Happy Entrepreneur

Frequently Asked Questions

We have compiled a broad list of common bookkeeping and accounting questions posed to us over the years.

We hope these answers will help you make knowledge-based decisions.

If you have more questions you need answers to, please feel free to ask!

I'm confused about GST.  What do I need to do?

Once you have registered for a GST number with CRA and know what your assigned reporting schedule will be, we recommend utilizing cloud based accounting software such as Quickbooks to record your monthly sales & expenses transactions. Run your reports per the schedule and file through your MyCRA Business Account or GST Netfile.

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