Good bookkeeping will give you accurate insight into how your business is performing by helping you track how money comes in and how money goes out. Understanding this information will help you spot trends so you can make informed business decisions to safeguard your business’s future.
Besides keeping you informed, it’s also important to note that you have a legal obligation to keep accurate transaction records to support income and expense claims when filing taxes with the Canada Revenue Agency (CRA).
That’s why we’ve created this guide – not just to help you track your day-to-day finances, but to help you get organized and ensure the success of your Canadian business.
Get your free guide now.
Here's what's included in your 46-page Ultimate Guide to Bookkeeping for Canadian Business:
- What makes for good bookkeeping
- The difference between bookkeeping and accounting
- Bookkeeping and record keeping best practices
- How to choose the best bookkeeping and accounting systems for your business
- Cash accounting vs. accrual accounting
- How to create a chart of accounts
- The three financial statements you need to understand
- Bookkeeping service delivery options
- A glossary of important bookkeeping terms you need to know
- ...and more!