As a founder, you probably didn’t start your business dreaming about reconciliations, journal entries, or reviewing expense reports. But if your startup is growing — and you want clean, usable financials — you need a monthly close process. The month-end close isn’t just for big corporations....

If you’re building a startup or running a growing business, you’ve probably heard a lot of financial job titles thrown around — bookkeeper, controller, CFO. But what do these roles actually mean? When do you need each one? And who should you hire first (or outsource) as you scale? At Fractiona...

It’s easy to focus on sales, product, or funding when you’re running a startup — but without a financial model, you’re flying blind. Whether you’re preparing for investor conversations, applying for a loan, or just trying to figure out how much you can spend on hiring, your budget and fore...

As your startup begins to scale, you might notice that your financial processes aren’t keeping up. Maybe your reports aren’t reliable, cash flow feels unpredictable, or you find yourself making big decisions with very little data to back them up. That’s when many founders realize they’ve out...

How to Deduct Vehicle Expenses for Your Business in Canada and Quebec Whether you run a corporation or operate as a sole proprietor, if you use a vehicle for business purposes, you're entitled to claim related expenses. But there’s more than one way to do it. This article outlines your two main op...

Freelancers often miss out on valuable tax deductions simply because they don’t know what they can claim. Here’s a list of top deductions you shouldn’t overlook to reduce your tax burden and keep more of your revenue. 1. Home Office Expenses 2. Equipment and Supplies Laptops, software subscrip...

Starting a business in Quebec? One of the first tax obligations you may encounter is registering for and filing GST (Goods and Services Tax) and QST (Quebec Sales Tax). Here's what you need to know to stay compliant and avoid surprises. Do You Need to Register? If your total taxable revenues (before...

Starting a Business? Choose the Right Structure From the Start Whether you're launching a side hustle, full-time venture, or startup, one of the first questions you'll face is: Should I incorporate or operate as a sole proprietorship? At Fractional Accounting, we help entrepreneurs across Canada and...

Payroll Doesn’t Have to Be Complicated — Here’s How to Do IYourself (With Our Help) Yes, You Can Do Payroll Yourself Running payroll sounds intimidating—especially when deductions, remittances, and government deadlines are involved. But here’s the truth: Most small business owners in Quebe...

Before outsourcing your books, here’s what Quebec and Ontario startups should know about bookkeeping. Learn how to stay in control, save money, and build a business that scales. Bookkeeping Isn’t Just Data Entry—It’s Business Intelligence If you’re a startup founder in Quebec or Ontario, y...