Our Services
Virtual Bookkeeping
We will setup a personal portal for each of our clients to upload necessary documentation related to daily business activities. Your information will be accessible anytime anywhere on your smartphone. You can setup your employee information, generate payrolls, and track your business expenses at your discretion in real time.
Bank & Credit Card Reconciliation
Banking, and credit card information is directly imported from their respective institutions. This ensures that every transaction is recorded and reconciled accurately. Along with reconciliation, we analyze any discrepancies between your statements and business records to ensure that each transaction is allocated to its corresponding category. Cross referencing and analysis of your accounts will ensure you are provided with an accurate record of your books, while simultaneously preparing you for Sales Tax Reporting, Corporate Returns, KPI Reporting or an Audit.
Payroll
Your company's payroll will be provided on a timely basis for whichever pay period you prefer. We will manage your employee database for payroll services including vacation pay, time off management, benefit deductions, and Record of Employment submissions. Contained within our flat rate you will be provided with payroll services along with Government Source Deductions reporting, Annual T4, and T4 Summary Remittances. Our flat rate will vary according to the number of employees.
Corporate Returns
A Corporate return will be prepared, and submitted through Efile within the flat rate. If applicable T5 Dividends, and/or T5018 Subcontractor reports will also be remitted. We will ensure that your file stays intact, and any Fixed Asset or Amortization is tracked for each tax year.
Personal Tax Return
Personal Tax Returns are prepared and tailored for each Individual, Family or Sole Proprietorship. We offer digital or in person tax preparation, whichever method you prefer. An EFile confirmation report will be sent to you upon submission of your personal tax return to the CRA. Take advantage of our bookkeeping services and have your Personal Tax Returns included with the flat fee.
Sales Tax Reporting
We will provide and remit a Goods and Services Tax, and/or Provincial Sales Tax Report to the CRA in accordance with your business reporting period.
Financial Statements Data Preparation
Our experience with full cycle accounting provides us insight into the preparation process of Financial Statements. Your books will accurately reflect the unique business operations of your respective industry, and will be presented to a Professional Accountant of your choice.
KPI Reporting
We will work in conjunction with you, and a Professional Accountant of your choice to provide you with the data you need to monitor the Key Performance Indicators of your business. Schedule your KPI preparation and help us to ensure you remain on top of your business needs, and operations.
Registry Services
We will prepare all the necessary paperwork for you, and correspond with Registry agents to ensure your company is registered in your respective Provincial/Federal database. A CRA Business number can be assigned to your company upon registration. We can also assist you with the Annual Reporting for your business to ensure your company remains in good standing.
Accounts Payable
We record and review each invoice to ensure there are no issues, as well as ensuring you are up to date with any payments. Alerts can be set up to notify you of any upcoming or past due payments that need to be made. Invoices are reconciled against all bank, and credit card statements, as well as the accounts payable sub ledgers.
Accounts Receivable
We can provide personalized templates for your business invoices. This allows you to issue the invoices directly to your clients, as well as provide them with notifications for due dates via email. As we reconcile each deposit to your bank statements, we will automatically be notified of any delinquent accounts, and insufficient payments. Each customer's balance will be reconciled, and you will be provided with a weekly or monthly aging report to help you monitor customer relations and reliability.
Audit Preparation
A thorough review is completed which will include company transactions such as, Sales Records, Expenses, Bank Reconciliations, Payroll, Validation of Supplies, Petty Cash (if applicable), and more. Due to our comprehensive analysis of your books and records, you can ensure any information related to your business operations has been recorded. All pertinent information will be easily accessible upon request of the Auditor.