New reporting lines on Form GST34-3: GST / HST Return Effective Date CRA has introduced a few changes in GST34, GST / HST Return form with effect from May 16, 2016 What has changed? If your business reports sales that include zero-rated supplies made in Canada, exempt supplies and zero-rated exports, you can now report […]
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Welcome to QuickBooks Online Tutorials for SMB! Video 2: Import Masters In this tutorial, we will know how to import masters like customers, suppliers and chart of accounts. You can import master data from any accounting software or excel sheet. QuickBooks Online supports importing master information from CSV or Excel file format. Let’s understand, how to import
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Reduce Unavoidable Costs with Expenditure Control What is Expenditure Control / Quality Expenditure? Expenditure Control as the name suggests is a control over the expenditure incurred but this is not done by cutting down the essential expenses or grudging the business of every penny that would have enhanced the development and growth of business. It
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Outsourcing and Offshoring to India Outsourcing and Offshoring activities are not a modern concept. They have been around since the ancient ages but its prominence has increased in the modern days. Despite many other countries such as China, Philippines and Ireland in the cut-throat competition India has successfully grabbed a large chunk of the offshore
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Introduction Outsourcing is the process of delegating a company’s business process to third parties or external agencies due to various vivid reasons. When Outsourcing is done across national borders, it takes the form of OFFSHORING. Benefits of Outsourcing (Why Outsource Accounting?) Generally a huge chunk of outsourcing is observed in the following fields: Accounting Financial
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QuickBooks Online Tips & Tricks: Setup Recurring Transactions What is Recurrent Transaction? In laymen terms, a recurrent transaction is one which is bound to repeat itself at a pre-determined period of time per se. every month or every week. Examples of such recurring transactions include monthly rent of the house, utility bills etc. How
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What is Quick Turnaround Time (TAT)? In simple terms, turnaround time is the time between the submissions of task and response to the same. As per the Merriam-Webster dictionary, Quick Turnaround time means, “the action of receiving, processing, and returning something in less than 24 hours for most of the orders. Popular acronym for Quick
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Introduction A Computer based system which is used to track, manage and store documents is known as Document Management System (DMS). Such system also offers various features such as tracking of modifications post-final version, date of modifications, details of the person who modified the data, Security access and control etc. In simpler terms, a DMS
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Introduction The Popularity of Cloud Accounting is on all-time high and sores on Cloud 9. But we all know that accounting has been around even before the advent of Paper Money but then with the invention of calculators the accounting process has become quicker and faster and then with computers and cloud accounting, the same
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Learn QuickBooks Online, manage your own Accounting and save cost! BKCProHub is glad to announce the series on QuickBooks Online Tutorials exclusively for SMBs. Having served SMBs for 35+ years as Professional Accounting Firm, we exactly know what SMBs want and what are their problem areas. This is a series of very small videos, mostly each of
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