The Year End is Fast Approaching.. Here is a handy Year End Bookkeeping Checklist for Small Business Owners

The end of the year is fast approaching for self-employed small business owners. (Sole Proprietors) A Sole Proprietor is a type of business entity that is owned by one individual and where there is no legal distinction between the owner and the business. The owner receives all profits and is responsible for all debts. The [...]

Posted at 12:25 pm on December 13, 2011 | leave a comment | Filed Under: bookkeeping | read on

Worksafe BC & Contractor’s Earnings

  Employers hiring contractors and sub-contractors need to keep track of payments made for work performed. Section 38(1) of the Act requires that every “employer must … keep at all times … complete and accurate particulars of the employer’s payrolls”. This creates an onus on every employer to identify with sufficient specificity in its payrolls [...]

Posted at 5:41 pm on November 25, 2011 | leave a comment | Filed Under: bookkeeping, small business accounting, small business bc | read on

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