Did you get your Paycheck Protection Program (PPP) Loan? Do you know how to account for it? Here’s our guide on recording the bookkeeping transactions.
PPP Loan Forgiveness Tracking Spreadsheet
What is Paid Sick Leave, Expanded Family & Medical Leave?
President Trump signed into law the Families First Coronavirus Response Act requiring companies to provide both limited paid sick leave and expanded family leave to employees impacted by the COVID-19 outbreak effective April 1st. We're joined by Gaye Weinberger of Organization Ink as we touch on Unemployment, Sick and Paid leave and how it all works.
COVID-19: Paycheck Protection Program Rules
Covid19 Resources for Restaurants & Unemployment Financing
COVID-19:ABCC EXTENDS POSTING TO 90 DAYS
You are reading it correctly, the evil empire known as the Alcoholic Beverages Control Commission has even pitched in a bit of relief by extending payment of invoices to 90 days. This adds 30 days to the original 60 day terms for liquor bills, adding much needed breathing room for restaurants. Make sure you go into your accounting software and change the terms!
A RESTAURANT’S FINANCIAL GUIDE TO SURVIVING COVID-19
Coronavirus disease 2019 (COVID-19) is a respiratory illness that can spread from person to person. This illness has a high mortality rate, and is easily transmitted. Governor Charlie Baker on Sunday night ordered all public and private schools across Massachusetts to close for three weeks, and, beginning Tuesday, has limited all restaurants to only takeout and/or delivery. The motivation here is to create “social distancing” that will help flatten the curve of the exponential growth of COVID-19 cases.
