Cash vs. Accrual Accounting: What is the Difference?
Accounting
As a small business owner, there are two accounting methods you can use to set up and manage your bookkeeping:…
The Back Office Blog
Looking to learn more about all things bookkeeping and accounting? Have a browse through our blog.
SRED or SR&ED: Either Way, it’s Easy Money in the Bank if Done Right
Accounting
Did you know that the Scientific Research and Experimental Development (SR&ED) tax incentive – also known as the SRED tax…
Understanding Your Numbers 101: Balance Sheet
Accounting
As one of three key financial statements, your balance sheet has a lot to say about your business – including…
5 Ways to Improve Your Accounts Payable Process
Bookkeeping
It’s not unusual for accounts payable (AP) to take a backseat to accounts receivable (AR), especially in smaller organizations. After…
5 Tasks You Should Outsource to Build a Better Business
Bookkeeping
Building a better business through outsourcing is an established global trend that will only grow bigger with time. Many small…
Final Pay Deadline for Employment Termination in Canada
Payroll
Employee turnover is an inevitable part of every business. The employment relationship between an employer and employee ends when: the…
Year-End Payroll Checklist For BC Businesses
Payroll
2019 is coming to an end and the holiday season is approaching fast. Before heading out for the holidays, it…
How to Automate Your Payroll using Cloud-Based Technology
Payroll
It’s not uncommon for small business owners to eventually reach a point in their company headcount where processing payroll manually…
How to Calculate Vacation Pay For Payroll in Canada
Payroll
If you’re a Canadian business owner planning to do your own payroll, you’ll need to learn about paid vacation entitlement…
Payroll for BC Small Business Owners – Everything You Need to Know
Payroll
Small companies account for more than 98% of all businesses in Canada, and are distinguished from large companies by the…
A Guide to the BC Employer Health Tax
Payroll
If you’re a business owner with British Columbia (BC) remuneration, you may have already begun paying the new Employer Health…
Payroll Deductions – How Much Should You Be Paying?
Payroll
As of 2017, small businesses in British Columbia were responsible for almost 1.1 million jobs - or 44% of the…
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