Nonprofit organizations play a crucial role in serving their communities and advancing important causes. However, managing the finances of a nonprofit can be complex and challenging. Proper bookkeeping practices are essential for nonprofit organizations to ensure transparency, accountability, and compliance with regulatory requirements. In this blog post, we will explore some best practices for bookkeeping specifically tailored to nonprofit organizations.

Payroll processing is critical to running a business, yet it needs to be more noticed and considered. Accurate and timely payroll processing is essential for maintaining employee satisfaction, complying with legal requirements, and running your business smoothly. In this blog post, we will delve into the importance of accurate and timely payroll processing and how it can benefit your business.

Are you tired of spending hours buried in paperwork and struggling to keep your books in order? Streamlining your bookkeeping processes can make a world of difference in the efficiency and success of your business. In this blog post, we will explore some effective strategies to help you streamline your bookkeeping processes and save time and effort.

Accounting for any small business can be complicated. Even with only a few employees and products, it can be difficult for someone with little business experience to figure out. One of the keys to a company’s success is making decisions about the company’s future direction based on accurate accounting records. Accurate bookkeeping is important to keep track of a company’s day-to-day spending.

As the year is coming to a close, as a business owner, it’s time to focus on your year-end business planning. This includes preparing your end-of-year accounts, statements, and financial reporting. However, as the end of the year is so hectic, it’s not always easy to keep up with all the end-of-year preparations. And we at ALL-PRO Bookkeeping & Consulting Ltd. understand the stress involved to get your year-end processes complete.

Original Article Source Credits:   Chron , https://smallbusiness.chron.com/

Article Written By:  Valencia Higuera

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Link to Original Article:  https://smallbusiness.chron.com/three-cardinal-rules-bookkeeping-35837.html

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Bookkeeping is an integral part of financial management that keeps track of your finances. When your books are in order, it’s easy to draw reports and make crucial decisions. However, when it comes to bookkeeping, we are often asked how regularly bookkeeping should be performed. There are two options you have when it comes to bookkeeping frequency. You can either do it on a monthly or quarterly basis or at the end of the year.

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Article Written By:  Kathryn Hatter

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Link to Original Article:  https://smallbusiness.chron.com/benefits-outsourced-bookkeepers-39200.html

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Article Written By:  Michelle Strait

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Link to Original Article:  https://smallbusiness.chron.com/bookkeeping-benefits-24041.html

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Article Written By:  Alia Nikolakopulos

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Link to Original Article:  https://smallbusiness.chron.com/types-bookkeeping-48070.html

When running a business, the paperwork must be all in order so that it can be properly run. Most people who start and run businesses are good at coordinating between a team and working on the product or service, which is the core of the establishment they are running, but are not always aware of all the paperwork they have to coordinate.

Original Article Source Credits:   The Motley Fool , https://www.fool.ca/

Article Written By:  Aditya Raghunath 

Original Article Posted on:  December 29, 2020 

Link to Original Article:  https://www.fool.ca/2020/12/29/cra-3-huge-tfsa-rrsp-and-cpp-changes-in-2021/

Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

Article Written By:  Michelle Schriver

Original Article Posted on:  October 30, 2020

Link to Original Article:  https://www.advisor.ca/tax/tax-news/prepare-now-for-tax-fallout-from-covid-19-says-tax-expert/

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Article Written By:  George N. Root III

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Link to Original Article:  https://smallbusiness.chron.com/advantages-bookkeeping-10662.html

Original Article Source Credits:   Canada.ca ,https://www.canada.ca/

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Original Article Posted on:  2020-11-23

Original Article Source Credits:   Yahoo News , https://ca.news.yahoo.com/

Article Written By:  Christopher Liew, CFA

Original Article Posted on:  October 21, 2020

Link to Original Article:  https://ca.news.yahoo.com/canada-revenue-agency-3-little-120027054.html

Original Article Source Credits:   Advisor's Edge  , https://www.advisor.ca/

Article Written By:  The Canadian Press

Original Article Posted on:  October 14, 2020

Link to Original Article:  https://www.advisor.ca/tax/tax-news/taxpayer-watchdog-to-monitor-how-cra-handles-pandemic-stressed-taxpayers/

Original Article Source Credits:   Intuit and QuickBooks  , https://quickbooks.intuit.com/

Article Written By:   QuickBooks Canada Team

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Link to Original Article:  https://quickbooks.intuit.com/ca/resources/bookkeeping/ways-improve-small-business-bookkeeping/

Original Article Source Credits:   Yahoo Finance , https://ca.finance.yahoo.com/

Article Written By:  Amy Legate-Wolfe

Original Article Posted on:  September 18, 2020

Link to Original Article:  https://ca.finance.yahoo.com/news/cra-canadians-80-making-huge-164524498.html?guccounter=1