Accounting Plus Financial Services Inc.

  Did you know that in 2021, the electronics e-commerce sector in Canada made the highest amount of sales at 27.38  percent? The lowest amount of sales was at about 2.08 percent. Whether you understand these numbers or not, they wouldn’t have been possible to calculate without an accountant. Accounting is an important part of any business—without it, businesses might not stay afloat for too long. However, there are several accounting challenges that the e-commerce industry faces. Learn more about them and how accounting for e C ommerce businesses  works. Inventory Management Inventory management can be tricky for small and big business owners alike. We wish it was as simple as selling brownies at our school’s bake sale; all you needed was a notebook to track your orders, sales, and stock items. However, in the practical world, inventory management is a lot more complex. There is so much that goes on when managing an inventory. From tracking the number of items to calculat...

People always assume filing taxes has to be a mess of papers when it is a very simple process. Thanks to advanced technology, you don’t have to worry about the paperwork for filing taxes. You can conveniently file it from your home online. Yes, that is right. Like all the other services, you can now file taxes online. You don’t need to feel intimated by the long tax filing process as now you can do it with ease and confidence from the safety and comfort of your home. If you are still unaware of the  online tax filing process in Canada , you are in the right place. In this article, accounting experts in Ontario  from Accounting Plus will explain how to file your tax returns online in Canada. Keep reading to learn more. Filing Taxes Online: Where to Start? Filing your tax returns is simple. You can get in touch with the CRA through NETFILE, input your tax details, and file your tax returns digitally. Here are some common tax return categories in Canada: Employment income Unemplo...