Small business owners know that the accounting or business admin side of their business is a massive challenge. If left unchecked, it can lead to a mountain of slips and invoices lying all over the place. They run for the hills and only do it when they are forced to or really have to. Even […]
The employee is the most important part of the business engine. Look after them and they will drive your business forward more than you will ever expect. They can be the greatest asset or the biggest liability. This all depends on how they are treated. Here is a basic breakdown of the different types of […]
Everyone has an opinion or attitude towards everything in life. Whether it is outspoken or kept to yourself, you have them. Some attitudes are more subtle than others. This is generally where the attitudes towards accountants come into play. These attitudes are often swayed by public opinion or perceptions. These can be changed in your […]
Accountants have a reputation for being expensive. Admittedly, for a smaller business, accounting fees are a tough pill to swallow. A grudge payment if you will. But affordable accounting is not entirely out of reach.
We have drafted 5 questions to ask your accountant so you know what is required from you and what you can expect from them.
Just as the year is broken into seasons or cycles, the accounting side of your business is also broken into cycles. The first cycle is known as the sales cycle. This cycle is something that is often pretty obvious to most people. However, but many business owners do not complete the cycle, often failing to […]
A fundamental principle in accounting is that everything has to balance. People call it different things, but in accounting, it is called reconciliation. All accounting systems are built on this principle. You cannot unbalance it. The problem here is that there is always room for human error. We are human and certainly not perfect. Sometimes […]
When it comes to business and, in particular, the accounting aspects of it, there are different accounting systems that are suited to different companies. Choosing an accounting system for your business is all about “horses for courses”, to quote a well-worn saying. Some work better for some companies than for others, and no one package […]
Tax season happens every year and there are certain items that are important to remember when submitting your tax return. Whether you do this submission or even if you get a tax practitioner to do it on your behalf, the below are important points to remember: You do not have to submit a return. There […]
BC Accounting Services offers a range of solutions for you and your business. We have expertise in the areas of accounting, tax and payroll. Having said that, we are certainly not experts in everything financial. It is an industry that has a huge scope covering many different industries in the bigger industry. One of these […]
