QuickBooks Online
How to use Undeposited Funds in QuickBooks Online
Follow customer payments from invoice to bank deposit, match the bank feed, and understand what an unexplained balance is telling you.
Read the articlePractical Canadian accounting and tax, one question at a time.
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QuickBooks Online
Follow customer payments from invoice to bank deposit, match the bank feed, and understand what an unexplained balance is telling you.
Read the articleBookkeeping
Thinking about starting a business? You might be surprised to learn that one of the best times to hire an accountant is before you even open your doors.
Read the articleBusiness Expenses
Did you know that a VR headset, such as a Meta Quest or Oculus Rift, could potentially qualify as a business tax deduction? While most people associate virtual reality with gaming and entertainment, these devices are increasingly being used for legitimate business purposes.
Read the articleCRA & Filing
Few things make business owners more nervous than receiving a letter from the tax authorities. Your first thought might be, "What did I do wrong?" But here's something many business owners don't realize: being selected for a tax audit doesn't necessarily mean you've done anything wrong.
Read the articleBusiness Expenses
Did you know that golfing could potentially qualify as a business expense? Many business owners believe that taking a client golfing automatically makes the expense tax deductible. However, the rules are often much more restrictive than you might expect.
Read the articleBusiness Expenses
You might be surprised to learn that a wedding gift could potentially qualify as a business expense. But before you purchase that expensive gift and charge it to your business, there are a few important things you should know.
Read the articleLearn the work behind the books.