Call now toll free at 1-844-8VHACCT (1-844-884-2228)|info@vhaccounting.ca
TwitterLinkedInEmailSkype

How to Invite Your Accountant to Xero

By |2022-08-16T15:29:14+00:00July 29th, 2022|Technology, Xero|

The Xero accounting app makes it super easy to invite your accountant to access your books and records. With the invite a user feature, in just a few clicks, your accountant will have access to your books. Here’s how to invite your accountant to Xero in five simple steps. From the dashboard, click on your business name and go to “Settings.”  Then select “Users.”  In the top right, you should see a green button that says “Invite a User.” Click on this. Now enter your accountant’s name and email then check the box that says, “Business and accountant.” We also recommend [...]

Read More
Comments Off on How to Invite Your Accountant to Xero

No-Code Accounting: What It Is and Why You Should Use It

By |2022-08-16T15:25:00+00:00July 20th, 2022|Accounting, Business, Technology|

No-code accounting is a term that you may have heard floating around the internet lately. But what does this mean? Simply put, no-code accounting is an approach to accounting that doesn't require any coding skills.  You may be thinking, but I have never had to know how to code when bookkeeping before. You are right, individual software does not require coding. The term "no-code" refers to building connections between apps that are not already connected.  This can be a huge advantage for small business owners who don't have time to learn how to code or don't want to spend the money [...]

Read More
Comments Off on No-Code Accounting: What It Is and Why You Should Use It

The Best Year End Date for Your Canadian Corporation: Why December Isn’t the Best Choice

By |2022-07-23T20:06:22+00:00July 12th, 2022|Accounting, Business, Taxes|

When it comes to choosing a year end date for your Canadian corporation, there are a few things you need to take into account. Many business owners choose December 31st as their year end date. They think it will be convenient because it is the end of the calendar year, but this isn't always the best choice when it comes to tax planning. Continue reading to learn what you should consider when choosing a year end date for your corporation. The Best Year End for Tax Planning In Canada, your year end date is set when you file your first corporate [...]

Read More
Comments Off on The Best Year End Date for Your Canadian Corporation: Why December Isn’t the Best Choice

Charitable Donations in Canada: How to Save the Most Tax

By |2022-07-20T02:02:38+00:00July 3rd, 2022|Business|

As a business owner in Canada, you may be wondering the best way to make charitable donations. Should you make charitable donations through your corporation or personally? There are specific guidelines when it comes to both options. Tax credits and deductions can only be claimed if you adhere to those guidelines.  In this blog post, we'll explore the ins and outs of making charitable donations, through your corporation or personally, and help you decide which option is best for you. What is the charitable donation tax credit? The charitable donation tax credit is a non-refundable tax credit you can claim on [...]

Read More
Comments Off on Charitable Donations in Canada: How to Save the Most Tax
Go to Top