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Montessori schools often face complex financial challenges, especially when it comes to revenue recognition. For one Montessori school in Toronto, managing revenue and subsidy reporting was a tangled process that led to inaccurate financial statements and compliance risks. This changed when Exactitude Bookkeeping Inc. introduced QuickBooks Advanced Revenue Recognition. The result was a clear, efficient system that ensured accurate accrual accounting and smooth subsidy reporti

Selecting the right accounting software is a critical decision for any business. It impacts how you manage your finances, track expenses, and prepare for tax season. For Canadian businesses, this choice becomes even more nuanced due to specific tax regulations, currency considerations, and compliance requirements. At Exactitude Bookkeeping Inc., we understand the importance of precision and clarity in financial management. This guide will walk you through the essential factor