Blog
Tips, guides, and insights on bookkeeping, accounting, payroll, and growing your Canadian business.
Receipt OCR: How to Digitize Expense Tracking
Receipt OCR expense tracking turns paper receipts into categorized transactions, saving Canadian bookkeepers, CPAs, and municipal finance teams hours of manual data entry. Here is how it works, what to compare, and where Awditify fits.
Bookkeeping for Skating Rinks and Arenas Canada: Practical Guide
A practical guide to bookkeeping for skating rinks and arenas in Canada, covering ice rental billing, pro shop sales, payroll, GST/HST, and clean financial close.
Bookkeeping for Social Workers in Canada: A Practical Guide
This guide explains how to handle bookkeeping for social workers in Canada, including GST/HST rules, CPP contributions, common deductions, and software features that save time.
Bookkeeping for Nutritionists and Dietitians Canada
Bookkeeping for nutritionists and dietitians in Canada can be simplified with the right process. This guide covers GST/HST, payroll, expenses, and a real-world month-end close.
How to Record Security Deposit Accounting in Canada
A practical guide to recording security deposits in Canadian accounting, including journal entries, GST/HST rules, and common pitfalls for landlords, tenants, and municipal teams.
How to Account for a Vehicle Lease in Canada: A Practical Guide
A practical guide to vehicle lease accounting in Canada: classification, tax rules, journal entries, and how Awditify automates the lease workflow for bookkeepers and owners.
How to Calculate CCA for Your Business Canada: A Practical Guide
Learn the CRA's capital cost allowance rules, including classes, rates, the half-year rule, and a step-by-step example. Compare manual and automated CCA calculation methods.
Corporate Tax Return T2 Deadlines Canada 2026
Learn the corporate tax return T2 deadlines in Canada for 2026, including the difference between filing and balance-due dates, and how to avoid late penalties.
How to Record a Capital Lease in Canada: A Practical Guide
Learn how to record a capital lease in Canada with step-by-step journal entries, IFRS and ASPE rules, CRA tax treatment, and common mistakes to avoid.
How to Read a Cash Flow Statement in Canada
Reading a cash flow statement tells you where a business really stands. Learn the three sections, the indirect method, and the Canadian timing issues that hide cash problems.
How to Switch Accounting Software Without Losing Your Data
Switching accounting software does not have to mean lost history or missed deadlines. This guide gives Canadian teams a step-by-step migration process that protects payroll, tax, and audit data.
CRA Payroll Trust Account: What It Is and How It Works
The CRA payroll trust account is the source deductions account employers use to hold CPP, EI, and income tax withheld from employees. Here's how remittances, penalties, and tracking work in Canada.