Accounting Software for Micro-Businesses – Dashboards (Part 3)

KEEP IT SIMPLE STUPID by Rob Farrow, SBA (www.suttoninnovation.com) The accounting strategy we recommend for small, high-tech startups is to use naturally-generated information prepared by others during the year, as an accurate source of cash-basis accounting data. This includes bank and credit card accounts, PayPal, and supplier accounts (e.g. BestBuy, Staples or Amazon) as the … Read more

Small Business Accounting Challenges by Business Size

Management Tool or Wishful Thinking? by Rob Farrow, SBA (www.the-hatchery.org) I’ve worked with tech startups and small businesses in Canada for decades. As a former tax auditor with Canada’s tax department, a manager and senior manager at two of Canada’s largest audit firms, and as an independent tax professional, I’ve consistently seen issues with the … Read more