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  • I Advice - Business Credit Card Offers Expense Tracking Plus Rewards and Rebates

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    ss owners not only have a receipt for these purchases, but can track where most funds are spent. For highly disposable items such as office supplies, business owners can scan their sta
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    Each year at tax time, business owners scramble to collect all their deductible expense receipts. Businesses that use cash for purchases run the risk of employees failing to return and properly file receipts.

    By using a business credit card, business owners actually have two receipts to track deductible expenses (the receipt obtained from the retailer upon purchase, and the monthly credit card statement). Even if both sets are accidentally discarded, misfiled or destroyed by fire, the business owner can request duplicate statements for a small fee.

    Major credit card issuers will also itemize statements and provide a break-down of how funds were spent, such as furniture purchases, office supplies, travel, etc. Business owners not only have a receipt for these purchases, but can track where most funds are spent. For highly disposable items such as office supplies, business owners can scan their stat

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    properly file receipts.

    By using a business credit card, business owners actually have two receipts to track deductible expenses (the receipt obtained from the retailer upon purchase, and the monthly credit card statement). Even if both sets are accidentally discarded, misfiled or destroyed by fire, the business owner can request duplicate statements for a small fee.

    Major credit card issuers will also itemize statements and provide a break-down of how funds were spent, such as furniture purchases, office supplies, travel, etc. Business owners not only have a receipt for these purchases, but can track where most funds are spent. For highly disposable items such as office supplies, business owners can scan their sta

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    chase, and the monthly credit card statement). Even if both sets are accidentally discarded, misfiled or destroyed by fire, the business owner can request duplicate statements for a small fee.

    Major credit card issuers will also itemize statements and provide a break-down of how funds were spent, such as furniture purchases, office supplies, travel, etc. Business owners not only have a receipt for these purchases, but can track where most funds are spent. For highly disposable items such as office supplies, business owners can scan their sta

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    ll fee.

    Major credit card issuers will also itemize statements and provide a break-down of how funds were spent, such as furniture purchases, office supplies, travel, etc. Business owners not only have a receipt for these purchases, but can track where most funds are spent. For highly disposable items such as office supplies, business owners can scan their sta

    Business Grants Can Make You A More Effective Entrepreneur
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    ss owners not only have a receipt for these purchases, but can track where most funds are spent. For highly disposable items such as office supplies, business owners can scan their statements and perform inventory to detect employee theft.

    If a business owner is reluctant to issue credit cards to his employees because of the liability factor, he can obtain a pre-paid business card and deposit only the amount of funds needed prior to each purchase.

    Many major business credit card issuers also offer extended warranties on purchases, which can be more cost effective than purchasing an extended warranty from a retailer.

    For frequently purchased items, business credit card issuers such as Discover will award a 5% cash back rebate. Obviously this helps business owners lower their overall expenses. The key to remember at tax time is that the cash back may be taxable, but any interest charged by the

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