Small businesses learn to make the most of the resources they have. As an entrepreneur, you’re used to wearing multiple hats. However, it may be time to take a step back when it comes to aspects related to bookkeeping, accounting, and tax preparation if you aren’t a professional in these areas. Bookkeeping is an essential part of your business, so you need to make sure it’s done right. To help you understand how things could go wrong if you do them yourself, the experts at ALL-PRO Bookkeeping Services Ltd have explained in detail two reasons why you shouldn’t DIY posting journal entries.

When starting a new enterprise, it’s essential to keep your costs down to ensure a steady stream of cash flow. It will greatly help to smooth you over while establishing your name in the market.

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

Article Written By:  Valencia Higuera

Original Article Posted on:  NA

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

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

Article Written By:  NA

Original Article Posted on:  2021-04-14

Link to Original Article:  https://www.canada.ca/en/revenue-agency/services/tax/businesses/small-businesses-self-employed-income/checklist-small-businesses.html

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

Article Written By:  Jared Lewis

Original Article Posted on:  NA

Link to Original Article:  https://smallbusiness.chron.com/problems-doubleentry-bookkeeping-systems-38241.html

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.

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

Article Written By:  Kathryn Hatter

Original Article Posted on:  NA

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

As a small business owner, you may understand the basic financial aspects needed to run your business, but if you want to track the progress of your business and feel more confident about your business’s future, it is advisable to enlist the services of a bookkeeper. 

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

Article Written By:  Michelle Strait

Original Article Posted on:  NA

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

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

Article Written By:  Christopher Liew, CFA 

Original Article Posted on:   January 4, 2021

Link to Original Article:  https://www.fool.ca/2021/01/04/cra-2021-update-dont-forget-to-claim-the-500-digital-news-tax-credit/

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

Article Written By:  Alia Nikolakopulos

Original Article Posted on:  NA

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:   Chron , https://smallbusiness.chron.com/

Article Written By:  George N. Root III

Original Article Posted on:  NA

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

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

Article Written By:  NA

Original Article Posted on:  2020-11-23

Link to Original Article:  https://www.canada.ca/en/revenue-agency/services/subsidy/emergency-rent-subsidy/cers-expenses-claim.html

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:   CTV News , https://www.ctvnews.ca/

Article Written By:  Patricia Lovett-Reid

Original Article Posted on:  September 16, 2020

Link to Original Article:  https://www.ctvnews.ca/business/pattie-lovett-reid-the-good-and-bad-news-of-a-growing-economy-1.5106888

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

Original Article Posted on:  NA

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

Original Article Source Credits:   The balance , https://www.thebalance.com/

Article Written By:  GLENN TYNDALL

Original Article Posted on:  July 11, 2020

Link to Original Article:  https://www.thebalance.com/difficult-accounting-error-detection-14081

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