Head Start Online School — Books
Head Start Online School
Bookkeeping Dashboard
Business Accounting
Transactions, P&L, Sales Tax
Personal Budget
Coming Soon

Head Start Online School

Books & Sales Tax — RBC Advantage Banking
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transactions on file
DateDescriptionCategoryAmountGST
Income
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Expenses
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Net Profit
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Income by category

Expenses by category

Figures are before GST — GST collected and paid isn't income or expense, it's money you're holding for CRA. Owner draws (money moved to personal use) are excluded from profit since they aren't a business expense.
GST collected
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GST credits (ITCs)
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Net GST owing
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GST collected only counts sales where you're responsible for remitting — Thinkific-processed sales are excluded automatically, since Thinkific already collects and remits that GST for you. Everything else (direct invoices, your own Stripe checkout) counts.

Extra GST credits not tied to an imported transaction