
Your Digital Ally: The Virtual Bookkeeper
The way we do business today is online, so why shouldn’t your bookkeeper be too? A virtual bookkeeper allows you to tap into expert know-how
Welcome to our blog! This is where you can find featured articles on a variety of bookkeeping tips and tricks.
The way we do business today is online, so why shouldn’t your bookkeeper be too? A virtual bookkeeper allows you to tap into expert know-how
Taking a few minutes to decide how to organize receipts in your business is a valuable exercise. In Canada, keeping a clear record of your
Tax is often a big challenge for business owners in Canada. In between all the complexities, the small business deduction stands out as a beacon
When it comes to managing your business’s finances, it’s important that you understand the difference between a bookkeeper vs accountant. Both roles are essential, but
Understanding the concept of a holding company is important for both business owners, investors, and financial advisors. This comprehensive guide will delve into the intricacies
Running a business requires juggling various responsibilities, from managing operations and serving customers to driving growth. In the midst of these demands, it’s easy for
As a business owner you put a lot of trust in your bookkeeper. This person manages your financial records, has access to your bank account
One of the decisions you have to make early on in your business is whether or not to hire a bookkeeper. Once you decide to
Understanding the tax system in Canada is an important part of running a business. Two common types of tax you will encounter are the Harmonized
A credit memo is a document issued to a buyer from the seller that states a credit balance. Credit memos often include the reason for
In most businesses, you will be using more than one app to run your business. For example, all of our clients have our basic tech
Keeping track of your receipts is crucial for having an accurate view of the financial position of your business. Without your receipts, you have no
This is a question that comes up a lot as even if you are registered as a quarterly or annual remitter for GST/HST, you probably
What is a Record of Employment (ROE)? A Record of Employment (ROE) is completed when an employee has interruption of earnings from your company. This
There is usually a time when your business is growing so much that you need to hire an employee (or more than one). If you
When determining which tax-free savings account (TFSA) to choose, there are a few things to consider. The first being whether the account will be used
Running effective virtual meetings is crucial if your staff works remote. If your staff works in an office, it is important to know when to
A Tax-Free Savings Account (TFSA) is a program created for Canadians over the age of 18 to set aside money that they can withdraw tax-free.
Firstly, you should definitely be asking yourself this question if you aren’t already. For some reason a lot of business owners don’t pay themselves especially in the
Your business structure can determine many important things within your business, like how your business does taxes and how you pay yourself. The most common
Meals and entertainment expenses are vital to some businesses but often these are not recorded in an appropriate way. For clarity, the meals category includes