Join us for an empowering presentation on “Setting your Business up for Success: QuickBooks 101” Learn the essentials for seamless financial management tailored to your business.

Embark on a streamlined personal tax journey with our presentation, “Maximizing Returns: Your Tax Journey Simplified”

Effective bookkeeping forms the foundation of a successful business. It's not just about managing numbers; it's about understanding your financial health and making informed decisions. At Your Bottom Line Accounting Firm, we understand the importance of accurate and efficient bookkeeping. In this blog post, we'll explore the top five bookkeeping mistakes to avoid, helping you maintain a healthier bottom line and ensuring your business's long-term success.

Payroll processing can be a time-consuming and complex task for businesses in Ontario. From calculating employee wages and deductions to ensuring compliance with employment standards and tax regulations, payroll management requires careful attention to detail.

Business accounting involves more than maintaining books for tax purposes. Accurate accounting plays a vital role in helping you save money, increase profits, identify where budget cuts must be made and which areas need added resources.

Unfortunately, in an attempt to scale the business, most small business owners try to minimize the time and effort spent on accounting and financial management. As a result, they often overlook the little things that can have a huge impact on the company. This impact could be anything from a loss of financial flexibility to unpaid taxes, fraud, theft and even embezzlement.

Original Article Source Credits: 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/cash-flow/cash-flow-gaps-2020/

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Article Written By TIM CESTNICK

Original Article Posted on : MARCH 6, 2020

Link to Original Article: https://www.theglobeandmail.com/investing/personal-finance/taxes/article-take-advantage-of-tax-changes-this-year/

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Link to Original Article: https://www.canada.ca/en/revenue-agency/news/newsroom/tax-tips/tax-filing-season-media-kit/tfsmk-senoirs-tips-help-tax-season.html

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Article Written By Dale Jackson

Original Article Posted on : Jan 31, 2020

Link to Original Article: https://www.bnnbloomberg.ca/understanding-the-difference-between-an-rrsp-and-tfsa-1.1382807

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Article Written By QuickBooks Canada Team

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Link to Original Article: https://quickbooks.intuit.com/ca/resources/cash-flow/cost-accounting-prime-costs-vs-conversion-costs/

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Original Article Posted on : 2020-01-23

Link to Original Article: https://www.canada.ca/en/revenue-agency/news/newsroom/tax-tips/tax-tips-2020/what-new-tax-professionals-tax-preparers.html

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Article Written By QuickBooks Canada Team

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Link to Original Article: https://quickbooks.intuit.com/ca/resources/payroll/using-different-pay-codes/

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Article Written By Joy Blenman

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Link to Original Article: https://quickbooks.intuit.com/ca/resources/managing-people/how-to-calculate-the-true-cost-of-a-new-employee/

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

Article Written By Adam Othman 

Original Article Posted on : January 1, 2020​​​​​​​

Link to Original Article: https://www.fool.ca/2020/01/01/canada-revenue-agency-the-1-giant-tfsa-mistake-to-avoid-in-2020/

Original Article Source Credits: Global News, https://globalnews.ca/

Article Written By TERRY PEDWELL 

Original Article Posted on : January 1, 2020

Link to Original Article: https://globalnews.ca/news/6352374/rrsp-tax-changes-2020/

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Article Written By QuickBooks Canada Team

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Link to Original Article: https://quickbooks.intuit.com/ca/resources/finance-accounting/guide-for-small-business-owners/

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Article Written By: QuickBooks Canada Team

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Link to Original Article:  https://quickbooks.intuit.com/ca/resources/expenses/reduce-business-expenses/

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Article Written By:  QuickBooks Canada Team

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Link to Original Article: https://quickbooks.intuit.com/ca/resources/cash-flow/financial-analysis-cash-to-cash-cycle/

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

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Original Article Posted on : 2019-12-19

Link to Original Article: https://www.canada.ca/en/revenue-agency/news/newsroom/tax-tips/tax-tips-2019/interest-rates-first-calendar-quarter.html

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Link to Original Article: https://quickbooks.intuit.com/ca/resources/cash-flow/refinance-your-business-debt/