Page 99 - 2022 Colorado Investigative Development Institute (CIDI)

6/3/22

Accounting
Big Chief Tablet & #2 Pencil
Spreadsheets
Accounting Software
- Wave Accounting (waveapps.com)
- Cost $0.00 (FREE Accounting – FREE Invoicing)
- They Make Money on CC Transaction Fees
- 2.9% - 3.4% + $0.60 per transaction CC / 1% ACH Bank Payments
- Quickbooks
- Desktop $299.95 a year
- Online $12.50 - $90.00 a month
- CC fees are comparable
Professional Accountant / CPA / Tax Advisor

PI BUSINESS & MARKETING BASICS

JOHN MORRIS – EVCO INVESTIGATIONS

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Other Credit Card Processing Options
- Paypal
- Competitive Fees / Invoicing / Reporting / Can Xfer money as needed
- Debit Card tied to Account / API
- Tied to ONE Person / One SSN or EIN / NON Transferable
- PI Businesses not protected
- Stripe
- Competitive Fees
- Invoicing / Reporting
- Custom Transfer Schedule
- API

PI BUSINESS & MARKETING BASICS
JOHN MORRIS – EVCO INVESTIGATIONS

10

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