Invoicing plays a fundamental administrative task that every business needs to put extra interest and effort on. It is one of the many ways an enterprise can ensure a healthy
Causes of Cash Flow Problems and How to Solve Them ( Infographics )
Establishing your small business is exciting, particularly when you market the products and services you have conceptualized for many months to consumers. But as wonderful as it is to see
Top 6 Most Commonly Overlooked Tax Deductions for Canadian Small Businesses (Infographics)
Business owners in Canada can maximize various tax deductions to bring down their tax liability or even get a tax refund. Often, these write-offs require a valid reason and must
Importance of Automation in Customer Loyalty Programs – Infographics
Small businesses already use digital solutions for their operations. For example, many utilize an invoice maker app and online accounting and bookkeeping services to streamline processes and keep their finances organized. Ideally, entrepreneurs should
How to Conduct a Mid-Year Accounting Review – Infographics
The middle of the year is an ideal period to conduct a check-up on a business’s finances. Activities that transpired in the past months can provide significant data about the
Accrual Accounting vs. Cash-Basis Accounting: What is the Difference? – Infographics
Accrual accounting and cash-basis accounting are the two most commonly used accounting methods by businesses. These accounting methods comprise certain rules and procedures that companies follow when reporting their finances.
5 Ways to Better Manage Your Accounts Receivables – Infographics
Managing your accounts receivables ensures a smooth flow in your business operations. Late payments, misplaced invoices, and unsettled debts can negatively impact cash flow and impede your company’s growth. Additionally,
Small Business Bookkeeping Tips: How to Set Up and Manage Your Own Books – Infographics
Bookkeeping is an essential part of running a business. It is the process of recording and managing all financial transactions made throughout business operations. The collated data is then used
How to Prepare Your Small Business for Tax Season in Canada – Infographics
Among the responsibilities of being a small business owner is filing their annual business income tax. Although, it can be an overwhelming endeavor for some, especially worries surrounding filing mistakes
In-House vs. Outsourced Bookkeeping & Accounting Services: What’s Right for Your Business? – Infographics
Whether your business is a start-up, a small company, or a medium-sized one, you need the right bookkeeping and accounting team to manage your finances. Proper financial management is crucial