Blog
Tips, guides, and insights on bookkeeping, accounting, payroll, and growing your Canadian business.
How to Record Owner Drawings in Canada: A Step-by-Step Guide
Owner drawings are common in Canadian small businesses but often recorded incorrectly. This guide explains the proper journal entries, tax consequences, and best practices for tracking drawings.
How to Write Off Bad Debt in Canada: A Practical Guide
Learn how to write off bad debt in Canada, including GST/HST adjustments, income tax deductions, and CRA requirements. Includes a real-world example for a contractor firm.
How to Set Up Accounting for a New Business in Canada
A practical guide for Canadian small business owners and their accountants on setting up accounting from day one, including tax registration, bank feeds, and payroll.
How to Create a Chart of Accounts in Canada: A Practical Guide
Learn how to create a chart of accounts for your Canadian business, CPA firm, or municipality. Step-by-step instructions, examples, and best practices avoid common mistakes.
How to Do Your Own Bookkeeping in Canada: A Practical Guide
A step-by-step guide to doing your own bookkeeping in Canada, covering CRA compliance, payroll, GST/HST, and when to use bookkeeping software.
Bookkeeping for Oil and Gas Companies in Canada: A Practical Guide
A comprehensive guide to bookkeeping for oil and gas companies in Canada, covering unique challenges, tax compliance, software selection, and practical tips.
Bookkeeping for Property Developers in Canada: A Practical Guide
This guide covers the essentials of bookkeeping for property developers in Canada, including job costing, GST/HST registration and rebates, cash flow management, and how to choose the right software like Awditify.
The GST/HST Refund Process Canada: Complete Guide
A complete guide to the GST/HST refund process in Canada, including filing steps, common pitfalls, and how automation helps.
Accounting Software for Medical Practices in Canada: A Buyer's Guide
Discover what to look for in accounting software for medical practices in Canada. From OHIP billing to CPP/EI, this guide covers features, workflows, and why Awditify fits.
Free Accounting Software Canada: Hidden Costs and What You Actually Sacrifice
Free accounting software in Canada sounds tempting, but it often lacks critical features for payroll, GST/HST, and audit trails. This guide reveals what you really give up and when a dedicated Canadian platform like Awditify makes more sense.
Accounting for Etsy Sellers in Canada: A Practical Guide
A practical guide to accounting for Etsy sellers in Canada, covering GST/HST, income tax, expense tracking, and software automation. See how Awditify simplifies the process.
Bookkeeping for Online Course Creators in Canada: A Practical Guide
A practical guide to bookkeeping for Canadian online course creators, covering GST/HST, platform revenue tracking, and automation with Awditify.