Accounting in 2018 is very different than it was in 2000 or even 2014. Here are some of the most amazing tools that are available for Canadian small businesses…
Whether you hire a professional bookkeeper or a Small Business Accountant there are still a number of options available to you for your bookkeeping and accounting needs.
The first and most important thing you should be familiar with is the CRA website and the new My Business Account portal that is available to every business in Toronto and Canada.
There are also a number of cloud accounting software choices available these days. The best software as of right now is:
Which can also be coupled with Hubdoc to create both a cloud and a digital data backup system for your accounting records. Combining these two software options can make your life, as well as your Toronto Accountants much easier, as easy access and readily available transaction backup can be accessed by everyone involved.
Definitely discuss the above options with your accountant and bookkeeper, to see if they support the software, and can even implement it for you. The ease of use alone makes it worth-while.
Small Business Accountant Toronto Tips & Blog 