Everything Mail Order

INTRODUCTION

This information is provided for individuals who are starting a mail order business and require a basic bookkeeping system. It has been written for someone who has little or no bookkeeping background. No income tax or professional advice is rendered. Such advice should be obtained from a CPA or an Attorney.

The operation for any business requires a basic system to keep track of income expenses. There are two good reasons to keep good records.

1. It is the law. The IRS, State Income Tax Division and State Sales Tax Division (where applicable) requires you to keep complete and accurate records.

2. Keeping good records is good business. It helps you to understand your business better. It will let you know at all times how your business is doing — how much money you are making or losing. In addition it enables you to analyze expenses and revenues. You can see how seasonal and other trends develop. All of this will he;p you to make sound business decisions.

BUSINESS CHECKING ACCOUNT

It is best to set-up a separate business checking  account with your bank for your business. This account should be used only fordeposit of business related income and payment of business expenses. In this way you a maintain a distinction between business and personal expenses.

STATE SALES TAX

You are required by law in most states to collect  the appropriate State Sales Tax. This only applies for sales within your state. Out of state purchasers are not charged a sales tax. Only the end-user pays sales tax. If you should be selling to a dealer he can provide you with a sales tax exemption certificate.. In this case he is not required to pay the sales tax to you since he will be collecting if from his customers.

STATE USE TAX

THe Use tax generally applies when a company buys supplies or equipment for its own use from an out of state business. It does not apply when material or merchandise are bought from an out of state company which will be re-sold. The use tax rate is the same as the sales tax rate.

For specific information on regulations in your state call the nearest State Sales Tax Division in your area.

ACQUISITION OF EQUIPMENT

When acquiring office machines, such as typewriters, computers, copiers, furniture, etc. such expenditures are generally depreciated on your tax return over a period of time.. For specific information check with a qualified tax advisor.

EXPENSES RELATED TO A HOME OPERATED BUSINESS

If a business is operated from home in many instances a portion of rental, mortgage or other expense may be deductible when filing your income tax.. The same may apply to utility expenses. There are specific laws pertaining to this, and again you should get professional advice.

EXPLANATION OF FORMS

We have provided you with several forms. You can use them as they are or change them to fit your particular needs.

1. DETAIL OF MONTHLY EXPENDITURE FORM

In the left hand column you keep track of expenditures for merchandise and products that you resell to your customers. The accounting term is generally cost of goods or product, or cost of sales.. If you sell books by mail you would record your purchasesfor these goods (including drop shipments) in this column.

The right hand column should be used to record all other expenditures. You obtain this information from your business checking account. If you pay for business expenses by cash keep track of theses expenditures separately and enter into this column also.. If you also use one or more credit cards to pay for business expenses list these expenses here too.. It is best to designate a specific credit card to be used for business expenses only.. Do not intermingle personal charges. In this case you  maybe able to deduct the interest on your taxes.

2. INCOME AND EXPENDITURE FORM

Record your daily income in the left hand column. Since you may not have income on a daily basis in the beginning stages of your business you can record income less frequently, such as weekly or even monthly.

You may wish to keep a separate income journal. The purpose of such a journal would be to give you a more detailed breakdown of your revenue. Set it up in any way you feel it will best suit your needs. For example you may want to record new business separately from repeat business. If you sell dealerships and books, for example, you may want to record the revenue from dealerships separately from the revenue for books, etc.

In fact the right column of this form you can keep track of your expenditures by category. Again you can change the categories to suit your particular needs.

When you deduct your expenses from your receipts at the end of the month you will have an income or loss figure for your business

PROFIT & LOSS STATEMENT FORM

Here you show you monthly revenue, expenses and profit loss. There are no requirements for you to do this on a monthly basis..

Especially in the beginning stages of your new business, you may want to generate a Profit & Loss Statement on a quarterly basis, semi-annual or even annual basis.

SUMMARY

The above information and forms will give you a basic system. Tailor it to fit your own situation. You may want something more elaborate or less detailed. Or you may not even put all your business accounting on your P.C.. If you are considering to acquire a software program to help you with your accounting I would strongly suggest you wait until you understand your

business well. Also accounting software can be difficult to use for an individual without  accounting background. A personal money management software system will generally be quite adequatefor most small businesses.

