PARALEGAL REGULATION
After decades of disagreement between lawyers & non-lawyers, the Law Society of Ontario (LSO) agreed to mandate paralegal regulation. Paralegal Regulation mandates licensing to provide legal services directly to the public. The Law Society has declared paralegal...
BOOKKEEPER
The term bookkeeper dates to the 1500s when financial recorder was a book with figures, done in ink. Unless your company likes antique style, chances are you don’t have books. Even companies who don’t have online software like Sage, Xero, QuickBooks online. Shevas is...
FUNDAMENTAL OF ACCOUNTS PAYABLE
Accounts Payable For any modern business, accounts payable is one of the highest-stakes tasks there is. After all, every business needs to pay what it owes – you can not afford to get this wrong. In this post, we will look at the basics when it comes to accounts...
ONE COMPANY’S ACCOUNTS PAYABLE IS ANOTHER COMPANY’S RECEIVABLES
Accounts Payables and Receivables Accounts Payable and Receivable are the feet of your business. A company’s accounts payable (AP) ledger lists its short-term liabilities a.k.a. current liabilities — obligations for items purchased from suppliers, for example...