Courtney at CKH Bookkeeping & Payroll Shares The Top 5 Common Small Business Bookkeeping Mistakes

30. Oct 2025 Trusted Saskatoon Saskatoon Bookkeepers, Talk to Experts, Trusted Tips

CKH Bookkeeping & Payroll provides customized bookkeeping and payroll solutions tailored to meet the unique needs of each business. With over a decade of experience across diverse industries—including technology, insurance, automotive, healthcare, and small to mid-sized local businesses—the team offers reliable, detail-oriented support designed to help organizations thrive. In Courtney's latest bookkeeping tip

Top 5 Common Bookkeeping Mistakes Small Business Owners Make (and How to Avoid Them)

Every small business owner makes mistakes; it’s part of the learning process. But when it comes to bookkeeping, some errors can cost time, money, and peace of mind. After years of working with Saskatchewan entrepreneurs, I’ve noticed a few patterns that keep popping up. Here are five of the most common bookkeeping mistakes I help clients fix—and how to avoid them.

Mixing personal and business spending
It’s tempting to grab your business card for groceries or your personal card for a supply run. But mixing funds makes tracking expenses messy and taxes harder. Keep them separate—it’ll save hours later.
Falling behind on record keeping
Bookkeeping isn’t like spring cleaning…it can’t wait until “someday.” Waiting too long creates confusion and missed deductions. Set aside time each week to update your records, or better yet, let someone like me keep things running smoothly for you.
Ignoring receipts
Receipts are your proof when the Canada Revenue Agency comes calling. Keep them organized digitally or in monthly folders. Think of them as breadcrumbs that tell the story of your business spending.
DIYing for too long
Doing your own books might save a few dollars now, but small mistakes can turn into big problems down the road. Professional bookkeepers know how to keep your books compliant and efficient.
Not understanding the reports
Bookkeeping isn’t just about compliance, it’s about insight. If you don’t understand what your reports are telling you, you’re missing out on key business intelligence.

At CKH Bookkeeping & Payroll, I help small business owners in the Saskatoon area avoid these pitfalls and build financial systems that actually work for them. If you’ve made some of these mistakes, don’t worry, you’re not alone, and it’s never too late to get back on track.

Visit www.ckhbooks.com to connect with me. Let’s get your books working for you instead of against you.

CKH Bookkeeping & Payroll offers trusted, professional service that adapts to each business—ensuring accurate records, compliance, and peace of mind. Serving Saskatoon and surrounding area.

"Simplify Your Success"

CKH Bookkeeping & Payroll - Your Trusted Saskatoon Bookkeepers

Trusted Saskatoon Bookkeepers at CKH Bookkeeping & Payroll Share Their Year-End Tips for Small Business Owners

30. Oct 2025 Trusted Saskatoon

CKH Bookkeeping & Payroll provides customized bookkeeping and payroll solutions tailored to meet the unique needs of each business. With over a decade of experience across diverse industries—including technology, insurance, automotive, healthcare, and small to mid-sized local businesses—the team offers reliable, detail-oriented support designed to help organizations thrive. In Courtney's latest bookkeeping tip about getting organized for your company or organizations year end !

Tax Time Without the Stress: Year-End Bookkeeping Tips for Saskatchewan Small Business Owners

Tax season doesn’t have to feel like an uphill climb in a snowstorm. A little preparation throughout the year makes year-end a lot smoother and less stressful.

Here are a few ways to make tax time easier:

Stay organized year-round
Keep digital copies of receipts, invoices, and statements. Tools like Dext or Hubdoc make it easy to upload and categorize as you go, so you’re not sorting shoeboxes in March.
Reconcile monthly
Reconciling your accounts each month is like balancing your chequebook; it ensures that what’s in your books matches what’s in your bank account. Minor errors caught early are easier to fix.
Track deductions as you go
Don’t wait until year-end to guess at business mileage or office expenses. Keeping consistent records means you won’t leave money on the table.
Communicate with your bookkeeper.
A good bookkeeper can save you time and help you stay compliant. Think of us as your co-pilot through the financial side of your business.

At CKH Bookkeeping & Payroll, I help small business owners in the Saskatoon area feel confident and prepared for tax time. My clients don’t scramble in April because their books are already organized all year long.

If you’re tired of dreading tax season, reach out today at www.ckhbooks.com. Let’s make next year your smoothest one yet.

CKH Bookkeeping & Payroll offers trusted, professional service that adapts to each business—ensuring accurate records, compliance, and peace of mind. Serving Saskatoon and surrounding area.

"Simplify Your Success"

CKH Bookkeeping & Payroll - Your Trusted Saskatoon Bookkeepers

Introducing CKH Bookkeeping & Payroll As Your Trusted Saskatoon Bookkeepers

15. Jun 2025 Trusted Saskatoon Saskatoon Bookkeepers, Trusted Brag Blogs, Trusted Tips

The Trusted Saskatoon team is pleased to welcome CKH Bookkeeping & Payroll to the Trusted Saskatoon community as your Trusted Saskatoon Bookkeeping experts. With a reputation for reliability, personal service, and financial precision, CKH Bookkeeping is a business built on trust, hard work, and a genuine passion for helping other local entrepreneurs succeed.

