Guide to Canada Sales Tax
Accounting
Charging the correct Canada sales tax for the goods or services you sell is one of your biggest responsibilities as a small business owner. Because tax legislation ...
The Back Office Blog
Looking to learn more about all things bookkeeping and accounting? Have a browse through our blog.
IRAP Funding: What You Need to Know
Accounting
Regardless of the economic climate in Canada, starting a new business is always a challenge. Thankfully, there is some recourse available for companies that are ready to...
What is a Cash Flow Statement?
Accounting
Quick Summary
We look at the basics of cash flow statements for small businesses and not-for-profit organizations. We explain why cash flow statements are important f...
3 Common Types of Legal Structure for Businesses
Accounting
Determining your legal structure is an essential first step before you register a new business. The structure you choose will impact everything from how you pay tax...
Why You Should Have Separate Bookkeepers and Year-End Accountants
Bookkeeping
Every business needs a clean, accurate set of books that are (ideally) updated monthly. To achieve that objective, you can either hire a professional bookkeeper or ...
Top Accounting Tools for Amazon Sellers
Technology
Recently, we were confronted with a unique issue. An eCommerce client who sells on Amazon came to us and wanted to stay with Quickbooks Desktop. Typically during the onb...
SR&ED 101: What You Should Know
Accounting
Did you know that the Scientific Research and Experimental Development (SR&ED) tax credit is available to Canadian businesses of all sizes and in all sectors?
3 Financial Questions Every New Entrepreneurs Asks
Accounting
Starting a new business is exciting, but it also involves facing new and unexpected challenges, staying awake at night, and wondering where all the hours in the day went...
5 Small Business Financing Options in Canada
Accounting
Whether your small business is just starting up or is fully operational, there are many reasons why it could require external financing. You might, for example, be looki...
How to Prepare a Budget for a Grant Proposal in Three Steps
Accounting
In Canada, many grants and funding opportunities are open to nonprofit organizations and growing businesses. Some are specifically designed to support hiring or skills t...
Four Accounting Tips to Run a Profitable Consulting Business
Accounting
When it comes to running a profitable consulting business, it makes no difference whether you head a marketing agency, management consultancy, or architectural firm. Pro...
9 Government Grants Every Tech Entrepreneur Should Know About
Accounting
With funding crucial to business growth, many startups, SaaS companies, and tech consulting firms turn to venture capitalists for financial backing. However, suppos...