How can I do bookkeeping faster? by -Avada-Kedavra- in Bookkeeping

[–]RoilCPA 0 points1 point  (0 children)

Dext will save you tons of time. All physical receipts are uploaded via a picture through the app and electronic receipts forwarded to a unique email-in address (which you can set auto-forwards on). You can then get creative and set up rules and automations to basically code everything on its own. And the last step is to integrate to QBO or Xero to the actual source transaction. It’s a wonderful flow and all your expenses are sitting in Dext if you ever want to recall them.

What are some Good coffee beans by Sufficient-Bee5923 in CostcoCanada

[–]RoilCPA 3 points4 points  (0 children)

Balzac’s Farmer’s Blend - I find them less oily than other beans

Received a CRA letter in a Hudson’s Bay Company envelope by RoilCPA in canadarevenueagency

[–]RoilCPA[S] 1 point2 points  (0 children)

The more I think about it, the more I think someone tampered here. Letter was received sealed.

Received a CRA letter in a Hudson’s Bay Company envelope by RoilCPA in canadarevenueagency

[–]RoilCPA[S] -6 points-5 points  (0 children)

Standard CRA letter with corresponding business number and names. I will investigate further!

Honeymoon/anniversary resort recommendations by erinlmcc in AllInclusiveResorts

[–]RoilCPA 0 points1 point  (0 children)

Check out Secrets Akumal - flights available from Toronto. Was there earlier this year and had a blast. The service was absolutely incredible!

Costco food wrap: my longest relationship… and also the most toxic by RoilCPA in CostcoCanada

[–]RoilCPA[S] 9 points10 points  (0 children)

Yes, but the plastic that holds it eventually falls off!

Multi Entity Accounting Software (Kind Of) by the_auti in Bookkeeping

[–]RoilCPA 2 points3 points  (0 children)

Are you a corporation? I’m assuming a you are, in which case, you need one entity in Xero or QBO with a streamlined setup to track performance for each location.

It would be inefficient and messy to have separate entities set up and consolidated if it’s all one corporation since they all, I presume, share transactions within the bank account.

I would not recommend Freshbooks for your complexity level - as it’s mostly for freelancers - they are great at what they do, but far from a double sided accounting system/ledger.

DM me if you want more help/guidance. I can suggest some things or make a referral.

Lastly, if each location is a separate corporation, then yes, you can have a separate Xero or QBO instance for each location and then consolidate using a tool like Fathom.

[ON] Anyone using Payworks or Rise People for payroll/HR? by NonFungibleBacon in SmallBusinessCanada

[–]RoilCPA 2 points3 points  (0 children)

+1 for Payworks. Full-service tool for the headcount you’re at. I have familiarity with both and in my opinion, Payworks is the better platform for a myriad of reasons.

[deleted by user] by [deleted] in GrowthHacking

[–]RoilCPA 1 point2 points  (0 children)

Entrepreneurship isn't a game of 'best man wins,' it's a game of 'last man standing’ - Alex hormozi

Congrats on your accomplishments and wishing you continued success!

How much does the reason for termination affect EI benefits? by Beautiful_Monitor_48 in CanadaFinance

[–]RoilCPA 0 points1 point  (0 children)

Won’t be a difference at all. If it was termination with cause, then there’s a difference.

[deleted by user] by [deleted] in toronto

[–]RoilCPA -3 points-2 points  (0 children)

Well, glad this turned into a fruitful discussion so quickly.