No matter what type of business you run, you should always have the appropriate resources on hand to help you with day to day inquires. You can’t possibly know the answer to everything so why not build up a list of business related resources. It could be websites to verify information, telephone numbers for technical support, or a cell number for that one very smart friend; anything that can help you run your business smoothly.
In the world of accounting and bookkeeping, there are many rules and regulations to comply with so having the appropriate resources at hand can be very useful. Here are a few that we often refer to.
The payroll calculator helps to calculate the federal and provincial payroll deductions for all provinces, with exception of Quebec. Tax rates are kept up to date, and it is an easy way to prepare payroll in the absence of a payroll system. Although using the PDOC provides only a basic payroll guideline it is best to invest in payroll software, to ensure source deductions and statements of earnings are processed accordingly.
There are many labour laws and regulations, and when running a business and hiring employees it’s best to understand the rules regarding vacation pay, stat holidays, sick days, etc. Making sure that you are complying with regulations and understanding your rights as an employer as well as the rights of your employees is a good business practice.
This site allows you to communicate with CRA on a variety of different business accounts such as, GST/HST, Payroll, and corporate income taxes. Business owners have full access and have the ability to authorize representatives such as their accountants to view the business account through “Represent A Client”. Information is updated regularly and transactions are processed immediately.
Never miss an HST filing deadline again by keeping this resource readily available. Filings can be quick and easy, all that is needed is your business number, access code and reporting period. All filings and payments can be made online.
The Art of Accounting, in conjunction with Intuit endorsed Real World Training, offers convenient options for QuickBooks training.
QuickBooks Online Accountant Training (QBOA):
Guided by knowledgeable and Certified QuickBooks ProAdvisors, participants learn how to use this powerful accounting software package by working through common, real-world business scenarios in small classes.
QuickBooks Online (QBO) Webinars for non-accountants:
QuickBooks Webinars allow participation and learning of QuickBooks from the comfort and convenience of office or home. The live interactive aspect of QuickBooks Webinars with Certified QuickBooks ProAdvisors offers the ability to ask questions and request clarification on the topics covered.
Looking for specific or customized QuickBooks training? Talk to us!
There are so many resources available for a variety of different industries; it is simply a matter of knowing what is useful for you. Your most reliable resource is The Art of Accounting. Contact us today to find out how our resources can benefit your company.