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Featuring tips and information to support you and your small business.QuickBooks Business Network
The new QuickBooks Business Network connects you with your customers and suppliers. This helps to keep contact information up to date and allows you to send invoices directly to your customer’s QBO account and to receive bills from your suppliers directly to your QBO...
Understanding Taxable Benefits in Canada
Taxable benefits affect employees and employers, which is why it's important to understand how taxable benefits work. In this blog post, we will explore what taxable benefits are, how they are calculated, and their implications for both employees and employers. What...
Gas Saving Tips
Summer is here, and that means car trips to the cottage, camping, staycations, day trips, and more. Gas prices have increased significantly with no end in sight. But don’t feel defeated, there are ways to help save on gas. Here's our gas saving tips list, in no...
Insurance Savings for Post-Secondary Students
All the years of saving for your child’s RESP has finally paid off. Your child is moving on to post-secondary education! Whether your child is moving away from home to live closer to campus or have chosen to stay home and commute, there are opportunities for insurance...
5 Tips to Boost Your Credit Score
Maintaining a good credit score is essential for financial stability and freedom. A credit score is a numerical representation of a person's creditworthiness and reflects their ability to pay back loans and credit card debt. A good credit score can lead to lower...
Time to Make RESP Withdrawal
Just like that in the blink of an eye your baby has graduated high school and soon will embark in their next life stage. Having contributed to their RESP over the years (Subscriber), you are now looking to withdraw funds to pay for their post-secondary education...
CRA Review and CRA Audit – What’s the Difference?
When it comes to dealing with the Canada Revenue Agency (CRA), taxpayers often find themselves navigating through a maze of complex terminology. Two commonly misunderstood terms are "review" and "audit." CRA Review A CRA review is an assessment carried out by the...
How to Send Automatic Invoice Reminders in QBO
Everyone loves to get paid but no one likes having to chase clients to pay up. This is where a simple one-time setup in QBO to allow for automatic invoice reminders will be a real time save. First, you need to turn on the automatic invoice reminder feature (steps 1-4)...
Safeguard Yourself When ID is Lost or Stolen
There is a lot of information available about protecting yourself from identity theft. However, if you ever have had your identity stolen, there is unfortunately not enough support and resources available. With technology and artificial intelligence growing leaps...
10 Essential Accounting Terms Every Small Business Owner Should Know
As a small business owner, it's important to have a basic understanding of accounting terms and concepts. Knowing these terms can help you make informed decisions and better understand your business's financial performance. Here are some of the most common accounting...