If your company is not up-to-date with its HST filings with CRA, you could be facing serious penalties and/or an audit. The best way to steer clear of the wrath of CRA is to file on time and pay any amounts owing by the due dates. If you’re filing your own HST returns, it’s important [...]

The newest version of Intuit’s QuickBooks accounting software program, QuickBooks 2010, is now available and there are numerous reasons to upgrade your version. The most significant update to the program in several years, 2010 offers a host of new and improved features, including: Company Snapshot Screen Easier sorting of customers and vendor lists Improved multi-currency [...]

HST is a topic we’ve covered a number of times over the past several months, due in large part to the anxiety that seems to be associated with its implementation. HST has a lot of business owners scratching their heads. What will it mean for a particular industry? What if you serve clients in other [...]

Did you know that NALH can design a custom QuickBooks invoice template for your company? Ask us about our invoice design service and make sure that your invoices are consistent with your company’s corporate identity. Contact us for more information on getting your own custom Quickbooks invoice template. This article is an excerpt from the [...]

And, without further ado, we bring you the newly-implemented HST in BC and Ontario. Many a business owner will no doubt find themselves running into a few hiccups along the way when transitioning into the new tax’s sometimes-confusing rules, particularly with regards to place of supply when doing business with customers in other provinces. Have [...]

We’ve all heard the saying – less is more. And, more often than not, it’s true. While it’s good to be detail-oriented when sorting your business expenses by category, there’s a fine line where it can become over-categorization. For instance, when categorizing office supply expenses, it’s not necessary to break them down into separate categories [...]

As always, our bookkeeping tips are intended to help you streamline your business paperwork and help you save money on your accounting bill. This tip focuses on designating a single credit card for business purchases. One, two, five or ten? Visa, Mastercard, American Express…Look in your wallet.  How many credit cards do you see?  Which [...]

Once again, our tip will focus on small changes you can make to your paperwork prep routine. Putting your receipts and statements into good order before bringing them in helps make the most efficient use of your bookkeeper’s time which will, in turn, save your business money! When you receive your monthly credit card and [...]

Here’s a quick tip that will save you significant time when you sit down to sort receipts and get your paperwork ready to drop off at your bookkeeper’s office. When you make a purchase at a store, restaurant or other vendor, when the clerk hands you your receipt, quickly write on the receipt which account [...]