Category Archives: bookkeeping

Best ways for contractors to track payroll of subcontractors

So now you’ve got the big job and it’s time to get things done. But…the job is too big for your firm or maybe involves a sub-trade that is not your specialty. It’s time to assemble your dream team of partners to help get the job done. You’ve got sub contractors! What’s the best way

FAQs – Our Ten Most Frequently Asked questions

questions and answers

We understand some topics may seem more complex than others when talking about our business. Find here the answers to our most frequently asked questions.

How long is it going to take?

Services can be done quickly if all back up documents are submitted and organized and submitted well before your deadlines.  It’s human nature

How Do I Save Money for Taxes?

save money for taxes

You may wonder, how do successful businesses like yours save money for taxes? Your business is off to a great year and you know you’re going to owe some taxes at year-end. Now is the time to consider putting some money away to pay your tax obligations.

Different methods to save for taxes

First thing …

Lease vs. Buy – What’s the best option for my business?

Lease vs. Buy

Considering whether to purchase or lease a new piece of equipment? What’s right for your business? There’s more to consider than the monthly costs alone. You need to look at your expectations, service life and the total cost of ownership to determine the best for your business.

How does a lease work vs. buying

Leasing

What’s the difference? Bookkeeper vs. Accountant

bookkeeper vs accountant

You know you need help with the financials but can you get by with only one or the other? When is the right time to bring on a bookkeeper vs accountant?

What does a bookkeeper do?

Bookkeepers can be thought of as your tactical support team.   On a day-to-day basis they help your business settle

What Bookkeeping Service is Right for Me?

bookkeeping service - three people lookin

You’ve decided you need a bookkeeping service to help keep your books in order and are in the process of deciding what sort of tasks you need them to do. Let’s have a look at what some different tiers of bookkeeping look like…

Annual Bookkeeping Service

If your business has no employees and simple accounts,

How can I improve my cash flow?

Cash is the number one limiter of growth for most businesses.        The bigger you grow the more cash your business needs to buy inventory, pay staff, develop intellectual property and provide credit terms to your customers.      A cash flow crunch can force a profitable company to halt its growth or even become insolvent.    A few …

QuickBooks Desktop vs. QuickBooks Online: Which is right?

quickbooks desktop vs quickbooks online

So, you’re thinking about using QuickBooks as your accounting system but are confused whether to go Quick Online QBO and QuickBooks Desktop QBD. You may want to consider the following questions when deciding Quickbooks Desktop vs. Quickbooks online.

Who: Who is going to be doing your books? Are you going to do them yourself or …

How do I run a Payroll for my business?

How to Run a Payroll

How to Run a Payroll – from paper & pen to automated payrolls

Congratulations on hiring your first or your fiftieth employee!  You must learn how to run payroll that complies with government regulation. As you may already know, the Canada Revenue & Agency and Service Canada requires you to calculate and withhold the Canada …

How can I save money on my bookkeeping bill?

Bookkeeping is the process of recording the transactions ie. the ins and outs of your business. Great books – those that are accurate and complete bookkeeping provide better decision making for your business. The vast majority of your bookkeeping bill comes from Volume, Complexity and Errors all of which can be reduced to save money …