Bookkeeping

Your records will help keep you informed about the financial position of your business. You need good records to establish your profit or loss, as well as the value of your business. 

Information from good records can also tell you what is happening in your business and why. The successful use of records can show you trends in your business, let you compare performance in different years, and help you prepare budgets and forecasts.

In this webinar we will cover:

• Keeping Records in Accordance with Canada Revenue Agency
• Creating a System to Keep Your Records Organized
• Recording Income
• Recording Allowable Business Expenses
• Claiming Motor Vehicle Expenses
• Calculating Payroll Deductions
• Submitting Payroll & HST Remittances
• Capital Cost Allowance (CCA)
• Business-Use-of-Home Expenses
• Creating a Profit & Loss Statement

Duration:  90-minutes

Includes:  Simple Bookkeeping Template w/Income Statement and Payroll Worksheets

Outcome:  Organized accounting and financial documents that summarize your transactions and include the documents to support these transactions.