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Issue various classes of shares to effectively split income between family members

We offer QuickBooks Help for Toronto area businesses

YEAR END PLANNING

QuickBooks helps you save time and money

Save time on repetitive tasks with auto-complete functions and more in QuickBooks

No need to double-check your work - QuickBooks does the calculations for you

We included some QuickBooks help tips below:

Keyboard shortcuts for dates

Dates	Shortcuts
Next day	+ (plus key)
Today	T
First day of the Week	W
Last day of the weeK	K
First day of the Month	M
Last day of the montH	H
First day of the Year	Y
Last day of the yeaR	R

Tax Alert

Budget did not change corporate tax rates. Ontario CCPC is subject to 15.5% tax on Canadian Business Income up to $500K.

Incorporating your business may provide great deferral opportunities

Add icons to the icon bar

For quick access to the areas of QuickBooks you use most, consider customizing your icon bar by adding the features and reports that you open on a daily or weekly basis.

1. Open the window that contains the feature or report you want to add.

Loading, please wait . . .

2. Go to the View menu and click Add Window to Icon Bar, where window is the title of the window you are adding.

If the menu item is dimmed, make sure that the icon bar is displayed. Go to the View menu and click Add Window to Icon Bar again.

3. In the Label field, enter the text that you want to appear below the icon.

Choose a label that will help you recognize the icon, but avoid long names that will cause the icon to become too wide.

4. (Optional) Modify the Description that appears when you pause your mouse above an icon.

Prefilled with the window's title, this descriptive text can help you identify an icon.

5. (Optional) From the scrolling list, select the icon that you want to use to identify the feature.

QuickBooks preselects an icon, but you can select a different one.

Voiding or deleting a cheque

If you need to cancel out the amount of a cheque, you can void the cheque or delete it.

· Voiding a cheque only changes the amount to zero, but keeps the empty transaction in QuickBooks (other information is unchanged, for example the name of the payee, address, and date). A voided cheque also displays VOID in the memo field. You can reverse a voided cheque.

· Deleting a cheque irreversibly removes the transaction from QuickBooks and can't be undone.

Note: When you void or delete a cheque, any reports that include that transaction will also change.

For a complimentary initial consultation call us (416) 738-1899 x401 or email dimitry@ca4gta.com