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By C2online on 11/30/2012 9:14 PM
A bookkeeper is someone who is hired to handle the recording of a company’s financial transactions.  He manages the company’s books of original entries – which is called the Journal, and the books of final entries – otherwise known as the ledger.



He plays a crucial role in making sure that a company’s financial records are kept up to date, and making sure that all transactions are accounted for correctly.

He also plays other important roles, and his duties include the following:

Assists in Payroll Preparation.

A bookkeeper makes sure that employees’ payroll is prepared and the corresponding taxes, and government mandated benefits are tracked accordingly.  He makes sure that correct tax exemptions are given to each employee, this is so that no major tax adjustments will be necessary during the year-end preparation of employees’ withholding...
By Lisa Patrick on 9/13/2010 12:00 AM

Residency is the determining factor.  Are you ordinarly resident meaning you have residential ties as in dwelling places,dwelling place of your spouse or dependants.

Secondary ties are personal property in Canada(such as furniture,clothing),social ties(membership in Canadian recreational organizations),a drivers license from a province in Canada, or a Canadian passport.

By Lisa Patrick on 12/15/2009 12:00 AM
Are any of these answers your answer to why you don’t have a Will?

There is no definitive statistics In Canada that I could find, but there is the collaboration  of research that states that many Canadians do not have Will.

Why?

I don’t have enough money to worry about it. I am single. I don’t have any children. I don’t like to think about my death. Writing a will is time consuming, expensive and complicated. I am too busy building my business or working trying to make a living. I don’t want to deal with a lawyer. I don’t have money to get a Will drawn up. Why have a Will here are several good reasons why:

Avoid, or at least reduce, estate taxes. Don’t leave your children to the care of the government, name a legal guardian for any children you have. Don’t leave your family who are mourning for you in a mess handling your estate.  Appoint an executor to handle your estate and/or resolve any disputes over your estate. You...

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Re: 5 Tips on How to be a Good Client for Your Bookkeeper
I hope all clients see this article!! THANK YOU for putting these simple tips out there. I feel like sometimes I am not taken seriously enough.
Re: Bookkeeping Basics for the New Entrepreneur and the 5 Mistakes You Need To Avoid
Great blog post! I can agree with everything mentioned here. Every business, regardless of size, needs some kind of bookkeeping system, whether it's manual or digital. In addition, every bookkeeper needs to be trained by a certified bookkeeping trainer. Bookkeeping training is really important because of the skills and experience it provides to all the bookkeeping students. In turn, this minimizes the risk for all the mistakes mentioned in your blog and ensures smooth-sailing. I look forward to reading more from you.
Re: Bookkeeping Quotes - How to Communicate Clearly!
Hi Linda
We are about to launch the quote - Look for more information over the upcoming days.
Re: Bookkeeping Quotes - How to Communicate Clearly!
Is there any word on when the quoting tool will be available?
Tks, Linda
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