Why Do You Need A Bookkeeper? Whether you’re an established business or just starting up, you most likely have an endless to-do list. As a result, bookkeeping is probably the last thing on your mind. It’s common for small business owners to neglect their bookkeeping function until tax time rolls around, but is this really …
The Importance of Bookkeeping and the Danger of Not Doing It Read More »
Why Do You Need A Bookkeeper? If you’re a first-time entrepreneur, there are probably a few questions that keep you up at night: “Do investors expect me to wear a tie to meetings?”, “Are standing desks really worth it?”, and “Will anyone mind if I take a client call in this Chipotle?”. While knowing whether …
All businesses in Canada have to be registered with Canada Revenue Agency (CRA), including self employed, partnerships and corporation. Once registered, these entities will receive a business number, which they can then use to access their CRA My Business Account. The following article will discuss more on the importance of CRA My Business Account …
With the right kind of professional advice, there are many ways in which small businesses and business owners in general can cut costs and save money. A business expense can be an astute way to reduce a company’s costs especially when paying taxes. With over twenty major business expenses to consider for write-offs, the task …
An organization’s solvency and liquidity are often the driving factors in decision making across all functions, and the most efficient way to support these decisions is to maintain accurate and strong bookkeeping. Keeping an easily accessible running report of your business’s finances will help optimize your strategy planning and your evaluation of key business decisions …
7 Benefits of Strong Bookkeeping in Your Small Business Read More »
Are you currently using Xero for your accounting? Do you need to add an Accountant like AgileCPA to your Xero Account? Follow the instructions in the guide!
We’d like to share with you a few tips to help you understand what can be claimed under business expenses.
Filing your GST/HST can be more time-consuming and complicated than filing your income tax. It’s important to know the requirements to stay compliant with CRA.