Paradise, Newfoundland and Labrador

Accounting software in Paradise

Books for Paradise's retail, construction and professional services — each client in a company of its own, on its own chart of accounts. Bank and card statements read and proved, HST at 15%, and year-end working papers — online or on Windows.

Books in Paradise

What a set of Paradise books has in it

In a town of about 22,000 where retail is the main employer, the books are usually kept by the owner or by one bookkeeper looking after several local businesses at once. BooksAuto is priced for that — per company, no per-user charge, and nothing to install unless you want it.

The local detail that shows up in the ledger: one of the fastest-growing towns in the province, and its employers are mostly small and new — and the books have to reflect it rather than flatten it.

Month end starts with the statements, and BooksAuto reads a bank or credit card statement from a PDF, a scan or a CSV and proves it against the statement total before anything is posted. A dropped page or a doubled transaction is caught then, not at year-end. Transactions are coded to the chart of accounts and learn from the corrections you make.

Retail in Paradise

The part of these books that catches people out

Construction books carry holdbacks and progress billings, where the date revenue is earned, the date it is invoiced and the date the tax becomes payable are three different dates. Getting them onto the right periods is most of the work, and it is what makes a construction year-end painful when it has not been done monthly.

General Canadian sales-tax treatment, not advice on your own return — and municipal charges vary, so confirm what applies to your business before you file.

Set by the province, not the city

Sales tax behind a Paradise ledger

A Paradise business charges HST at 15% — a provincial rule, so the same in every Newfoundland and Labrador town. How the accounts are set up for it and how input tax credits are tracked is on the Newfoundland and Labrador accounting page.

Payroll is in the same program, so a Paradise client's wages, source deductions and employer cost post themselves into these books on the accounts you chose — nothing re-keyed from a payroll summary.

Accounting features

What you need to keep a set of books in Paradise

Any statement, proved to the cent

Bank and credit card statements read straight from a PDF, a scan or a CSV — then balanced against the statement total, so nothing is quietly dropped or doubled.

Categorized as it comes in

Transactions are coded to the chart of accounts and learn from the corrections you make, so the second month takes a fraction of the first.

GST, HST, PST and QST

The sales tax return comes out of the ledger rather than a spreadsheet, with the working behind every figure and the input tax credits separated out.

Customers, vendors and invoices

Invoices and bills with what is owed and owing, aged, and the payments matched against them.

Reconciliation you can show

Bank reconciliations with the outstanding items listed, so a reviewer can see why the books and the statement differ.

Working papers A–N

The year-end file an accountant actually hands over: lead sheets, the trial balance, the adjusting entries and the support behind each one.

Payroll posts itself into these books, so wages, source deductions and the employer cost land on the right accounts without a journal entry.

Pricing

Accounting software pricing in Paradise

Same price everywhere in Canada — 50% off Payroll for your first year. Accounting firms: $3 Payroll + $3 Bookkeeping per client per month.

EMP10 $5/company/month $10 · first year Up to 10 employees + Add to my package Free trial
EMPMAX $22.50/company/month $45 · first year Unlimited employees + Add to my package Free trial

Full pricing details →

Questions

Accounting questions from Paradise

What is different about retail books in Paradise?

Construction books carry holdbacks and progress billings, where the date revenue is earned, the date it is invoiced and the date the tax becomes payable are three different dates. Getting them onto the right periods is most of the work, and it is what makes a construction year-end painful when it has not been done monthly.

What sales tax applies to a Paradise business?

A business in Paradise charges HST at 15%, the same as the rest of Newfoundland and Labrador. Sales tax is set by the province, not the city — though a municipality may levy its own charge on things like accommodation, which is reported separately from the sales tax.

Can you read my bank statements?

Yes — as a PDF, a scan or a CSV. Each statement is proved against its own closing total before anything is posted, so a missing page or a doubled transaction is caught at the start of the month rather than at year-end.

How much does accounting software cost in Paradise?

The same everywhere in Canada: $10 per company per month, with a 30-day free trial and no per-transaction charge.

Do I need an accountant to use it?

No, though many Paradise businesses share the file with theirs. The year-end working papers are the ones an accountant expects, so handing the file over does not mean rebuilding it.

Start keeping Paradise books today

Buy a plan for your first company in two minutes — 50% off Payroll and Bookkeeping for your first year — or try everything free for 30 days, no credit card.