Blog
Tips, guides, and insights on bookkeeping, accounting, payroll, and growing your Canadian business.
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.
Bookkeeping for Sole Proprietor Canada Step by Step
A step-by-step guide to sole proprietor bookkeeping in Canada, covering GST/HST, expense tracking, payroll, and tax season preparation.
Difference Between Cash and Accrual Accounting Canada
Cash accounting tracks money when it moves; accrual accounting tracks obligations when they happen. This guide explains the Canadian rules and how to choose the right method.
Accounts Payable Aging Report: Canada Guide
Learn what an accounts payable aging report in Canada is, how to read it, common errors, and how Awditify keeps the report current with automation.
Profit Margin Calculation Canada Business: How to Do It
Learn how to calculate profit margins for a Canadian business, avoid common GST/HST traps, and see a worked example from an Ontario contractor.
Accounting Firm Expense Software: Tracking Client & Firm Costs
A practical guide to accounting firm expense software for Canadian CPA firms, bookkeepers, and municipal finance teams. Learn how to track client costs, firm overhead, and GST/HST in one platform.
GST/HST for Healthcare Providers in Canada: A Practical Guide
A practical breakdown of GST/HST rules for Canadian healthcare providers, covering exemption criteria, input tax credits, filing deadlines, and common audit traps.
What Is a Journal Entry? Canada Accounting Explained
Understand journal entries in Canadian accounting, from debits and credits to GST/HST and payroll, and see how automation prevents month-end errors.
How to File a GST/HST Return in Canada Online
Filing your GST/HST return online in Canada means getting your sales, purchases, and input tax credits in order first. This guide walks through the CRA process and shows how accounting software can help.
Inventory Valuation Methods Canada Business Guide
Inventory valuation methods Canada business owners choose affect tax, profit, and balance sheets. This guide explains FIFO, weighted average, specific identification, and common GST/HST mistakes.
Accounting for Pet Grooming Businesses in Canada
A practical Canadian guide to accounting for pet grooming businesses, covering HST, payroll, expense tracking, and software choices.
Accounting for Language Schools in Canada: A Practical Guide
A practical guide to accounting for language schools in Canada, covering deferred revenue, bank reconciliation, payroll, GST/HST, and software selection.