Ida Peters

¡Bienvenido a la familia Facturama! We’re excited to share that in September 2020, FreshBooks acquired Facturama, a Mexican-based electronic invoicing and accounting software platform headquartered in San Luis Potosí that serves thousands of Mexican business owners. It’s been an exciting journey for all involved. It’s no surprise that Mexico was FreshBooks’ top expansion priority. With […] The post FreshBooks Mexico Is Officially Here With the Acquisition of Facturama! appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .

A company uses a doing business as (DBA) when the name it operates under is different from its legal, registered name. In life and business, things are not always as they seem. And that’s okay. Some people change their names for personal or professional reasons. A middle name, an abbreviated name, or a nickname might […] The post Doing Business As (DBA): What Is It and Why Is It Needed? appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .

When it comes to accounting and productivity, IT professionals and web developers have a leg up on other small businesses. As a tech-savvy entrepreneur, you have skills that set you apart and you already know the advantages of cloud accounting. You’re not daunted by complex software. You know your way around a database. You’ve got […] The post Run a Development Shop? Level up With Cloud Accounting appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .

Does the thought of working with PayPal transactions make you want to run and hide? PayPal bookkeeping can be very complicated, even for the most experienced virtual bookkeeper. I definitely struggled to understand the ins and outs of how it works at first. Now I want to share my experience with you. I’m going to show you the essentials of how PayPal works so you can tackle your client’s PayPal transactions with more confidence. Keep reading below, or click on the following video link for my virtual bookkeeper’s guide to understanding PayPal. Click on the video linked below to watch: The virtual bookkeeper’s guide to understanding PayPal What exactly is PayPal? Before we dive in, let’s start by defining what PayPal is and how it is used. You may think of PayPal as a type of bank account. After all, PayPal keeps a balance much like a bank account does , and transactions flow back and forth between PayPal and other bank accounts as well . You can make payments to vendors throu

Many small business owners like to show appreciation to their clients, customers, and team with thoughtful gifts. After all, you’re building a rapport with your clients and a bond with your team. Whether in the form of cash, gift cards, or a token of appreciation, gifts come with tax implications that small business owners should […] The post Are Gifts for Your Team and Clients Tax Deductible in the U.S.? appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .

Let’s say you run a small architecture firm and you’re looking to grow. With multiple employees, clients, and projects to juggle, determining where your profit is coming from can sometimes feel like navigating a maze. You have to download reports, manually calculate profit per project, and go back into your books to confirm Costs, Expenses […] The post New: Easily Track Every Project’s Performance appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .

In today’s hyper-competitive marketplace, you need to do everything you can to give your business an edge over the competition—and a big part of that is figuring out how to achieve maximum results without maximum effort. We’re talking about business hacks—and if you want to grow your business (and get a leg up on your […] The post 6 Business Hacks to Drive Real Results for Your Small Business appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .

If you drive a car for work, you can maximize your tax deduction by claiming the mileage. But keeping track of your travel on-the-go can be a huge hassle. Between logbooks, gas station receipts, and remembering which trips are actually work-related, it’s easy to lose track of what you can and can’t claim on your […] The post Introducing: Mileage Tracking Is Now Available on Android and iOS appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .

Click here to download the book. I believe anyone who provides a valuable service should get paid for the value they deliver. In January 2003, I was running a small design firm when I finally snapped. I was using Microsoft Word to bill my clients when I accidentally saved over an invoice. The frustration of […] The post Breaking the Time Barrier [Free eBook] appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .

Time and attention are finite resources. Your employees only have so many work hours every day—and, within those work hours, they have to pick and choose what they give their attention to. And if you want to drive employee productivity, you need to empower your team to spend their time and attention on the tasks […] The post How Small Business Automation Can Empower Your Team’s Best Work appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .

The Bookkeeper's Notes, part 1 on Canadian corporate bookkeeping and income tax for a CCPC.

Learn about self employment taxes for business owners working from home ... US self employment tax (SICA) & required CPP contributions for self employed in Canada.

Small business accounting and bookkeeping checklist ... how to package your recordkeeping information for your bookkeeper and/or accountant ... ensuring your year end will go as smoothly as possible.

How to perform monthend bookkeeping tasks manual. 21 simple steps for work from home business owners who manage their own set of books. You can have accurate and timely internal financial statements.

When I started my writing business, I dreaded and avoided money conversations like the plague. Clients would ask me what my rates were and I’d change the subject by asking a question: “What’s your budget?” I told myself this was the right decision because it allowed me to gauge whether they were worth working for […] The post In 2021, It’s Time to Get Over the Fear of Money Talk appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .