We are all a little on edge these days about finances, job security and the health of ourselves and loved ones.  The Canadian Government is trying to help all Canadians with financial hardships due to COVID-19. For business owners’ this is one part of the economic response plan.

Working remotely is and can be a very sharp double-edged sword.  Yes, you now get to reduce your commute and get to stay home, but this can be harder for many due to the lack of routine.  Plus the distractions - whether it’s your children wanting your attention, a pile of dishes in the sink that suddenly looks more appealing than your work to-do list, or a quick three-hour binge of that one Netflix show you’ve been dying to watch, staying productive at home will for most take a little extra effort.  Here are five tips to help you reclaim your 9 to 5, and boost productivity.

We wanted to share our curated knowledge of scams relating to the COVID-19 crisis, to help keep you safe and informed. Currently, fraudsters are trying to profit from consumers' fears, uncertainties, and misinformation; exploiting the crisis to facilitate fraud and cyber crime.

With growing global concerns around COVID-19 and more recently, the ‘global pandemic’ declaration by the World Health Organization, we at BAASS Business Solutions Inc. have been taking various precautionary measures and adjusting our operations to ensure the health and safety of our employees, clients, families and surrounding communities. We are making every effort to ensure this situation does not impact the quality of service and support that our staff are providing to our clients.

Business Intelligence (BI) is described as the transformation of raw data into relevant and practical information for business purposes. This term encompasses the processes and methods needed to analyze, display, and report from business operations or activities. The implementation of Business Intelligence can help your organization make better decisions, especially due to the abundance of information that can be retrieved nowadays; except to have access to your business’ information easily.

Getting paid and paying your staff is one of the top priorities of both employees and ownership. Regardless of the size of the organization, ensuring payroll is run correctly and on time is always top of mind. Having your payroll integrated with your ERP (Enterprise Resource Planning) will both streamline and automate this process. One ERP solution that provides a payroll module out of the box is Sage 300cloud (formerly known as Accpac).

Staying up to date with changing legislation and regulations can be troublesome for busy professionals. With several new rules affecting the 2020 payroll, BAASS has put together a summary of what you need to know.

A Registered Retirement Savings Plan (RRSP) is a type of financial account that holds savings and investment assets. RRSP funds are crucial for retirement, so it is important to contribute to this fund each year. By contributing to your RRSP you are reducing your annual gross salary your income tax is calculated on, which may reduce the amount of tax you pay at tax time. But how much is too much? In this blog, we will discuss how to calculate your maximum annual contribution limit.