The Department of General Services (DGS) recognizes the vital role suppliers to State Government Agencies play in California’s economic recovery efforts. State government must do its part to ensure suppliers are paid accordingly. Government Code (GC) Section 927 et. seq., sets forth the California Prompt Payment Act. The Prompt Payment Act requires State agencies to pay properly submitted, […]
Archive for the ‘business’ Category
Late Payments for Invoices Incurred During Fiscal Year 2009/2010
Posted by admin on August 12th, 2010
COGS or Cost of Goods Sold
Posted by admin on July 15th, 2010
If your business manufactures products or purchases them for resale, you generally must value inventory at the beginning and end of each tax year to determine your cost of goods sold. Some of your expenses may be included in figuring the cost of goods sold. Cost of goods sold is deducted from your gross receipts […]
Posted in BN News, business, Paperwork 
Tags: Accounting, COGS, Cost of Goods Sold 
Comments Off on COGS or Cost of Goods SoldPlanSwift Partners With BuildersNotebook
Posted by admin on July 13th, 2010
BuildersNotebook has partnered with PlanSwift Takeoff & Estimating Software. Santa Barbara, CA, July 13, 2010, — BuildersNotebook announced today an exciting new partnership with PlanSwift. PlanSwift and BuildersNotebook have come together to offer the construction industry a better solution in finding work, construction document viewing, performing takeoffs and estimating. This new product combines PlanSwift’s amazing […]
Posted in BN News, business, News, Projects News Tags: government planroom, internet plan room, online plan room, pdf takeoff, plan rooms, planroom, Planswift, santa barbara plan room, santa barbara planroom, takeoff software, the plan room Comments Off on PlanSwift Partners With BuildersNotebookNew Outlandish 1099 Laws for 2011
Posted by admin on June 30th, 2010
Get your pen and pad of paper ready, 1099 paper that is. As part of the newly enacted Patient Protection and Affordable Care Act signed into law March 23, 2010, by President Obama, businesses will be required to report payments over $600 per year of goods or services made to anyone, including corporations, except entities […]
Posted in BN News, business, DVBE, Legal Information, News, Paperwork Tags: 1099, 2010, 2011, business, California Small Business, Construction, economy, irs laws, March 23, New 1099 laws, Patient Protection and Affordable Care Act, taxes Comments Off on New Outlandish 1099 Laws for 2011