If you have a small business, you may have considered hiring accounting and bookkeeping services. You may use the two terms interchangeably. Maybe you even wonder half-seriously if an accountant is just an expensive bookkeeper. So, what exactly is the difference between bookkeeping and accounting? Read the article to learn more.
If you’re feeling overwhelmed or just don’t have the time to do it yourself, then it’s time to consider hiring a bookkeeping service. Find a free tax checklist for your accounting needs in the article.
Running your business involves handling multiple priorities, and bookkeeping often gets pushed to the bottom of the pile. Follow these steps as per Canadian Revenue Agency requirements if you need to take some last-minute measures for this year.