Bonfire Bookkeeping
Shawnigan Lake Shawnigan Lake, BC, Canada

The Additional $20K for CEBA is now open for applications with the financial institutions. There is an attestation required on this one for "facing ongoing financial hardship", and having made reasonable attempts to adapt the business to COVID-19 (and reduce expenses), an intention to continue the business, and the use of the fund for specific purposes (non-deferrable eligible expenses for 2020 or 2021). Applications open until March 31, 2021. https://ceba-cuec.ca... Thank you Juliet!

Pretty cool offer through FundThrough if you are having trouble collecting on your receivables. This can help bridge the gap between invoicing your clients and getting paid.

Update to the CEBA loan! Thank you Certified Professional Bookkeepers of Canada - CPB Canada

It’s been such a grind lately and coffee is the only thing getting me through, so I bought myself something for spoooooooooky halloweeeeeeeen!

The view from the Whippletree office this morning Spoooooooooooky Halloweeeeeeeeeen (Probably anything at 6am feels a little spooky? Just me?)

Covid Update Thank you Tanya! CFIB Sept 10, 2020 Webinar Summary CECRA... Government is working on a solution to assist small businesses with rent relief CEBA Application deadline extended to October 31, 2020 Government will soon announce how they will broaden access to those operating within personal bank accounts Extended loans under BCAP to june 2021. This includes BDC co-lending program for SMEs and EDCs loan guarantee for SMEs Access through payroll qualification stream if paid out in between $15,000 and $1,500,000 in payroll in 2019 (changed from the original $20,000 to $1,000,000 payroll qualifier) CERB CERB recipients will transition to regular EI (if eligible) or the Canada Response Benefit (CRB) on September 27, 2020 If CERB recipient originally applied through CRA, and they are EI eligible, they will have to re-apply through Service Canada once their CERB runs out (If they originally applied through Service Canada, there is no need to re-apply) Those who are not EI eligible but still need some income support, will apply for the CRB (new version of CERB) through CRA Able to earn more while on claim - no more $1,000 limit (as will not get as much as on EI generally) Canada Sickness Benefit (CSB) is for those who need to quarantine or get sick due to COVID 19. Provides $500/week for 2 weeks but cannot be combined with employer sick pay. Must exhaust any employer sick day program first. Watch the full webinar at https://www.youtube.com/watch?v=WCi6129-YrI&feature=youtu.be

Happy Birthday Baby Girl! I’ve often talked about how being laid off after maternity leave was the reason I started this business, but if I dig a little deeper I could have fought it (labour standards) or even gotten another job. But I didn’t. I took what felt like a crazy risk because it was worth it to try and create a flexible schedule to be home more with the kids. ... It’s always been my dream to be home when the kids get home after school. Although I’m often still working after they are home from school, I’m home, and if they need anything I’m there. Thank you honey bunny for inspiring me to be brave so that I could be home with you kiddos more. It’s not perfect, and I’m always working on being more present, but especially through this covid experience I’ve never been more grateful I made the choice I did. Happy Birthday

Happy Birthday Baby Girl! Ive often talked about how being laid off after maternity leave was the reason I started this business, but if I dig a little deeper I could have fought it (labour standards) or even gotten another job. But I didnt. I took what felt like a crazy risk because it was worth it to try and create a flexible schedule to be home more with the kids. ... Its always been my dream to be home when the kids get home after school. Although Im often still working after they are home from school, Im home, and if they need anything Im there. Thank you honey bunny for inspiring me to be brave so that I could be home with you kiddos more. Its not perfect, and Im always working on being more present, but especially through this covid experience Ive never been more grateful I made the choice I did. Happy Birthday

I always time block out my day the day before, but then when Im too tired to get up at the crack of dawn, it makes me feel like Ive failed before the day has even started. Today I needed the solitude of sitting out back with a coffee and doing a little soul searching. #theworldisfullofmagic Im trying to remember that I planned my day once and that means I can plan it again. Instead of starting my day behind I choose to start my day now. After some #peace #coffee and #...deepbreaths. Make me feel better - how did you start your day? Was it as expected or have you had to tweak a few things on this #humpdaywednesday xoLisa

