Sales

  • Copy of all invoices

  • Access to Paypal or invoice software

  • Deposit book

Expenses

  • All expense invoices/receipts/agreements related to the business

  • All cheque stubs

Assets

  • A detailed Asset Listing of all assets acquired since the business’ inception, including date of purchase and original cost

  • Invoices for all capital assets purchased or sold in the current filing year. A capital asset is anything you purchased existing more than one year (e.g. computers, printers, furniture, etc.)

Statements

  • Business chequing statements

  • Credit card statements (mainly used for the business)

  • Paypal/merchant statements

  • Trade statements

Government Filings/Correspondence

  • Corporate Taxes

  • GST/HST

  • PST

  • WCB

  • Payroll Source Deductions

  • Personal Income Tax/Notice of Assessment

Info from Accountant/Former Bookkeeper

  • Latest back-up of accounting software/online access to cloud software

  • Trial Balance

  • Capital Cost Allowance Schedule

  • Business-use-of-home expenses/percentage

  • Motor Vehicle Expenses

  • Other pertinent notes/details

  • CRA letters (if not yet included in the above group)

  • Copies of GST/HST forms filed during the filing year and the last year filed, as well as forms received but not filed

Comment