These four simple steps will help keep your financials organized... 1) Separate your personal and business transactions 2) Review and enter your bookkeeping routinely each week 3) Be consistent with your bookkeeping data entry 4) Get professional bookkeeping help to...

Unsure whether a worker is an employee or a contractor (self-employed individual)? This is important to determine, as employment status directly affects a person’s entitlement to Employment Insurance (EI) benefits. It can also have an impact on how a worker is treated...

Thanks to Rupa at Prisma Workplace Legal LLP for her terrific review of our services. She wrote, "I’ve worked with Accountapotamus for many years across multiple practices, including having them manage our trust accounting. They have a strong understanding of the...

BOOKKEEPING EMERGENCY?  Don't worry - our Hippo Hero is on the way! Whether you're drowning in receipts, behind on reconciliations, wondering where your cash flow went, or simply struggling to keep up with the day-to-day financial tasks that come with running a...

When you're focused on making an impact, bookkeeping shouldn't slow you down! One of the most rewarding parts of what we do is helping not-for-profit and charitable organizations spend less time worrying about financial reporting and more time focusing on their...

Employers may be eligible for up to $10,000 per employee through the newly redesigned Ontario Job Grant (formerly the Canada-Ontario Job Grant). The program provides financial assistance to employers investing in short-term training for their workers. This provincial...

Running a business is busy enough - your bookkeeping shouldn’t slow you down! Here are some bookkeeping tips to help you save time and money... 1) Keep a deposit book Trust us—figuring out what makes up your deposits after the fact is way more work than tracking it as...

Ready to take the stress out of bookkeeping?  Here's our simple, 4-step Intake Process: 1) Initial Consultation - to discuss your bookkeeping requirements, goals and budget, and to provide information about our services and fees. 2) New Client Intake Meeting - to...

As a general rule, you should keep your financial records for 6 years from the end of the tax year they relate to. For example, in 2026, you should have complete records going back to the beginning of your 2019 fiscal year. However, some documents should be kept...

That's 16 years of supporting Ottawa’s small businesses with reliable, trustworthy and accurate bookkeeping. Thank you to our amazing clients, staff, partners, and community for trusting us year after year. Here’s to many more years to come!