Calculating sales tax seems quite simple on the surface. Set your CLOVER to the correct tax rate and forget about it. But when you dive below the waves of day to day commerce, sales tax can get confusing.
Read moreCalculating sales tax seems quite simple on the surface. Set your POS to the correct tax rate and forget about it. But when you dive below the waves of day to day commerce, sales tax can get confusing.
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WHAT IS SALES TAX? Sales Tax is a tax on goods and services collected by merchants from their customers. If you are a merchant and you sell things, you are required by law to collect sales tax. This is a general description with many exceptions and rules around the taxability of goods and services from state to state.
Read moreMerchants who use sales tax as working capital rarely take time to understand the true cost and potentially catastrophic legal pitfalls until it’s too late. You may be wondering, why isn’t it OK to use sales tax to operate the business until it’s time to remit that money to the state?
Read moreDAVO Technologies, the fastest growing provider of daily sales tax cash management automation has successfully closed a venture round of strategic investment led by Anania & Associates Investment Company.
Read moreFormer restaurateur and current tech company cofounder David Joseph took the adage, “Be the change you want to see in the world,” to its furthest conclusion. The owner of a celebrated restaurant in Montclair, New Jersey that enjoyed an 18-year run before he sold it, Joseph is no stranger to the stress of staying on top of the outflow of cash from a restaurant.
Read more"The paychecks on the merchant advance was to have the funds automatically deducted from the day receipts."
Read moreSmall business tools company DAVO launched two new apps to help small-to-medium-sized businesses (SMBs) with their cash management needs. DAVO Sweep & Save and DAVO Savings Club are the two new apps available to SMBs today.
Read moreDAVO Technologies, developers of DAVO Sales Tax, the only automated sales tax cash management solution for small to mid- sized businesses has integrated with Square, a leading provider of payment and point of sale (POS) solutions to SMBs.
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