Mastering the Year-End Inventory Count and Valuation

Mastering the Year-End Inventory Count and Valuation

The year-end inventory count helps retailers obtain a clear picture of a store’s financial health. Beyond simply counting items, it’s a process that impacts everything from tax liabilities to future purchasing decisions. For retailers, mastering this...
Top 10 Technology Trends in 2025 – Looking into the Future

Top 10 Technology Trends in 2025 – Looking into the Future

The retail landscape is in constant flux, driven by rapid technological advancements. For small retail businesses, keeping pace with these changes is not just an advantage—it’s essential for survival and growth. 2025 promises a wave of innovation that will...
History of Credit Card Surcharges and Cash Discounts

History of Credit Card Surcharges and Cash Discounts

   In today’s retail market, there are several strategies that merchants are increasingly using to defray the cost of accepting credit cards.  All these are meant to effectively pass on the cost of accepting credit cards to the consumer at the point of sale. ...
Flat Rate Pricing vs Tiered Pricing

Flat Rate Pricing vs Tiered Pricing

Flat Rate vs. Interchange Plus vs. Tiered Pricing Schemes Unless you are a payment expert, it’s often challenging to understand your monthly credit card statements and associated processing fees, depending on your plan.   There are lots of unfamiliar terms, multiple...
How to Switch from QuickBooks Desktop to QuickBooks Online

How to Switch from QuickBooks Desktop to QuickBooks Online

How to Switch from QuickBooks Desktop to QuickBooks Online   QuickBooks Financials is the world’s most popular accounting software program for small and medium-sized businesses.  QuickBooks is owned by Intuit and the various versions of QuickBooks are used by...
How to Switch from QuickBooks Desktop to QuickBooks Online

Best QuickBooks POS Alternatives

QuickBooks POS Alternatives: What are the Best POS Systems to Replace Your QuickBooks POS system? In Spring 2023. Intuit announced that it is discontinuing the QuickBooks point of sale system, also known as QuickBooks Desktop POS. The announcement was not surprising. ...
Pros & Cons of Cash Discount Programs 

Pros & Cons of Cash Discount Programs 

There are two types of programs that have become popular with certain types of businesses – cash discounting and credit card surcharge.  With a credit card surcharge, the credit card terminal charges an extra fee when a card is used – with that extra...
How to Switch from QuickBooks Desktop to QuickBooks Online

Intuit Discontinuing QuickBooks Desktop Software

Learn why Intuit is discontinuing its popular QuickBooks Desktop Software and how easy it it to switch from QuickBooks Desktop to QuickBooks Online. Intuit has announced that it will be discontinuing older versions of QuickBooks software, including its QuickBooks...