What is the average cost of bookkeeping services in Canada?
Many small and medium-sized businesses in Canada allocate between $30 to $80 per hour for professional bookkeeping services. This range…
How to ensure payroll compliance in Canada?
Implementing a clear process for calculating employee wages according to the latest federal and provincial regulations is essential. Regularly…
How much do tax preparation services cost in Canada?
For individuals and small business owners, budgeting for tax preparation starts with knowing what to expect price-wise. In Canada, the typical…
How often do Canadian businesses need to file GST/HST returns?
Most Canadian businesses should file GST/HST returns quarterly, aligning with the standard reporting schedule set by the Canada Revenue Agency…
What is included in a monthly bookkeeping package in Canada?
Start with a clear understanding that a comprehensive monthly bookkeeping package keeps your business financially organized and compliant.…
What is the price difference between bookkeepers and CPAs in Canada?
Choosing between a bookkeeper and a CPA often hinges on budget considerations. Data shows that the average hourly rate for a bookkeeper in…
What is the cost difference between in-house and outsourced bookkeeping in Canada?
Opting for in-house bookkeeping typically involves higher upfront expenses, including salaries, benefits, and training costs. Small businesses…
What are the tax implications of dropshipping in Canada?
Understanding how sales tax and income tax apply to your dropshipping business in Canada can significantly impact your profitability and…
How to account for shipping and fulfillment costs in Canadian e-commerce?
Include shipping and fulfillment costs directly into your product prices to avoid unexpected expenses during checkout. Research shipping rates…
How to handle payment processor fees in Canadian bookkeeping?
Reducing transaction costs is pivotal for maintaining healthy profit margins in Canadian bookkeeping. By selecting payment processors with…