By Rob Carrick
ISBN-10: 0385662769
ISBN-13: 9780385662765
From Canada’s best professional on client banking, this easy-to-read, integral ebook can help you retain your well-merited funds operating for you.
Canadians are savvy shoppers of every thing – other than monetary items. We comparability store for brand new autos and new outfits, but if it involves our funds, so much folks passively hand it over to banks and different associations. the outcome? Our profits languish in financial institution bills that pay out 0 curiosity whereas dropping rain charges, or in mutual cash that earn more money for the folk working them than for traders.
This ebook is the treatment: written specifically for Canadians, it's the definitive consultant to getting the very best deal on every thing from mark downs money owed to mortgages to RRSPs. Rob Carrick places the foremost info within the reader’s fingers via comparability charts, ratings and easy-to-follow tables, in addition to sturdy out of date recommendation. He explains how you can build a banking profile, the place to discover the easiest deals in monetary prone, how on-line banking and making an investment is altering every thing, and lots more and plenty extra.
This publication exhibits the best way to get the simplest whereas paying the least, so that you can use your funds for the stuff you actually need and want.
Read or Download How to Pay Less and Keep More For Yourself: The Essential Consumer Guide to Canadian Banking and Investing PDF
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Additional info for How to Pay Less and Keep More For Yourself: The Essential Consumer Guide to Canadian Banking and Investing
Sample text
Accounts Receivable and Accounts Payable do not have special hidden markers, because they’re earmarked as unique accounts by their account type. Accounts Receivable is an account type Accounts Receivable in QuickBooks, even though it’s technically a current asset in standard accounting terms. Accounts Payable is an account type Accounts Payable in QuickBooks, even though it’s technically a current liability in standard accounting terms. QuickBooks created these account types to make sure the software linked transactions properly.
For example, the totals for accounts of the type Other Current Assets (excluding inventory) and Other Assets are usually easy to calculate. Most Current Liabilities and Long Term Liabilities totals are equally straightforward. However, the totals you enter for your bank accounts, fixed assets, and payroll liabilities need special attention and are covered in the following sections. 41 42 Running QuickBooks 2009 Premier Editions Entering Opening Bank Account Balances To enter bank account balances, use the reconciled balance as of the last day of the last fiscal year in your journal entry (most banks generate statements as of the last day of each month for business accounts).
They’ll wash when you enter the transaction that paid them during the current year. Entering Sales Tax Liabilities Balances If you have taxable sales for the last reporting period, you have to enter the total sales tax liability for those transactions not included in the historical transactions you entered. Paid (not open as of the end of the year) transactions also contributed to your tax liability, and you have to add Chapter 1 • Getting Started that total to the sales tax liability account in order to remit taxes accurately.