Articles | My Lizzy

Sales Taxes: Exempt Tax vs. ???

October 12, 2011September 7, 2012Glenn Hancock

Frequently, when filling out our monthly ( or quarterly ) tax forms to send our sales tax payments to the state, we run across the issue where they want more…More…Sales Taxes: Exempt Tax vs. ???

Cash Basis vs Accrual Basis

September 28, 2011October 29, 2012Glenn Hancock

How does Lizzy handle her accounting? The answer to that is that she runs an Accrual Accounting Basis, with a slight exception regarding invoicing. First – why Accrual Basis? Well…More…Cash Basis vs Accrual Basis

Articles Business Management

Lizzy at Profit Xcelerator 2011

September 27, 2011September 7, 2012Glenn Hancock

I wanted to take a few minutes to let everyone know that we’re at this years Power Sports Business Profit Xcelerator 2011 and are surprised by how few dealers actually…More…Lizzy at Profit Xcelerator 2011

Business Invoicing Sales

How Lizzy Handles Prepaid Sales Tax ( or Tax Assessments )

August 30, 2011September 8, 2012Glenn Hancock

Various states handle sales tax collections in various ways, but one of the more difficult to grasp concepts is prepaid tax. The easiest way to describe it is to give…More…How Lizzy Handles Prepaid Sales Tax ( or Tax Assessments )

Articles Business Sales

Processing Refunds on Credit Cards

May 26, 2011September 8, 2012Glenn Hancock

Honestly, I was a bit surprised to see how many of our customers are actually processing refunds on their credit card machines or through Lizzy. I just assumed that everyone…More…Processing Refunds on Credit Cards