Season’s Greetings from B A Sheahan & Associates Ltd.

If you want to accurately keep track of financial records, you must understand the importance of bookkeeping. Implementing a bookkeeping system isn’t just a luxury, it’s an essential part of your small business. To properly manage your business, you need to know what’s happening on a basic financial level. Not organizing and analyzing your business expenses could prevent your business from reaching its full potential. To create awareness about the importance of understanding the end goal when acquiring a bookkeeping firm, the steps they require during the process, and where their starting point is, we at B A Sheahan & Associates Ltd have written down a beginner’s guide to transitioning to an organized bookkeeping system. 

Original Article Source Credits:   Government Of Canada , https://www.canada.ca/

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Original Article Posted on:  May 26, 2021

Link to Original Article:  https://www.canada.ca/en/revenue-agency/news/newsroom/tax-tips/tax-tips-2021/how-to-tell-youve-been-contacted-by-the-cra-and-what-to-do-if-you-are.html

When talking about accounting and taxation, if you are unprepared and disorganized, the very thought can send a shiver down your spine. Employing the services of a competent bookkeeping and accounting firm takes the burden off your shoulders. It gives you access to expertise and knowledge of accounting and taxes to make your business or household run precisely the way it should.

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Link to Original Article: https://www.bdc.ca/en/articles-tools/change-ownership/sell-business/selling-business-7-steps-increases-its-value

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Link to Original Article: https://www.freshbooks.com/hub/accounting/do-accounting-small-business

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Article Written By:  Eric Rankin

Original Article Posted on:  Aug 31, 2020

Link to Original Article:  https://www.cbc.ca/news/canada/british-columbia/cra-covid-19-benefit-cyberattacks-lawsuit-1.5705796

Original Article Source Credits:   Intuit and QuickBooks , https://quickbooks.intuit.com/

Article Written By:   QuickBooks Canada Team

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Link to Original Article:  https://quickbooks.intuit.com/ca/resources/finance-accounting/beginners-guide-to-small-business-bookkeeping/

Original Article Source Credits:   Canada.ca ,https://www.canada.ca/

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Original Article Posted on:  2020-11-23

Link to Original Article:  https://www.canada.ca/en/revenue-agency/news/2020/11/canada-revenue-agency-opens-applications-for-the-canada-emergency-rent-subsidy.html

Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

Article Written By:  Doug Carroll

Original Article Posted on:  November 13, 2020

Link to Original Article:  https://www.advisor.ca/tax/tax-news/budgeting-for-2021-cpp-changes-and-beyond/

Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

Article Written By:  Greg Dalgetty

Original Article Posted on:  November 19, 2020

Link to Original Article:  https://www.advisor.ca/news/economic/canadian-sees-value-in-a-wealth-tax/

Original Article Source Credits:   Yahoo Finance , https://ca.finance.yahoo.com/ 

Article Written By:  Christopher Liew, CFA

Original Article Posted on:  October 26, 2020

Link to Original Article:  https://ca.finance.yahoo.com/news/canada-revenue-agency-2-crucial-124522648.html

Original Article Source Credits:   Intuit and QuickBooks , https://quickbooks.intuit.com/

Article Written By:  QuickBooks Canada Team

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Link to Original Article:  https://quickbooks.intuit.com/ca/resources/bookkeeping/ways-improve-small-business-bookkeeping/

Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

Article Written By:  Rudy Mezzetta

Original Article Posted on:  October 9, 2020

Link to Original Article:  https://www.advisor.ca/tax/tax-news/feds-score-big-with-extra-funding-of-cras-business-compliance-programs/

Original Article Source Credits:    Hottest Guides , https://hottestguides.com/

Article Written By:  Ifeoma Miriam Osuala

Original Article Posted on:  14 August 2020

Link to Original Article:  https://hottestguides.com/what-is-bookkeeping-and-14-reasons-why-bookkeeping-is-important-to-business/

Original Article Source Credits:   CANADA , https://www.canada.ca/

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Original Article Posted on:  2020-03-05

Link to Original Article:  https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/payroll/benefits-allowances.html

As a business owner, maintaining your accounts and preparing your taxes will be one of your top priorities. However, as a busy entrepreneur, you may not be able to give as much time and attention as needed to manage the financial aspects of your business. At such times, your best bet at receiving quality back-office services is to hire the services of a bookkeeper.

Original Article Source Credits: CANADA , https://www.canada.ca/

Article Written By: NA

Original Article Posted on: 2020-08-19

Link to Original Article:  https://www.canada.ca/en/revenue-agency/campaigns/covid-19-update/covid-19-filing-payment-dates.html

Thanks for stopping by our blog. If you’re looking for more information about B A Sheahan & Associates Ltd., you’ve come to the right place.

As the proud owner of B A Sheahan & Associates Ltd., I look forward to sharing my story. I hope that you will enjoy getting to know me better.

I have been a practicing registered Chartered Accountant for over thirty-five years. During my history, I have held positions as both a chief financial officer for a major traffic management company and owned a similar business for a period of time.