Blog
Tips, guides, and insights on bookkeeping, accounting, payroll, and growing your Canadian business.
Government Grants for Small Business in Canada 2026: A Complete Guide
A practical guide to government grants for small business in Canada 2026, covering grant types, application processes, and how to organize your financial records to improve your chances of success.
How to Register a Business in Canada: Step-by-Step
A step-by-step guide on how to register a business in Canada, covering business structure, name registration, CRA business number, GST/HST, provincial permits, and bookkeeping setup.
Accounting for a Holding Company in Canada: A Practical Guide for CPAs and Business Owners
Holding companies in Canada face unique accounting challenges: intercompany loans, GST/HST elections, and separate entity reporting. This guide covers the essentials for CPAs and business owners.
Bookkeeping for Newfoundland Businesses: A Complete HST Guide
A practical guide to HST for Newfoundland businesses, covering rates, registration, bookkeeping setup, common mistakes, and how Awditify simplifies compliance.
Best Accounting Software for Contractors in Canada 2026
Canadian contractors need accounting software that handles WSIB, payroll, progress billing, and GST/HST. This guide compares top options for 2026 and explains why Awditify is the best fit.
How to Do Payroll Reconciliation in Canada: A Step-by-Step Guide
Payroll reconciliation in Canada means matching payroll records to bank statements, remittances, and year-end slips. This guide walks you through the process and shows how to avoid common mistakes.
How to Set Up Bookkeeping for a New Canadian Business
A practical guide to setting up bookkeeping for a new Canadian business, including accounting methods, chart of accounts, GST/HST registration, payroll setup, and monthly reconciliation.
What Is Accrual Accounting? Canada Guide for Businesses and CPAs
Accrual accounting records revenue when earned and expenses when incurred, giving a more accurate financial picture. This guide explains the principles, Canadian tax and regulatory requirements, and how to implement it effectively.
What Is Gross Profit Margin? Canada Business Explained
Gross profit margin is a key metric for Canadian businesses. This article explains what it is, how to calculate it, and how to use it to improve profitability.
What Is a General Ledger? Canada Business Guide
A clear, practical guide to the general ledger for Canadian business owners, bookkeepers, and accountants. Covers structure, compliance, and best practices.
How to Account for a Vehicle Purchase in Canada: A Business Guide
A practical guide for Canadian businesses on accounting for vehicle purchases, covering capital vs expense, GST/HST input tax credits, CCA, and how to streamline the process with Awditify.
How to Record Credit Card Expenses in Canada: A Practical Guide
Recording credit card expenses in Canada requires tracking GST/HST, categorizing mixed-use charges, and reconciling statements. This guide covers best practices, common mistakes, and how Awditify simplifies the process.