Accounting

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COVID-19: Canada Emergency Business Account Update

Here’s an update for our fellow Canadians; Bill Morneau, Finance Minister, announced on Twitter that the expanded Canada Emergency Business Account (CEBA) applications are available through the large banks in Canada. What Is CEBA? It was on April 9 of this year that the government released the news that the Canada Emergency Business Account

2020-09-08T05:45:37+00:00July 21st, 2020|Accounting, Tax|

Benefits of Outsourcing Your Bookkeeping

Whether you’re a farmer in Manitoba, a chair manufacturer in Ontario or own a tutoring company in Quebec, once your business starts to gain momentum your company must find an effective way to manage its books. Some businesses hire an in-house accountant while others, usually new businesses or small to medium sized businesses, find

2020-07-15T11:45:12+00:00April 9th, 2020|Accounting, Bookkeeping|

Difference between an accountant and a bookkeeper

The vast amount of people don’t understand the difference between a bookkeeper and an accountant. However there are very important distinctions between the two and how they affect your personal and/or business decisions. Bookkeepers handle the daily financial records of a small business. They keep the books and monitor every transaction going in and

2020-09-10T05:35:56+00:00April 9th, 2020|Accounting, Bookkeeping|

The 2020 Online Accountant

What is an online accountant? Are they different from traditional accountants? Do they offer different services? Do they cost more? Do you need to be a computer expert to understand one? Simply put, online accountants embrace today’s technological world thereby making accounting services more convenient and available for their clients. At the same time

2020-07-15T13:02:42+00:00April 3rd, 2020|Accounting, Bookkeeping|