How To: How to Close a Canadian Controlled Private Corporation (CCPC) | Step-by-Step Guide (Overview)
Are you looking to close your Canadian Controlled Private Corporation (CCPC) but unsure of the steps involved? In this comprehensive tutorial, we’ll guide you through the process of legally dissolving your CCPC, ensuring compliance with Canadian regulations.
Stay tuned for our upcoming video series, where we’ll provide in-depth coverage on each step involved in closing your Canadian Controlled Private Corporation (CCPC).
How To: QuickBooks Online Recording GST HST Instalment Payments Made EASY
In this step-by-step tutorial, you’ll learn how to record a GST/HST instalment payment in QuickBooks Online specifically for Canadian businesses. Keeping your taxes organized is essential for accurate bookkeeping and tax filing, and this video will guide you through the simple process of entering your GST/HST payments properly.
Whether you’re a small business owner, bookkeeper, or accountant in Canada, this guide is perfect for ensuring your instalment payments are correctly recorded to avoid any mistakes with the CRA (Canada Revenue Agency).
How To: Transfer RRSP correctly and avoid an RRSP withdrawal!
In this video I will be teaching you guys how to transfer your RRSP correctly and avoid what the CRA will consider an RRSP withdrawal!
Check out my socials for other tips and tricks on how to run a successful business in Canada, and as always, feel free to message me with any questions!
How To: Hire your first Bookkeeper in Canada! Tips and Tricks!
In this video I will be teaching you about Hiring your first Bookkeeper!
What to expect
Things to look out for (Red Flags!)
The different stages of hiring your outsourced Bookkeeper
Tips and Tricks for you to start off your working relationship on the right foot!
Check out my socials for other tips and tricks on how to run a successful business in Canada, and as always, feel free to message me with any questions!
How To: File your 2023 T4's with the CRA via Quickbooks Online (XML File)
In this video I will be teaching you guys all about how to file your 2023 T4's with the CRA using Quickbooks Online.
How To: *2024* Enter T4 Box 45 Code (Employer-offered Dental Benefits) - update in Quickbooks Online
In this video I will be teaching you guys all about the new T4 reporting requirements for Employers in 2024 and how to enter this information in Box 45 of your employees T4's in Quickbooks Online!
How To: Record Shopify Capital Loan in your Quickbooks Online Account
In this video Arielle from Fix My Books will be talking about How to Record Shopify Capital Loan in your Quickbooks Online Account.
Check out my socials for other tips and tricks on how to run a successful business in Canada, and as always, feel free to message me with any questions!
How To: Record HST Payment to the CRA with Bank Charge via PaySimply in Quickbooks Online
In this video Arielle from Fix My Books will be talking about How to Record HST Payment to the CRA with Bank Charge via PaySimply in Quickbooks Online.
Check out my socials for other tips and tricks on how to run a successful business in Canada, and as always, feel free to message me with any questions!
How To: Record HST Refund with Interest from the CRA in your Quickbooks Online Account (Canada)
In this video Arielle from Fix My Books will be talking about how to record an HST Refund with Interest in your Quickbooks Online account.
Check out my socials for other tips and tricks on how to run a successful business in Canada, and as always, feel free to message me with any questions!
How To: Record Customer Deposits in Quickbooks Online
In this video Arielle from Fix My Books will be teaching you how to record customer deposits in Quickbooks Online.
There will be four steps in this video:
Setup of the Customer Deposits Item & Account
Creating a Customer Deposit Invoice
Creating a Sales Invoice
Applying the Customer Deposit towards the Sales Invoice
Check out my socials for other tips and tricks on how to run a successful business in Canada, and as always, feel free to message me with any questions!
How To: Respond to an HST Audit by the CRA: Part 2 - Gathering & Submitting Documents to the CRA
In this video Arielle from Fix My Books will be showing you how to respond to an HST audit by the Canada Revenue Agency (CRA) and the most common reasons why you are going through an HST Audit.
Arielle will be showing you guys what a real audit letter looks like and the most important information you need to remember from the Audit Letter!
Arielle will also show you how to find the reports and documents the CRA wants from you in order to respond to the Audit Letter and ensure that you have all the documents and/or invoices and receipts the audit letter is asking for.
Check out my socials for other tips and tricks on how to run a successful business in Canada, and as always, feel free to message me with any questions!
How To: Respond to an HST Audit by the CRA: Part 1 - Why are you being Audited? - Common Reasons
In this video Arielle from Fix My Books will be showing you how to respond to an HST audit by the Canada Revenue Agency (CRA) and the most common reasons why you are going through an HST Audit.
Check out my socials for other tips and tricks on how to run a successful business in Canada, and as always, feel free to message me with any questions!
How To: How I Started My Bookkeeping Business (as an Immigrant) in Canada!
In this video Arielle from Fix My Books will be showing you how I started my bookkeeping firm in Canada.
Check out my socials for other tips and tricks on how to run a successful business in Canada, and as always, feel free to message me with any questions!
How To: How I Became a Bookkeeper in Canada (as an Immigrant!)
In this video Arielle from Fix My Books will be showing you how I became a bookkeeper in Canada as an immigrant. My journey to become a bookkeeper started long before I even landed in Canada!
Check out my socials for other tips and tricks on how to run a successful business in Canada, and as always, feel free to message me with any questions!
How To: Price your services
Pricing is one of the most important factors that has a direct impact on your profit. Pricing is how much you charge for your service. A pricing strategy is simply that—a strategic plan and it's a very significant one. If you don't approach it in this way, you can struggle to decide how much to charge. If you stumble for too long, you might never get it back. Pricing can make or break the lifespan and health of your business, regardless of your sector, product, or service. Let's dig into pricing 101.
How To: Tell if your business is doing well…
There are a variety of measurements that will actually allow you to determine the health of your business . While some techniques might be excellent business metrics, others might not be suitable or appropriate. With that in mind, let’s get pretentious about finance and explore the things that will help you determine if your company is in good financial health….
Quick Tips: 10 Red Flags to Avoid a CRA Audit
The word "audit" is one of the things that scares business owners the most. I've compiled 10 warning signs for an CRA audit that you should watch out for…
How To: Calculate RRSP Contribution Limit
In this video Arielle from Fix My Books will be showing you how to calculate your RRSP contribution limit and how to find your RRSP Contribution limit (without any calculations).
RRSP Contribution limit calculator: https://www.ratehub.ca/investing/rrsp-contribution-limit
How is your RRSP deduction limit calculated: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/contributing-a-rrsp-prpp/contributions-affect-your-rrsp-prpp-deduction-limit.html
CRA Worksheet on how to calculate earned income: https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/t4040/rrsps-other-registered-plans-retirement.html#stp_2chrt_3
Check out my socials for other tips and tricks on how to run a successful business in Canada, and as always, feel free to message me with any questions!
How To: Calculate Tax on Bonuses
In this video Arielle from Fix My Books will be showing you how to calculate how much taxes you will be paying on your bonus.
https://www.wealthsimple.com/en-ca/tool/tax-calculator
Check out my socials for other tips and tricks on how to run a successful business in Canada, and as always, feel free to message me with any questions!
How To: How To Conduct A Mid-Year Budget Review
With the midyear of 2023 quickly approaching, it’s a great time to perform a budget checkup to help evaluate how your business is performing and determine whether any adjustments should be made to ensure a successful year-end. Consider these key areas of your budget when conducting a midyear review…