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Business Accounting Guides

Step-by-Step Guides • Practical Tutorials • Financial Planning • Toronto Expertise

Master accounting and business finance with our comprehensive step-by-step guides. From tax preparation to business setup, our practical tutorials provide clear instructions to help Toronto businesses and individuals navigate complex financial processes with confidence.

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Recent Guides

Stay up-to-date with our latest step-by-step guides and tutorials for Canadian business owners

BUSINESS SETUP Updated December 15, 2024 15 min read

Complete Guide to Starting Your Business in Ontario: From Idea to Registration

Everything you need to know about starting a business in Ontario. This comprehensive guide walks you through business planning, choosing a business structure, registration requirements, permits and licenses, and setting up your accounting systems.

Business Setup Team
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TAX FILING Updated December 10, 2024 20 min read

Step-by-Step Guide to Filing Your First Corporate Tax Return

Filing your first corporate tax return can be intimidating. This detailed guide breaks down the entire process, from gathering required documents to completing each section of the T2 return, with practical examples and common mistake prevention tips.

Tax Preparation Team
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SOFTWARE SETUP Updated December 8, 2024 18 min read

Complete QuickBooks Setup Guide for Small Businesses

Set up QuickBooks correctly from day one. This comprehensive guide covers company file creation, chart of accounts setup, customer and vendor management, inventory tracking, and integration with banking and payroll systems.

Accounting Software Team
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FINANCIAL REPORTING Updated December 5, 2024 14 min read

How to Create Professional Financial Statements for Your Business

Learn to prepare accurate and professional financial statements including balance sheets, income statements, and cash flow statements. Includes templates, examples, and step-by-step instructions for small business owners.

Financial Reporting Team
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BUSINESS PLANNING Updated December 1, 2024 25 min read

Business Plan Template and Guide: From Concept to Funding

Create a professional business plan that gets results. This comprehensive guide includes downloadable templates, financial projection worksheets, market analysis frameworks, and tips for presenting to investors or lenders.

Business Advisory Team
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Guide Database

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BUSINESS SETUP Updated December 15, 2024 15 min read

Complete Guide to Incorporating Your Business in Ontario

Step-by-step instructions for incorporating your business in Ontario, including required documents, fees, and timeline expectations.

By Legal & Business Team Read Guide
BUSINESS SETUP Updated December 12, 2024 10 min read

How to Register for a Business Number with CRA

Complete walkthrough of registering your business number with the Canada Revenue Agency, including GST/HST and payroll accounts.

By Tax Compliance Team Read Guide
TAX FILING Updated December 10, 2024 20 min read

Step-by-Step Corporate Tax Filing Guide (T2 Return)

Comprehensive guide to preparing and filing your corporate tax return, including required schedules and supporting documents.

By Tax Preparation Team Read Guide
TAX FILING Updated December 7, 2024 12 min read

GST/HST Return Filing: Complete Tutorial

Learn how to prepare and file your GST/HST returns accurately, including input tax credit claims and common mistakes to avoid.

By Tax Compliance Team Read Guide
SOFTWARE SETUP Updated December 8, 2024 18 min read

QuickBooks Setup Guide for Small Businesses

Complete setup guide for QuickBooks, including chart of accounts configuration, customer and vendor setup, and initial data entry.

By Accounting Software Team Read Guide
FINANCIAL REPORTING Updated December 5, 2024 14 min read

How to Prepare Financial Statements for Small Business

Learn to prepare accurate financial statements including balance sheets, income statements, and cash flow statements for your business.

By Financial Reporting Team Read Guide
BUSINESS PLANNING Updated December 1, 2024 25 min read

Creating a Business Plan with Financial Projections

Comprehensive guide to creating a professional business plan including market analysis, financial projections, and funding strategies.

By Business Advisory Team Read Guide
LEGAL COMPLIANCE Updated November 28, 2024 16 min read

Ontario Employment Standards and Compliance Guide

Navigate Ontario employment standards, workplace safety requirements, and other compliance obligations for small business owners.

By Legal Compliance Team Read Guide
SOFTWARE SETUP Updated November 25, 2024 22 min read

Sage 50 Complete Setup and Configuration Guide

Detailed tutorial for setting up Sage 50 accounting software, including company file creation, user permissions, and integration setup.

By Accounting Software Team Read Guide

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