Don’t get overwhelmed by record keeping for you new business especially if this is something new for you. Governmental agencies do not require you to keep your books in a particular way but do require you keep good records. This also means that records must be substantial. Again your accountant can give you detailed information on existing requirements.

While the big task of any new business is developing sales and acquiring customers, good record keeping is generally found in successful business operations. Your records provide you with accurate present and past information that you as the owner and president of your company must use constantly analyze your business so you will maximize profits.

To your progress!

By: Temitope Ogundiran

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Your business needs PAVE Software solutions because it is a powerful tool to maximize your company’s profitability and maintain accuracy with your data and customer profiles. The PAVE software program has been developed in collaboration with the mailing industry to assess pre-sort software while determining the accuracy of the sorting address files according to the DMM standard. This software (PAVE) is available only to the software and hardware developers. Companies that design pre-sort software or develop pre-sorting equipment for re-sale or internal use usually avail of the PAVE software.

This program is a process which evaluates and verifies the pre-sort products manufactured by developers, however, the software does not guarantee acceptance of mail prepared by PAVE certified hardware and/or software personnel. Incidentally it, however does provide national approval of computer generated facsimiles of USPS postage statements, standardization of documentation and other pre-sort documentation.

The USPS defines a PAVE certified software product as a pre-sorting product with source codes specifically written to operate on a particular platform or operating system while being assigned a specific version number. Many products use different language compilers to process files within different operating systems or on different hardware platforms. In order to maintain the highest standards of quality assurance, PAVE certifies each product that operates on a particular platform with the correct version number.

One platform is tested on the basis of test files ordered while additional platforms would be tested randomly. PAVE software evaluates each platform of the pre-sort product separately and would issue a certificate for each platform that meets the PAVE accuracy standards. This mailer’s postal automation software prepares the client’s mailing list to meet USPS requirements for maximum discounts in mailing. Such PAVE certified software verifies and standardizes addresses for maintaining address accuracy.

This system eliminates duplicate records, postal re-sorts to the lowest rate possible and prints bar coded labels, tags and required postal forms. PAVE certified by the USPS guarantees highest level of address accuracy for correct delivery and assures direct mail savings. The top functioning highest quality mail management software program, PAVE, performs all the necessary tasks for complete mail preparation to maximize the client’s profits while ensuring time saving.

This most sought after and stable software consistently complies with all US postal service links, accurately corrects and validates addresses for improved mail delivery. It also identifies and removes costly duplicates in client’s data base while providing superb technical support even offering money back guarantees in case of non performance.

This software is an extremely handy tool for efficient management of data dependent business based primarily on consumer data bank. In the business world, incorrect data can be damaging to any company. If the addresses are inconsistent or inaccurate, the company suffers the cost of resending mails, losing customers and eroding its reputation in the competitive market. Direct mailing is a big business as certain products are more appealing to certain customers. A mailing list created by using this sophisticated software helps in a big way in targeting the right customers while validating records and its contents.

By: Mr. Software

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Why Russian singles join mail order bride services?

The short answer is that because there are women of Moscow to the Russian services online of married mail-order brides. In fact, there are thousands of Russian brides waiting on line to meet their companion of life. Some of them recorded only their profiles and a part was recorded by the service. Usually, these Russian services of bride will charge the male profiles so that a small cost buys to come into contact with stamps of these ladies of Moscow. All the single women are free. However, there are some completely free Russian services dating which never charge anything with their members. They provide the free service for the Russian single girls and the American men or all the other Western men. Please look at the Russian Web sites completion free of dating below, they are completely free.

Why American men with the Russian single women?

The Russian women of single American love men is because they like the beauties and honest Russian girls. The bride Russian are the bride most beautiful on the world. They are thin and on a fine shape. They are honest and faithful to love and respect the husband. The American types can dine ready each time they arrive at the house of work. The Russian women are the hard workers thus they only make the major part of the house works. The bride Russian never leave for wild voyages after they married. They do not leave for the types the weekends. They can make cook the daily delicious meals. The Russian wives are the best for the American men because they respect their husband and the elder ones. They let their husband carry out the family.

