Category: Bookkeeping

Bookkeeping tips.

How to cancel Quickbooks

Posted on By TaxDeep No Comments on How to cancel Quickbooks

Quickbooks, developed and owned by Intuit, is one of the most popular small business accounting apps available. We also recommend this software before. Millions of small businesses use Quickbooks in across the US and Canada, but that doesn’t mean they’re all happy. In fact, quite a few have already cancelled. And if you’re thinking similar…

Read More “How to cancel Quickbooks” »

Bookkeeping, Technology

BC Sick Days: What you need to know

Posted on By TaxDeep No Comments on BC Sick Days: What you need to know

On November 24, 2021, the British Columbia government announced that as of January 1, 2022, all employees who fall under the Employment Standards Act will be entitled to 5 employer-paid sick days per year.  Which employees are eligible?The paid sick leave provision applies to all employees covered by the Employment Standards Act, including part-time, temporary,…

Read More “BC Sick Days: What you need to know” »

Bookkeeping

Crypto (Bitcoin) Friendly Banks in US, Canada

Posted on By TaxDeep No Comments on Crypto (Bitcoin) Friendly Banks in US, Canada

BankProv BankProv is one of the best crypto-friendly banks that offers full-service USD banking products for crypto natives and related businesses. The 10th oldest bank in the US, BankProv recently entered into the crypto space and offers fully-insured USD backing solutions for crypto businesses, custom API banking solutions, secure cash vault services for BTM operators, and…

Read More “Crypto (Bitcoin) Friendly Banks in US, Canada” »

Bookkeeping

Want to close corporation, what you should know.

Posted on By TaxDeep No Comments on Want to close corporation, what you should know.

If you want to close your corp, usually people are told to pay a lawyer to shut it down. While I usually suggest using professionals such as professional bookkeeper, this is one of those times where you don’t have to at all.So if you want to DIY this, you do two things: Don’t file your…

Read More “Want to close corporation, what you should know.” »

Bookkeeping

Advantages of business outsourcing and bookkeeping

Posted on By TaxDeep No Comments on Advantages of business outsourcing and bookkeeping

In Canada, more and more SMEs are finding that as energy, raw material and labor prices rise, so do the costs of doing business. Profits have become increasingly difficult as businesses find it difficult to navigate tough economic times. For the development of the enterprise, as a small and medium-sized enterprise owner, you will naturally…

Read More “Advantages of business outsourcing and bookkeeping” »

Bookkeeping

How to know if your bookkeepers did good jobs

Posted on By TaxDeep No Comments on How to know if your bookkeepers did good jobs

Your bookkeeper is an integral part of your team. You need to have confidence in their abilities and trust that they are getting the job done correctly. The fact that you have hired a bookkeeper may indicate that this is an area of ​​business that you are not used to dealing with yourself. If so,…

Read More “How to know if your bookkeepers did good jobs” »

Bookkeeping, Business, Tax Tips

XERO or QuickBooks? Which One is the Best Accounting Software?

Posted on By TaxDeep 3 Comments on XERO or QuickBooks? Which One is the Best Accounting Software?

XERO and QuickBooks Online are two software with several standard features, but you can decide which to select according to your accounting needs. or you could choose Wavesapp, if you want to cut your cost down. The comparison which will follow will help you to select the software that suits you.

Read More “XERO or QuickBooks? Which One is the Best Accounting Software?” »

Bookkeeping