About Alissa Bryden

Entrepreneur, Accountant and Business Coach.
Thanks for reading! To connect you can email me alissa@vhaccounting.ca or follow me on LinkedIn.

Xero for the Amazon Seller – FBA Accounting in Canada

By | January 17th, 2018|Uncategorized|

Are you an Amazon seller looking to streamline your accounting for your Canadian corporation? There are a lot of great cloud accounting software to choose from. As a Canadian cloud accountant based in BC, I have seen Xero work great for a variety of online retail companies.  It is a great choice for the Amazon FBA (Fulfillment by Amazon) Seller. Why Xero for Amazon Sellers? Xero integrates with A2X – A2X provides simple automated Amazon accounting by importing your Amazon transactions directly into Xero for easy reconciliation. Xero has multi-currency to satisfy your reporting requirements in Canada if you have both [...]

What is ERP?

By | October 25th, 2017|Uncategorized|

When explaining the benefits of cloud accounting, I often tell people that with cloud accounting you can build your own ERP system as you grow. So the obvious next questions is what is ERP? ERP stands for Enterprise Resource Planning and is the systems in place that facilitate the processes that make your business work as you grow and scale. When I implement an ERP system for a client, I start with the accounting software. Then I incorporate other systems and processes based on the needs of the business. For example, maybe you require a project management software for your business [...]

How to 10X your Growth in 3 Steps

By | October 18th, 2017|Business|

The world is in an exiting time where the ability to 10X your company is at anyone's reach. I have been speaking lately with numerous entrepreneurs who have 10X'd their companies then sold them (sometimes they have sold multiple companies). I was very interested in the 10X or die mentality and wanted to share some of the key takeaways from these conversations. In the tech game, this has come to be a common terminology. The concept is that either you out-innovate and grow quickly or get squashed when someone else does. This originally tech based mentality is spilling out into a [...]

Do I have to Charge Hotel Tax on my AirBnB (in BC and Alberta)?

By | September 20th, 2017|Uncategorized|

Many business owners are investing in real estate and with AirBnB the ability to make a return on providing short-term rental accommodation is easier than it ever was before. The questions I get is do I have to charge hotel tax on my AirBnB rental? The answer is different depending on where you are. In this article we will specifically address BC and Alberta. British Columbia What was previously called "Hotel Tax" is now administered by the Ministry of Finance under PST. The rate of PST for accommodations is 8%.  Owner's of short term rental units (including AirBnB's) are only required [...]

The Entrepreneur – The Grunt and the Glory

By | September 13th, 2017|Business|

I had the honour this week of finding out I was nominated for a Professional Service Award by the local Chamber. This was incredible humbling as I know the nomination came from clients happy with my service. At only a year in, I felt that was a great milestone achievement to be recognized with so many other great businesses and business people. Just before hearing this, I was listening to a business podcast about how many people see the glory of Entrepreneurs but few see the work that goes into it. I thought about this comment a lot and when I [...]

My Top 4 Business Podcasts (This Week)

By | September 6th, 2017|Uncategorized|

I am a podcast junkie. I love learning via tuning into an audio podcast. I have always had a thirst for learning and love podcasts because they can fit into my everyday life (drives, runs or when working on something that can stand background noise). If you have not become a podcaster yet, I recommend you try it. I find them informative, entertaining and motivational and learn something new from each one. You are not going to learn much from Ed Sheeran on your local pop rock station! These are the five most on my radar this week. Oh and if [...]

Lean Accounting: What it is and Why your Business Needs it

By | June 28th, 2017|Accounting, Business|

Lean Accounting is the next big movement for companies looking to gain an edge. The term "lean" was coined in the 1990's to refer to the systematic reduction of waste in the manufacturing process. The purpose is to get rid of anything that does not add value to the product. Lean accounting is the same application except applied to the accounting process. This is not a new term, however, it is made all the more powerful by the opportunities presented with new technology. Your company can reduce the non-value adding processes of your accounting. The effects of this will be: Less [...]

How Do I Fire My Accountant?

By | June 14th, 2017|Business|

Are you thinking of leaving your current Accountant? In my experience, this can be a very stressful topic for business owners. They are unhappy and want to find a new advisor but they hold back. People do not like conflict and feel a sense of loyalty. When they discuss this conflict with me I have one question for them: Why were you thinking of switching? Poor Customer Service The most common response relate to the service they receive. I recently spoke to a business owner who was one year behind in filing their tax returns. They brought the books to their [...]

How to Make Yourself More Productive (and Happy): A Review of Jeremie Kubicek’s Book called 5 Gears

By | June 7th, 2017|Uncategorized|

My husband is in an executive leadership training program and introduced me to the book 5 Gears: How to Be Present and Productive When There is Never Enough Time. The author is Jeremie Kubicek and the book is essentially a work/life balance book. There are a lot of these types of work life balance and productivity books out there but I liked the way it expressed the ideas and think he (the author) offered some very easy ways to follow the mantra. Here is a summary of the gears he explains: 1) Recharge 2) Connecting Deeply 3) Social 4) On Task [...]

Airbnb: Impacts on the Tourist Economy

By | May 31st, 2017|Technology|

I was recently standing in line and the two individuals (who did not appear to know each other) were discussing Airbnb. The one individual had made a positive comment about one she had used on a recent trip. The other retorted (rather harshly) that they were making local hotels suffer here and impacting the tax base. She thought they should all be shut down. The individual who had been scolded looked like they wanted to say more but just shrugged and turned away. I stayed quiet through the exchange but it had made me thoughtful of the effect of technology. Something [...]