Friday, March 23, 2018
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Welcome to the NABI Blog. Our Blog is intended to inform, explain, clarify and raise awareness on current business topics and issues. Do you have a story you would like to share on our blog or be featured in our newsletter? Simply send an email and tell us what you want us to know. We want to hear about your success stories.

Get Your Ass-ets in Gear This Year Chelsey Tattrie

It’s no secret: tax season is stressful, especially if you’re a business owner. It’s the time of year when you finally have to address and organize that mountain of documents and receipts sitting in your filing cabinet (or shoebox) in order to meet the April deadline (or June if you’re self-employed). You also have to consider what taxable benefits your business can receive; whether or not you really have ALL your company’s receipts; and how quickly and efficiently you can get this done. We get the stress, that’s why we want you to learn how to manage it.

Why Good Bookkeeping Makes Great Businesses

As we mentioned, there are many factors to consider when it comes to sorting out your company’s finances and filing your taxes. If you’re just starting to do your businesses bookkeeping, it can be daunting to get your head around the sheer amount of work. Not to mention, the CRA tends to spend a lot of time auditing businesses. So it’s important to ensure you’re doing things right.

Enter: QuickBooks

QuickBooks was founded by 1983 by Intuit and has been a leading accounting tool for everything from personal to corporate taxes, and in-between. There is no denying that hiring an accountant can take this weight off your shoulders; but, as a savvy business owner why wouldn’t you consider this cost-effective alternative? According to Stokes Visca & Company LLP “you can use [QuickBooks] to run a $5 million or $25 million business for a few hundred bucks.” So we think, with a little patience and the right know-how, you can learn how to effectively manage your own bookkeeping using this simple tool.

Who Can Provide the Know-How? The Bookkeeping Guru!

We’d like you to meet Lloyd, a lifelong Edmontonian, who has worked on and with accounting software since Graduating in 1997. He has trained thousands of small business owners across Canada on setting up and using computerized bookkeeping programs. His specialty has been QuickBooks, but he has also trained on Simply accounting, Wave, and Xero.

Lucky for you, Lloyd has partnered with NABI to host a Lunch & Learn on Wednesday, March 7, 2018 titled. “Speed Up Your Bookkeeping”. You’re sure to learn how: to download and use bank feeds for bookkeeping; get reports for your own financial statements, and to be best prepared for year end tax filing. Trust us, if you’re ready to take ownership of your business’s bookkeeping you won’t want to miss this session! Head to Eventbrite to register!

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