Quick Tips: 5 Things You Should Know About Your Business
In this video, Arielle from Fix My Books will be giving you an overview of the top 5 pieces of information you should know about your business!
How To: Record an HST Refund in Quickbooks Online
In this video Arielle from Fix My Books will be showing you how to record an HST Refund after the HST return has been filed with the Canada Revenue Agency.
Quick Tips: Common Quickbooks Online HST Error for Shopify, Amazon & Etsy Sellers who use A2X
In this video, Arielle from Fix My Books will be giving you an overview of the most common HST Error that happens in Quickbooks Online: The HST return and the GST/HST Payable amount on the balance sheet are not matching. I will show you what is causing the error, how to find the error quickly and how to fix it in Quickbooks.
This is very common with Ecommerce Sellers on Shopify, Amazon & Etsy who use A2X to publish their Sales to Quickbooks Online. The error usually happens when you forget to tag the HST line on the Journal Entry of A2X.
How To: Check if your Bookkeeper is Legit (5 Questions to Ask Before Hiring a Bookkeeper)
In this video Arielle from Fix My Books will be giving you guys an overview of the top 5 questions to ask before hiring a bookkeeper for your business. This will cover topics such as: Accounting Software, Education & Credentials, Expertise, Scope of Services & Billing as well as Client-focused questions to make your working relationship work better!
How To: Top 5 Ways to Lower Your Bookkeeping and Accounting Fees
Bookkeeping fees are priced based on the scope of work, volume of transactions and the complexity of work involved. In this video Fix My Books will be giving you an overview of the top 5 ways to lower your bookkeeping and accounting fees, and how these points impact your accounting fees.
How To: Enter PayPal Sales into Quickbooks Online
Fix My Books will be giving an overview of how to record PayPal Sales in Quickbooks Online.
How To: Record a Business Car Purchase using Quickbooks Online
Fix My Books will be giving you an overview of how to record your business car purchase using Quickbooks Online.
Quick Tips: HST Tips & Tricks (Zero-Rated vs. Out-of-Scope)
In this video, Arielle from Fix My Books will be giving you an overview of the three types of 0% Sales Tax in Quickbooks. The differences between Zero-rated, Exempt and Out of Scope and how these affect your Sales Tax (HST) Return. She will also show you how to properly enter Meals & Entertainment expenses where you can only claim half of the ITC's (Input Tax Credits).
How To: Maximize Tax Savings for your Business by Using a Health Spending Account (HSA)
In this video Arielle will be giving you guys an overview of how to maximize your tax savings by using an Health Spending Account (HSA), the different HSA Requirements for Sole Proprietorships and Corporations and what medical expenses you can claim on your HSA.
Quick Tips: Sole Proprietorship vs. Corporation in Canada
In this video Arielle will be giving you guys an overview of the pros and cons of Sole Proprietorships and Corporations in Canada, which business structure would be better suited to your personal situation and some things you should consider before making a decision.
Quick Tips: Salary / Wages vs Dividends Canada: How to pay yourself as a business owner!
In this video Arielle will be giving you guys an overview of how to pay yourself a business owner, whether you should do it through Salaries or Dividends. The pros and cons of Salaries vs. Dividends, how this affects your RRSP Contribution room and some things you should consider before making a decision.
Quick Tips: What Happens When Business Owner’s Take Money Out of The Company
In this video, Arielle from Fix My Books, will be giving you guys an overview of how a shareholder loan functions, what happens when a business owner takes money out of the company, gives the money company or decides to take dividends.
Quick Tips: What is an Income Statement?
In this video, Arielle from Fix My Books, will be teaching you what an Income Statement is, why you need it, and how it can help you understand your business's performance and help you make better business decisions.