Setting up your corporation's accounting properly from day one can save you real time, money, and cleanup at year end — and it's one of the most common things new corporation owners either skip too long or overcomplicate.

In this episode I walk you through exactly how to set it up right, so your books are actually working for you instead of catching up to you.

What we cover:

- Choosing accounting software — QuickBooks Online vs. Xero, and how to decide

- DIY bookkeeping vs. outsourcing to an accountant

- Setting up your chart of accounts, including the shareholder loan account

- Separating personal and corporate finances — and why it matters more than you'd think

- Record-keeping and bookkeeping cadence — what CRA actually requires

Free resource: grab my Newly Incorporated Guide, which covers this a ...