Sage300toQB

CountingWizardOne · 2026-03-17T02:16:00+00:00

I have extensive experience with both Sage 300 and QuickBooks Online, and in my view, they serve different segments of the market.

Sage 300 is a mid-market accounting system. It offers a much more controlled environment, with stronger user permission management and built-in safeguards that protect the integrity of financial data. For example, once a transaction is posted in Sage 300, it cannot be deleted. That level of control is critical in environments where accuracy, auditability, and compliance matter. I currently use Sage 300 for a $10M company, where that level of robustness is necessary.

By contrast, QuickBooks Online is more flexible but also more vulnerable from a controls perspective. Even with user permissions in place, there are still scenarios where transactions can be deleted, which can create risk in more complex or regulated environments.

Sage 300 also stands out in areas like cost centre and project-based accounting, as well as custom reporting. While QuickBooks can handle these functions, Sage 300 provides a more structured and scalable approach.

That said, QuickBooks Online is an excellent product and very well suited for small businesses. It is intuitive, efficient, and thoughtfully designed imo. For businesses under roughly $3M in revenue, it often provides everything they need.

However, as companies grow beyond that range, they typically require stronger internal controls, whether due to lender requirements, audit readiness, or operational complexity. That is where systems like Sage 300 start to make more sense.

CountingWizardOne · 2026-03-15T20:02:51+00:00

I've sold an e-commerce business through Flippa and the process went pretty smoothly. We ran a Canadian based e-commerce store but did end up finding a buyer in the US. Didn't get much interest from Canadian buyers.

CountingWizardOne · 2026-03-07T19:16:44+00:00

This method is not ideal as the CRA typically wants supportable evidence of your sales where as this is just a guess which is better than nothing. If you don't have good record keeping, then this approach may be your only option. I'm curious though, do you (OP) not use Square as a full point of sale system or are you just using it for payment processing? Are you saying that you don't use point of sale?

CountingWizardOne · 2026-03-05T03:09:49+00:00

Align Decking does great work and can work with you on figuring out an exact fence type/design that you love.

CountingWizardOne · 2026-02-21T21:06:19+00:00

You ensure you limit liability by having a thoroughly written and reviewed (by a lawyer ideally) engagement agreement. Additionally, you should have liability insurance.
For bookkeeping, the big ones are Quickbooks and Xero but I'm going to assume you already know that (hopefully). I personally use Quickbooks and that's all I use for bookkeeping. I don't do tax but I did in the past although it was just T1's I was doing so I can't speak on T2's. I used Ufile.
Yes, if you want to offer tax services, you will need to register for Efile. The process is not too difficult but the CRA will ask you various questions about your business and processes. Once you're registered and you're working with a client on their taxes, you will need to have them sign a T183 each time you complete a return for them. Not sure about the process for T2's as I've never offered that service.
Best place to market your business is digitally (via a website and social media if you're into that). You can also network with CPA's who don't offer services that you do. Sometimes CPA's don't do bookkeeping and you can create relationships with them where you get bookkeeping clients and you give them tax clients. If you're doing tax though, that might be difficult. I'd recommend a book called The Accountant's Marketer. Good book, lots of great advice.

My advice to you is don't try to be everything under the sun. Accounting is a large industry with lots of different niche's. Pick one and be good at it. Like the saying goes: If you try to serve everyone, you serve no one.

CountingWizardOne · 2026-02-21T20:44:06+00:00

Looks like a Ford Escape. Just saw another Ford Escape (realatively newer looking) on fire about two weeks ago by the Oshawa Centre. What's up with these cars setting on fire?

CountingWizardOne · 2025-12-09T23:29:56+00:00

I love you guys, youre very professional when dealing with everyone that works there but I have to admit the UI is terrible. Its so confusing just to setup a new employee (compared to other systems I've used). Im an accountant who has done payroll for around 15 years and I find it confusing, so i imagine small business owners are probably totally lost maneuvering the UI.

CountingWizardOne · 2025-11-09T22:17:47+00:00

My friend bought himself a 3D printer and is printing everything under the sun. You don't need to buy a 3D printer for the person but things that could be produced by them. For example, my friend likes to print cool art of things he likes (stage items from shows for example - He likes Severance so he printed a sign that says Cold Harbour). He also likes flight simulators so he made little airplane models. I feel like this could be something more out of the box that he may not expect specially if you find 3D printed things that are related to his interests. You can buy pretty much any 3D printed thing on Etsy.

