x

In a Salon with multiple stylists, can money be transferred to each person end of day?

In a Salon with multiple stylists, can money be transferred to each person end of day for the services they performed? 

198 Views
Message 1 of 2
Report
1 REPLY 1

Hi DBBRice,

 

Just a thought, you may end up with a record-keeping nightmare as there's items like W9s and 1099s to consider - I believe apps like this don’t provide any itemized detail so if you are not documenting every single transaction at the time you transfer the money, at the end of the year when it comes time to issue 1099s, it may keep you up at night.   As the scope of the Community is not intended for professional and/or legal advice perhaps it's best to seek the help of an accounting / legal professional for a solution that works best for your situation. 

169 Views
Message 2 of 2
Report
This thread has been archived and locked. Please start a new thread if you would like to continue the conversation.