Hand your books to your accountant

At year-end, package everything your accountant needs in one file:

1. Go to Ledger › Reports and open the Year-End Pack tab.
2. Set the Fiscal year-end date (it defaults to last December 31).
3. Click Download handover pack (.zip).

The ZIP holds the trial balance, general-ledger detail, and all three primary statements (profit & loss, balance sheet, cash flow), plus GST/HST worksheets and reconciliations, all as CSVs, along with every bill and invoice PDF for the year and a cover sheet. It's built to be read by a person, so it works no matter what software your accountant uses.

The profit & loss carries your book's declared basis. The cash flow statement is always the indirect method, so it has no basis label: its whole job is to reconcile accrual profit to the cash that actually moved.

When they send back adjusting entries, the Upload adjusting entries panel on the same tab brings them in. This is a handover, not a filing: your accountant still prepares and files the return.

What to tell your accountant about sales tax

The handover cover sheet says this too, but it is the one thing worth repeating, because it differs from QuickBooks and getting it wrong costs money.

Meals input tax credits are already restricted to 50%. TALISK_HQ applies the ITA s.67.1 / ETA s.236 limit when each bill or charge is recorded, so the ITC figure on the GST worksheet and on account 1110 is already net of it. In QuickBooks the usual practice is the opposite: claim the full credit through the year and add back 50% at year end. An accountant working from that habit will restrict your meals credits twice.

Two things they should also know:

• The expense side is not restricted. Account 5800 carries the full cost of each meal. The 50% income-tax deduction limit has not been applied and is still theirs to make.
• PST is inside the expense, not a separate line, because it is not recoverable.

When you last counted stock

If your books track cost of goods, the cover sheet also carries the date you last physically counted stock, which is a question your accountant asks anyway. Record it in Ledger › Setup before you build the pack. TALISK_HQ books cost as stock sells and never counts your shelves, so any difference between the ledger and a real count is a year-end adjustment for them to make.