How to Improve Your Nonprofit’s Payroll Processing
NPO
Processing payroll is one of the most important — yet administratively burdensome — ongoing business tasks for non-profit organizations (NPOs).…
Non-Profit Reserve Funds: Five Best Practices for Managing Your Restricted Funds
NPO
Maintaining a healthy reserve ratio is vital for non-profit organizations (NPOs). In a prior post, we discussed the different types…
Importance of Internal Controls for Non-Profit Organizations
Accounting
Creating and maintaining a strong internal control system for non-profits (NPOs) is one of the most important steps that NPOs…
How to Automate Your Payroll Using Cloud-Based Technology
Payroll
We explain how to use cloud-based technology to automate your payroll. The article will provide step-by-step instructions on how to…
What is a Record of Employment (ROE)?
Payroll
Every business with Canadian employees must issue a Record of Employment (ROE) to workers who experience an interruption in insurable…
Top 11 Non-Taxable Benefits for Employers in Canada
Accounting
With labour shortages in various industries prevailing, providing a competitive pay package to employees can make the difference in securing…
How to Get Your Clients to Pay Invoices on Time
Bookkeeping
Many business owners have trouble collecting their accounts receivable. A study by Interac noted that 71% of Canadian entrepreneurs struggle…
How Receipt Tracking Software Can Change Your Business
Bookkeeping
In launching Enkel, I have learned a great deal about cloud-based technology and how it is revolutionizing how small business…
Cloud Accounting Software: What You Need to Know
Technology
Why Cloud Accounting Software Matters Cloud accounting tools support remote collaboration, help ensure business continuity, and provide real-time visibility into…
Re-assessing Your Strategic Plan: A Roadmap for Future Success
Advice
Every day events challenge our focus, which is why having a strategic plan is essential for guiding an organization, whether…
What to Do After a CRA Audit: Recovery and Rebuilding Trust
CRA Audit
Surviving a Canada Revenue Agency (CRA) audit is just the first step in a longer journey for small businesses found…
How to Survive a CRA Audit: Steps and Best Practices
CRA Audit
Facing a CRA audit soon? Understanding the process can make the experience less stressful. In this guide, we’ll outline the…