Accounting and Bookkeeping Resources for Canadian Businesses and NPOs

We’ve amassed a library of information to help you along your accounting journey. Whether you work with Enkel or not, there’s a little something in here for everyone!

Tantalus Outsources AP and Keeps Team Focused on Strategic Functions

Case Study

Hear from Lucas Jenkins, CFO of Tantalus Labs, on how they used Enkel to manage their Accounts Payable function, reduce turnover in their accounting department, and leve...

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10 Basic Responsibilities of Non-Profit Boards

NPO

Non-profit boards are responsible for a broad spectrum of legal and fiduciary duties. These duties range from advancing their organization’s mission while avoidin...

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Importance of Directors and Officers Insurance for Nonprofit Boards

NPO

Directors' and Officers' liability insurance (or D&O) protects non-profit organizations (NPOs) and their boards against risks not covered by general liability insura...

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Budgeting and Forecasting for Nonprofits and Charities

Webinar

This August, we partnered with Charity Village on the 'Budgeting and Forecasting for Nonprofits and Charities' webinar to chat about how nonprofit organizations can get started with creating a sound budgeting process, followed by a Q&A session.

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How to Read a Balance Sheet for a Nonprofit

NPO

Your nonprofit organization (NPO) has a fiduciary responsibility to report the details of its financial situation to donors and funders every fiscal year-end.

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Six Key Responsibilities of the Non-Profit Finance Committee

NPO

As part of a non-profit’s board, the finance committee has a fiduciary responsibility to oversee all financial matters, ensure that budgeting and spending align with y...

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The Importance of an NPO Budget

NPO

For non-profit organizations (NPOs), financial sustainability is closely tied to effective operational management. Since this includes the timely review of financial act...

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How to Recession-Proof Your Business

Advice

With the Bank of Canada rapidly increasing interest rates to combat decades-high inflation, financial experts are forecasting a likely recession. While this could mean a...

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How to Choose the Best Payroll Service Provider for Your Business or Non-Profit

Payroll

Payroll services are convenient for small business owners to meet their payroll and tax filing obligations. Rather than struggling to run payroll on your own as you grow...

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Do’s and Don’ts After Raising Startup Capital

Bookkeeping

Knowing what to do after raising startup capital—and what not to do—can mean the difference between building a great company and running out of cash.

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QuickBooks vs. Xero: What’s the difference?

Accounting

Xero and QuickBooks Online are two of the most popular and powerful accounting software solutions for small business owners. But while both can help you manage comp...

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How to Improve the Billing and Collection Process for Your Dental Office

Bookkeeping

Most dental offices find it challenging to keep track of collection activities. If you see your accounts receivable (A/R) increasing, a poor collection process is often ...

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