When should a Canadian small business owner stop doing their own bookkeeping?
Learn five signs a Canadian small business has outgrown DIY bookkeeping—and whether a better process, cleanup or monthly help is the right next step.
Is that software subscription worth the cost? Do this simple calculation
Is that software subscription worth the cost? Calculate its true monthly cost, value the time it saves and account for expenses hidden in the price.
What does your accountant need from your bookkeeper at year-end?
Learn what a year-end bookkeeping package should include for a Canadian small service business, including reconciled accounts, reports and GST/HST records.
Can I claim software subscriptions as business expenses in Canada?
Learn when Canadian consultants and small service businesses can claim software subscriptions, how to record them and what records to keep.
Revenue is up—so why is there less money in the bank
Learn why revenue can rise while cash falls in a Canadian small business—and how invoices, expenses, equipment, taxes and loans affect your bank balance.
What is month-end bookkeeping?
Learn what month-end bookkeeping includes, why reconciliation matters and how completed monthly books help Canadian small service businesses stay current.
How to prepare for bookkeeping onboarding
Learn how to prepare for bookkeeping onboarding, what records and access your bookkeeper may need and why you don’t have to clean up your books first.
Why keeping your books up to date can pay off
Learn why keeping your books up to date can help you understand what your business is making, manage cash flow, make better decisions and prepare for tax time.
Why your Stripe deposit doesn’t match your customer payment
Learn why your Stripe deposit may not match your customer’s payment, how to reconcile Stripe payouts and how to record the difference in your books.
How to record a cash payment from a client in Canada
Learn how to record a cash payment from a client in Canada, apply it to an invoice, track undeposited funds and avoid counting the sale twice.
How to record business expenses paid personally as a sole proprietor in Canada
Paid for a business expense with your personal funds? Learn how to record it as a Canadian sole proprietor, what documents to keep and how GST/HST may affect the entry.
How to organize small business receipts in Canada for tax time
Learn how to organize paper and digital business receipts, document missing receipts and keep your records ready for tax time in Canada.