Made it to the office for the first time in a while! Its so peaceful here. Im getting loads done, but took a break to go breathe in the smell of the rain. #entrepreneur #cloudburst #deepwork #sopeaceful #gettingitdone #bookkeeping

I keep missing my morning dates with JT. Thanks to Tanya for the info! Trudeaus Announcement Summary July 31, 2020 *CECRA officially extended to include the month of August *Canadians who lost their jobs due to COVID and are collecting CERB, will transition to EI as CERB ends on Sept 26, 2020.... *There will also be a sickness and care-givers benefit for individuals who contract the virus - or have a family member who did - and dont have coverage through their job. *There will also be a transitional, parallel benefit that is similar to EI for people who dont qualify for the unemployment benefit, such as contract and gig workers. https://www.youtube.com/watch?v=M4KqyorISH8 See more

Thank you to Kninja Knetwork for the update! A short extension on CRA Payments Deadlines. *Current year individual, corporate, and trust income tax returns, including instalment payments, from September 1, 2020, to September 30, 2020 *CRA is also waiving interest on existing tax debts related to individual, corporate, and trust income tax returns from April 1, 2020, to September 30, 2020 and from April 1, 2020, to June 30, 2020, for goods and services tax/harmonized sales ta...x (GST/HST) returns. *Previously extended filing due dates for individual, corporate, and trust income tax returns remain unchanged. Still Sept 30th *If you are receiving benefits, ensure that by early Sept you have filed your personal tax returns and don't wait for the Sept 30th date or you will not receive your October payments. https://www.canada.ca//the-canada-revenue-agency-announces

(For Bookkeepers) This was a really fun webinar and whitepaper to put together. Starting my business has had its challenges, and this is what I learned along the way Thanks Intuit QuickBooks!

Trudeaus Announcement July 13, 2020 CEWS Will be extended to December. Details will come later this week.... Student Grant Program Delayed due to Trudeaus personal involvement with the WE charity that was originally going to run the grant program. The government is now looking for a new organization to roll these opportunities out to qualifying students.

Although you may not be working at home anymore, this is still a great tip! Setting up an zoom account for video calls creates easy, simplistic remote working. Chatting through Zoom is an easy way to communicate with your friends, coworkers, and so on. Zoom is our favourite! ... Xo, The Bonfire Bookkeeping Team

Me, working from home and everything balances but no one is there to see it Xo, The Bonfire Bookkeeping Team

Needed some solid #focus time... got it at 1am! It felt so good to get some things checked off without feeling guilty working around the kiddos. I love the flexibility of working when it suits me; which lately is a little too much, but its amazing to have the option to work in the middle of the night if I want to. #latenightentrepreneur #zen #deepwork #tomorrowmightbehard

How we feel after balancing your books In reality, its not always that easy Now that things are starting to go back to "normal" in BC, what are you most looking forward to doing? Let us know in the comments! ... Xo, The Bonfire Bookkeeping Team

Happy Canada Day!

Doesn't the picture say it all? "If your dreams dont scare you, they aren't big enough". Pushing yourself to the limits when it comes to achieving your dreams may feel scary, but know you are headed in the right direction. Hope everyone is enjoying the beautiful sunshine we have been having. Tell us in the comments below what you are doing for Canada Day this year! ... Xo, The Bonfire Bookkeeping Team

What's another Friday without another tip? Bookkeeping can be a surprisingly dry subject, I mean, we don't think it is, but turns out many others think that! When we post on social media we tend to keep it somewhat personal. We want people to feel like they know us, for better or worse, when they are following along. We could be really professional and keep it related to tips etc, but I want to share our story and we hope that by following along you will feel like you relate... to us as people and a business. Enjoy the weekend! Xo, The Bonfire Bookkeeping Team

Woke up super early to work, but changed my mind, made tea and listened to the birds instead. Work is important. So is being kind to yourself. Im reminding myself that Im doing the absolute best I can. #beautifulsolitude #needaminute #breathe #14hourdays

Hi Saturday! Thanks to @intuitcanada and @thecocktailboxco for the adorable cocktail kit! I couldnt use it for #getconnectedvirtual but I sure appreciate it tonight! #notsharing #happysaturday #cocktailsathome #gonnaordermore

