You can also try online tools to calculate your BMR. These calculators usually involve inputting your sex, height, weight, and age to estimate your BMR. These calculators use the known formulas to make a guess based on your information. Knowing your BMR can be helpful when you are trying t...
To calculate the foreign exchange gain or loss on accounts receivable for tax purposes, follow these steps: 1. Enter the invoice into your accounting software as of the date the service was completed. Use the exchange rate in effect as of the invoice date to report the invoice amount in Can...
Pensionable earnings are used to calculate the amount of CPP contributions due to the CRA. It’s important to remember thatCPP contribution rates, maximums and exemptionsare updated annually. With that in mind, always check for updates from the CRA or, better yet, use a payroll software likeW...