Jun 10, 2022 | Income Tax, Personal Finance
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...
Apr 30, 2022 | Bookkeeping, Productivity Tools, Quickbooks Online, Small Business
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...
Feb 11, 2022 | Bookkeeping, Financial Reports, Small Business
A balance sheet summarizes a company’s assets, liabilities and equity at a specific point in time. Think of it as a snapshot of what your business is worth on a specific date. A balance sheet is organized into 3 main sections: Assets (what your business...
Feb 4, 2022 | Bookkeeping, Personal Finance, Small Business
As a business owner, it’s important to keep your personal and business banking transactions separate. There are numerous reasons why business owners should open a business bank account: Accounting & Bookkeeping Your monthly bookkeeping will be easier to...
Jan 4, 2022 | Personal Finance, Small Business
Updated January 18, 2022 The COVID-19 pandemic continues to blanket the world as we start 2022. Here are the latest government financial support programs available for Ontario businesses and Canadian individuals and businesses. For Businesses Ontario business...
