Xero or QBO? If your small business is looking for full-featured, cloud-based accounting software, there is a good chance that you will be choosing between Xero and QuickBooks Online (QBO). This article will provide a high-level comparison of the two options.
These are the accounting reports every business owner should be receiving to successfully manage their business. We outline what they are, how frequently you should be receiving them, what they mean and what decision they can help with.
When to hire an accountant for your small business. There are a lot of challenges running a small business; we get it, we’re small business owners too. This article will explain how hiring an accountant can help throughout the life-cycle of your business.
Learn about some different system solutions to keep track of your bookkeeping and accounting.
Getting your bookkeeping ready to send to the year-end accountant can be daunting. Luckily we’ve put together an easy to follow checklist that you can follow to get your books ready for the year end. Your accountant will be thrilled!
How much do bookkeepers and accountants charge for their services? As usual, the answer is it depends, but this article will provide information on the traditional hourly billing method as well as how we price our services here at Avalon.
This guide will explain how online accountants are different from traditional, bricks and mortar accounting firms. It will also list and compare some of the well known online accounting firms in Canada.
If you’ve made it to this page, I’m sure many of you are often wondering…"What is a Chart of Accounts?" and "What do the account numbers even mean?" Well fret not, because today is your lucky day! Let me be your guide in this mysterious land.
Coming soon (December 2021), your Notice to Reader financial statements will undergo some pretty significant changes. This article will explain those changes and what it means to you as a business owner.
If your accountant is invested in your success, and by your side for the whole business journey, you should never get a surprise bill you didn’t see coming. Here's how to avoid unexpected bills from your current, or future accountant.