Five Hearts Consulting

Cloud Based Accounting improves the way you do business as it makes your workflow efficient giving you more time to concentrate on other areas of your business. The best part about cloud-based accounting is it allows you to be mobile. Instead of storing your information on a hard drive, you are storing your information on the internet. The advantage of storing your information on the internet is you will have access to your information anywhere and anytime as long as you h...ave an internet connection. Because of this, my choice of software for my business was Quick Books Online, a cloud based accounting program. There are a multitude of benefits to migrating to cloud-based accounting You will be able to Access your business data anytime, anywhere Having easy access to your up-to-date financial information will provide peace of mind. This is especially important in the current Covid environment. Working from home has never been easier with QBO You can now Go paperless and declutter your office If your company is going green, this is the perfect time to embrace cloud-based accounting. You will have the opportunity to implement a paperless system doing your part for the environment and saving your company money. You will have Access to Real-time business financial reporting There will be no waiting to access your hard drive as you will be able to pull up-to-date accurate reports wherever an internet connection is available. Any member of your team can have access to numbers as needed. You have the Ability to automate many manual accounting and bookkeeping tasks When you are managing a team that is spread out in different locations, you can automate bookkeeping tasks to any location. This will allow several team members to simultaneously have access to real-time financial data. Another benefit is Cost Reduction Moving to a cloud-based system will eliminate the need for paper reports and hard costs. You can save time searching for the data you need which in turn saves you money and allows you to focus on other aspects of your business.

As a Professional Bookkeeper and Consultant, I can make running your business easier. I can take care of all of your bookkeeping needs or can design, implement, train and support you with the setup of your books and a full suite of management systems. I work at your pace and discuss your numbers in a language you understand. If I made your day less stressful, I've achieved my goal.

#CEWS Spreadsheet Version 3 has been released by CRA. (April 24, 2020) Make sure that you are using the most recent version before you apply. The spreadsheet is still not working quite right so might be better to apply later than have the application delayed on CRA's end while they figure out that their sheet is still wrong.... Desk audits of these applications may begin as soon as the end of May 2020. Make sure that you have all your documentation together before applying.