When You Can See the Numbers, You Have Control
A guest post from Linda Daley, a happy client… For a few years, I struggled with keeping up with my small business bookkeeping and accounting. It’s a mess I got myself into very easily and … Read more
One Big Reason to Ensure Your Financials are Up To Date
Many business owners have told me about their challenges with keeping up with their bookkeeping, about constantly being “behind”. No matter if you are a sole proprietor or own a corporation, if you don’t have … Read more
How Do You Know When To Borrow Money For Your Business?
Following your business plan helps you make decisions about borrowing. You know, that document you created when you first started your business? You never did one, you say? I don’t know how many times I … Read more
15 Tips to Make Your Bookkeeping Paperwork Easier To Manage
Whether you do some, all or none of your own bookkeeping tasks, accuracy depends on maintaining detailed records. Misfiled and lost transaction records can cost you money because (a) legitimate expenses incurred may not be … Read more
More Money In Your Pocket And Better Decisions
As sole proprietors, we tend to mix business and personal expenses together on the same accounts, bank or credit card. I cannot stress how important it is to keep them separate! Open a bank account, take … Read more
Bookkeepers and Accountants Are Not the Same
Your successful small business needs both a bookkeeper and an accountant. And there’s a reason why they won’t be the same person. While some skilled bookkeepers and accountants may, in fact, be capable of doing … Read more
Beyond Data Entry
It’s good you’ve invested in having someone (an employee or a contractor) dedicated to doing your routine entry of invoices and vendor payments. You’re too important to your business to do that stuff yourself. Now … Read more
Should I Buy or Lease My Next Vehicle?
As a business owner, I have debated this question many times over the years. I have both leased and purchased, and I like to get a new vehicle every 3 or 4 years… whether I … Read more
Does Your Bookkeeper Provide these Essential Services to You?
Whether you choose to work with us or to go elsewhere, these are qualities to look for when seeking a bookkeeper. (Of course, we’d rather you work with us!) Communication A good bookkeeper keeps you … Read more
Don’t Mix Business with Personal
Here are 3 reasons why keeping your personal and business finances separate will also help keep you and your business healthy. Finding, tracking, posting, filing, and reconciling your bank, credit card, and PayPal accounts – … Read more
Meals vs. Food as Business Expenses
When you’re just getting started in business, you may not know how the CRA feels about meal expenses. Here’s an excerpt from the CRA’s website under business expenses: The maximum amount you can claim for … Read more
5 Resolutions for Your Bookkeeping New Year
We all make promises to ourselves that in the New Year we will do things better. Here are 5 worthwhile activities that will make your accounting processes easier for yourself and your bookkeeper. These are … Read more