GTA Accounting Insights

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What Is The Quick Method For GST/HST Filing

The quick method of accounting is used by small businesses to calculate HST remittances or file returns. This method is quite simple and straightforward because it doesn’t require one to report actual HST paid or payable on all the purchases. Therefore, using this method in HST filing can significantly reduce paperwork. With this method, you…
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Tips for Small Business Bookkeeping Toronto in 2019

As a small business owner, you have to adopt the habit of proper financial record keeping. If you don’t keep good financial records, you’ll soon find yourself in a crisis. The aspect of bookkeeping doesn’t have to be complex or costly for your small business. Consider outsourcing bookkeeping if you want to avoid trouble managing…
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5 Common Bookkeeping Mistakes & How to Avoid Them in 2019

Whether you’re running a small business or a multinational company, bookkeeping is one of the areas that you must dedicate special attention to. Proper bookkeeping can make small businesses manage their finances better. Without proper financial records, it can be difficult to determine the position of the business hence management and expansion will be a…
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