Credit scores are numerical representations of an individual's creditworthiness, and they are used by lenders and other financial institutions to assess the risk associated with lending money or extending credit to individuals. Here are some of the key purposes for which credit scores are used:
Many phones have apps where you can do your banking from wherever you are. Banking apps can help you deposit checks, transfer funds, pay your credit card bill, etc. But how safe is it to bank from your mobile device?
Dangers to keep in mind
Ways to bank safely
Mobile banking is a convenient method of banking for the adult "on-the-go." However, it can also become dangerous if you don't bank securely. Keep in mind all of the above steps and you should have no problems with your banking experience.
Accounts receivable is an essential part of any business. With accounts receivable, you can track payments from customers/clients. Whether your business provides goods or services, using an accounts receivable aging wordbook template will help you gain piece of mind that you will have enough monetary funds to keep your business in operation.
Accounts receivable aging wordbook has a template that can be downloaded for free.
Information needed in an accounts receivable aging wordbook:
What an accounts receivable aging wordbook template may look like:
When it comes to columns G through I, make sure you check with your client's accounting department in order to ensure accuracy. Ask for any misplaced invoices, or if your client is having any issues with their services. If your client exceeds their column, it may be necessary to send a payment demand letter.
The last column on the accounts receivable aging wordbook template should contain the amount of money expected from your clients.
The accounts receivable aging wordbook template is an invaluable excel tool. It will give you peace of mind and ensure that your business is making the amount of money that you expect to be making. Let your accounts receivable aging wordbook drive your company on the road of success.
[photo credit: www.spreadsheetshoppe.com]
#financing #business #smallbusiness #corporate #accountsreceivable #pay #clients #customers #howto #evergreencontent #blogging #money #blogs #templates
Have you ever audited your payroll process? If you have not, you may want to schedule an audit at the end of your current business quarter. Scheduling regular payroll audits can help your business operate smoothly. Also, keeping the information organized can help your payroll department keep track of important documents, such as tax information, employee rate of pay and more. Businesses that go over their budget have been known to cut employee hours, which leaves a lack of coverage during your day of operations. It is essential to stay on top of your payroll.
Not having regular payroll audits can stress out your payroll department. Paying attention to payroll is essential in maintaining a successful business. Payroll is also an area that is at a high risk for fraud. So many things can go wrong in payroll. There could be minute errors in paperwork, fictitious employees may be receiving checks, and there could be a huge discrepancy in hours employees have worked and hours budgeted.
Keep the following tips in mind to help you run your first payroll audit:
What do we do with the information once we have it?
With the dawn of the internet age, many businesses have relied on the internet to help them manage their business. There are many services that are offered that can help businesses keep track of audits. PerfectForms happens to be one of them! PerfectForms is an online form and workflow solution service that is tailored to meet the needs of a business. This amazing service can help a business manage crucial information, whether it be information from an invoice or purchase form.
PerfectForms can help your business stay organized by automating information from the following forms:
With the information provided, you are armed with what you need to know about auditing your payroll process. You do not want your business to turn into a sinking ship. Organize your payroll process, schedule regular audits, and make sure you use PerfectForms to stay organized.
Are the departments in your company working successfully together in order to continue to innovate and develop new products? Many companies set up temporary cross-departmental teams in order to promote cooperation during specific projects. It has been shown that these teams work quite well together while working on these specific projects.
There seem to be a few small secrets that are likely to make projects like this work successfully. Please bear mind that the team members working on these projects are likely to be strangers to each other. So the first thing that you will want to do is to build the team. Although everybody would like to see fast results, it is important to understand that it can take about half a year to document and present the project to others, providing information such as the project’s objectives, brainstorming of ideas, all the way to planning.
The following steps will assist companies with setting up these teams. Also, these steps will help these teams implement tools needed so the teams can work well together. You will learn how to get the entire organization involved in your projects.
As the department running a cross-departmental project, you are probably hoping to see some fast results. However, do make sure to follow processes like the ones outlined above. Good processes are likely to generate good results. If the process is inappropriately rushed, some projects may lack the creativity a company needs in order to inspire clients. Many projects take some time to complete, but by keeping each of these teams motivated, the finished projects are likely to be full of useful information and unique creativity.
