Blyth's Better Books

09/16/2026

New and updated business cards have arrived!
Looking forward to attending Networking events and connecting with fellow business owners.

09/14/2026

Monthly, Quarterly and Annually

These methods are the most common ways business owner's get their bookkeeping done.

Monthly bookkeeping means you can keep track on a monthly basis on how much revenue and expenses the business is incurring and also how much liability the business owes. This is definitely my preferred method as you can keep an eye on the big picture.

Quarterly bookkeeping means the books get done every 3 months. Some business owner's prefer this method and they can reflect every 3 months on the financials.

Annually is when you hand over a years worth of transactions at tax time and get everything done at once. This is definitely the more expensive option as that is a lot of work to be done in such a short time. I myself don't recommend this option, you can save money and stress with monthly bookkeeping and know exactly what's going on in your business.

09/04/2026

Very highly recommend JJL Contracting! Joe and his crew do excellent work!

After all the crazy storms that hit Windsor-Essex recently, if you need deck or fence repairs, call us for a free quote today! 🙂

08/30/2026

Handsome boy

Today’s kitty spotlight- Kitten Caboodle

We will take the whole Kit-ten Caboodle!! All of this right here! All the toe beans, all of the whiskies, every single hair, and all 4 paws!! This sweet boy is an all-around great kitten! Loves other cats, and is a playful, sweet boy! He is right around 12 weeks, and ready for his forever home!!

Adoption fee-$200
This includes neuter, rabies, fvrcp for the year, deworm, flea, and microchip.

If you, or anyone you know, is ready to adopt Kitten Caboodle, contact Wandering Whiskers Cat Rescue, or Bent Tin Baked Goods, to apply!

Please share our post so we can find this sweet boy his forever home💙

08/27/2026

A little bit about me. I was born in London, Ontario and met my wife in 2016. We moved to Tilbury because it was much cheaper. Our daughter was born in 2024 and we absolutely love our lives here.
I'm a die hard Manchester United, Detroit Red Wing and Denver Broncos fan. I've been an animal lover all my life and we currently have 4 cats. I would love to in the future become some sort of a specialist in bookkeeping for Vet Clinics or any animal care related business.
Starting up a bookkeeping business was a no brainer for me. I'm a numbers guy, it has low startup costs, the potential for earnings are great but most importantly, FREEDOM!!
Being able to work from home, be my own boss and manage the amount of workload so I can spend more time with my family. As my little girl will be the only child I will have I don't want to miss a single thing.
This is just the early stages of my career in bookkeeping, but I'm loving everything about it so far! I'm always looking for new clients to help out. Can't wait for what the future has in store!

08/26/2026

If you're looking to outsource your bookkeeping, you can contact me anytime at [email protected]!

I offer bookkeeping and payroll services using Quickbooks Online to small businesses in Ontario. Check out my website at www.blythsbooks.ca, and if you're interested in working together, click on the "Book a Free Consult" and schedule a time we can chat.

I genuinely enjoy keeping financials organized and tax ready, that's why I started my bookkeeping business. I know you didn't start your business to do bookkeeping, so let me take that responsibility off your plate.

08/24/2026

I'm very happy to reveal my new website, www.blythsbooks.ca!
Check it out and share if you know anyone who needs help with their bookkeeping!

Big shout out to webfluence.ca for creating my website, highly recommend!

Bookkeeping, payroll, and financial reporting for small businesses across Tilbury, Windsor Essex & Chatham Kent. QuickBooks Online ProAdvisor.

08/18/2026

What is a Taxable Benefit?
It's an item of value your employer provides that isn't a regular cash wage. It's an extra compensation that is outside of your regular wages. CRA does treat Taxable Benefits as part of employment income, therefor will be part of the calculation for CPP and E.I. deductions.

Some examples are a company vehicle provided to use, gifts and awards, meals provided by employer, parking, membership dues, travel expenses just to name a few.

Not all are withheld for CPP and E.I. Some are just CPP, some are both. It depends if the benefit is cash or non-cash.

08/14/2026

The next step is determining what the Net Taxable Income amount will be. The Net Taxable Income will determine what Federal and Provincial taxes will be deducted from that pay.

To get the total Net Taxable Income, you take the Gross Pay, add any taxable benefit values then subtract any other deductions like Union Dues, RRSP contributions, an employee registered pension plan contributions and the enhanced CPP contribution deduction.
This will give you the correct amount for the Net Taxable Income to correctly deduct the Income Taxes of that pay for the period.

Once all the CPP, E.I. and Income Tax deduction amounts are determined, you take the Gross Pay, minus all the Statutory Deductions and any taxable benefit values to get the Net Pay.

08/13/2026

Pensionable Earnings are the earnings to calculate the amount for CPP or QPP for that pay period. It takes the total from Gross Earnings and adds all the taxable benefits, whether it's non-cash, near-cash or deemed cash.

This is step 2 or determining the amounts to deduct to work out the net pay total. You do not calculate the E.I. amount or Income Tax amount with Pensionable Earnings, only CPP or QPP.

Insurable Earnings, which is step 3, calculates the E.I. or Q.P.I.P. for that pay period. Insurable Earnings include Gross Pay and any deemed cash taxable benefits.