Slatcher Bookkeeping
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Bookkeeping for small businesses.
08/02/2024
Hey friends!
It’s been a minute since I’ve shown up on here, life is busy and quite honestly, i struggle to be creative. There is a reason I chose working with numbers for a career 🤑.
If you haven’t filed your 2nd Quarter GST, do it now! Those CRA penalties can hurt 😢.
Hope you all have a great long weekend, stay cool friends!
Your friendly neighbourhood bookkeeper 💵
04/15/2024
Deadlines!
We are coming up to some very important deadlines this month...see below:
April 20th - PST Quarterly Returns - If you are a quarterly filer, make sure your return is filed and paid before the deadline!
April 30th - Personal Tax Return - Sole Proprietor's - You may not have to file a return till June 15th, but if you owe, you must pay by April 30th if you did not make proper instalments throughout the year.
April 30th - GST for Annual Self Employed Filers - If December 31st was your year end, make sure you pay any amount owing..if you don't owe then you have until June 15th to file.
April 30th - GST for Quarterly Filers - Get all those receipts in to your bookkeeper this week!
CRA penalties and fees can add up quick, set your reminders and pay on time.
01/17/2024
We know life is busy - especially as a small business owner!
But getting all your financial documents in ASAP helps paint a complete picture of your financial health (and you never know when you might need it!).
So, make it a priority to stay on top of your financial paperwork.
Remember: Teamwork makes the dream work! Your future self (and your bookkeeper!!) will thank you. 🚀
Proper bookkeeping can actually save you money because we can help identify cost-saving opportunities that you might not know about!
It's not just about seeing where your money goes, but also discovering hidden ways to increase your profits! That's where proper bookkeeping comes in.
So, start turning those confusing numbers into insightful narratives. Your balance sheet doesn't just tell a story about your past, it can predict and shape your future!
11/24/2023
Make sure your books speak the same language!
As a small business owner, it's important to have a basic understanding of accounting terms, even if you have an accountant or bookkeeper.
Brush up on these basic accounting terms every business owner should know. →
11/22/2023
Luckily, with consistent bookkeeping, you and your business can stay organized, allowing you to measure your financial progress efficiently!
Harness the power of informed decision-making because understanding your numbers is the first step towards profitability! 🚀
This time of year is a golden opportunity to maximize profits, especially for small business owners.
Here are ways to optomize your profits this holiday season:
Start by forecasting demand. Look at past trends and current market conditions. Get your numbers right to avoid overstocking or running out of goods. 📈
Next, prepare your workforce. Whether you're hiring extra hands or doubling down with your current team, ensure they're ready for the rush. 🔨
Finally, make your products stand out! Creative packaging and tailored offers can grab attention, driving sales up. 🎁
Remember – the holiday season is a marathon, not a sprint.
As always - SHOP LOCAL WHERE YOU CAN!
❤️
Ever play a round of "Is this a business expense?" with your bookkeeper?
It's a common misconception that *almost anything* can be written off as a company expense.
Remember, not everything qualifies as a business expense and you should check with your bookkeeper and accountant to make sure!
Tell me your funniest "it's a business expense" moment below! (Don't worry- we've all been there!)
11/11/2023
Navigating payroll can seem complex, right?
Don't let the ins and outs of payroll regulations intimidate you.
Master it with simple steps: know your team's payment schedule, understand your tax obligations, keep meticulous records, and most importantly; hire a knowledgeable bookkeeper who can ensure a proper setup.
Because a well-managed payroll leads to a smooth-running operation! 👌
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Lorette, MB