Owner Courtney K. Haughey is Saskatoon born and bred. She began her financial career as a finance assistant with Galon Insurance, where she laid a strong foundation in the industry. After completing multiple courses and building years of experience, Courtney made the bold decision to launch her own business in 2020 during the height of the pandemic. What began as a solo venture quickly evolved—first as a consultant with her first client, Full Throttle, and then as a growing business. In 2023, Courtney hired her first employee, Brittny, marking an exciting new chapter for CKH Bookkeeping & Payroll.

Today, CKH Bookkeeping serves a range of small businesses in Saskatoon and beyond, including clinics, retail stores, auto industry businesses, tech companies, and startups. With a client sweet spot of up to 25 employees, Courtney and her team specialize in making bookkeeping stress-free. They handle the details so business owners can focus on what they do best.

Personal relationships are at the heart of Courtney’s approach. She takes the time to get to know her clients and their goals, and she’s committed to growing her business at a steady pace with the right clients, without feeling pressured.

Courtney's clients couldn’t say enough good things when we spoke to them. Time and again, they described her as trustworthy, professional, and someone they would recommend without hesitation. She takes pride in showing clients what their business can look like with the right financial support—clean, efficient, and stress-free.

“ I am extremely pleased with the services I receive from CKH Bookkeeping. Courtney is not only easy to work with but also provides prompt support and invaluable advice. Her dedication to ensuring I am well-educated on best practices in financial management has been instrumental in improving my financial decision-making.” -Rachel Drew, CEO of Cadence Final Document Services Ltd.

“ CKH Bookkeeping & Payroll provides me and my growing business with the most efficient and reliable bookkeeping support we have ever received. During her time with the Speech Language Network Ltd., owner Courtney Haughey has helped build employee packages and has put numerous functional systems in place surrounding accounting, billing processes, and onboarding new staff. Courtney is exceptionally organized, friendly, and prepared, and ensures things flow, bills are taken care of and everyone is paid on time. In addition, she always goes the extra mile to ensure you understand everything and is readily available for consultation with our team members. Courtney Haughey is a gift to my business and has fostered development and growth. I would recommend her without hesitation to any organization looking to streamline their bookkeeping and payroll systems, to ensure their teams are taken care of and that the books are accurate and up to date. " - Kara Broks, The Speech Language Network

Services CKH Offers

Include:

Bookkeeping
-Accounts Payable & Receivable
-Month End Reconciliation
-Tax Remittances
-Reporting
Payroll Services
-Payroll processing
-Vacation
-Time Tracking
-Benefits Management
-T4’s

Software Implementation & Management

Electronic Document Management

Year End Preparation

When she’s not keeping books in perfect order, Courtney enjoys walking her high-energy Pomeranian-husky mix, weightlifting, spending time at the lake, traveling, and reading. She recently celebrated a milestone 10-year wedding anniversary, reflecting the same long-term commitment she brings to her clients.

We are proud to promote and support CKH Bookkeeping & Payroll as a Trusted Saskatoon Bookkeeper. Welcome to the Trusted community, Courtney!

10 Benefits of Cloud Accounting Software By Trusted Saskatoon

18. Feb 2023 Admin Saskatoon Bookkeepers, Trusted Tips

10 Benefits of Cloud Accounting Software for Business

More and more business owners are turning to cloud accounting software to manage their business’s finances. If you haven’t yet tried it, here are 10 ways online accounting software can help your business.

Save time with automation

Don’t waste time posting and chasing invoices. Cloud accounting software automatically generates invoices— as well as reminders — at regular intervals, meaning you don’t have to manually keep track of debtors. If you combine your accounting software with HR and Payroll applications you can also automatically generate payslips and other HMRC documents.

Work from anywhere with an internet connection

Cloud accounting software means you no longer need to worry about maintaining spreadsheets or installing a program on one machine. The cloud allows you to log in to your business’s account anywhere with an internet connection. Once you sign up, you can get started straight away.

Value for money

Instead of paying a huge one-off fee for accounting software, with the cloud, you can spread the cost by paying monthly — helping you to manage your business’s cash flow. If you do prefer to pay upfront, you’ll benefit from a discount.

Up-to-date data

Automated bank feeds allow you to keep track of your business’s balance sheet in real-time. You can also view a variety of reports that give an up-to-date snapshot of your business finances. Online accounting software makes it easier to get closer to your business and gives you a clearer picture of your finances as a whole.

Keeps your information secure

As your data is saved on a secure cloud server and is constantly backed up, you don’t need to worry about your data being hacked or compromised. Even if your computer crashes, everything is still saved in the cloud.

