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Does your business sell products? Do you understand the difference between inventory and supplies? Do you have a system in place to properly track your inventory? Tracking inventory properly improves your balance sheet and keeps you financial records accurate. When you sell this inventory, are you recording and paying sales tax? Are you paying it on time? Penalties can add up quickly and can cause a small business to close its door. This seminar will focus on setting up and managing inventory along with an overview of how sales tax works. We will also cover how to setup inventory and sales tax correctly in QuickBooks, explore POS systems integration and address the issue of what do you do when your POS system doesn't integrate with QuickBooks?
About Your Your Instructor
Mathew Heggem is the CEO of The Bookkeeping Company of New York City (TBCNYC). He leads a team of over 20
accounting professionals, serving small to mid-sized businesses and nonprofits, with cost-effective bookkeeping, controller and CFO-consulting services.
The Bookkeeping Company of New York City is also one of the leadinig NYC job training agencies in the field of bookkeeping. They provide comprehensive training through the award-winning program, DISCOVERBOOKKEEPING.
Our Vision: To provide dynamic business and civic leadership in New York City and position the Greenwich Village Chelsea Chamber of Commerce as the leading voice for business in the communities we serve.
Our Mission: Provide innovative and effective programs and services to support businesses throughout Greenwich Village, East Village, Union Square, Flatiron, Chelsea, NOHO, and SOHO in four key ways:
ADVOCATE: Champion the voice of business in government and community affairs. EDUCATE: Keep members informed on relevant issues; provide opportunities for professional development. NETWORK: Provide programs to connect members to customers, suppliers, and community leaders. PROMOTE: Market our communities and member businesses to attract tourism, encourage new investment, and support the area’s economic growth.
Our History: For over 60 years, the Greenwich Village-Chelsea Chamber of Commerce (GVCCC) has served as the leading voice of business in our communities. Founded in 1949 by a select group of small business entrepreneurs in Greenwich Village, the Chamber has steadily grown to service Greenwich Village, Chelsea, SoHo, NoHo, Union Square, Flatiron, and the East Village.
What started out as a few dozen businesses banding together, is now hundreds of members strong. The Chamber membership ranges from sole proprietorships to locally owned independent businesses, to major institutions and organizations. Our diversity is one of our greatest assets, providing our membership with unique opportunities and a strong voice from which to address business issues. The Chamber also offers numerous benefits and services including networking opportunities, business and educational seminars, government advocacy, marketing and promotional campaigns and much more.
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