As a busy businessman, handling the financial aspects of your business can prove to be a difficult task. To ensure that your financial records are at their impeccable best, it’s advisable to enlist the services of a bookkeeping firm to help you maintain your books. 

At Infinite Accounting Solutions, we understand that year-end financial preparations can be quite a challenge. The procedures and paperwork involved can be viewed as stressful or laborious, but with a little training, you can handle your year-end preparation quickly and easily.

It’s mandatory for businesses to prepare proper accounts so that they are compliant with the regulations set out by the Canada Revenue Agency. Maintaining financial information will also keep you up to date on how your company is doing.

Happy Holidays from Infinite Accounting Solutions. Wishing you a joyous and safe holiday season, and a happy New Year 2020!

We would like to inform our clients that our office will be closed on December 25, 2019, and will reopen on December 26, 2019, from 10 am to 2 pm. 

Quickbooks and Sage 50 are widely acclaimed accounting softwares designed for businesses to manage sales, expenses, and daily transactions. They are designed to streamline business accounting, tracking, and reporting. They also guarantee that the process of managing your company finances is much easier.

Effective accounting and bookkeeping can allow you to test the success of your business strategies and helps you reach your year-end goals. However, when searching for professional services, clients often have a ton of questions but find answers to these questions difficult to come by. To ensure you have all your doubts cleared and are armed with the most accurate information available, Infinite Accounting Solutions has answered a few of the most frequently asked questions about accounting and bookkeeping.

Happy Holidays from Infinite Accounting Solutions. Wishing you a joyous and safe holiday season, and a happy New Year 2019! We thank you for your business, and we look forward to our continued relationship in 2019!

Change is the only constant in the world, and when it comes to accounting, understanding how you can keep up with changes and technological advancements is vital to your business. One change that has been positively affecting the accounting field in recent years has been the cloud-based accounting software. Knowledge of these accounting programs will save you a ton of time and money.  

For most business owners, bookkeeping is probably their least favorite task. However, if you’re running a small business, you have to make sure you stay focused on accounting. If you don’t manage debt, receivables, and marketing expenses accurately, your company will sink before it grows.

Every industry has its own language and terms. These words and phrases can be confusing to anyone who is not part of the daily operations of a specific industry, and accounting is no exception.

At Infinite Accounting Solutions, we’re proud of the work that we do. But, instead of telling you why our customers love us, we’ll let them do the talking! Here’s what some of our customers are saying about us lately:

We are delighted to announce the launch of our new website!

Our new website provides our existing and prospective clients a simple yet interactive view of our work and the services we offer.

New Website Coming Soon!

Please be advised that our services may not be available on the following days:

Find out all about holidays in this link.

WorkSafeBC announces that the average base rate for 2017 is dropping from 1.70% to 1.65% of employers' assessable payroll.

Good at creating revenue but unsure of what else is required to start a business? The Canada Revenue Agency has videos online to assist you with the business process. Click on the link below for more information.

Have you filed your taxes yet?

The filing due date for self employed individuals is June 15, 2013. However, the due date to pay any amounts outstanding is April 30th. Amounts not paid before this date is subject to interest charges.

Your 2012 personal income tax return must be filed by April 30, 2013.

For self-employed individuals (including spouse/common law partners), your personal income tax return must be filed by June 15, 2013. However, any 2012 balances owing must be paid by April 30, 2013 to avoid a late penalty fee.

On April 1, 2013, B.C. will return to a provincial sales tax (PST) system.

The PST is a retail sales tax that is payable when a taxable good or service is acquired for personal use or business use, unless a specific exemption applies.