How to Calculate Your Break-Even Point: A Guide for Small Businesses
Calculate the sales, units or billable hours your business needs to cover costs, then use break-even analysis to test pricing and cost decisions.
Read articleBlog
Bookkeeping tips for business owners who want their time back
Practical posts about weekly books, financial clarity, bookkeeping costs, cleanup, and spending less time on admin.
Weekly updated booksCPA accountant reviewOkanagan roots, Canada-wide
Latest posts
The Accounts Payable Process: How to Manage Bills, Payments and Cash Flow
A practical accounts payable workflow for receiving, approving, scheduling and recording supplier bills without losing control of cash.
Read article
Gross Margin vs. Net Margin: What Each Number Tells You About Your Business
Understand the difference between gross margin and net margin, how to calculate each number, and what margin changes reveal about your business.
Read article
How to Read a Balance Sheet: A Plain-English Guide for Business Owners
A practical guide to reading a balance sheet, understanding assets, liabilities and equity, and identifying the numbers that deserve attention.
Read article
Working Capital Explained: How to Calculate It and Improve It
Learn what working capital means, how to calculate it, what the current ratio reveals, and how to improve short-term financial flexibility.
Read article
Construction Job Costing: How to Track Costs and Profit by Project
Quick summary A construction company can be busy, growing and billing significant revenue while losing money on individual projects. Construction job costing helps owners…
Read article
How to Read a Profit and Loss Statement: A Guide for Business Owners
Quick summary A profit and loss statement is one of the most useful reports a business owner can review, but only when the numbers…
Read article
GST/HST Filing in Canada: Deadlines, Registration and Common Bookkeeping Mistakes
Quick summary GST/HST filing becomes much easier when taxable sales, business expenses and supporting documents remain organized throughout the reporting period. Waiting until the…
Read article
Accounts Receivable Management: How to Reduce Overdue Invoices and Get Paid Faster
Quick summary A business can be busy, profitable and still short on cash because too much money is sitting in unpaid invoices. Accounts receivable…
Read article
How to Build a 13-Week Cash Flow Forecast for Your Small Business
Quick summary A business can look profitable and still struggle to cover payroll, supplier bills or tax remittances. A 13-week cash flow forecast helps…
Read article"We have been able to have up-to-date financial information, which has been critical to make timely operational decisions."Dione Chambers, Executive Director, The Okanagan Science Centre
Next Step
Ready for cleaner books?
Get a custom bookkeeping quote from an Okanagan-based Canadian team serving businesses across Canada.