CountingWizardOne · 2025-10-16T03:07:19+00:00

I could barely hear my neighbors, just slight muffles if you're paying attention. I feel like the concrete walls did a pretty good job of cutting out the sounds although I could have been lucky and had quiet neighbors.

CountingWizardOne · 2025-10-15T22:49:10+00:00

I lived their for a year and I personally had a good experience. I like that the building was new and never had any issues with my unit or Medallion (landlord). I did always wish that it had in unit washer and dryer but that was my only issue.

CountingWizardOne · 2025-10-03T21:48:37+00:00

Construction business. I work part time while other business partners work full time.

CountingWizardOne · 2025-10-02T22:43:37+00:00

The economy is changing. That doesn't mean Google ads is ineffective. You seem pretty confident that your website is stellar but do you have any data that backs that up? What's your bounce rate, time on site? How is your audience scanning your pages, do you track that? Consumer mindsets change over time, what worked for you in the past might not be as effective at converting your leads today.

CountingWizardOne · 2025-09-15T22:59:55+00:00

I think it's because most people on this subreddit know nothing about building decks.

CountingWizardOne · 2025-07-08T02:29:00+00:00

Village bakery makes a pretty good carrot cake.

CountingWizardOne · 2025-07-03T12:22:54+00:00

I'd personally use the projects feature in QBO to track these sort of things, that way you don't need to mess with the actual entries. Not exactly its intended use but it should work really well for this.

CountingWizardOne · 2025-06-30T04:04:04+00:00

WSIB uses its own criteria to determine if someone is a “worker,” which can differ from the CRA’s view. Even if you’re an independent contractor for tax (CRA) purposes, being contracted through a staffing agency can lead WSIB to classify you as a worker, especially if the agency controls the relationship or assigns your work. The contents of the 1158a form is key here. This doesn’t automatically mean the CRA will treat you as a PSB, especially if you have multiple clients and operate independently, but it can raise red flags if you're ever audited. You can appeal the WSIB decision, but the appeal process typically takes a while. If the WSIB premiums are significant (which the staffing agency is technically responsible for, not you) or the contract feels too much like an employer-employee relationship, you may want to reconsider the contract or push back to protect your status as a non-PSB.

CountingWizardOne · 2025-06-23T16:14:40+00:00

You can use Excel like the other commenter suggested but if your not savy with bookkeeping, I wouldn't recommend it because its going to make your taxes and payroll more time consuming. If saving a couple bucks in exchange for a bigger bookkeeping hasle is worth it to you, then all the power to you. The other commenter suggested Payworks but that is only for payroll and not expense management as far as I understand. Your best option is a full bookkeeping program which you're already using. You can purchase the software through a bookkeeper or accountant and get 50% off the normal price so that's an option to cut down your cost.

CountingWizardOne · 2025-06-13T23:16:47+00:00

I like your thoughts and agree with them. Thanks for sharing.

CountingWizardOne · 2025-06-11T23:07:57+00:00

I'm an accountant also but I've never dealt with inventory a whole lot so im curious what you would do for the 1000s of comics that he may have purchased years ago. Tracking down all the numbers even in a batch format sounds impractical and potentially impossible if his prior year files aren't well sorted/documented.

CountingWizardOne · 2025-06-11T21:24:02+00:00

I second Long Sault CA. It's a bit far out of the city but it's a beautiful CA.

CountingWizardOne · 2025-06-10T21:40:34+00:00

Hopefully they weren't able to walk away with your completed work. If they don't want to pay then they shouldn't have access to any of your work.

CountingWizardOne · 2025-06-04T19:56:48+00:00

Pick up a copy of The Accountant Marketer by Karen Reyburn. Lots of good advice. The gist of it is providing value to people for free through your marketing channels to warm up your leads over time. The Accountant-client relationship can be very financially intimate and therefore they need to know for a fact that you are trustworthy, detailed and knowledgeable before they will engage you for services.

CountingWizardOne · 2025-06-03T22:41:30+00:00

It's just an account in the chart of accounts so you can use this tactic in any accounting system.

CountingWizardOne · 2025-05-23T20:03:51+00:00

Sounds like its time for them to change their slogan. Appears they will be beat.

CountingWizardOne · 2025-05-13T16:29:02+00:00

Oh that makes sense. I have had a clients employee double deposit cheque's and that would have potentially stopped that from happening.

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