Bookkeeping – Dean C Paley, CPA, CGA ,CFP

VIRTUAL ASSISTANT…What is that, and How can it help my business?

This article was prepared by Tanya Hauser of Hauser Executive Virtual Assistant, a Burlington based administrative assistant company. I am sure you have heard the saying, “If you want something done right, do it yourself” This may seem like a good idea for certain situations, but ask any successful business owner and they will tell you that you can’t grow without…

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May 16, 2016

Bookkeeping

Common GST & HST Filing Errors

As a small business owner, the collection of HST may be seen as a nuisance and for some it may feel as if you are acting as a tax collector. Like it or not, we all have to comply, file and remit the HST we have collected. Whether you complete your HST return yourself, have software calculate it for you, or…

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November 4, 2013

Bookkeeping

Top Bookkeeping Mistakes

Over my career, I’ve seen a lot of journal entries and I’ve seen what can happen to someone’s livelihood when bookkeeping mistakes are made. The fact is, that one of the most common reasons a business fails is due to poor financial management. Your financial records will tell you where you stand: How much cash you have, Where the cash…

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October 10, 2013

Bookkeeping

A Great Bookkeeping Filing System

We have all heard of the shoebox accounting system where all of the receipts are put into a box and taken to the accountant or bookkeeper to be sorted and turned into financial statements or a tax return. If you really want to save on professional bookkeeping fees (and your bookkeeper will appreciate it), here is a sure fire filing system to…

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September 17, 2013