What a lovely shopping experience! Beautiful live music by @sweetmeadowsmarkets own Taylor. #supportlocal #takeadayoff #morenewplants #cutemarket

"The only way to do great work is to love what you do. If you haven't found it yet, keep looking. Dont settle." (Lisa Here) We love our work here at Bonfire Bookkeeping! I fell into a bookkeeping job accidentally and I had no idea I would fall in love with it the way I have. It's been challenging lately with all the changes, and balancing everything, but through it all I'm still head over heels with bookkeeping. #loveaffair #nerdy We hope you love your work too! Cheers! ... Xo, The Bonfire Bookkeeping Team

Thank you Intuit QuickBooks! We feel seen #coffeeforever #coffeeallday #coffeethenwine #aroundtheclockforreal https://youtu.be/zTC76gGTs4k

Trudeaus June 15 Briefing Summary CERB will be extended for people who cant return to work yet - details still to come Hotline service to help entrepreneurs and small business owners including not-for-profits organizations and charities with pressing financial needs can call 1-866-989-1080 to speak to an Accountant or Business Advisor RRRF loans 0%... Up to 40K available Those not eligible for CEBA To find out where you can apply locally go to https://www.ic.gc.ca/eic/site/icgc.nsf/eng/h_07682.html Expanded CEBA eligibility opens Friday See https://ceba-cuec.ca/ for more details Small Business Still Falling Through The Cracks Please complete the survey to highlight where the gaps are. This has been a colleague's (thanks @Tanya!) passion project for the past 6-8 weeks and IPBC will be presenting the findings to the government to advocate for you. The survey will be open until Friday June 19, 2020 https://intuit.me/CACOVIDSURVEY

#sundaynight #musings Thank you to @nerdenterprises for this reminder!

This #getconnectevirtual attendee is powered by coffee from @intuitcanada!

Black Lives Matter #blackoutday2020

How can it be Friday already? The days are flying by lately. Our team has come up with some more business tips that we wanted to share with you. Choosing one of your favourite business books, whether it be your first time reading it, or a re-read, can generate inspiring ideas when it comes to working. Our recommendation to you is Clockwork by Mike Michalowicz - it's what we are reading and re-reading! Have you read it? What's your favourite part?... Xo, The Bonfire Bookkeeping Team

Doesn't the picture say it all? We love bookkeeping, but most of the small business owners we chat with don't feel the same way. We get it! Although it doesn't stop us from trying to convince everyone that bookkeeping can be fun! Xo, The Bonfire Bookkeeping Team

Except Im the kid and my business has a uniform

Next stop: @stillheaddistillery to pick up our sanitizer for the office Great sale going on there 3 bottles of fun stuff and one bottle of sanitizer free! #ilovesales #shouldprobablygiftsome #buylocal #shoplocal #drinkrecipesneeded #safetyfirst

Stopped in at @treefrogtropicals to add to my new addiction. If you havent checked it out its such a lovely shop and very affordable! This newly discovered love of gardening and indoor plants gives me more joy than I ever expected. Im not sure it would have happened without Covid, so for that, Im grateful. What have you discovered or spent more time doing since the covid slowdown? ... #shoplocal #plants #joy #growinggreenthumb

This is such a great idea! Well done Masika!

The CEBA loan has been expanded to reach more small businesses. As usual no specific information has been released yet, but people without payroll should be able to qualify now. Examples given were dividends and subcontractors. I'll post as soon as we find out and when the application criteria has been updated with banks.

Im so proud of BC, and Im more than a little in awe at Dr Bonnie Henrys humanity and calm guidance during such a trying time. Shes incredible

Happy Victoria Day long weekend everyone! Good news for businesses that the CEWS has been extended. #nolongweekendforus #haveadrinkforme #maybeprayforustoo https://globalnews.ca//covid-canada-wage-subsidy-extensi/

Thanks Tanya! Trudeaus May 12 Briefing Summary Those seniors receiving the Old Age Security (OAS) - receiving a one-time payment of $300 more to help with cost had to incur as a result of COVID 19.... Those seniors receiving the Guaranteed Income Supplement (GIS) will also receive an additional one-time payment of $200 New Horizons for Seniors Program will receive an additional $20 million in funding https://www.youtube.com/watch?v=bEWNmv644kE