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No matter how great of a bookkeeper or accountant you are, or how many courses you have taken, you are bound to run into reconciliation problems that you just can't figure out. They will drive you crazy - especially the ones for a mere 0.01 penny 😣 This month we are going to talk about #Reconciling and when it just won't balance. When you get stuck in the muck and have been working on the same problem like a hamster running the wheel in its cage, it's time to take a moment a

This month we are talking about #MessyBooks and what to do about them. To get back on track, it is necessary to identify that you can no longer procrastinate. The time is now and you need to take action. First things first, get organized. 1. Organize Whatever your current method is, organize it. Paper receipts, digital copies, emailed statements ... get it all together first. Separate out the accounting documents from everything else. If you are buried under a pile of paper,

If your finances are behind and you need to get caught up, don't fret! We are here to help 😊 This month we are going to talk about #MessyBooks and what to do about them. At this stage when you have identified you are behind and are addressing the solution by taking proactive measures, you are well on the way to getting back on track. The following simple steps we will discuss in detail this month: Organize Gather Missing Documents Enter what you currently have Create a workf

It's on everyone's mind right now with the changes in employment and inflation on the rise. How do I keep my profit margin increasing when money is tight and costs are on the rise? We've got 3 Top Tips for Increasing Your Profits. 1. Drop Low Volume Customers You should look very critically at customers that are low profit or low volume. Explore ways of improving the profit margins you make with these customers by changing the prices they pay, increasing their volume or placi

Last month we posted some tips on GST, and since it is such a popular topic, we thought it was time to start a new series - Hot Topics! We are going to build off last month's post and continue along with #GST this month. Let's jump right in! The first piece of the elusive GST puzzle is to register for a GST number. This is the easiest step in the process and the results will be two-fold. You will have a Business Number (if you didn't already), plus your GST number. At the sa

Last week on September 13th, 2021, Intuit announced its deal to purchase Mailchimp for a whopping $12 billion! Intuit is more popularly known interchangeably with #Quickbooks and #TurboTax and not for email marketing, so an interesting move for sure. The question on all of our minds is "What?" and "Why?" Per a release, “Together, Mailchimp and QuickBooks will become a powerful engine for small and mid-market business customers to get, engage and retain their customers, run th