KD Professional

KD Professional

KD PROFESSIONAL is a group of interconnected companies offering a wide range of financial, accounting and tax services to individuals and businesses across Canada.

Through our experienced staff and strategic alliances, we provide exemplary service and solutions to maximize your cash flow, while preserving Wealth.
The Government of Canada recently released the Annual Financial Report of the Government of Canada for 2017-2018. This report presents an overview of the Government’s spending and revenue performance for the previous fiscal year. Here’s a quick list of the highlights:• The Government posted a budgetary deficit of $19B for the fiscal year ended March 31, 2018, down from a projected budgetary deficit of $19.9B in Budget 2018.• Revenues increased by $20.1B or 6.9% from 2016-2017.• Program expenses increased by $19.5B or 6.7%.• Canadians added 427,300 jobs, leading the unemployment rate to fall to 5.8% in December 2017.• Real GDP grew...
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Good record keeping allows for good bookkeeping which in turn brings accuracy and savings! Create a simple filing system that matches your bookkeeping intake checklist (Download KD's Monthly Bookkeeping Checklist HERE!). You have the option to use inboxes, folders or a filing system that works for you and your routine. It should be as simple as putting all the paperwork and receipts in the right inbox or folder daily. Remember, if your paperwork is organized and detailed, you can save money on your bookkeeping costs! Not only will it save you money on your bookkeeping costs, good record keeping will also...
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As mentioned in part 1 of our blog series, paying for business and personal expenses separately will not only ensure that you have accurate records but will also save you money on your bookkeeping and corporate year end! Another way to save money as a small business owner is to establish and maintain a good relationship with your bank. You will be depositing funds, writing cheques and paying for expenses regularly so ensure that you are on the right banking package. Bank service charges add up and it is important to be on the right package for the number of transactions...
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A small business owner typically pays for expenses in 4 ways: cash, cheque, debit card or credit card. It is important to keep your business and personal expenses paid separately and with proper records (receipts, invoice, and statements.) Paying for your business and personal expenses separately will not only ensure that you will have accurate records, but will also save you money on your bookkeeping and corporate year end. Remember, keep it simple. Have a business debit or credit card and a personal debit or credit card in your wallet. And when you make a purchase, ensure that you use the...
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KD Professional Services
Monday-Friday 9am- 5pm
102, 221 18th Street SE
Calgary, AB, T2E 6J5

403-219-0602
403-219-0603

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