Your business may be entitled to benefits
Did you know your business may be entitled to certain benefits? ​ Penny's Watch: Do you know if you qualify? Having an up-to-date set of...
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Barney Bookkeeping
- Oct 4, 2021
- 1 min
Knowing the Difference Between Payment Receipt & Sales Receipt
Payment Receipt vs Sales Receipt. Do you know the difference? ​ A payment receipt is a proof of payment. It is mostly for the buyer...
Barney Bookkeeping
- Oct 4, 2021
- 1 min
Make Your Books A Priority
It's important to prioritize your books. ​ We at Barney Bookkeeping know the first thing on your mind is how you can improve your...
Barney Bookkeeping
- Oct 4, 2021
- 1 min
Things to Know When Naming Your Business
It all starts with naming your business. You have an amazing idea in your head and you're ready to bring it to life. You can always run...
Barney Bookkeeping
- Oct 4, 2021
- 1 min
Why You Need to Understand Your Numbers
It's important to set up a time each week for you to go over your books. Just to give yourself a few moments to go over your finances and...
Barney Bookkeeping
- Oct 4, 2021
- 1 min
The Importance of an Invoice Identification Number
It's Important to have an invoice identification number! ​ Invoices can be a big part of your daily business, which is why it's important...
Barney Bookkeeping
- Oct 4, 2021
- 1 min
The Importance of Creating Your Own Work Space
When working at home it's important to have a designated work space! ​ Set ground rules with other people in your home and work space for...
Barney Bookkeeping
- Oct 4, 2021
- 1 min
How to create a work/life balance
It's important to keep your business and personal life separate, especially when it comes to finances. ​ Working from home can make this...
Barney Bookkeeping
- Oct 4, 2021
- 1 min
The Process of Moving Your Business Online
Consider transitioning your accounting process online. ​ With more businesses moving to working at home, this is a simple way to keep...
Barney Bookkeeping
- Oct 4, 2021
- 1 min
Do you need to Register for GST/HST?
Did you know that the $30,000.00 threshold applies to revenues made by your business. See if this applies to you and your business today...
Barney Bookkeeping
- Oct 4, 2021
- 1 min
The Essentials of Payroll
When getting your year end paperwork ready, it's important to verify all employee information before completing T4s. A missing or...
Barney Bookkeeping
- Oct 4, 2021
- 1 min
Audit Proofing Your Business
The last thing you want to be when you're about to be audited is unorganized. Barney Bookkeeping Inc strives to make sure none of that...
Barney Bookkeeping
- Oct 1, 2021
- 1 min
Detecting Tax Credits
Detection dogs sniff out all kinds of things, I find tax credits. Medical expenses are a non-refundable tax credit but may still make a...
Barney Bookkeeping
- Oct 1, 2021
- 1 min
Cash and the Underground Economy
This is my brother Blaze he is always looking for a cash deal. I love him but he is not a licensed professional. Blaze is part of what...
Barney Bookkeeping
- Oct 1, 2021
- 1 min
Keeping Personal & Business Separate
Now that the holidays are over and we are into the New Year, I want to talk to you about keeping personal & business separate. Don’t mix...
Barney Bookkeeping
- Oct 1, 2021
- 1 min
Paper is for your Puppy!
Your money is in your paperwork and now the bandits come in suits and ties. ​ You are required by the CRA to keep your paperwork for up...
Barney Bookkeeping
- Oct 1, 2021
- 1 min
Don't be a fool, claim your tuition for school!
The tuition tax credits are non-refundable amounts that allow you to reduce any income tax you may owe. You may think you do not need...
Barney Bookkeeping
- Oct 1, 2021
- 1 min
Christmas Bonus Naughty & Nice
The Christmas bonus is always a nice surprise when you are not expecting it. The issue is the CRA needs their piece of your holiday pie....
Barney Bookkeeping
- Oct 1, 2021
- 1 min
My Home Office
Like many people I have a home office but only under certain circumstances can you deduct home office expenses. ​ 1. It is your principal...
Barney Bookkeeping
- Oct 1, 2021
- 1 min
Home Accessibility Expenses
Home accessibility expenses. Do you qualify or are you an eligible individual? Do you have an eligible dwelling? Are your expenses...
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