Why Russian brides marry with the American men?

The Russian single women think that they are treated in a better way. In America, women are treated with more respect. They must be also treated. In the United States, there is a strict rule that the husband cannot strike the wife, and vice versa. Thus, the women in Moscow understand that they will have a better life in America than in Russia. The single dream Russian girls of a good life who they will obtain is married with the companion of life which treat them enough, which gives them the true love. I think that the majority of the women have the same thoughts that they like to have the love of the men in their life. They must be liked same manner that they love the men. Generally, all the single girls dream of the happy family with children. The Russian single girls think in the same way that they want to have a good future in America.

What is Russian mail order bride services?

The Russian bride mail-order selling is the girl of Russia which married with a foreigner, the men American or the Western men. There are many Russian services of married mail-order selling emerging nowadays to help the American men to become with the current of the bride Russian. The services mail-order selling will provide the means of finding one or the other single women of Moscow and standard American. The single Russian girls can find their grooms of married and vice versa these Russian sites of dating. The service also provides other means to lead to a marriage, such as the translation for those which have the linguistic barrier. For example, a Russian bride does not understand that English will need a translator. However, the single men will pay the service. There is no fee of the Russian girls, only of the men who must pay these fees.

By: Vicky Smith

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It was a Tuesday evening – 24th February 2009; I decided to run through the e-mails we had received. There was a message that was titled ‘Fw: From Platinum Habib Bank ATMs’. Being a banking information collector, I went for it first. The mail was from one Anita J. Olsen who I suspect is from Norway, she had received an e-mail on February 22, 2009 titled Platinum Habib Bank ATMs and inquired if it was a legal matter. So she forwarded the e-mail to us.

The sender (of the original e-mail) claimed that she (Anita Olsen) was the beneficiary of $14.6 million  contract inheritance which she won in a state lottery award and wanted her to part with some of her personal information in order to receive some ATM cards with    which she would withdraw her ‘loot’ from any ATM machine in the world.

The sender who sent the e-mail from anarchiz@wanadoo.fr also claimed that the President of Nigeria Umaru Yar’ Adua had assented to the disbursement so she needed to act fast. The e-mail was undersigned by one Ahmed Kuru with the designation Remittance Manager (Platinum Habib Bank) after warning that she deal with no other person within or outside the bank because “that was why her payment has been delayed until now”.

Going through the e-mail I didn’t need to be told who was behind this and what it was all about. Definitely a scam from a jobless Nigeria youth. I promptly replied her e-mail telling her to disregard the message and treat it as the scam that it is and I also wasn’t conservative in telling her it was just a cyber-fraudster trying to play a fast one on her. Since she had had no previous dealing with Platinum Habib Bank or any other bank in Nigeria, as our consequent correspondence confirmed, I have no apology for this.

Internet scam popularly called ‘yahoo yahoo’ (in Nigeria) isn’t new to most Nigerians because of the effect it has had in shaping the countries current image abroad. But what’s gaining ground and replacing the era of credit cards and control number is the practice of using real names of persons and organizations in trying to swindle their ‘maga’ as they describe their prospects. And of more concern to us is the use of the names of Nigeria banks and their top hierarchy and in some cases their Managing Directors in executing their nefarious intentions.

In the e-mail in focus for instance; Ahmed Kuru who was described as the Remittance Manager is actually the Executive Director North Bank, West, Central & East Africa for Bank PHB. In a similar e-mail also circulated titled ‘Zenith Bank Compensation unit in association with United Nations’ (in may 2008), the scammers claimed that the former UN secretary general – Kofi Annan – had ordered payment of huge sums to beneficiaries and was signed by Tony Elumelu who is the Group Managing Director of United Bank for Africa whom it described as the Remittance Manager of Zenith Bank and Mr. Jim Ovia Zenith Bank’s true Managing Director was designated Director Swift Card payment Centre. This, in my candid opinion, is undermining the reputation of these men before foreigners.

