QuickBooks Small Business Centre
Organize receipts to more efficiently track expenses and prepare your business for the inevitable CRA tax inquiries. Many strategies can hel
Unearth the importance of tracking finished goods inventory, how it differs from other inventory accounts, and how it is reported on your fi
Learn how to separate the financial records for your online and in-person sales, and review reasons why separating records helps with financ
Learn what cost of goods sold is and why it is important for e-commerce sellers to track, and read about some tips to measure it.
Learn the importance of tracking gross margins, and see why e-commerce business owners should care about this metric.
Defer your expenses until they actually occur to enhance the consistency of your financial statements and your ability to make smarter decis
Find out what a prepaid expense is and how to record it in your accounting system and claim it in your tax return.
Enhance your financial statements by recognizing prepaid expenses. Learn the journal entries for setting up a prepaid and how to eventually