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…
The Back Office Blog
Looking to learn more about all things bookkeeping and accounting? Have a browse through our blog.
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…
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…
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…
CRA Audit Survival Guide: Understanding Non-Compliance and Audit Triggers
CRA Audit
Facing a CRA audit can be daunting. In this guide, we’ll break down common audit triggers, define non-compliance, and provide…
Accounting Trends and Predictions
Accounting
At Enkel, we are on the cutting edge of accounting, technology, and payroll services. To that end, here is a look at the future of accounting and how these rapidly changing trends will impact your business.
Chart of Accounts 101: A Guide for Canadian Business Owners
Bookkeeping
A chart of accounts is the foundation of your company’s accounting processes. So, it’s important to understand how a chart…
Bookkeeping Strategies Every Plumbing Contractor Needs To Know
Accounting
Accounting and bookkeeping are tasks that many tradespeople push to the side. With every moment of your work time filled…
HVAC Bookkeeping Strategy Guide
Accounting
HVAC Bookkeeping Strategy Guide As an HVAC business owner, you are an expert in dealing with heating and cooling systems.…
Accounting Strategies for a Profitable Consulting Business
Accounting
When it comes to running a profitable consulting business, it makes no difference whether you head a marketing agency, management…
Understanding Different Types of Financial Reports
Accounting
Financial reporting is critical to all businesses, regardless of their size. This process ensures your organization has access to reliable,…