Simplifying Payroll and Remittance Managing payroll in Canada involves remitting amounts to both the federal and provincial governments. QuickBooks has become the foundational accounting platform for the majority of Canadian small businesses and accounting firms.
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Unlimited Mileage Tracking Log business kilometers for deduction purposes, a critical feature for sales professionals and consultants. Feature Benefit for Canadian Users Multi-Currency Support Easily manage invoices and expenses in Canadian Dollars (CAD) and handle foreign transactions for importers or exporters.
Why Canadian Businesses Specifically Need QuickBooks The primary distinction between the Canadian version and its international counterparts lies in compliance. T4 and T5 Slip Generation Streamlined creation of official Canadian tax slips for employee and shareholder reporting.
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For those who prefer self-service, the extensive library of guides and tutorials covers topics specific to provincial legislation. QuickBooks automates the calculation of CPP, EI, and income tax deductions.
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