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Wave is a Canadian company that provides financial services and software for small businesses. Wave is headquartered in the East Bayfront neighborhood in Toronto, Canada.. The company's first product was free online accounting software designed for businesses with 1–9 employees, followed by invoicing, personal finance and receipt-scanning software (OCR). [1]
In all provinces where the provincial sales tax is collected, the tax is imposed on the sale price without GST (in the past, in Quebec and in Prince Edward Island, PST was applied to the combined sum of sale price and GST). Of the provincial sales taxes, only the QST (and the HST) are value-added; the rest are cascading taxes.
This technique applies market-supported yields (or discount rates) to projected future cash flows (such as annual income figures and typically a lump reversion from the eventual sale of the property) to arrive at a present value indication. In Canada, reversion values typically range from 16x-21x the NOI of year of sale.
You must have a minimum monthly sales volume. $5,000, $7,000, and $10,000 are common minimums. ... The advance rate is the percentage of your invoices’ value that you will be paid upfront ...
The advance rate is based on the amount of your invoices and typically falls between 70 and 90 percent of your total invoice amount. Most companies can also provide funds quickly, such as one to ...
sales discounts allowed are reduced payments from the customer based on invoice payment terms such as 2/10, n/30 (2% discount if paid within 10 days, net invoice total due in 30 days) interest received for amounts in arrears; inc/exc amounts capital goods&services, non-capital goods&services input valued added tax, with cost of non-capital ...
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