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When faced with the many challenging aspects of running a business, it’s easy to feel overwhelmed. That’s where Merchant Maverick is here to help. Use our free guides and reviews on payment processing, small business loans, point-of-sale, accounting and much more. We did the research to save you time and money.

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What Is Shopify?
Here’s the ultimate guide to this all-in-one e-commerce platform that allows anyone to set up an online store and sell their products.
Your Guide To Credit Card Processing
Find all the basics of payments explained step by step, including how credit card processing works, credit card processing fees, and more.
Square Vs. Stripe
They are two of the giants in the payments industry, but which one is better for online payments? We compare in this video.
Top States Most Likely To Survive A Recession
You want to survive the next recession? It may be time to pack your bags for the Upper Midwest.



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Square Payments

Top Mobile Processor

A leader in the point of sale and credit card processing markets, Square is known for offering a free card reader and a $0 monthly fee option. But it also offers more robust options for businesses of any size, including retail and foodservice.


Top Corporate Card

The Ramp corporate card centers around one mission: saving customers money. Besides its lack of fees, Ramp also includes software designed to help cut costs.

Clover POS

Top Point Of Sale

Clover POS is good for newer businesses that want an attractive, easy-to-use, all-in-one system with simple flat-rate processing. It offers sleek hardware as well as a free option for small businesses.

1,500+ Posts & Counting


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How To Record The Employee Retention Credit In Financial Statements

How you record the ERC as a journal entry depends on when you claimed the credit and if you received it as a refund. You can record the transaction by debiting the Income Tax Expense account and crediting the Cash account if you claimed the ERC on your quarterly return. If you filed an amended return to receive a refund, you will record a debit in your Cash account and a debit under the Income Tax Expense account.

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The vendors that appear on this list were chosen by subject matter experts on the basis of product quality, wide usage and availability, and positive reputation.

Merchant Maverick’s ratings are editorial in nature, and are not aggregated from user reviews. Each staff reviewer at Merchant Maverick is a subject matter expert with experience researching, testing, and evaluating small business software and services. The rating of this company or service is based on the author’s expert opinion and analysis of the product, and assessed and seconded by another subject matter expert on staff before publication. Merchant Maverick’s ratings are not influenced by affiliate partnerships.

Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity. The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.

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