How Accrual Accounting Works for Interior Designers

How Accrual Accounting Works for Interior Designers

Designers always ask us to explain accrual accounting and how it pertains to the interior design industry. Good news is that our CEO, Marissa Jones explains the difference between accrual and cash-based accounting in the attached article for Ivy Magazine. Our simple answer, accrual basis shows income when an invoice is generated while cash accounting…

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Selling Outside Your State and Multi-State Sales Tax

Selling Outside Your State and Multi-State Sales Tax

Designers should always ask themselves, “Am I selling more than $50k worth of goods or services in a state in which I am not registered?” If you answered yes to this question, it might be time to look at nexus thresholds for that particular location and multi-state sales tax.

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