Back to the blog

Accounting

Xero Vs. QuickBooks Online: Which Is Better For Your Canadian Business

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.

Paul Sharpe, CPA, CA
/
Nov 13, 2018

Understanding Medical Expense Claims Will Save You Time

I began to enter all of the amounts into a spreadsheet to calculate the total and enter the amount into their tax return. An hour later, I came up with a total of just over $300 which I knew was not even close to enough to claim. That hour was not particularly well spent.

Paul Sharpe, CPA, CA
/
Mar 22, 2018

Accounting Reports Every Small Business Owner Should Get

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.

Joe Collins, CPA, CA
/
May 16, 2019

Small Business Accounting Guide: When to Hire an Accountant

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.

Paul Sharpe, CPA, CA
/
Feb 20, 2019

What Accounting System Should I Use?

Learn about some different system solutions to keep track of your bookkeeping and accounting.

Joe Collins, CPA, CA
/
Oct 29, 2018

Year End Accounting Checklist: 7 Steps to Get Your Books Ready for End of Year

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!

Paul Sharpe, CPA, CA
/
Jan 11, 2019

Online Accountants In Canada: Who Are They and How Are They Different?

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.

Paul Sharpe, CPA, CA
/
Mar 18, 2019

Can You File My Personal Tax Return?

We are asked a lot to file tax returns for self-employed people (contractors, solopreneurs, etc.). While we definitely do this, I like to make sure you know what you would be paying us for.

Paul Sharpe, CPA, CA
/
May 7, 2018

Gaining Real Momentum

Like a dagger to the heart of procrastination, you’ll be asked that very question when you have Momentum installed on your Chrome or Firefox browser.But for Levi Bucsis, the founder of this personalized productivity dashboard, it was a reminder that his own focus was all over the place - especially when it came to bookkeeping.He simply didn’t enjoy it. In fact, he wasn’t all that sure if he was doing it right, and he desperately wanted to hand it off to someone who did, so he could focus on the parts of his business he enjoyed.

Joe Collins, CPA, CA
/
Jan 24, 2019

How to Easily File Your Tax Return for Free

Let’s try and eliminate those excuses so that you can prepare and file your own personal tax return easily, accurately, and inexpensively. This post will walk you through that process, so collect your tax documents and let’s get to it!

Paul Sharpe, CPA, CA
/
Mar 12, 2018