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.
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.
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.