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Cash Basis vs Accrual Basis Accounting Accounting Business FAQ

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

Lizzy at Profit Xcelerator 2011 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

How Lizzy Handles Prepaid Sales Tax ( or Tax Assessments ) 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 )

Processing Refunds on Credit Cards 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

Lizzy™ Management Rental Sales

Rental Module coming soon!

December 22, 2010December 22, 2010Glenn Hancock

With the release of Lizzy next week, we will be including a free rental module that is included in the system. In its current version it supports setting up rental…More…Rental Module coming soon!

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