Featured Series

Over the years I have learned that these clients have had a difficult time finding CPA’s, ProAdvisors, and Developers that are willing, or capable, of offering assistance and support.  Typically it is because:

• They do not feel they understand the eCommerce business model
• They shy away because the concept overall seems mysterious
• The terminology can sound intimidating
• Memories of the dot com days come flooding back, when many eCommerce businesses failed

eCommerce is alive and well, and getting stronger all the time.

by by Roxanne Brown, Professional Business Solutions 4 U, LLC

Featured Series

This month we will wrap up this series by discussing the various relationships we are all involved in – whether we are an Advisor or a Developer.  We will look at some pitfalls that happen along the way, and what we each can do to avoid them, or at least make them more tolerable.   The goal is to have a win-win-win situation for everyone involved.  As I wrote this I realized it was impossible to wrap this up nice and neat this month; the relationships are much more involved than many might realize and it would be a disservice to just gloss over the intricacies of it, with that in mind there will be a Part V of this series.

by Nancy Smyth, Sunburst Software Solutions, Inc.

Regular Feature

PST in Canada

Firstly, it is important to ensure that the PST on purchases is not recorded to its own expense account.  To record PST on purchases to its own expense account produces inconsistencies in the P & L. In addition, the accountant who prepares the year-end tax return cannot possibly decipher where to record the PST on the tax return because the PST originated in dozens of differing expense, Balance Sheet or COG categories. The PST in Canada should be included in the same account as the item or service being purchased (the exceptions are rare).

by Arlene Arlow, Addventive Academy

Featured Series

Regular Series

School is in session and the leaves are changing colours, this means Fall is on its way.

by Dave Bodnarchuck, skOOchie