(Newfoundland and Labrador)
How Do You Record CCP Contributions For Sole Proprietors
I am a work from home bookkeeper in Canada.
I have 3 new sole proprietorships that will be contributing to CPP this year. I will also contribute for my own business. None of the businesses use the payroll system - only owner's draw.
I need to set up accounts in the chart of accounts for these expenses but I am not sure how to input this. Any suggestions?
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