Intuitive and easy to use

Cloud accounting software makes accounting easy for people who may not have much experience in managing financial accounts. The software is built with non-accountants in mind and help guides are available every step of the way.

Community of fellow business owners

A side benefit of joining the cloud accounting software revolution is joining an instant network of fellow business owners whom you can meet and chat with via community forums and business events.

Give access to multiple users and set permissions

If different people manage different elements of your business, it’s easy to add multiple users to your account and tailor permissions so that people with specific job roles only see what they need to.

Software is consistently updated and improved without you having to do anything

Rather than having to wait for a new integration of a program, cloud accounting software is constantly updated by in-house developers. This means that if things change, cloud software is agile enough to keep up-to-date in real-time. In addition, unlike desktop accounting software programs, these updates are free and included as part of your monthly subscription fee.

Collaborate easily with your accountant

In the past, it was common for business owners to chat with their accountant once a year at year-end — leading to one huge pile of work. Cloud accounting software lets you share your accounts with your accountant throughout the year and work together regularly.

Trusted Saskatoon Bookkeeping & Tax Tips If You Have Missing Tax Slips

18. Feb 2023 Admin Saskatoon Bookkeepers, Trusted Tips

Missing a Tax Slip? Here's How to Find it and What Happens if You Don't

Walk into a Canadian household in April and you’ll likely find a kitchen table littered with receipts and pairs of reading glasses. Yet with all the receipts and tax slips you’re supposed to keep, it’s likely some are going to go missing – and a missing slip can mean a big swing in your tax bill. Before you go ahead and file your return, you’ll want to do your due diligence to avoid any penalties for missing or inaccurate information.

Check your account online

My Account for Individuals is a great place to start to check your info. Logging into your account, you should be able to find online versions of your T4 slips. You’ll also be able to check carry-forward balances like tuition credits or capital losses, as well as your RRSP contribution limits. While you’re there, you can also sign up for a direct deposit to get your refund faster and deposited directly to your bank account.

Call the CRA

Only some of your tax slips will show up in My Account, namely the slips that begin with T4. To verify all your tax slips that the CRA has on file, particularly ones that relate to investments, you can call the Individual Enquiries line at 1-800-959-8281. Before you call, make sure you’ve got your SIN and last year’s tax return handy (which you can view online). After answering a few security questions, you can ask to confirm the slips they have on file for you and compare their records to yours to see if you’ve missed anything.

How do you know if the CRA has all your slips?

The majority of T3s, T4s, and T5s will all be processed through the CRA’s system. As the processing of these slips requires a SIN, the income on the slip is then attributed to you which you can then verify when you call the CRA.

‍However, not all slips go through the CRA’s system.

‍Certain slips such as T2202As for tuition deductions, T5008s for capital gains and losses, and RRSP contributions are not always processed by the CRA. While the rules differ across the various types of tax forms, some slips can be generated independently and don’t have to go through the CRA’s system first. For these slips, you’re going to want to track them down from the source provider since the CRA won’t have them on file.

For example, if you know you’re meant to receive a tuition credit, call the school to grab your form. If you’ve made some stock trades in the year, call your bank to grab a gains and losses report. Unfortunately, there’s no fool-proof way to know that you’ve got all these types of slips – you’ll just need to remember!

What happens if you still miss a slip?

If you file your taxes with a missing slip, don't expect a collections officer at your place. If the missing slip contained only a small amount of income, you may get lucky and the CRA may just ignore it. On the other hand, if it’s a significant amount of income, you may be automatically reassessed.

When this happens, as long as you’re in a refund position, you likely won’t have the interest to pay. Unfortunately, if the swing is big enough to generate a balance owing, you may have some interest to cover. If you missed a significant slip that the CRA does not have on file such as a tuition slip, not to worry, you can file an adjustment to your return down the road if you’re able to track it down. Before you file your return, double-checking that you’ve got all your slips covered will mean a faster refund, no interest, and less stress!

Trusted Tips & Resources

Courtney at CKH Bookkeeping & Payroll Shares The Top 5 Common Small Business Bookkeeping Mistakes

Top 5 Common Bookkeeping Mistakes Small Business Owners Make (and How to Avoid Them)

CKH Bookkeeping & Payroll - Your Trusted Saskatoon Bookkeepers

Trusted Saskatoon Bookkeepers at CKH Bookkeeping & Payroll Share Their Year-End Tips for Small Business Owners

Tax Time Without the Stress: Year-End Bookkeeping Tips for Saskatchewan Small Business Owners

CKH Bookkeeping & Payroll - Your Trusted Saskatoon Bookkeepers

Introducing CKH Bookkeeping & Payroll As Your Trusted Saskatoon Bookkeepers

Services CKH Offers

Include:

10 Benefits of Cloud Accounting Software By Trusted Saskatoon