Yes, those FINTRAC reporting reminders are blanket emails sent to all our Canadian customers using Intuit's money service products, including Payments and Payroll direct deposit services, usercloud9ninedesign.
To keep our customers informed about the new FINTRAC regulatory requirements, we are sending emails to notify them that Intuit is updating specific elements within QuickBooks Online (QBO) to ensure our products remain compliant.
In order to align with FINTRAC guidelines and maintain regulatory compliance, we now require certain information from all customers in Canada who use payments and payroll services.
For more insight about QBO and FINTRAC, please see this article: What you need to know about FINTRAC.
You may also want to generate financial reports to maintain a clear view of your business's cash flow and ensure all financial transactions are accurate.
Drop a comment below if you have follow-ups or other QuickBooks-related concerns.
