Ontario Minimum Wage Increase

ONTARIO MINIMUM WAGE INCREASE On October 1st, 2016, the Ontario minimum wage is increasing as per the following graphic. General minimum wage will be increasing by 15 cents. Minimum wage is the lowest wage that an employer can pay an employee. Ontario announces wage increases every April, and these increases are implemented in October. General Minimum Wage applies to most employees. Student Minimum Wage applies to students UNDER THE AGE OF 18 who work 28 hours a week or less... View Article

September 28, 2016 6:07 pm Published by Leave your thoughts

Quickbooks 2016 Password Feature

QUICKBOOKS 2016 PASSWORD FEATURE As a Quickbooks ProAdvisor, I feel I need to let all my clients know about a big change in the latest release.  Once you install the newest update (Release R7P) you will be prompted to add a complex password.  This password is mandatory and needs to be changed every 90 days.The rationale behind this is that our QuickBooks files contain sensitive data such as SIN numbers, Credit Card numbers, etc.  Unfortunately, QuickBooks has no solution for clients... View Article

June 27, 2016 4:42 pm Published by Leave your thoughts

Bookkeeping and Accounting Tips

Do you claim AUTOMOBILE EXPENSES? Make sure you are tracking your mileage. Make note of the your odometer reading at the beginning of the year, then track all your business mileage throughout through the year. Keep a log in your car and record in it every time you get into the car. For the more tech savvy, there are apps for your smart phone that will use the GPS to record this for you. When tax time comes, you will... View Article

November 18, 2015 8:49 pm Published by Leave your thoughts

BEWARE: Quickbooks & Windows 10

Just a quick note to let you know that Quickbooks is NOT CURRENTLY SUPPORTING its product on Windows 10.  This means that if you upgrade your operating system and your Quickbooks stops working, you are going to be out of luck until Intuit finishes their testing and irons out the glitches.  I am speaking from experience, as I have spent numerous hours on tech support today with no resolution in sight. I strongly encourage you to WAIT.  Don’t upgrade until... View Article

August 18, 2015 6:53 pm Published by Leave your thoughts

Outlook 365 Errors

My Outlook 365 has been acting up, refusing to start up without a reboot.  Some internet research lead me to the solution:  My outlook.pst file was corrupted and needed to be repaired. If you have this problem, I’ll let you know what fixed it for me: Go to the “Program files” folder on your computer and search for “scanpst.exe” Open scanpst.exe it and locate your outlook folder.  It is probably hidden, so you will need to “Show hidden files and... View Article

July 7, 2015 6:54 pm Published by Leave your thoughts

Quickbooks Error 15271

Question:   When trying to update Quickbooks, I get an error message that says Error 15271 – a file cannot be validated. This is an error that has plagued many of my clients. The answer on the Quickbooks site is to reset the updates and, failing that, to reinstall the program. This takes a lot of time, and I have found a simpler solution for this and other QuickBooks update issues.   Follow these steps to resolve most Quickbooks update issues:... View Article

September 25, 2014 6:54 pm Published by Leave your thoughts

The Paperwork Avalanche

Working with small businesses, the one refrain I hear over and over from my clients is “How do I stay organized? I have paperwork everywhere!” This is a challenge for all of us. As your business grows, there are more demands placed on your time, and without a solid system for staying organized it’s easy to let the receipts, invoices and statements pile up. These are some suggestions I have for keeping your bookkeeping paperwork in order: Go to your... View Article

August 13, 2014 6:54 pm Published by Leave your thoughts

Minimum Wage Increase in Ontario

On June 1, 2014 the minimum wage in Ontario will increase to $11.00 per hour for most employees. http://www.labour.gov.on.ca/english/es/pubs/guide/minwage.php  This change is going to have an impact on both Ontario businesses and wage earners. If you are a small business owner make sure you have all the facts ahead of time.   DEFINITIONS General Minimum Wage – this rate applies to most employees Student Wage – This rate applies to students under the age of 18 who work 28 hours... View Article

May 27, 2014 6:55 pm Published by Leave your thoughts

Starting the New Year Off Right

One thing I love the most about the New Year is that it’s a chance to start over and get things right this time. This is how you should look at your small business bookkeeping.  Who cares if last year you got so your have a chance to do things differently.   Here are some hints and tips to start the New Year off right: Create a good filing system.  Take the time to file away the old and make... View Article

February 9, 2014 6:55 pm Published by Leave your thoughts

Time Management: Schedule for Success

How many times have you sat in your office, scanning a news website or (gasp) checking your Facebook because you have a meeting in 15 minutes and there is no point in starting something new?  A big part of time management is learning to organize your time more effectively. One helpful tip is to schedule your meetings for first thing in the morning, or for directly after lunch, so that you don’t have gaps in your schedule.  If you start... View Article

December 15, 2013 6:56 pm Published by Leave your thoughts