Analysis 360

Having multiple currencies can sometimes be challenging, but we are here to help keep your finances organized. Book an appointment with us and we’ll answer your questions about different currencies or any other business questions you may have.

We offer free consultations to assess the needs and frustrations of small business owners so that we can fully understand what really matters to our clients. Our team is here to help with bookkeeping, taxes and other accounting and small business needs. Give us a call at 1 888 800 7016 to book your free consultation with us .

Your assets will depreciate over time due to wear and tear and the Capital Cost Allowance (CCA) enables you to claim the loss in value of these depreciated assets. You can maximize your claim due to its flexibility; you don’t have to use all of your business’s CCA in the year that it occurs. If you purchase depreciable assets before year end, rather than waiting until the new year, you’ll be increasing your CCA for the current year, which will allow you to claim an increased CCA the following year. If you need help claiming your business’s CCA or have any other tax questions, book an appointment with us today!

Don’t waste your time doing things you don’t love, delegate tasks to others. We can help you live your fullest life by taking care of your taxes, accounting, bookkeeping and more. Get started today with a free consultation!

It is a good idea to separate business and personal expenses in order to accurately and easily track your business spending. This will allow for easier record-keeping which will make a big difference during tax time. Cash flow is an issue for many small business owners and a business credit card allows for financial flexibility; get easy access to a revolving line of credit with a business credit card. The interest rate is usually much higher than the rate on a small business... loan, so it is extremely important to keep track of which employees have access to the card and to ensure the balance is repaid in full each business cycle. Our team can help create a plan to ensure all cards are being used effectively and that there is an accountability system in place for all employees that have access to the business credit card. If you need advice regarding business credit cards or have any other small business questions, book an appointment with us! See more

The best way to ensure success is to prepare. We’ll help you with strategic preparation. Strategic preparation is fundamental for the success of a business because it means planning ahead so that your business has no unexpected expenses or that you are prepared for large expenses that may come up. Let us help you with strategic preparation for your business.

Do you need help organizing your files? We love taking files, receipts, bills and other financial documents and digitizing them for you! Our team of QuickBooks Online experts will help set you up and teach you how to use all the functions so that you will always have easy access to your records.

It is extremely important to pay your taxes on time to avoid penalties and interest. At Analysis360, we can help plan your budget that will look ahead to upcoming tax deadlines so that you don’t have to worry about late penalties or interest.

It is important to set aside time to get necessary paperwork done and to avoid letting receipts and invoices pile up. This will help save time during tax season. Accounting software, such as Quickbooks Online, can automatically categorize your documents to help save you time. Our team can help you get set up with Quickbooks Online and ensure all of your books are in order.

This client continues to use our bookkeeping and year-end services. If you need help improving your ROI and managing your cash flow, we are here to help. We can also help you collect on debts that are owed to you. Get started with us by booking an appointment for your free consultation!

If you are having trouble understanding your banking and government documents, let us help you out! We talk to these officials all the time, so you don’t have to. Our team can be your trusted representative with them so you can have peace of mind when filing your taxes and keeping your finances in order.

We helped Crystal solve CRA collection issues and made sure her tax filing with the CRA was up to date. Our team showed her how to access her bookkeeping system through her smartphone, so that every week she updated the status of commission and related expenses. We continue to help her with bookkeeping services.

To prepare your tax return for your business you will first need to locate an income tax return form based on your type of business. You’ll need all your business’ income and expense reports to complete the form. Using an accounting software can help keep track of all necessary documents which makes tax time much easier. We can help you locate the appropriate form for your business and get you set up with Quickbooks Online to ease the tax filing process.

If you are a salaried employee or have always worked from home, you may already be familiar with the T2200 tax form. If working from home was a change for you because of COVID, then you may be eligible to claim some of your home office supplies on your tax return. Here is some of the criteria you must meet: Under your contract of employment, you had to provide and pay for the supplies. You used the supplies directly in your work. Your employer has not repaid and will not r...epay you for these expenses. You keep with your records a copy of the T2200 form, Declaration of Conditions of Employment, which has been completed and signed by your employer. There have been many changes in all of our lives this year due to Covid; if you have new tax forms that you do not know how to fill out, or have any other tax filing questions, book a free consultation with us today! See more

To ensure these needs are met, you will need a blueprint to follow that will guide your path to success. This blueprint is called a business plan and our team can help create a business plan or improve an existing business plan to set you up for success.

This is the basic accounting equation. Accounting is all about assets, liabilities, and equity. Assets are what you own, liabilities are what you owe and equity is what is in it for you -the value of your business that you can claim. If your records don’t match this equation, something is wrong. We can help correct that and make sure you are accurately recording your accounts. Get started with a free consultation.

If your business isn’t doing as well as your competitors, don’t run away in fear. Learn from them. Find out what they are doing that works, and more importantly, what doesn’t work. If you can find the Achilles heel of your competitors, you can exploit it to give your business an edge. Check out our Business Coaching Packages, where we assist in developing a SWOT + Competitor opportunity analysis.

The Economic Entity concept states that the transactions of a business are to be kept separate from those of the owner, partners, shareholders, and related businesses. It is important to follow this principle so that both personal and financial records are more organized and easier to maintain. This will help you and your business to file taxes more easily and in the event of an audit, will help expedite the process.