mondokeron.blogg.se - Greenbooks bookkeeping

GREENBOOKS BOOKKEEPING HOW TO
GREENBOOKS BOOKKEEPING PLUS

GreenBooks lets you create a budget that accounts for all of your spending and income categories, so you know how much you are saving at the end of a budget period. The Trends chart gives you the answer you are looking for. For example, see if your overall account balance is going up or down, compare your overall incomes to expenses, or compare your groceries to dining expenses. Quickly gauge your financial performance over time. You can easily toggle between different periods, and drill into a category to see more detailed breakdowns. In GreenBooks, you can see a breakdown of your expenses and incomes by categories. With one click, see where your money is going. It's simply the most pleasant user interface for keeping track of your accounts. We made everyday tasks like entering transactions super fast, so doing it everyday is not a chore. We can assist with guiding you through some of the Triggers and Red Flags that can bring about a CRA Tax Audit.Ĭontact us today at 77 or 60, let’s talk, or send us an email here and we will be in touch very shortly.As a financial tracker, GreenBooks lets you easily keep track of all your accounts without hassle or distraction. If you love technology and have everything on your computer – we can help you get your bookkeeping and accounting done efficiently and accurately.Īt Green Quarter Consulting - Accounting and Bookkeeping Services for White Rock, South Surrey, Langley and Surrey BC, we are here to help.

If you haven’t moved “up to the cloud”, we can help you organize all your records digitally. We can help you maintain your financial records and keep you organized – let us deal with the stress! You must keep a complete record of all your income and expenses. Organized, accurate bookkeeping is crucial for any business. Don't give the tax auditor a reason to audit both.

For personal items, ie appliances, etc, keep receipts until you either dispose of the item, or the warranty runs out.Īlways keep your business finances separate from your personal finances.

GREENBOOKS BOOKKEEPING PLUS

If you are incurring home and car expenses, the same six years plus the current year rule applies.

Pay stubs - once you receive and agree to your annual T4, there is no need to keep them any longer.

Anything from 2010 and prior can be tossed!.

Currently you would keep all your 2017 records, as well as from 2011 to 2016.

One of the most popular questions we get is: How long do I have to keep my tax returns and other business related documents?Īnswer: Tax returns and receipts, in case you are audited, must be kept for the current year and six past years. Note: It is advised to keep payroll and personnel files locked or at the very least, not in a place that is accessible by others.

Keep cheque stubs together in numerical order (including ones that have been voided).

It may be easier to have a folder of outstanding invoices in order of when they are due.

Employee reimbursements for expenses, travel etc.

Keep a folder for each active vendor/supplier (one-time suppliers can be filed in Miscellaneous – and we recommend in alphabetical order).

After Deposits have been entered, attach the cheque stub to the back of the invoice and file in numerical or alphabetical order.

This allows for quick and regular review of what is outstanding.

Keep Sales Invoices in numerical order, keeping unpaid invoices at the top of the folder.

You may want to get even more organized with your hard copy Bookkeeping Records for Accounts Receivable and Accounts Payable:

Accounting Records (see more details below).

This can be in old fashioned folders in a filing cabinet or folders on your computer (or both).

GREENBOOKS BOOKKEEPING HOW TO

Here are a few suggestions for how to organize those pieces of paper and separate them into a logical and efficient format. If you’ve jumped into the digital world and you have computerized your paperwork you may not need to keep as much paper but you still need some sort of paper trail in case something happens to your computer records or you need to back something up at a later date. Keeping this side of your small business organized is critical to efficient and accurate bookkeeping. No matter what stage of growth your business is in, or even if you’re just starting up, we can help. We utilize the newest technologies to process your data efficiently, automate where we can, and provide you with results at your fingertips. Everything you do in your business generates a trail of paperwork that can easily become overwhelming when it’s not kept at bay. At GreenBooks we offer a complete package of bookkeeping, accounting, and tax. Organizing Your Bookkeeping, Paperwork & Filing Systems Properly Helps in Running a Successful Small Business in South Surrey BCĭealing with paperwork and staying organized is a large (and sometimes daunting) part of running a small business.