The Bookkeep Blog
Shopify, Amazon, and Etsy each pay out differently, tax differently, and take their cut differently — which means treating them as one interchangeable "online sales" bucket in your books hides more th...
Update — September 18, 2026: B.C. has paused the planned October 1 expansion of PST to professional services. If you've been preparing to start charging PST on bookkeeping and accounting, architectura...
B.C. has announced that the planned October 1, 2026 expansion of PST to professional services has been paused.
The Province says the pause will maintain the existing PST exemption for professiona...
A remittance payment to the CRA looks like just another payment leaving the bank account, but recording it the wrong way can quietly throw off a liability account without anything looking obviously...
A project that stretches across several months creates a real bookkeeping problem: the invoice hasn't gone out yet, but real costs and real earned value are already sitting there. Work-in-progress ...
A holdback shows up on nearly every construction invoice in Canada, and it trips up a lot of bookkeeping because it isn't a discount, a bad debt, or a simple timing gap. It's a specific legal requi...
B.C. has announced that the planned October 1, 2026 expansion of PST to professional services has been paused.
The Province says the pause will maintain the existing PST exemption for professi...
The two buttons sit right next to each other in QuickBooks Online, but they do different things. Picking the wrong one can quietly distort a business's records in a way that's hard to catch later.
If...
An invoice that will genuinely never be paid is called bad debt, and writing it off correctly involves more than just deleting the invoice — done right, it can also recover GST/HST already remitted...
B.C. has announced that the planned October 1, 2026 expansion of PST to professional services has been paused.
The Province says the pause will maintain the existing PST exemption for professi...
B.C. has announced that the planned October 1, 2026 expansion of PST to professional services has been paused.
The Province says the pause will maintain the existing PST exemption for professiona...
Restaurants and hospitality businesses move a high volume of small transactions every single day, and that volume is exactly what makes generic monthly bookkeeping habits fall short here.