From the desk of Diligent Assistant

14 Virtual Assistant Myths

14 Virtual Assistant Myths

1. I only need one Virtual Assistant Not true! Whilst there are some very good general administration Virtual Assistants out there, there are also some great ones that specialize in certain areas of business. To get the best advice and service, it is generally better to hire a VA that can specialize in an area you are looking for. For instance a VA that specializes in general administration is...

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How to claim mileage for your small business

How to claim mileage for your small business

Vehicle mileage is one of the most common areas that is recorded incorrectly in the accounting process.  Many people put through their fuel receipts as an expense, some also put through maintenance and other vehicle expenses.  The only time you should be doing this, is if the vehicle is owned by the company.  Whilst this may sound like a great idea, if you utilize your vehicle for...

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Understanding your Chart Of Accounts (COA)

Understanding your Chart Of Accounts (COA)

The most common question I get asked is  "what account should I book this expense to?".  So in this article I am going to give you the lowdown on your internal accounts - also known as Chart of Accounts or COA. Many people do not realize that government departments such as the Canada Revenue Agency, do not care what you book your expenses too.  All they care about is how much profit you made at...

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Software review – Hubdoc

Software review – Hubdoc

Recently I had a chance to try out Hubdoc and I gotta say that I was instantly hooked!  So much so that I have now gone on to complete  training with them and I am now a Hubdoc Certified Partner and Hubdoc Certified QBO Pro-Advisor! If you have several online accounts with vendors where you find yourself logging on to each of them every month to pull off invoices and then, enter that information...

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Start as you mean to go on!

Start as you mean to go on!

You know what makes me really mad??? Hearing coaches constantly asking "what free software does this?" If you are serious about your business, why wouldn't you be serious about the software, applications and equipment you use? Yes they can cost a lot of money, but... you know what else costs you money? Having to change your software or equipment down the road because it no longer meets your...

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