Top Accounts Payable Solutions for Small Businesses

Taking your business to the next level has never been easier than it is today. Accounts payable software is one of the first investments that you can make as a small business owner. The ability to streamline all business operations allows you to focus your time on growing your business rather than wasting it by manually creating invoices and other time-consuming activities. The best accounts payable solutions will allow you to create invoices, record any incoming and

By |June 18th, 2021|Categories: News|0 Comments

Financial Guidance For Physicians Within Covid Reverberations

The disruption from this pandemic has exhausted business owners emotionally and financially, even our valued physicians. Chasing income means you might have lost focus on accounting, have lost accounting staff and need to move to online accounting firm services or maybe, as a physician, you are just looking for some financial guidance. Here are some reminders of the economic help that is out there for the medical industry: Support for employers Canada Emergency Wage Subsidy (CEWS) –

By |March 9th, 2021|Categories: Physicians|0 Comments

Close Your Tax Year Like A Boss With This Checklist

The end of the year is a crazy time of year. Packing for holidays, school holidays, family visiting, gift shopping, AND closing off your financial tax year! When closing off any finance phase, be it a project or a business year, it is the time that you take the strategic information and plan for the year ahead. Another priority item on your to-do list! We prepared this checklist to help with efficiency and speed! Financial Audit This

By |January 30th, 2021|Categories: News|0 Comments

Tips To Help You Through A Business Shut Down Due To COVID

Shutting your business down is a painful process, COVID or no COVID. It is hard to care enough to follow procedures at times like this, but it is important to do these ten steps so that there are not long-term, lingering implications affecting you.  Step 1 You must collect your receivables before Debtors hear of the business closure. If Debtors are in financial constraints, get legal payment plans contracted with them specific to the current debt. Step

By |December 23rd, 2020|Categories: News|0 Comments

Do You Qualify For CERB If Self Employed?

Most countries, besides the USA and a few others, think they have done the right thing in their approach to COVID-19, medically and economically. Canada is one of the countries that can pat themselves on the back for their pandemic approach. There was a swift response, lots of informative communication, an early lockdown. Health officials were listened to and just, generally, a more cautious response. Even the financial impact was quickly looked at and CERB was launched,

By |November 25th, 2020|Categories: News|0 Comments

Transitioning to New Benefits from CERB

Coronavirus has caused so many problems for business owners and individuals across the world, and Canada is no exception to this. Of course, this is something that has had extreme financial repercussions for the future of companies. Luckily, the government has stepped in to provide aid to Canadian businesses and entrepreneurs who need relief to combat the effects of COVID-19. Canada Emergency Response Benefit (CERB) has now closed for applications, but it is still going to

By |November 24th, 2020|Categories: Tax|Tags: |0 Comments

How to Protect Your Files – 5 Easy Tips for Small Businesses

Security has never been a bigger priority for businesses these days, especially with how digital the entire world seems to have gone now. Make sure you focus on doing your best to come up with ideas that are going to help you protect your data and files as a small business accounting. Cybercrime has created many additional headaches for modern businesses, and this is something you need to try to get around. There are a lot

By |November 24th, 2020|Categories: Technology|Tags: |0 Comments

Home Office Expenses & How to Claim Them Back

Due to the coronavirus pandemic, more people than ever are working from home. And a lot of people are running their own businesses or freelancing from the comfort of home. If you are self-employed, it can often be a challenge to get a handle on your finances in a professional capacity, and this is something you need to try to make the most of. Statistics suggest close to 3 million Canadians are self-employed, and this number

By |November 24th, 2020|Categories: Tax|Tags: |0 Comments

Changes in T4 Requirements for Employers in 2020

COVID-19 continues to cause chaos across the world, but it is also clear that businesses are going to have to evolve and grow in order to stay ahead of the curve. There are a lot of things that play a part in helping your business improve and grow, and this is something you need to think about. There are plenty of new rules in place that your business will need to adhere to, and this is

By |November 24th, 2020|Categories: News, Tax|Tags: , |0 Comments

Environmental Benefits of Working Remotely

Coronavirus has changed the world in a lot of ways, and it has had a profound impact on small business accounting and the way we choose to do it. One of the key things to come out of this pandemic is just how many of us have adapted to remote working, and how this has been unexpectedly beneficial for a lot of people. Two-thirds of Canadians who work from home are expecting to do so after

By |November 24th, 2020|Categories: Business Tips|Tags: |0 Comments

How to read your numbers – a quick guide to understanding your financial statements

Running a business can be a complicated and time-consuming process, and there are a lot of factors that you need to consider if you want to make the most of this. Try to come up with some of the best ways of being able to improve your business, and the best way of achieving this is to work on understanding and reading your financial statements. Business owners are going to need to work on doing as

By |October 15th, 2020|Categories: Accounting|0 Comments

Things to Consider for your Business after Lockdown

Lockdown has been a tough time for business owners everywhere, and we understand that it has required you to make some business changes. There are so many things that you need to keep in mind, and the world has changed in so many ways, many of which we’re still having to acclimate to. These are some of the key considerations you need to make when it comes to improving your business and helping it thrive in

By |October 15th, 2020|Categories: Business Tips|0 Comments

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