The Proper Accounting (Bookkeeping) System for your Small Business

Most small business owners don’t have time to spend looking for basic Canadian bookkeeping and tax information that may affect their businesses.

It’s important to understand that your accounting system will change and get more complex as your business grows.

Your businesses size, your structure, your industry, your internal control requirements will vary greatly, which means your system needs to be considered carefully.

Your system needs to be designed so it is easy to use and in such a way that you can understand it even if you don’t have bookkeeping experience.

In other words, your accounting system needs to serve you just as well as your bookkeeper, your accountant or the tax auditor.