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 for your business.
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.