Blog
Why You Should Go To The Capacity Conference 2019
This May, we are delighted to be supporting the Capacity Conference, organized by Keela, on May 27th 2019! Taking place for the 2nd time in a row, last year’s conference brought together 175 BC-Based Non-Profit Organizations (“NPO”) together in a shared space to develop their skills and grow their network. Last year, we had the
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Not-For-Profit Tax Requirements in Canada
Tax time can be stressful for not-for-profit organizations in Canada, especially when the filing requirements are not well understood within the organization. Even though not-for-profits don’t pay income tax, the requirement to file a tax return has been in place since 1993, and penalties exist for late filing. Organizations that may be filing their returns for
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Month in Review: April 2019
April was a celebratory month as we closed in on yet another great quarter. We celebrated the win with a team outing to a rock climbing gym and we also added more new bodies to our growing team. Here’s what we’ve been up to this April: Enkel Team Social In conjunction with our theme for
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Fund Accounting Basics for Canadian Non-Profit Organizations
While there are plenty of similarities between the accounting systems used by commercial businesses and Non-Profit Organizations (NPOs), the key difference lies in their sources of revenue. In commercial business, revenue comes from sales or profits from investments. In NPOs, revenue is a combination of sales or investments plus contributions (which are usually so significant
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3 Ways Your Bookkeeping May Be Hindering Your Growth
Are your bookkeeping practices hindering your company’s growth? Many smaller businesses start out doing their own bookkeeping. But the reality is that as a company expands, its accounts payable, accounts receivable, and payroll requirements tend to become more complex. Whether you’re in the business of making money, or you lead a non-profit organization, good record-keeping
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Is Direct Deposit Payroll The Right Choice For Your Business?
As a business owner or non-profit director, it’s your responsibility to ensure employees are paid accurately and on time. But with so many provincial and federal regulations dictating the proper handling of deductions, payroll can be confusing, time-consuming, and costly – especially since missing established CRA reporting deadlines can result in penalty charges and interest
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4 Great Reasons To Outsource Your Non-Profit Bookkeeping
Non-profit directors and boards oversee a large and diverse range of Canadian organizations, including some 26,000 in BC alone. Together, these organizations generate $80 billion in annual revenues and provide 2 million full-time jobs. As an executive director, your main duty is to carry out the mission of your organization. But that also means overseeing
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Month in Review: March 2019
It’s hard to believe that the first quarter of 2019 has flown by so fast! March was a great month at Enkel as we welcomed multiple new members to the team, held a webinar and more! Here’s a rundown of what we’ve been up to this March. A Growing Team! This March, we added 5
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How Technology Can Secure The Future Of Your Construction Business
By all measures, the numbers tell us that 2018 was a great year for the construction industry in Canada and things are expected to stay rosy in 2019. The sector enjoyed six consecutive quarters of higher spending in the non-residential segment, with the industry’s capacity utilization exceeding 92%, the highest it’s been since 1992. But
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