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Posts by MarntzRC

PPP Loan Forgiveness FAQ’s

Here are some frequently asked questions about loan forgiveness. Guidance on loan forgiveness is evolving and rules may change, so check back for updates. What are permitted uses for PPP loans? Payroll costs (as described below). Interest on mortgage obligations, in force before February 15, 2020. Rent, under lease agreements in force before February 15,…

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WANT CLIENTS TO PAY YOU TIMELY?

DO THE FOLLOWING BEFORE STARTING ANY PROJECTS: Have the agreement in writing(This includes: the price, due dates, completion dates, etc. Avoid oral agreements) Agreement must be signed by an authorized personnel(Authorized personnel signature validates the purchase) Sales representative must obtain client accounting department contact information(This makes it easier to know who to contact when payment…

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AVOID PAYING THE SAME INVOICE TWICE.

Do the following before making any payments: Look at the invoice number; match this number to your records to make sure you haven’t already paid it Send the invoice to the owner to approve it; the owner is the purchaser. Owner acknowledgement makes the invoice legitimate Review the line item descriptions, What are they charging…

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