EzyBooks

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EzyBooks

Ezybooks offers virtual bookkeeping services for small businesses, startups, and self-employed individuals in Ontario.

We know that not everyone loves dealing with numbers, so leave the numbers to us, focus on what you do best and grow your business.

06/16/2025

🍋 When life gives you lemons, make lemonade.

Because every challenge is a chance to create something better.

06/13/2025

📘 Bookkeeping 101 – Ep.5
What Is a Chart of Accounts (COA)?

Your Chart of Accounts (COA) is like the table of contents of your business finances.
It’s a complete list of all the accounts you use to track your income, expenses, assets, liabilities, and equity — the Big 5.

In the double-entry system, every transaction touches at least two of these accounts to keep your books balanced.

💡 And here’s the key:
Every account in your COA must fall under one of the Big 5 categories.
Even if your expenses vary depending on your industry, CRA gives a great outline of common expense categories (we included an example in this post!).

😵‍💫 Still confused?
Let a bookkeeping pro handle it — and save your time, energy, and headspace.

06/10/2025

You don’t need perfect conditions to begin. Start where you are, use what you have, and do what you can. 🌱

06/06/2025

📘 Bookkeeping 101 – Ep.4
The 5 Types of Accounts: The Backbone of Your Books

Every transaction in bookkeeping ties back to one of these 5 key account types:
✅ Assets
✅ Liabilities
✅ Income
✅ Expenses
✅ Equity

They form the core of the double-entry system, where every transaction affects at least two of these accounts — one debit and one credit — so your books always stay balanced.

💡 And here’s the accounting foundation it all ties back to:
Assets = Liabilities + Equity

When you understand how every transaction fits into these 5 types, you can confidently keep your books balanced and spot mistakes before they become bigger problems.

06/02/2025

“The only way to make sense out of change is to plunge into it, move with it, and join the dance.” – Alan Watts

Change isn’t something to fear—it’s something to embrace.

Dive in, go with the flow, and let the dance of life energize you. 🌱💃

05/29/2025

📘 Bookkeeping 101 – Ep.3
Debits & Credits — Confusing? You’re not alone.

If you’ve ever felt lost when someone mentions “debits” and “credits”, you’re not the only one. These terms can be tricky — especially when they don’t mean what they do in your bank app. 😅

We broke it down in this post:
✅ What debits & credits actually mean
✅ How they affect different account types
✅ Simple T-account examples to help you visualize

But here’s the truth…
✨ You don’t have to do this alone.
Save your time (and sanity) — and let a professional take bookkeeping off your plate.

💬 Comment “HELP” or DM us to see how EzyBooks can support your business.

05/27/2025

“You don’t have to be great to start, but you have to start to be great.” – Zig Ziglar

Every expert was once a beginner. 🌱
Don’t wait for the perfect moment—start now, and grow as you go.

05/22/2025

Accrual vs. Cash – What’s the Difference?

Here’s a simple breakdown:
💵 Cash method = record money when it moves
📅 Accrual method = record when it’s earned or owed

The cash method is great for simplicity.
But the accrual method gives you:
✅ A clearer view of profitability
✅ Smarter long-term planning
✅ A true picture of what’s really happening in your business

✨ Plus, the CRA actually prefers (and often requires) accrual for most businesses in Canada.

05/21/2025

“Success doesn’t come from what you do occasionally, it comes from what you do consistently.” – Marie Forleo

Success isn’t built on big moments—it’s built on what you do every single day. 💪
Stay consistent, stay focused, and the results will come.

05/16/2025

📘 New Series Launch! | Bookkeeping 101 – Ep.1
Ever wondered what bookkeeping actually is — and why it matters for your business?

We’re kicking off a weekly series to break down the bookkeeping basics — made simple for small business owners and self-employed professionals. 🙌

In Episode 1, you’ll learn:
✅ What bookkeeping means
✅ Why it’s essential (even if you’re a one-person team)
✅ How it helps you stay organized and stress-free

💬 Drop a “📒” if you’re ready to make bookkeeping less overwhelming — and follow along for more no-fluff tips every week!

04/28/2025

⏳ "Time is more valuable than money. You can get more money, but you cannot get more time." – Jim Rohn

Your dreams deserve your time.
Spend it building your vision — not buried in the books.
At EzyBooks, we’re here to take care of the numbers so you can stay focused on what matters most. 🌱✨

04/24/2025

Did you know? 🤔 DIY bookkeeping might be costing you more than you realize—time, money, and precious moments.

Over this series, we’ve shared common pitfalls business owners run into when managing their own books:
❌ Missed expenses
❌ Forgotten deductions
❌ HST miscalculations
❌ Wasted time
❌ Higher accounting fees

📌 We get it—most business owners start off doing their own books.
But if bookkeeping is:
• Taking time away from your family
• Keeping you up at night
• Making your laptop your dinner companion
…it might be time to hand it off to someone you trust.

✅ Let EzyBooks take over.
✔️ Monthly reports
✔️ Clean, organized records
✔️ HST/GST filing
✔️ Starting from just $99/month

💙 We care about you and your business—not just the numbers.
📩 Let’s simplify your books—so you can enjoy more of what matters.

Address

305 Renfrew Drive
Markham, ON
L3R9S7

Telephone

+13653055111

Website

http://www.ezybooks.ca/

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