The Importance of Budgeting and Forecasting Series: Forecasting in Business
Forecasting isn’t just for the weather. As part of the budgeting process, forecasting in business is a valuable tool for making informed decisions. (This is part three of our four-part series about budgeting and forecasting. If you’re new to our blog, check out...
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The Importance of Budgeting and Forecasting Series: Budgeting Strategies
Budgeting in business is vital and today we’re going to highlight some budgeting strategies that ensure your budget helps you reach your goals. “A budget that is well thought out and constructed properly allows a business to track their progress, to find out...
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The Importance of Budgeting and Forecasting Series: Budgeting in Business
If there’s one simple thing you can do to start the year off right for your organization, we’d have to say budgeting in business is vital. Think about it: If you are going on a trip, you can either plan things out or hit the road and see what happens. If you have an...
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Inventory management solutions and why they’re vital
Keeping track of your inventory requires more than just counting items and stocking shelves. Finding an accounting team that understands and offers inventory management solutions is extremely important. Proper inventory management is quite a complex process and...
read more2021 Canadian Payroll Tax Changes
Happy New Year from your team at Finatics Accounting! Below is a summary of 2021 Canadian payroll tax changes that will be in effect starting January 1, 2021: Federal Personal Tax Credits increase from $12,421 to $13,808. The 2021 TD1 forms are now available on...
read moreMeet Your Team -Yuliya your Accounting Clerk
The ability to solve problems, prioritize tasks, and great attention to detail make Yuliya Shevchuk an exceptional Accounting Clerk and a great addition to our Virtual Accounting Team. Yuliya earned her diploma in Business Administration with a major in Accounting at...
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10 reasons why hiring a Virtual CFO benefits your business
Nowadays, more and more Canadian companies are hiring a Virtual CFO when they need a senior accounting executive to analyze financials and oversee financial planning. This works especially well for growing startups and small- to medium-sized businesses. Here are the...
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Outsourcing your Accounting Team: What are the benefits?
To outsource or not to outsource? That is the question we’re exploring here today — outsourcing your accounting team specifically. Many companies in today’s economy will outsource aspects of the business like marketing, social media, and human resources....
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Prepare for year-end with our top 10 things to do checklist
The days are shorter and it’s not long now till we ring in a New Year. If you’re an Accountant like me, you know it’s not long till many businesses have to prepare for year-end. The countdown is on! (Behind on the bookkeeping for your business? Don’t...
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Why keeping accurate and up-to-date accounting records is vital
Routine car maintenance. Weekly house cleaning. Yearly furnace cleaning. Doing these things regularly can save a lot of time — and sometimes a lot of money — in the long run. Similarly, keeping clean and accurate accounting records is really important. Not only...
read moreRecent Posts
The Importance of Budgeting and Forecasting Series: Forecasting in BusinessIn BlogFebruary 24, 2021
The Importance of Budgeting and Forecasting Series: Budgeting StrategiesIn BlogFebruary 11, 2021
The Importance of Budgeting and Forecasting Series: Budgeting in BusinessIn BlogJanuary 27, 2021
Inventory management solutions and why they’re vitalIn BlogJanuary 14, 2021- 2021 Canadian Payroll Tax ChangesIn BlogJanuary 6, 2021
- Meet Your Team -Yuliya your Accounting ClerkIn BlogDecember 15, 2020
10 reasons why hiring a Virtual CFO benefits your businessIn BlogDecember 2, 2020
Outsourcing your Accounting Team: What are the benefits?In BlogNovember 18, 2020
Prepare for year-end with our top 10 things to do checklistIn BlogNovember 4, 2020
Why keeping accurate and up-to-date accounting records is vitalIn BlogOctober 21, 2020