| > | | | | Books is that a lot of the onlinepayment processors |
| | | | offer a Quick- |
| Have you prepared all year for tax time? | | | | Books download of your financialtransactions. By |
| Organization is the key to avoiding Tax Time Crunch. | | | | using this andimporting it into your |
| We all know that time of year willcome! Yes, Tax | | | | accountingsoftware, you are able to prepareyour |
| Time! Many of uswill be gritting our teeth atthe sound | | | | monthly statements quitequickly and also with less |
| of those words. | | | | errors. |
| With being business owners, weall find ourselves | | | | Another popular accounting softwareused in Canada |
| spending alot of time in the beginning ofthe year | | | | is Simply Accounting. |
| gathering receipts, andpreparing the financial | | | | This powerful software is used bymost Canadian |
| statementsfor the previous year to completethe | | | | accountants, is easyto learn and use and |
| taxes and year end. | | | | powerfulfeatures for all your accounting needs. |
| My business has grown substantiallyover the last few | | | | NetSuite offers an integrated onlineaccounting |
| years and thismakes the year end even larger | | | | application with ecommerce,sales, inventory, shipping |
| toprepare and so many details toattend to. Thank | | | | and support. |
| goodness for ouraccountant and the knowledge | | | | Free Trial is available |
| theycan provide us with! Even with anaccountant, we | | | | An easy to use accounting system thatprovides a |
| have found the morethat you can do yourself the | | | | total business solution tosmall and medium sized |
| lessthe accountant has to do. Thisthen does save $$ | | | | companies. Thisis a free accounting software system. |
| but does itreally in the end? | | | | It's a slick little bookkeeping programthat tracks the |
| We all know that time is money. | | | | ins and outs of yourmoney without all the bells |
| With year ends, financialstatements, tax returns | | | | andwhistles. Big E-Z has lots of coolprogramming that |
| andcalculation of tax payable; thelarger the company, | | | | makes good useof your Excel program. It |
| the largeramount of details that need tobe | | | | doesn'tmatter what your skill level is--anyone can use |
| considered, reviewed andprocessed. Accountants | | | | it. And it's soaffordable--it's almost free! |
| thatdeal with businesses and/orinternet companies | | | | If you are just starting out with yourbusiness and |
| have knowledgeand are trained for this area. | | | | can not justify spending |
| Tax laws change almost daily,and they are up to | | | | $$ on accounting software or want touse a very |
| date on thesechanges. They truly can save youtime | | | | simple system, using Excelspreadsheets is a fairly |
| and money if you are prepared. | | | | easy andinexpensive way to organize yourincome |
| The best advice I can give anyone,is to make sure | | | | expenses. If you were to do asearch on Google for |
| you are preparedand organized throughout the year. | | | | "accountingspreadsheet template" you will |
| Do not wait until January to startgathering your | | | | bepresented with many spreadsheettemplates, which |
| receipts. If you haveyour balance sheets done, | | | | will assist you withthe proper format of your |
| expenses/income accounted for each and | | | | financialdocuments. All that is needed is foryou to |
| everymonth, this will save you time whenit comes to | | | | customize the accounts andfields for your own |
| the preparation work foryour year end. There are | | | | company, thenstart inputting your financialtransactions |
| many handyprograms now that will help you dothis | | | | into it. |
| as well. Enter in your daily/weekly income/expense | | | | Here are just a few I havefound through my |
| receipts intoan accounting software, balance | | | | searches: |
| yourbooks each month and at the end ofthe year, all | | | | If you are using an accountant foryour year end |
| you need to do is printout these statements and | | | | preparation, it is agood idea to check with them to |
| send themoff to your accountant OR use | | | | seewhat type of accounting system willwork best |
| thisinformation yourself to prepare yourtax returns. | | | | for both of you. They mayhave some good |
| A popular accounting software programis | | | | suggestions and letyou know what software they |
| QuickBooks, which is available for | | | | are ableto work with. |
| US companies and does offer a freetrial. This | | | | Organization throughout the year willsave you |
| programis not inexpensive, but when it comesto time | | | | frustration and time anddefinitely money when it |
| and preparing your income/expenses it could save | | | | comes totax time. We all know Organizationis the |
| you $$ in theend. Another great thing about Quick- | | | | key to any successful business! |