For example, say I receive $2000 a month from my provincial pension and $600 from CPP; according to retired friends, once Iâm 65, the provincial pension will be dropped to $1400 a month and I will receive $600 from CPP â essentially, a big drop in income regardless of which cheque is affected.
QuickBooks is an accounting software package developed and marketed by Intuit. QuickBooks products are geared mainly toward small and medium-sized businesses and offer on-premises accounting applications as well as cloud based versions[2] that accept business payments, manage and pay bills, and payroll functions.
QuickBooks Online is a double-entry accounting system that is designed to make basic bookkeeping and accounting tasks easy. You can access and edit your accounting information anytime and from anywhere, and in just a few clicks you can set up the proper accounts to track your startup funding.Whether you need to track debt funding, equity funding, or both, QuickBooks makes it easy to get started.ou are required to pay back the debt in compliance with a re-payment schedule. Equity funding refers to the cash you trade for a portion of ownership (equity) in your business, and typically your investors are only paid back once your business is making a profit.