Posts
Mar 7, Place of Supply Rules For GST & HST
Effective May 1, 2010, the place of supply rules for IPP and services changes. They are now based on customer location. New QST rules for non-residents went into effect in 2019. Learn about online sales, out-of-province sales, non-resident sales.
What Is Double-Entry Accounting?
If you’ve spent any time reading up on small business accounting, you’ve probably heard the term “balance your books.” But what does that really mean? Simply put, balancing the books is the process of closing your accounts at the end of an accounting period (typically a year, but it could be a month or a […] The post What Is Double-Entry Accounting? appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .
New & Improved in FreshBooks: Item Sales Report, Report Filters and Much More
It might be the shortest month of the year, but there’s a long list of improvements to FreshBooks this February! Here’s what’s changed: New Item Sales Report Is Now Available Want to know how many times you’ve sold a particular item? Or what about how much money you’ve made on each item you’ve sold? Look […] The post New & Improved in FreshBooks: Item Sales Report, Report Filters and Much More appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .
Bookkeeping vs. Accounting: What’s the Difference, Anyway?
“What’s the difference between bookkeeping and accounting?” Unless you’re an accountant or bookkeeper, you may struggle to answer this question, and understandably so. On the surface, these professions are very similar: Bookkeepers and accountants both work with financial data and help you manage your finances. There’s also a blurring of roles, with some bookkeepers in […] The post Bookkeeping vs. Accounting: What’s the Difference, Anyway? appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .
Would You Adopt a 32 Hour Workweek?
Congratulations: You made it happen. You’re an entrepreneur, you left the 9-to-5 behind, and you live and work according to your own rules. The freedom is liberating at first, but it probably didn’t take you too long to realize that normal office hours and consistency are actually pretty good for your productivity. Even working from […] The post Would You Adopt a 32 Hour Workweek? appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .