The following items are required to do your book keeping. You may not have all these items in your business but items marked by an * are mandatory.
- All bank statements (*)
- All cancelled cheques and/or cheque stubs (*)
- Copy of incorporation documents (if this is your first year of business) (*)
- Deposit books
- All credit card statements
- If you are a home based business, please supply all:
- Utility bills
- Mortgage statement indicating the amount of interest paid
- Property tax bill
- Rent receipts or amount
- Alarm or security system billings
- Home telephone bills
- Home internet bills
- The square footage of your house (include your garage only if you use it for storage/usage of your business items.)
- A listing of invoices that you have not yet been able to collect from your clients that are over 90 days old (and will likely not be able to collect).
- If you carry inventory, a dollar amount of the value of that inventory.
- A listing of all assets (if this is your fist year). Include items that were yours personally prior to using for the business. Include items such as:
- Computer desk
- Computer
- Filing cabinets
- Vehicles
- Equipment
- Sheds and /or storage units
- If you have any loans, please include your financing documents. This includes any leases as well. This can include such items as:
- Vehicle bills of sale
- Vehicle financing
- Line of credit statements/terms
- Loans on equipment
- Operating loads
- If you have any leases, please indicate which items are leased
- Prior year tax return for your business
- All receipts from purchases.
These are the items you need to bring on your first visit to see us.
It is a good idea to get this form also, so that you can easily record your home based expenses.