Hey You ... Welcome to The Bookkeeper's Blog! Join me as I blog on good bookkeeping practices for work from home bookkeepers and business owners who do their own books.
Here is where you have the opportunity to easily keep up-to-date on new or updated blog pages being posted to the Bookkeeping Essentials web site.
It is my sincere hope that you will learn good bookkeeping practices that help you manage your business finances easily and more efficiently.
To your success! … and, of course, thank you to the readers and viewers of my blog.
This picture is from my day trip to Stuart Lake in 2009. Doesn't looking at this picture just make you want to exhale ... it's okay you're allowed.
Life was very good at Rainbow's End (my lake property) ... all sixteen years. I've moved and downsized now ... and am on to new adventures ... although I still miss living at the lake some days. Being creative about solving the problems life throws at you is a necessity. The way to reach your goal is not always a straight line.
Act carefully when dismissing an employee if you do not have a written employment contract. Learn how a written employment contract for every employee hired reduces your liability for damages.
CRA and IRS interest rates for corporate loans to shareholders, installment sales, under and over payment of taxes
CRA news to help Canadian business owners doing their own bookkeeping keep abreast of relevant changes and announcements. You can stop worrying now whether you are up-to-date with government updates!
Practical, basic Canadian bookkeeping resources for work from home business owners. Three series - home business taxes, CCPC notes, tax audit information and tips.
The Bookkeeper's Series on Canadian payroll deductions; includes employee taxable benefits, gifts and awards, automobile benefits calculator; 2019 payroll rates & subcontracting payments
REVISED AND EXPANDED online freelance bookkeeping training. Learn to automate your accounting workflow. LAST CHANCE to purchase this program before the price increases January 2019. I am still getting invited to free cutting edge webinars 8 years later.
Information on employment tax forms for small business owners including new hire paperwork and yearend reconciliation tips.
Updated monthly. Canadian tax filing deadlines and due dates for GST/HST, PST, payroll source deductions, T4 and T4A information returns, WCB, business income tax returns.
Canadian tax compliance due dates updated monthly. Also notes and references for 2018/2019 tax season deadlines, GST/HST, payroll source deductions, T4 and T4A information returns, WCB.
IRS news and other information that would be of interest to U.S. business owners who do their own bookkeeping or work from home bookkeepers. News on 2019 COLA & FICA.
Self employment income is subject to U.S. self employment tax ... updated to 2019. You'll find information on estimated taxes, standard mileage rates and U.S. rules for business use of your car.
A quick comparison of Hubdoc vs LedgerDocs features. You decide which document management app best suits your specific needs.
How to handle a supplier refund in QuickBooks Online as well as a supplier credit. There is a link to a shortcut method that even handles sales tax simply and effectively!
How do you record a QBO foreign deposit? The customer paid the invoice in a foreign currency by wire transfer with bank service charges deducted. Here's what to do.
Marnie Stretch, CPB shows you a simple and effective way to handle a debit card refund in QuickBooks Desktop and QuickBooks Online.
2019 CPP rates were release November 1, 2018. 2019 EI rates released Sep. 14, 2018. Find current Canadian payroll tax rates and tips ... so you can meet your payroll compliance obligations.
Learn about self employment taxes for business owners working from their homes. You'll find information on US self employment tax (SICA) and required CPP contributions for the self employed in Canada.
Payroll tax deductions are mandatory for small business owners in the U.S. and Canada. What is the employer's and employee's Social Security tax rate for 2019? What are the CPP and EI rates for 2019?
Gathering your bookkeeping documents in one place is easy with QBO - LedgerDocs workflow integration … making collaboration with your bookkeeper a breeze. Find out why this is one of my favorite apps.
Ledgersync workflow integrates with QuickBooks Online and Desktop. It automatically imports your bank statements, financial documents, check images, and deposits then pushes them to QuickBooks after coding and approval.
Why it is important to continually perfect your online accounting workflow process and how to go about it ... also eCommerce workflow tips and choosing the apps that are right for you.
Discover which business entities qualify for the 20% small business deduction along with threshold amounts that limit or disqualify a business from the deduction.
Tips on how to optimize Chrome browser features for cloud accounting software like QBO (QuickBooks Online) and other cloud accounting related software.
Small business accounting and bookkeeping checklist ... how to package your recordkeeping information for your bookkeeper and/or accountant ... ensuring your year end will go as smoothly as possible.
How to perform monthend bookkeeping tasks manual. 21 simple steps for work from home business owners who manage their own set of books. You can have accurate and timely internal financial statements.