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How to File T4s using Quickbooks Desktop

Ronika Khanna CPA,CA

For all Canadian businesses that have employees on their payroll, the deadline to file your T4s is February 28th (unless it is a leap year and then it is February 29th), The good news is that it has become much easier to prepare and submit the T4s particularly if you are submitting them electronically.

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The Best Online Accounting Software for Small Businesses

xendoo

Thankfully in 2021, there are many affordable online accounting software options available for small business accounting. . What does online accounting software do? Most modern accounting software platforms, such as Quickbooks Online or Xero, are always connected to the internet.

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4 Accounting Transactions that Use Journal Entries and How to Enter them in QBO

Ronika Khanna CPA,CA

Accounting software has come a long way in the past few years. Although a good bookkeeper can be invaluable, It has become fairly easy for business owners and their support staff to take on the responsibility of entering day to day transactions while they employ accountants for the more complex aspects of their accounting and tax.

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How Do You Record Ecommerce Sales in Accounting?

xendoo

If you are just starting your ecommerce business, then there are key items you’ll need to set up first, including: A business tax ID number. A business bank account and credit card. Accounting software. Accounting Software. There are many choices for accounting software.

Sales 105
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The Ultimate Year-End Checklist for Closing Your Books

Basis 365

Most accounting software can send reminder emails for invoice payments. Talk to your accountant to determine if this is the right action for your small business. But, first, make sure you document all costs in your accounting software. STEP 5: UPDATE MILEAGE LOG Tax season is right around the corner.

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VARC Solutions Helps Clients Outsource Sales Tax Compliance

CPA Practice

Initially focusing on providing bookkeeping and payroll services, VARC Solutions has expanded to offer fully outsourced business management, payment processing, invoice management, consulting, implementation, and training. So many businesses are still noncompliant and would be hit hard by a sales tax audit. Wayfair, Inc.,

Sales 52
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Accounting Cost For Small Business: How Much An Accountant Costs Your Small Business

Snyder

An increasing number of business owners don’t do it by hand and can record the transactions themselves – without using the help of a small business accountant or bookkeeper – by subscribing to accounting automation software like QuickBooks (starting from $25 a month) or Synder, which eliminates the manual data entry for online transactions.

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