You are here

Bookkeeping

Our bookkeeping services are available for your Business or to Self-Employed individuals. Typical Self-Employment is referred to as a Sole Propriatorship, and its taxes are filed very similar to a business return. We do bookkeeping on a monthly, quarterly or annually basis.

We are able to help you with the following:

Income Taxes

Payroll

GST

T-Slips

Yearends (Financial statements)

Statements

Invoicing

Included in our bookkeeping fees are personal income tax returns for both you and your spouse (Some restrictions or conditions may apply).

If you are just starting a new business we can also assist you in registering the business with CRA (GST, Payroll) and Workers Comp (WCB).

No need to have receipts sorted or added, that is part of our service to you!

Bookkeeping is often confused with accounting, which is actually quite different. Bookkeeping is a necessary component of accounting and important to every business and even to most individuals, regardless of their incomes and expenses.
By itself, bookkeeping does not create accounting and/or financial statements, but it does display the "flow" of incoming and outgoing funds from a business or home environment.

The terms "bookkeeping" and "accounting" are often used interchangeably-- and incorrectly. Bookkeeping is typically the actual recording of business transactions into your accounting books and records. These records are used to perform accounting functions, provide analyses and critical information and be the basis for financial statements for a business or person.

Bookkeeping is one area most small business owners would love to forget about. Unfortunately, some of them actually do forget about it, resulting in mad scrambles for receipts and other financial information at tax time and the close of fiscal year. The trouble typical business owners have with bookkeeping is the time and effort involved. In small business settings especially, owners are so wrapped up in attending to every other aspect of running the day to day operations of the company that there is simply no time left over for bookkeeping. Inadequate bookkeeping is often the product of overworked entrepreneurs. But in spite of the fact that it gets ignored completely so often, this area of small business financial management is among the most critical.

Monthly Accounting & Financial Reporting

  • We pick up and deliver the work – each month we will provide you with a complete Financial Statement package - you will have more time to focus on your business

Tax Planning Payroll Services

  • We offer a complete payroll service
  • We pay your employees by cheque or direct deposit
  • We take care of all government remittances and reporting
  • We offer easy-to-read concise employer reports
  • We assign a dedicated Customer Service representative to your account

Accounting

Taxes

Payroll