Blog

The perfect blog is one that will do all of these things: inform, be timely and up to date with all the pertinent information and takeaways that Canadian business owners need in order to operate in today's environment. Take a fresh approach to accounting solutions—no gimmicks, no pressure, just great service and great results. That’s Elevate by Welch LLP.
Elevate offers Canadian small businesses everything they need so they can run a successful business without breaking the bank
Business Advice from Business Owners

Business Advice from Business Owners - Part I

Business Owners

Have you ever wondered what makes businesses and the people behind them successful? At Elevate, we help dozens of businesses every day, and can share some insight into what drives them to be successful. Many Elevate cloud-bookkeepers and managers were ...

Read more
Accountant or Bookkeeper

Accountant or Bookkeeper? Controller or CFO?

Accounting, Bookkeeping

Accounting is the language of business. So, to speak it can open many doors. However, it seems that most people know just enough to get by — but not enough to thrive. To help you better understand the world of accounting, we've compiled this guide to a ...

Read more
Top-9 Reasons to hire a cloud-bookkeeper in 2021

Top-9 Reasons to hire a Cloud-Bookkeeper in 2021

Bookkeeping, Business Owners

Local bookkeepers are typically recommended because of their proximity, as they are in the same city and can come to your office or home for a meeting. That being said, the advent of remote bookkeeping and cloud-based services has made it easier than e ...

Read more
9 Easy Steps to Reconciliation for QuickBooks Online

9 Easy Steps: How to Reconcile your Company's Bank Account in QuickBooks Online

Bookkeeping

What is a bank reconciliation? In a nutshell: the accounting records on your company’s books and the figures on your bank statement should match up, but if they do not then this is what triggers the need for a bank reconciliation. The process of comple ...

Read more
Innovation in Accounting

How to Lead Innovation at your Firm - with Sean Duffy at Elevate by Welch

News

It’s no secret that the future of business is changing. What might not be as well known is how quickly new technologies and regulations in Canada are impacting accounting and bookkeeping services. Accountants and bookkeepers need to be on the cutting e ...

Read more
Accounting across borders: 12 Opportunities and 7 Challenges faced by International Businesses

Is Your Business Ready to Spread its Wings? 12 Opportunities and 7 Challenges When Going Global

Accounting

Accounting across borders can be challenging, but also full of opportunities. It’s especially true now with the increased globalization of commerce and the shifting financial landscape. In this post we present twelve opportunities – and sevenchallenges ...

Read more

A Brief History of Bookkeeping & Accounting

Accounting, Bookkeeping

"How bookkeeping works" is a common question asked by business owners and those who need to understand how accounting works. Double-entry bookkeeping is the most common form of bookkeeping because of the way it tracks money in an organization - and it ...

Read more
crypto and taxes 2021

2021 Guide to Crypto and Taxes

Bookkeeping, Taxes

#Doge To The Moon! So, you invested in crypto. By most accounts, you are not alone. And while this is a hot topic, many people still don't fully understand and grasp the consequences of investing in cryptocurrencies. The guides on Reddit and the intern ...

Read more

Bookkeeping & Accounting Series

Accounting, Bookkeeping

In this series of posts, we will explore core bookkeeping and accounting concepts. Have you ever wondered who invented the double-entry system of bookkeeping? Do you want to know how to keep track of your finances and expenses? How to set up your bookk ...

Read more
Innovation in Accounting

What Does Innovation Mean to Canadian Accountants and Bookkeepers – with Sean Duffy at Elevate by Welch

Business Owners, News

It’s no secret that the future of business is changing. What might not be as well known is how quickly new technologies and regulations in Canada are impacting accounting and bookkeeping services. Accountants and bookkeepers need to be on the cutting e ...

Read more

Meet the Cloud-Bookkeeper: Monica Valbuena

News

"If you can dream it you can do it." Tom Fitzgerald coined this, not Walt Disney. Accounting & Bookkeeping is not a fairy-tale story. It's a profession that involves numbers that have real-world implications, for me, this is what makes it interesti ...

Read more

Meet the Cloud-Bookkeeper: Melanie Aumont

Bookkeeping

“Life moves pretty fast. If you don't stop and look around once in a while, you could miss it”, says Melanie, quoting Ferris Bueller. Why is this such a great quote? It takes a sombre look at life and reminds us that we never know what will happen tomo ...

Read more

Meet the Cloud-Bookkeeper: Anita Nadeau

Bookkeeping

“If you are going through hell, keep going”, said Winston Churchill. The same mantra applies to bookkeeping, says Anita Nadeau. “You have to keep going, you have to stay focused on the big picture”, she adds. This inspirational quote has led her to pur ...

Read more
Top 50 women in accounting

Caroline Proulx – One of Practice Ignition’s Top 50 Women in Accounting

Accounting, News

Change is constant in our ever-evolving world, but one thing is for sure: women around the world are making their voices heard, stepping up, and leading the change. Caroline Proulx, Onboarding Manager at Elevate by Welch, is one of these outstanding wo ...

Read more
the business of filmmaking

Elevate by Welch at the International Film Festival of Ottawa

News

The International Film Festival of Ottawa in its first year, brought film and filmmakers together for a few days in March to celebrate and explore the art, craft, and social impact of cinema. The art & science of filmmaking has exploded in populari ...

Read more

Elevate by Welch and Naturally Vero Partner Up to Support the Community

Business Owners, News

Caroline Proulx, Onboarding Manager at Elevate by Welch , is a compassionate leader and is always eager to support her community. With the aim to support both families in need as well as local businesses, Caroline organized the Meals that Heal campaign ...

Read more
How-to guide for home office deductions in Canada

How-To Guide on Employee Home Office Expenses Deduction due to COVID-19

COVID-19, News, Taxes

COVID-19 and working from home. Some feel strongly about it, others not so much. The CRA has released guidance on the home office expenses deduction that employees may claim on their 2020 personal income tax return (T1) because of the COVID-19 pandemic ...

Read more
Benefit from the 10% Temporary Wage Subsidy in 2020? Find out how to file form PD27. Not sure how?

Guide for Temporary Wage Subsidy (TWS) filing form PD27

Bookkeeping, COVID-19, Payroll, Taxes

Were you eligible for the 10% Temporary Wage Subsidy and you accounted for it during 2020? If you did and you have a payroll account with the Canada Revenue Agency, you have to complete and submit Form PD27. As an employer, filing your TWS information ...

Read more
Hiring a bookkeeper

Why You Should Hire a Cloud-based Bookkeeper in 2021

Bookkeeping, Business Owners, COVID-19, Taxes

Running a business is hard enough. You need to replace yourself everywhere. Have you given thought to outsourcing your bookkeeping? Find out why - and how it can actually save you time & money.

Read more
Elevate_WelchLLP_image (1)

Locations

Ottawa

123 Slater Street, 3rd Floor
Ottawa, ON K1P 5H2
More Info

Toronto

36 Toronto Street, Suite 1070
Toronto, ON M5C 2C5
More Info

Gatineau

101 - 259 boul St-Joseph bvd
Gatineau, QC J8Y 6T1
More Info

Contact Us

linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram