Gregory S. Wilson Bookkeeping and Notary Services

Use Tax in Pennsylvania is a tax that is imposed when purchases from websites or out of state items don't carry a sales tax. The tax is paid to the state through their Etides Module. If you would like more information about Sales and Use Tax and how to pay it, contact the office at 724-438-5146 or toll-free 1-866-417-8432.

Are you Simple or Specific? A simple structure in your expense transactions can limit the way you report your expenses. Let's take a look at a business that uses different delivery methods to distribute a product. Having one expense account labeled "Delivery Expense" is appropriate when you have one way to deliver your goods, but let's say you have different ways to deliver your products and you want to know which one seems to cost the most? ... By having sub-expense categories under the parent, you get more specific with your reporting and now can even produce pie charts to show the expenses under the parent. So what are you? Simple or specific? If you need help with your bookkeeping, call my office today: 724-438-5146 or toll-free 1-866-417-8432.

Happy Valentine's Day!!!