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Amanda

Financial Clarity Starts with Clean Books: Why February Is the Month to Get Organized

January is full of intention. New goals. New plans. Fresh energy. By February, reality sets in, but is actually a good thing. February is the bridge between New Year ambition and tax season accountability. The connection between your business finances and financial clarity starts with clean books. February Is Where Momentum Is Built In January, many business owners set revenue goals, growth targets, and operational plans. But those goals rely

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Business
Amanda

From Bookkeeping Reset to Tax Season Ready: Why January Makes All the Difference

If tax season feels stressful every year, the problem often starts months earlier. January is one of the most overlooked opportunities for small businesses to get ahead financially, and can be the foundation for how smoothly your business will operate in the months ahead. For many small businesses, tax season stress doesn’t come from the taxes themselves, but from disorganized books leading up to them. That’s why a January bookkeeping

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Business
Amanda

NEW YEAR / CLEAR BOOKS – The Bookkeeping Reset Every Business Needs

The start of a new year is more than a clean calendar. Think of it as an opportunity to reset how your business operates. January is the ideal time to review, organize, and strengthen your bookkeeping so the rest of the year runs smoother. A small amount of attention now can prevent costly issues later and give you clearer insight into your business from day one. 1. Why January Is

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Business
Amanda

How Permissions and Approval Processes in QuickBooks Online Advanced Simplify Accounts Receivable 

In any business, strong accounts receivable (AR) management is key to maintaining healthy cash flow. One of the best ways to improve AR efficiency is by putting clear approval workflows and access controls in place. QuickBooks Online Advanced helps you do this with customizable permissions and approval tools. Here’s how these features strengthen your AR process.

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Exploring the full potential
Amanda

5 Steps for Tackling Accounts Receivable That Has Gotten Out of Control ✅

Managing your accounts receivable is essential, but sometimes things get out of control. Whether it’s miscommunication, financial struggles from clients, or simply a lack of follow-up, it’s important to take a structured and professional approach to handle this situation. Here are 5 top tips to help manage the situation.

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Finance
Amanda

What is a Virtual Bookkeeper?

A virtual bookkeeper provides bookkeeping services to clients online versus in person or by coming to your office. Unlike the traditional in-house bookkeeper who works full-time (or part-time) for one or more companies at their place of business, a virtual bookkeeper operates remotely and interacts with clients through e-mail, telephone, chat channels, or any other online means of communication. Virtual Bookkeeper Advantages There are several key reasons why a business

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Finance
Amanda

Outsourcing vs. In-House: Which is Best for Your Bookkeeping Needs?

When managing your business’s finances, one key decision you’ll face is whether to handle bookkeeping in-house or outsource it to a professional service. Both options have their benefits, but in this blog post, we’ll focus on why outsourcing might be the perfect solution for your business’s bookkeeping needs.    What is Bookkeeping?  Before diving into the options, let’s clarify what bookkeeping involves. Bookkeeping is the process of recording all financial

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trust reconciliation
Finance
Amanda

The Ultimate Guide to Timely Trust Reconciliations for Notaries: Accounting & Bookkeeping for Trust Accounts in Canada

As a notary, you play a vital role in facilitating important financial transactions and ensuring the security of your clients’ funds. Trust accounts are a critical tool in your notarial practice, as they provide a safe and secure way to manage client funds. However, managing trust accounts is not just about opening an account and depositing funds. To ensure that your trust accounts are functioning properly, it is essential to

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In the News
Amanda

More money in my bank? Bill C-30 enhances the GST Credit.

Did you wake up to more money in your bank this morning and aren’t sure why? On October 18th Chrystia Freeland sponsored bill C-30 which enhances the GST Credit. The bill amends the income tax act to double the GST Credit for 6 months (an annual increase of 50%). Just like your existing GST credit this money is non-taxable and intended to provide Canadians with less mean additional funds to

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