The bookkeeping element is an important part of every business and works as a backbone to provide the business with firm support.
Various activities such as record keeping, preparation of financial statements, payroll and tax assessments can be daunting but must be done to have a strong, successful business.
Don’t let a GST audit ruin your day – file it right the first time!
A good bookkeeper excels in handling GST submissions. They handle all your monthly, quarterly, and annual Goods & Services Tax Return requirements with accurate numbers. Good bookkeeping prevents missing tax deadlines and ensures you take advantage of all tax credits available to you.
A good bookkeeper has extensive experience in organizing and categorizing income and expenses. She understands the broad picture but also already knows the details that are required. This is the bookkeeper’s business, what they do day-to-day. To a bookkeeper, this is not tedious, this is their passion and purpose.
When you build a relationship with a good bookkeeper, you will have a guide through your annual, financial obligations. Your bookkeeper establishes and consistently monitors this routine to ensure your deadlines are met. A good bookkeeper’s goal is helping you keep tidy books and understand your bottom line so you can focus on your business.
A good bookkeeper doesn’t just meet your tax deadlines. They also help you understand your financial standing, assisting you by translating your financial reports into your language. Understanding the data in your financial reports helps you to make well-informed, financial decisions such as: cancelling or replacing services to reduce expenses, making human resource changes based on wage expenses, identifying seasonal business patterns and making adjustments to maximize profit.
Helping you take control of your money
by handling all your bookkeeping needs!
Over the course of my 30 years of bookkeeping, I have had the pleasure of supporting several non-profit organizations. Non-profit groups face additional challenges when it comes to bookkeeping and …
Continue reading “Bookkeeping for Non-Profits”
Read MoreYou may have heard your bookkeeper talk about the Chart of Accounts. Although you may not fully understand what the Chart of Accounts is, you probably picked up on the …
Continue reading “The Chart of Accounts”
Read MoreAlthough accounting and bookkeeping is not every business owner’s favourite subject, it can be very helpful to know and understand some commonly used accounting terms.You will be able to converse …
Continue reading “Accounting Terms for Small Business Owners”
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