Blyth's Better Books

05/20/2026

05/19/2026

Big shout out to Caron Pest Management .
If you need quality pest control, this is who you should contact.
Friendly, knowledgeable and personable.

04/13/2026

Hello all!
I am in the middle of a website and email change. My website will be up at a later date. My new email to contact me is [email protected].
Hope everyone has a great week!

03/02/2026

Hello business owner's! It's been a while since my last post so allow me to re introduce myself.
My name is Cameron Blyth, owner of Blyth's Better Books. I offer bookkeeping and payroll services to business'. I live in Tilbury, Ontario and servicing the area's of Chatham-Kent, Windsor-Essex, Sarnia and Middlesex County.
I offer free consultations and cheap rates so both our business' can grow and succeed together. Feel free to contact me anytime and I will get back to you ASAP.
My email is, [email protected] or message me on Facebook!
Let's work, learn, grow and succeed together!

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10/29/2025

Do you know the difference between Zero-Rated and Exempt?

Other than the traditional GST/HST/PST sales taxes, zero-rated and exempt are other options for sales tax.
The difference between the two are that zero-rated charges do charge the sales tax but at 0%. While exempt doesn't charge tax at all.
Some examples of zero-rated taxable supplies include: prescription drugs, grocery basics and goods/services exported from Canada to name a few.
Exempt supplies include: most medical, dental and health services, child and personal care services and most services provided by financial institutions to name a few.

It is VERY important to know the differences for bookkeeping purposes for filing taxes.

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10/28/2025

Really looking forward to the Autumn Tax Primer on November 18. This is a 7.5 hour webinar I am attending through CPB Canada to gain more valuable information for preparing taxes.

I also am starting a course this upcoming Monday on how to prepare T2s for Corporate taxes. This will be very interesting and I am really looking forward to this course. It runs from November 3 - December 19 so by end of the year I should know how to do a Corporate T2.

I am really investing a lot of time not only continuing to learn about bookkeeping and payroll, but taxes as well. This is only the start of my bookkeeping journey and I intend to make it a very long one.

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10/28/2025

Do you know the difference between a Calendar year and Fiscal year?

Calendar year is when a business has an accounting period that starts January 1 and goes to December 31. These are typically Sole Proprietors and Partnerships.

A fiscal year is when a business has an accounting period that is not the same as a calendar year. For example, February 1 to January 31. This accounting period is mostly used by Corporations.

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10/22/2025

What's the difference of Cash Basis and Accrual Basis?

Cash basis is used for a business when money has ACTUALLY been exchanged. There are no transactions recorded when a purchase or sale has been made for a future date. Accounts Receivable and Accounts Payable do not exist in cash basis accounting.
Only certain businesses are allowed to use this basis of accounting by the Federal Government such as farmers and fishers. You need permission from the Government to use this basis.

Accrual basis is what is used by most businesses in Canada. This is where Accounts Receivable and Accounts Payable come into play. Money earned or owed is recorded even if money has yet to be exchanged.

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10/22/2025

Earned my QBO Advanced Certification this morning!

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