When we encounter a challenging situation, the perspective we take will plot the road ahead for us. Crisis takes with it the negative connotation that something bad happened, while opportunity takes the connotation that there is something positive ahead. In recently encountering a challenging situation, my first response was conflict and crisis. That the experience was negative, the outcome was going to be unsatisfactory and it was filled with unwanted drama. Upon taking some

I thought it would be fitting today to share a little bit of inspiration, especially for those that need some extra support today. #bigrose #bookkeeping #perseverance #entrepreneur

#Quickbooks is great! We all love it and the features it offers to keep our books straight. It's an intuitive program as well and tries to outsmart itself, confusing us in the process! When you alter the invoicing number sequence in Quickbooks, it gets confused. Sometimes it tries to put the same invoice number in twice, and sometimes it tries to pick a number that was missed in an old sequence that you don't use anymore. But therein is the issue --especially for contractors

Companies that generate more than 50% of their business income from construction activities are required by the CRA to file T5018 slips. The slips need to be filed within six months after the fiscal year end. How do you generate and file? It is really simple if you are using cloud accounting software. In similar manner to T4's, your accounting software can also create and submit T5018's. The problem? During the course of the business year, subcontractors come and go and if yo

I highly recommend small business owners take the time (a quick 10 minutes) to watch this summary of the 2021 Canadian Federal Budget. Click here. It's succinct and highlights all the important points. Thanks #Wagepoint for putting this out! #bigrose #bookkeeping #SMB #budget #CEWS #CERS

Just recently, Quickbooks has acquired the company OneSaas. I know! What??!! It hasn't been advertised en masse and we just heard about it today from our amazing Account Manager that keeps us in-the-loop. What this means for all you Quickbooks users in ecommerce? It means free (Yes FREE) integrations with your existing QBO file and OneSaas. For all the juicy details, here is a link to check out: https://www.onesaas.com/ #bigrose #bookkeeping #quickbooks #onesaas

Our favorite app that we recently implemented in our business is Teamwork. It is one-stop-shopping project management tool for staying organized every day. Our favorite highlights of the app are the Gantt boards, the Task lists, the timer feature for each staff to track hours per project and the feature to upload client specific files and notes. But the BEST part, is it integrates with everything! Quickbooks and Hubspot just to name a couple of big ones. If you are looking to

According to Relay*, 37% of SMB's need help with their Accounts Payable. The manual process of receiving bills, entering bills, AP aging, cashflow report creation to know when to pay bills, and then filing ... well it is a process. It's time heavy and requires a high level of organization to track and manage. It makes sense that businesses would prefer their bookkeeper handle it. Our process follows cloud accounting instead of manual receipt, manual entry and paper filing. We

Our newly created bookkeeping bundles have been posted on our website. Check them out here! We receive interest from potential clients that are looking for specific parts of the accounting cycle to be completed for their business. The bundles have been formed in a way to suit all sizes of companies and in a manner that addresses parts or all of the bookkeeping cycle. If you'd like to become a valued client, please review the bookkeeping solutions on our website, and submit a

I've been asked many times where the name "Big Rose" came from ??? Well, it was earned from a conversation with my beautiful children. My son's name is Celtic in origin and means "Little Fire" and my daughter's name is Greek in origin and means "a gesture of peace". So, in a conversation about their names and how fitting they were to their personalities (to a "T"!), my son piped up when he was just little and said, "And your nickname is Big Rose because you're bigger than us

With the announcement last week that Pilot has received an additional $100 million in funding, the question on the minds of accountants and business owners, is how does this affect the end user? Pilot utilizes Quickbooks Online for its cloud accounting, and with the new valuation of Pilot at $1.2 billion, the potential impact for growth at Intuit is astounding. Does that mean that Quickbooks Online will be the go-to for cloud accounting? Good question. The beauty of technolog

After a couple of months of tweaking, I'm pleased to announce that our new website is live! Please check it out and leave your comments with feedback. We love hearing from others and generating construction criticism to create even better things! #bigrose #bookkeeping #newbeginnings

Construction accounting has many moving parts, just like the job site. Monitoring multiple items accurately at one time can be a challenge. When all of these components are recorded, the financial statements will reflect a multitude of indirect costs. This makes it even more critical that construction firms implement cost-accounting methods that enable accurate tracking of their expenses to accurately project profit and loss. Three key challenges are: Cost of Goods Sold vs.

It can be a challenge for business owners to run a lucrative company and still have a work/life balance. For those of us that have a family, own a business, and want to have a social life plus inject a bit of fun from time-to-time .... well it's a tricky thing to accomplish. Or so it may seem. All of the things that you may want can be easily accommodated into your life on a daily basis with the very simple practice of time blocking. The concept is simple. The execution is di

Today, I salute all of the women in business, all of the mother's running a business and raising children at the same time, and all those women aspiring to be a strong role model in their day-to-day life. I know it's tough sometimes. It gets heavy. Keep going. Six months from now you can be in a completely different place spiritually, mentally, and financially. Keep working and believing in yourself. #BigRose #IWD2021 https://www.internationalwomensday.com/

I am happy to announce that Big Rose Bookkeeping has become a Partner with Wagepoint and obtained Wagepoint Certified Status! Payroll was already a service offered to our clients - however - we want current and future clients to feel confident with us. Continued education, learning, and certification is something we enjoy. Always continue to push the boundaries and stay ahead of the curve. #bigrose #bookkeeping #payroll #wagepoint

SimPro is an operations management software tool that specializes in trades companies - #electrical, #plumbing#hvac#contractors. It is cloud based (no data limits), user friendly (training offered) and offers a multitude of custom reporting options PLUS it integrates with Quickbooks and Xero. They are building a customer base here in Canada and spent some time showing me around! For contractors looking for a new app, check this one out. For contractors already using the app a

Lucky for us, the wheel has already been invented so no need to re-create it! The number 1 thing I see in businesses looking for help is their system has failed leaving them behind with their numbers and unsure where they sit financially. The system has failed because it is ineffective, inefficient and in essence they don't have a system. It benefits your business to take the time to create one that is simple and easy for staff to follow. Building a solid process is similar t

I was very pleased to receive an acknowledgement that Big Rose Bookkeeping is reaching clients on CanadianAccountantSearch.com. Thank you! #bigrose #bookkeeping #award #smallbusiness

I had a great conversation with a young entrepreneur yesterday. He has started his own video and photography business and it's doing great! However, he needs help getting a bookkeeping system started. He doesn't have one, and isn't sure where to begin. One of the things I enjoy about my company, is helping #entrepreneurs with creating a bookkeeping system and then teaching how to continue the system plus understand what basic bookkeeping is. Send me an S.O.S anytime if you a