The Bookkeep Blog
Not right now. BC paused the planned October 1, 2026 expansion of PST to professional services, which included non-residential property management, so those fees stay exempt for now. And if you pay so...
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...
Not right now. BC has paused the planned October 1, 2026 expansion of PST to professional services, so bookkeeping services stay exempt from PST for now. The Province hasn't set a new date.
Status as...
Not right now. BC paused the planned October 1, 2026 expansion of PST to professional services, so there's no new PST on what you pay your bookkeeper. If you do your own books, the planned c
...
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.
Daily Cash ...
Written by a Canadian bookkeeper with about 30 years of business and accounting experience and QBO Advanced Certification.
Monthly is a strong default for most small businesses, but the right cadenc...
Written by a Canadian bookkeeper with about 30 years of business and accounting experience and QBO Advanced Certification.
Airbnb and VRBO hosting runs differently from renting out a property long-ter...
Written by a Canadian bookkeeper with about 30 years of business and accounting experience and QBO Advanced Certification.
The Quick Method is an alternative way to calculate GST/HST owing, and for ...
Written by a Canadian bookkeeper with about 30 years of business and accounting experience and QBO Advanced Certification.
Every claimed deduction rests on the same underlying test, whether it's an ob...
Correcting an invoice after it's been sent — a pricing error, a return, an overcharge — shouldn't mean editing the original document. A credit note is the proper way to make that correction while keep...
Written by a Canadian bookkeeper with about 30 years of business and accounting experience and QBO Advanced Certification.
Net 30 shows up on invoices constantly, and while the basic meaning is simp...