Posted on September 23, 2019
by Danielle
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Accountants are responsible for preparing three primary types of financial statements for a business. The income statement reports the profit-making activities of the business and the bottom-line profit or loss for a specified period. The balance sheets reports the financial position of the business…
Category: Accounting, Bookkeeping Tips, EntrepreneursTags: Accountant, accounting, accounting tips, balance sheet, corporate accounting, Corporate Tax, Edmonton Accountant, Edmonton Accounting, Entrepreneurs, finances, financials, income statement, Reasons your business needs an accountant, Small business, small business tax tips, statement of cash flow, Tax tips
Posted on September 22, 2019
by Danielle
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If you have a checking account, of course you balance it periodically to account for any differences between what’s in your statement and what you wrote down for checks and deposits. Many people do it once a month when their statement is mailed to…
Category: Accounting, Entrepreneurs, Personal FinanceTags: Accountant, Budgeting, Corporate Tax, deductions, Edmonton Accountant, Edmonton Accounting, edmonton bookkeeping, Entrepreneurs, exemptions, personal accounting, personal income tax, Small business, small business tax tips, Tax tips
Posted on September 21, 2019
by Danielle
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It’s tough to learn that the life insurance company you applied to will not be offering you coverage, especially if you were fully expecting a yes! You may fall into the “impaired risk market,” which means you have something in your background that makes…
Category: Entrepreneurs, InsuranceTags: Accountant, Corporate Tax, denial, Edmonton Accountant, Edmonton Accounting, edmonton bookkeeping, Entrepreneurs, how to get life insurance, life insurance, new entrepreneurs, Small business, small business tax tips, Tax tips
Posted on September 20, 2019
by Danielle
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Most people probably think of bookkeeping and accounting as the same thing, but bookkeeping is really one function of accounting, while accounting encompasses many functions involved in managing the financial affairs of a business. Accountants prepare reports based, in part, on the work of…
Category: Bookkeeping Tips, EntrepreneursTags: Accountant, Bookkeeping, bookkeeping tips, Corporate Tax, Edmonton Accountant, Edmonton Accounting, edmonton bookkeeping, Entrepreneurs, Small business, small business tax tips, Tax tips
Posted on November 3, 2018
by Danielle
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This video is about When is a good time to incorporate your small business! Check out the full resource on Facebook: https://www.facebook.com/DanielleSOSBookkeepingServices/photos/a.1921408354848420.1073741829.1604915469831045/2125908741065046/?type=3