We've Made Accounting Easy
Your T4a is the NET Amount - Use this Amount on Your Return:
For accounting clarification, this amount reflects your gross portion, minus any office portion which has already been deducted to arrive at this net amount.
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For Your Accountant: We've done the work - please remember to just deduct any Monthly Invoices from Sutton Group and, of course, any outside expenses.
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Additional expenses traditionally include:
TRREB Fees, Orea, Crea, RECO Renewals, Insurance, Courses, Advertising and all other expenses required to carry out your business. Gift Cards, Referrals and copies of any cheques to clients. Traveling? Attend a Conference in Florida, Auto Expenses, Green P Receipts, Staging, Cleaning Supplies, Social Media Boosted Ads.
Keep your percentages consitent. Refer to your spreadsheets of prior years to ensure there is no significant jump in values.
Business is Business - Personal is Personal
Two accounts should never cross. Use different credit cards - add different ones on Amazon, etc. Remember stores that email receipts: Home Depot, Amazon.
Sutton Keeps You More Organized Than You Think!
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