Remember: When you work together as a cohesive unit, that’s when ideas are truly born. Allow creativity to be your guide as you work together with your teammates.
The business world is known as being a “dog eat dog” world. Corporations are in constant competition with one another and will go to great lengths to ensure their competition fails. While it is okay for corporations to be strong competitors, there should be a code of ethics that every corporation should adhere to.
Monday through Friday, millions of people venture off to work. They sit through grueling traffic jams and rush to make it to the office on time. As the workday progresses, one may overhear a few co-workers talking in the cubicle next door. They are discussing a co-worker’s recent promotion. They say the promotion was undeserved, claiming the co-worker received the promotion based on favoritism. The co-worker who received the promotion overhears the gossip. In the days that follow, the co-worker becomes increasingly uncomfortable, and it begins to show in his work.
Gossip can affect all areas in the workplace. It can affect office morale, and it can hurt the feelings of the employee being gossiped about. Not only that, if clients find out that the company has a gossip problem, the client may be less inclined to do business with the company.
Workplace gossip should not be ignored. Implementing rules and standards can help cut down on the amount of gossip around the office.
Enforce the 'Open Door Policy.'
Employers, if an employee comes in with a complaint, allow them to discuss the issue. After the issue is discussed, work with them in order to find a solution to the problem.
Praise employees for all their hard work.
By praising everyone for their hard work, the office will be more harmonious.
The Three Strike Rule
There is no way gossip can be completely cut out of the workplace. However, if an employee gossips consistently, give them 3 chances to redeem themselves:
We've all been raised to believe that if something is too good to be true, then it probably is. For some, circumstances end up trumping logic and people find themselves in a costly and precarious situation.
A 29-year-old from Los Angeles was a victim of an online scam. David Sigman needed money, as we all do. He signed up to be a Mystery Shopper and was told he could make money by shopping local businesses and reviewing them. Sigman felt that the company was legit, and he did make a small amount of money for his work. Then he was offered a bigger assignment with the company: evaluate how a money transfer business works by cashing a $2,900 check. After he cashes the check, he was to wire the money back to him.
A few hours after completing the task, Wells Fargo called and said that the check was "fraudulent." The bank told him he was responsible for paying back the money he took out.
Signman told reporters that he felt violated and upset that he let himself down.
According to a "Scam Risk Report," Fake-check fraud is a trick played more frequently on individuals between the ages of 25 and 34. The Federal Trade Commission also found that 2x as many millennials reported fraud in 2017 than those who are over 60.
The BBB found that millennials are more likely to fall for scams they find online or on social media.
My Two Cents
I revert back to my first thought: "If it's too good to be true, it probably is." Folks, I know that it's a tough world out there. It's even tougher if you fall victim to scams, however. Do your research on jobs that you find online.
As someone who works from home, I've seen many online scams. These online jobs promise that you will make tons of money. However, they either require you to pay a fee upfront, ask for personal information first (social security number, bank info, etc), or it is straight up commission. It's best that you research each company you come across. Look them up on Indeed, BBB, Monster, see if they have a business website, etc.
Use your best judgment. Don't get caught up in a scam that will cost you money, and even your good name (I mention this because the money that Sigman owed could have damaged his credit score, ruining his chance to rent, get a mortgage, find a good job, get a car, and more). Research, research, research!
If you think this cannot happen to you, you'd be wrong. It can happen to ANYONE.
Readers, specifically my millennial readers: Have you been the victim of a scam? Let me know in the comments below!
#millennials #onlinescams #finance #money #business #WFHjobs #onlinejobs #jobsearch #employment
When Chitika shut down in 2018, many webmasters and businesses wondered what ad revenue sites they can use in order to make money off of their sites. Some you may have heard from, others, not so much.
One of the most important aspects of working at a business is teamwork. How well employees work together can either make or break a business. With many different personality types working next to each other, working together can be quite challenging. One employee may feel as if they work more efficiently on their own. Another employee may take it upon themselves to boss their teammates around. This particular employee may also be the type that would take another team member’s idea and present it as their own idea.
Whatever the case may be, employees can still find ways to work together as a team.
By utilizing the following techniques, employees can get into the right frame of mind, and be an effective team player for the sake of their company.
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