Written by Stephen Beard, Managing Director of Plyo Bookkeeping, a Vancouver-based bookkeeping firm. As a remote-first business, I’ve been ensuring I connect with other business owners in Vancouver by attending evening networking events. Among the various topics that arise in these conversations, one recurring question from new business owners is about incorporating business in Canada.…

Written by Stephen Beard, Managing Director of Plyo Bookkeeping, a Vancouver-based bookkeeping firm. In today’s fast-paced business world, cloud-based accounting software like QuickBooks and Xero have become the go-to solutions for managing finances efficiently. If you’ve been using desktop accounting software and are considering leaping to the cloud, you’re on the right track. This transition…

Written by Stephen Beard, Managing Director of Plyo Bookkeeping, a Vancouver-based bookkeeping firm. Running an e-commerce business in Canada can be incredibly rewarding, but it also comes with unique tax responsibilities, primarily involving the Goods and Services Tax (GST), Harmonized Sales Tax (HST), and Provincial Sales Tax (PST). Additionally, if you sell to customers in…

Written by Stephen Beard, Managing Director of Plyo Bookkeeping, a Vancouver-based bookkeeping firm. Choosing the right bookkeeper is a crucial decision for any business, irrespective of its size. A skilled and reliable bookkeeper can contribute significantly to the financial health and success of your enterprise. Navigate the crucial steps of ‘How to select a Bookkeeper…

Written by Stephen Beard, Managing Director of Plyo Bookkeeping, a Vancouver-based bookkeeping firm – updated November 2024. In Canada, the Provincial Sales Tax (PST) is a consumption tax levied by individual provinces. Each province has its own rules and rates for PST, making it essential for businesses to understand how PST works in their specific…