Great records can help you plan for decisions that will affect the future of your business and financing. More organized your records are, the more books can provide.
Organized records can help:

•Track and compare past and present finances
•Plan and forecast future financial options
•Provide information to make good business decisions
•Satisfy reporting obligations, notably to the Canada Revenue Agency as well as financial institutes when required
•Save time and money if your business gets audited and filing all obligations to CRA & WCB remittances on a timely fashion.

• Canada Revenue Agency rule is that all businesses are required by law to keep records of all your transactions to support your income and expenses.

Please don't ignore letters you receive from CRA. If you don't understand what the letter is saying, bring it to our office and we would be happy to help you.

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