Bookkeeping & Accounting for Small Businesses

Services That Fit Your Needs

Our wide range of services to handle your bookkeeping and taxation needs include:

• Monthly, Quarterly & