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Calculator during tax season

Can Bookkeepers Do Tax Returns?

March 9, 2022 2:51 pm

Some bookkeepers are adept at understanding tax returns and introducing tax savings into your business accounts system. Although many bookkeepers provide only bookkeeping services, some offer valuable tax preparation and limited accounting as well.    Many of us bookkeepers have a passion for order, organization, government filings, and tax returns,... View Article

Inner workings of a robot head's

What a Bookkeeper Can Do For Your Small Business

November 29, 2021 6:59 pm

Some of us are innately organized business owners who also love sticky notes and filing. But, as our business grows, it is difficult to keep track of finances on our own. If we find the right bookkeeper, they are not a full-time employee, instead, they are in the background of... View Article

Bookkeeping is not Quite Rocket Science

Can I do my Own Bookkeeping?

November 5, 2021 6:08 pm

Like all professional trades, bookkeeping services have degrees of knowledge and service that set some ahead of others. And yet, it isn’t rocket science. So you can learn bookkeeping, in a general way on your own, if you have the time available and you’ve prioritized having this control.    This... View Article

How to Increase Your Accounting Firm Profits by Thinking Like Tom Sawyer

May 6, 2021 2:06 pm

Outsourcing your accounting firm bookkeeping needs is an efficient and money making decision. Professional bookkeepers are the best freelancers for the job. ‘Some tasks are better left to the people with honed skillsets’ was not likely said by Mark Twain’s Tom Sawyer about his eager friends before he outsourced the... View Article

The 3 Biggest Benefits of Working with a Bookkeeper

January 26, 2021 2:44 pm

Depending on your business’s current state, it could make sense to hire a bookkeeper for part-time help.   If you need more organized financials but don’t have enough time, the benefits of working with a bookkeeper far outweigh the costs.   There are several benefits of working with a professional... View Article

What’s the Difference Between a Bookkeeper and an Accountant?

December 15, 2020 3:44 pm

Both bookkeepers and accountants are critical for handling the financial side of businesses. Although they share common goals, they support your business in different stages of the financial cycle.   Most people don’t know the key differences between a bookkeeper and an accountant. This article will educate you on the... View Article

3 Signs You Need to Hire a Bookkeeper

November 19, 2020 8:07 pm

  As business owners, we wear many hats. Some of these hats include operations manager, project manager, social media planner, and sales manager. As you know, they can be difficult to juggle at times. One of the most essential but heavy hats to wear is the bookkeeping hat. It would... View Article

The Impact of CEBA and CEWS for Canadian Businesses

October 29, 2020 2:45 pm

The spread of Covid-19 has inflicted considerable damage on our economy over the past several months. Both individuals and businesses are being impacted by decreased revenue, employee layoffs, and a large amount of uncertainty. We have all been personally affected in one way or another.   The Canadian Government quickly... View Article

Common Bookkeeping Mistakes

October 22, 2020 11:02 am

  Bookkeeping is an essential part of any business. Without it, there is no way of adequately implementing strategy, and hardly a chance to survive. Yet it is also a dreaded part for most business owners. On top of managing their business logistics, bookkeeping requires perfect precision, organization, and hours... View Article

The 8 Step Accounting Cycle – A Definitive Guide

August 24, 2020 7:17 pm

    The accounting cycle is the summary of bookkeeping duties that transform raw financial transactions into proper financial statements. It is marked by eight processes that a bookkeeper goes through to make sure every transaction is documented. The goal of the accounting cycle is to create a balance sheet,... View Article