LedgersonlineOne question that our accountants hear over and over from clients is whether or not their business should incorporate themselves. It is a very difficult…
We are delighted to welcome Renée as a new addition to LedgersOnline quickly expanding bookkeeping team. Renée has a BBA in Accounting from Langara College…
We are happy to welcome Karina, our latest addition to the LedgersOnline bookkeeping team. After working as a bookkeeper for many years in Germany, Karina…
NithilThere are two primary accounting methods in use in Canada today: The cash method and the accrual method. The difference between them is in when…
Generally Accepted Accounting Principles (GAAP), have certain general rules associated with the recognition of revenue for most businesses and they are: For the simple…
Summary of How to Apply for the Federal Government COVID-19 programs including information on various subsidies and benefits for businesses and individuals. CEWS: The Canada…
jackGenerally Accepted Accounting Principles (GAAP), have certain general rules associated with the recognition of revenue for most businesses and they are: For the simple…
The New Year is over – and tax season is on full-tilt. That means thousands of small business owners and self-employed Canadians are scrambling to…
As we all know, equipment and buildings wear out over time. This gradual wear and tear results in depreciation – which is just part of…
There are a number of small but important changes to Canada’s tax code that became effective on January 1st, 2020. Canadian business owners should know…