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More Blog Posts
How to Save on Back-to-School Shopping
It’s that time of year to start thinking about back-to-school shopping. And with inflation at an all-time high, one may require several strategies to stay on budget. Here are some money saving tips to consider before you hit the stores. Cashback programs Sure,...
Niina’s Top 10 Personal Finance & Business Books
If you're looking for a good book where you can actually walk away with takeaways, then I've got a terrific list of personal finance and business books for you. I've read each of the books on my list, so I can personally attest to each of my recommendations. Happy...
Invoicing Tips That’ll Get You Paid Faster
Business owners have a love-hate relationship with doing paperwork. But in order to get paid, you need to create an invoice. And if you want to get paid in a timely manner, it’s important to prepare an accurate and easy to read invoice for your client. Be sure to keep...
Adding and Removing Representatives to your CRA Account
It’s important to know who has access to your CRA account. For example, if you’ve had your taxes filed by a tax professional in previous years, you may have added them as a representative at the time of your tax preparation so that they could make inquiries with the...
Get Paid Faster with QuickBooks Payments
The easier you make it for clients to pay, the quicker you’ll receive that payment. QuickBooks Payments adds a “pay now” button so your client can pay directly from their invoice. Clients can pay via credit card (Visa, Mastercard, Discover) or Apple Pay....
How to Set Up Recurring Invoices
If a client’s invoice is always the same amount every month/week/year, you can set up recurring invoices that will automatically be sent to your client. This will save you a lot of time so you don’t have to recreate the same invoice each time. If you have...
10 Reasons to File Your Tax Return On Time
The simplest way to ensure you keep receiving government benefits is to file your tax return on time. Even if you don’t have a tax balance owing, it is always advantageous to file a tax return. Filing a tax return is the first step to applying for various...
2022 Federal Budget
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Sales Invoice vs Sales Receipts in QuickBooks Online
For each sale you make either a sales invoice or sales receipt should be created. A sales invoice or sales receipt tracks your income and HST so this is vital information that affects your financial statements. You do not need to create both, it's one or the other. ...
Common-Law and Filing Your Taxes
Taxpayers in a common-law relationship should be aware of how their relationship status affects their income tax filing. To begin, let’s review the definition of living common-law according to the CRA: This person has been living with you in a conjugal relationship...
