The best way to ensure that you are keeping all of the necessary information so that it is easily accessible for preparation of your annual financial statements and T3010 Return is to set up your recordkeeping procedures properly.

This means including enough detail on your cheque stubs, recording all GST/HST paid, clearly identifying all deposits so they can be matched to official receipting records and classifying your expenses to match the T3010 Return categories.

Related Services Offered

  • Providing guidance on what information you are required to keep and how to best record it
  • Providing advice on setting up and maintaining donor and official tax receipt records
  • Designing your accounting system so that all of your financial transactions are classified in appropriate categories
  • Providing instruction and guidance on implementing effective recordkeeping procedures