Category Archive

Your consulting business has been around for a while, but maybe you feel like there are some new ways to improve efficiency and boost your bottom line. Accounting is one area where many business owners don’t feel equipped to make changes to their business. However, it’s also where the opportunity for the most growth exists.   Fortunately, some of the … Read More

Tracking the growth of your eCommerce business can be frustrating and challenging if you don’t have the assistance of an accounting department in your corner. Fortunately, there is a handful of KPIs that you can use to track how well your business is doing and spot areas where things can improve.    These key performance indicators require minimal math. However, … Read More

Have you ever wondered just how much money you can make through social media? Influencers have been making a legitimate income off popular platforms like Instagram for years. The amount to be made as an Instagram influencer is based on several important criteria.    If you’re thinking about taking a deep dive into the Instagram platform, then here is everything … Read More

WINNIPEG, Canada – Compass Accounting, a leading accountancy firm based in Winnipeg, Canada, is embarking on an education campaign to make their customers aware that depending on specific circumstances, their tax refunds may be lower than anticipated this year.    Although this might be cause for concern, the reason for this is due to the way in which the Climate … Read More

Are you having a hard time making sure that you have enough money in your SaaS business account to pay the bills? Cash flow is a consistent problem for many businesses that follow this model, but that doesn’t have to be the case. Cash flow can easily be improved by following a few specific guidelines.    If you’re ready to … Read More

Are you already in the midst of prepping for the Canadian tax filing deadline for 2022? Make sure that you stay on top of things this tax season so that you aren’t hit with penalties for filing after the due date. At Compass Accounting in Winnipeg, we want to help you manage this stressful time of year by explaining the … Read More

Keeping your business finances in order is a challenge that most companies face. Fortunately, there are a few essential steps that you can follow to make things a bit less confusing at the end of the year. Don’t wait until it’s too late to get started with organizing the financial health of your business. Take a few of these proactive … Read More

  Every business owner knows that keeping up with their books is essential to maintaining an accurate financial picture of their company. Unfortunately, bookkeeping can sometimes be a tedious process that gets pushed to the wayside. Many people encounter issues with their books, and these errors can cost you a lot if you aren’t careful. These five common mistakes can … Read More

Does your business involve collecting recurring payments from customers, clients, or tenants? Do you have a payroll? Do you sell big ticket items and give customers the option of making several payments? Do you make large or recurring purchases for your business? If you answered yes to any of the above questions, there’s a great way to automate transactions, cut … Read More