Blog
Tips, guides, and insights on bookkeeping, accounting, payroll, and growing your Canadian business.
How to Calculate Break-Even Point for a Canadian Business
Learn the break even formula, see a worked example for a Canadian contractor, and find out how to automate the process.
How to Improve Cash Flow in Your Canadian Business
Discover actionable strategies to improve cash flow for your Canadian business, including managing receivables, optimizing payroll timing, and using automation to reduce delays.
SR&ED Tax Credit Overview for Canadian Businesses
A practical overview of the Scientific Research and Experimental Development (SR&ED) tax credit for Canadian businesses, including eligibility, process, and technology tips.
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 Cash Flow? Canadian Business Guide
Understand the concept of cash flow, its importance for Canadian businesses, and how to manage it effectively. Includes Canadian-specific examples, common challenges, and software recommendations.
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.
GST/HST on Employee Benefits in Canada: A Practical Guide
Understanding GST/HST on employee benefits in Canada is tricky. This guide covers taxable benefits, common errors, and how to automate compliance.
Mobile Accounting Apps for Canadian Business Owners: Work From Anywhere
Canadian business owners need a mobile accounting app to manage finances, payroll, and tax compliance from anywhere. This guide covers key features, Canadian-specific needs, and how Awditify fits the bill.