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4 Accounting Tips for Freelancers
Freelancing offers the freedom to work on your terms, but it also comes with the responsibility of managing your finances effectively....

Onyx Accounting
Aug 26, 20243 min read
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How AI and Automation Are Changing the Accounting Industry
The accounting industry is undergoing a significant transformation, driven by advancements in artificial intelligence (AI) and...

Onyx Accounting
Aug 23, 20244 min read
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How to Scale Your Business Without Breaking the Bank
Business growth is an exciting prospect for any entrepreneur. It signifies success, increased revenue, and the potential for long-term...

Onyx Accounting
Jul 9, 20243 min read
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Tax Implications of Hiring Seasonal Employees
For many Canadian businesses, particularly those in retail, tourism, and agriculture, hiring seasonal employees is a necessity. While...

Onyx Accounting
Jul 5, 20243 min read
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How to Handle Late Payments and Maintain Healthy Cash Flow
For small business owners, maintaining healthy cash flow is crucial for operational stability and growth. However, late payments from...

Onyx Accounting
Jun 23, 20242 min read
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Financial KPIs Every Small Business Owner Should Track
Keeping a close eye on your small business’s financial health is crucial for long-term success. Financial Key Performance Indicators...

Onyx Accounting
Jun 19, 20242 min read
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Understanding the Difference Between a Bookkeeper and an Accountant
When it comes to managing the financial aspects of your business, you may have heard the terms "bookkeeper" and "accountant" used...

Onyx Accounting
May 24, 20242 min read
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Why Consistent Bank Account Reconciliation is Key
Bank account reconciliation is a crucial aspect of maintaining accurate financial records for your small business. It involves comparing...

Onyx Accounting
May 24, 20242 min read
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Mastering QuickBooks with Expert Guidance
QuickBooks stands as a cornerstone in the realm of accounting software, empowering businesses of all sizes to streamline their financial...

Onyx Accounting
Apr 29, 20242 min read
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Six Benefits of Outsourcing Your Accounting Needs
Running a small business involves juggling multiple responsibilities, from managing operations to serving customers. Amidst these...

Onyx Accounting
Apr 24, 20243 min read
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Surviving an Audit: Tips for Small Businesses to Ensure Compliance
The mere mention of an audit can strike fear into the hearts of many business owners. However, with proper preparation and a clear...

Onyx Accounting
Mar 26, 20243 min read
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Spring Clean Your Finances
As the days grow longer and the promise of warmer weather beckons, spring presents the perfect opportunity to refresh and renew — not...

Onyx Accounting
Mar 19, 20243 min read
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The Ultimate Tax Season Checklist for Small Businesses
Tax season is upon us and it’s a period of time that demands meticulous preparation and organization. To alleviate the stress associated...

Onyx Accounting
Feb 29, 20243 min read
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How You Can Prepare for Tax Season Early
Tax season is almost among us, and it’s a time that often brings a mix of anticipation and anxiety. However, with strategic planning and...

Onyx Accounting
Feb 20, 20242 min read
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Planning for Growth in 2024
As the new year unfolds, small business owners embark on a journey of possibilities, seeking avenues to propel their ventures toward...

Onyx Accounting
Jan 11, 20242 min read
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8 Essential Financial Goals for Canadian Small Businesses
As the new year begins, it's an opportune time for small business owners to reflect on their financial strategies and set business goals...

Onyx Accounting
Jan 5, 20242 min read
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Thoughtful Holiday Gift Ideas for Your Accountant
The holiday season is a time for giving, and expressing gratitude to those who've supported us throughout the year is a heartfelt...

Onyx Accounting
Dec 18, 20232 min read
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Understanding Bonus and Incentive Accounting for Canadian Small Business Owners
As the year draws to a close, businesses often consider rewarding their hardworking employees with bonuses or incentives. However, beyond...

Onyx Accounting
Dec 14, 20232 min read
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The Importance of Budgeting for Holiday Expenses
The holiday season brings joy, festivities, and a surge in business activities. For small businesses, this time offers a remarkable...

Onyx Accounting
Nov 20, 20232 min read
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Year-End Financial Planning for Small Businesses
As the year draws to a close, it’s a great time for small business owners to assess their financial health, make strategic decisions, and...

Onyx Accounting
Nov 16, 20233 min read
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