Bookkeeping & Tax Service

This website was born from a desire to empower small business owners with the knowledge and tools they need to confidently manage their own finances. Founded in 2009 by a retired certified professional bookkeeper, this site aims to demystify the world of bookkeeping, making it accessible and understandable for everyone.

Our journey began with the goal of providing affordable bookkeeping guidance to those who couldn't afford dedicated support. Over the years, the site has evolved into a comprehensive resource, offering a wealth of practical information and insights covering a broad spectrum of bookkeeping topics. We understand that running a small business is a demanding endeavor, and we strive to make navigating the financial landscape as smooth as possible.

Serving Canadian and U.S. Based Businesses

Bookkeeping Essentials is designed to cater to the needs of sole proprietors and home-based business owners in both Canada and the United States. Whether you're just starting your entrepreneurial journey or have been in business for years, we believe that a solid understanding of bookkeeping is essential for success.

We recognize that not every business owner possesses an extensive background in bookkeeping. That's why we've structured our content in a conversational and accessible manner, avoiding jargon and providing clear, concise explanations. Think of us as your friendly guide, walking you through the often-confusing world of debits, credits, and financial statements.

A Focus on Practical Knowledge

Our content goes beyond theoretical concepts, focusing on practical, actionable advice that you can immediately apply to your own business. We provide step-by-step instructions for common bookkeeping tasks, offer tips on how to avoid common mistakes, and equip you with the knowledge to confidently manage your own financial records.

Retaining Control of Your Finances

Beyond the technical aspects of bookkeeping, our aim is to empower you to take control of your business finances. Through clear explanations and insightful discussions, we help you understand the bigger picture, allowing you to make informed decisions about your business's financial health. We want you to feel confident discussing financial matters with your accountant, banker, or anyone else who plays a role in your business's financial well-being.

Content Categories

Our website is organized into several key sections to make it easy to navigate and find the information you need:

• Systems: Dive into the foundation of efficient bookkeeping, exploring topics such as chart of accounts, virtual workflow, and filing systems.

• Accounting:

Gain a solid understanding of accounting principles and practices, including bookkeeping guidelines, month-end preparation, and commonly encountered bookkeeping entries.

• Compliance:

Navigate the complexities of tax compliance in both the United States and Canada. We provide resources and guidance on relevant regulations and forms, ensuring you stay on the right side of the law.

• Reporting: Learn how to interpret financial reports, including balance sheets, income statements, and cash flow statements. Understand key financial metrics and how they reflect the health of your business.

• Financial Planning:

Develop a plan for your business's financial future. We offer insights on budgeting, forecasting, and managing cash flow.

• E-Books:

Access in-depth guides and resources on specific bookkeeping topics, including month-end procedures and helpful checklists.

Continuing to Grow and Evolve

As a website dedicated to providing up-to-date information, we are constantly evolving and adding new content. We strive to keep our resources relevant and helpful, reflecting the ever-changing world of business and finance.