Blog Posts Waterdown Bookkeeping and Accounting

June 17, 2021

NOA Discrepancies (Notice of Assignment)

Always compare your NOA against the calculations on your filed T1 or T2 income tax return and see if there are any changes. Below are few […]
June 15, 2021
Accounting-Vs.-Bookkeeping

Bookkeeping vs Accounting

What is Bookkeeping? Bookkeeping is the process of keeping records of the financial affairs of a business. It’s an important part of the process of accounting, […]
June 14, 2021
Advantages Of Digital Payroll Services.

Advantages Of Digital Payroll Services.

Digital payroll services Play’s important role for any business. Organization or company must have the knowledge and a clear understanding of how to make the process […]
June 11, 2021
Virtual Bookkeeping Services

Virtual Bookkeeping Services

Waterdown Bookkeeping and Accounting services will provide you with complete online accounting services. We are sure that our services will provide you complete peace of mind […]
June 9, 2021

Importance of Bookkeeping

Bookkeeping is beneficial to business owners. It helps the businesses to effectively manage cash flows, planning for future and being well informed about running of business. […]
June 8, 2021

How To Set Positive Cash Flow

1 Set up an expense account. This is where the majority of your funds should be to cover your everyday business expenses. You should also use […]
June 4, 2021

Have You Not Filed Your Personal Tax Returns Over 10+ Years.

Every person who pays personal taxes in Canada is required to keep records for six tax years, which equals seven calendar years, in the event of […]
June 2, 2021

Unemployment Benefits Eligibility Check.

Most people who are eligible for unemployment benefits in Canada receive these benefits under this general eligibility provision. Benefits provided under this program are known as […]
June 1, 2021

5 Steps to Understand Balance Sheet.

1 Know Your Assets and Liabilities. Whether you’re a small business owner or a large multinational conglomerate, your balance sheet will always have the same format: […]