Another concern is that these e-mails are circulated far and wide, especially to foreigners who make no mistake in attaching it to Nigeria without reservations. These e-mails have also been posted on Anti Fraud forums including the scam section of Anti Fraud International and they are tagged ‘419 Nigerian Scams’. One of such recipient of the Platinum Habib Bank ATMs wrote on the Gariell’s Weblog (an online forum which helps people to recognize and not fall victim of fraud), “For all, use this phrase: “something about Nigeria?, no thanks” and you will be cured from such scams”.

For you, you’d really need to take guard because they make it look real. For no reason should you give anyone your personal details, it might just be an address they need to conclude their shady deal.

A way to easily recognize these e-mails is that they are not sent from the banks’ customized e-mails, which is a first sign of a fraud. For instance you find them use e-mails such as; zenithbank_branch01@yahoo.com, rendybokomasu@yahoo.fr etc and give return e-mails like; unzbng@post.ro, compensationteam@aim.com, unpdpt@live.com, jim778850@yahoo.com and so on. I believe I can say with authority that no Nigerian bank will send an e-mail from any other address except its customized addresses. And secondly, no bank would ask you to send your personal details for any reason. Customer updates are done through forms on their websites or in their bank branches.

So even if a staff of the bank connives with fraudsters by giving up the banks e-mail service, their demands should tell you it’s all a scam. Don’t be greedy to fall for any of these.

By: Sanyaolu Kehinde

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Nowadays various famous with people online foreign pharmacies are working for good of people around the world. Their performance is out of question. The first and foremost is Canadian internet pharmacy is the reliable one online drug store that can be counted on for the best and rare drugs online for the real good of people in the whole world.

These pharmacies provide cheap drugs. Cheap drugs are not in quality but in pricing. The pricing index to the very length is affordable so that so much that every next person in the world can afford them easily.

Canadian internet pharmacy provides cheap, Buy Acomplia, affordable and reliable drugs which are not available on other online drug stores. Canadian internet pharmacy is one of the best foreign online pharmacies. Canadian internet pharmacy is the only mail order pharmacy that offers inexpensive drugs which sell on priority to common and poor ones so that they can also enjoy health and cheap medication at inexpensive prices. Canadian internet pharmacy is counted on for the best drugs around the world. This pharmacy is online on priority to provide drugs to the diseases ones round the clock so that they could have better health. Beside canada pharmacies the other two pharmacies such as online Mexican pharmacy and online pharmacy celebrax provide useful drugs.

A hundred types of Canadian prescriptions are available online at Canadian internet pharmacy which is the best foreign online prescription pharmacy and has been considered most reliable Canadian mail order pharmacy which offers cheap medication at lowest possible prices so that the people across the world, in all the corners of the world, can better their health and promote health of their loved ones. Canadian intern pharmacy is the cheapest online pharmacy as round the clock available internet pharmacy that has been performing the best job being one of rare Canadian pharmacies which have proved as symbols of low priced prescriptions at cheap prices. Canadian mail order pharmacy is the cheapest, in pricing, mail order pharmacy that sells, beside other important drugs, meridia online. Now you can buy meridia online from Canadian mail order pharmacy at lowest prices.

Canadian mail order pharmacy is the high rank internet pharmacy where Canadian prescriptions can be ordered without delay of a minute so because this mail order pharmacy has been relied on over the years due to its major role in helping countries grow generations healthy and strong.

Therefore, do not wait for but buy merida online and drugs of the kind from never failing in standard Canadian mail order pharmacy, all the need of every home, Canadian prescriptions. Canadian prescriptions have been significantly a name of reliance of highest quality medications. Therefore, contact Canadian mail order pharmacy so that your children, mothers, fathers, brothers and sisters have peaceful life through out your career. All the most consumable drugs are available online which are any time contacted for medications and any time needed for. More importantly, you can buy meridia online because on Canadian mail order pharmacy no reasonable prescription certificates are needed for. Buy all the drugs from Canadian mail order pharmacy at low prices.

By: David Hussey

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