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.

Bookkeepers bring in a set of skill to your business that cannot be matched even with the latest technology and accounting software. When using a software, it is possible for you to miss a few digits and commit a costly mistake. Whereas, an experienced bookkeeper will deliver accurate results and also give you a chance to tap into opportune areas that could help expand your business.

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:

Regardless of the size of a company, bookkeeping is an essential part of a business. However, managing ledgers, journals, financial statements, income tax records, and more could get quite overwhelming for business owners. As they focus on company growth, the practice of bookkeeping is neglected which in return negatively affects businesses.

Bookkeeping is an essential part of having a successful business, as it ensures that a firm is aware of its financial reality. This allows the firm to make informed and sound financial decisions at all times.

Thanks for stopping by our blog. If you’re looking for more information about Infinite Accounting Solutions, you’ve come to the right place.

I’m Stelle Sepidoza, proud owner of Infinite Accounting Solutions.

I look forward to sharing my story. I hope that you will enjoy getting to know me better.

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.

Creating the penny costs more than its actual value. To save money, the Government of Canada will no longer create new pennies. Current pennies can still be used as currency; however, most businesses will round up or down your receipt to decrease distribution of the penny.

Welcome to our blog! Here you will find current information regarding anything accounting - from the HST/PST transition to new tax credits created by Revenue Canada.