This Business Owner Made the Same HST Mistake for 5 Years. Are You Doing It Too?

She kept records, filed on time, and tried to do everything properly. But one HST mistake had been repeated for five years—and a CRA letter brought it to light. In this video, I share how we discovered two significant errors in one quarter, why familiar accounting terms can be misunderstood, and how gaps in a bookkeeping system can let mistakes continue unnoticed. Whether you run a business or a side hustle, being organized is only part of the picture. You also need to understand what your numbers mean—and have a process that captures the whole financial story. 🎓 START WITH MY FREE MINI-COURSE “What the Fiscal Year Does the CRA Want?” Learn about the pieces your bookkeeping workflow needs, with video modules, templates, and my three-legged stool analogy: https://cleanupqueen.thrivecart.com/f... 👑 WANT HELP WITH YOUR BOOKKEEPING? Book a one-hour consultation to work through your questions, review particular areas of your bookkeeping, and identify practical next steps: https://cleanupqueen.thrivecart.com/1... I’m Stephanie, the Bookkeeping Queen. Whether you’re building your own empire or working a side hustle, I help you understand your finances, build simple bookkeeping systems, and reclaim your sleep, your sanity, and your Sundays. Subscribe for straightforward bookkeeping education for Canadian business owners. This video provides general education. The treatment of individual transactions and any corrections depends on your circumstances. #Bookkeeping #HST #SmallBusinessCanada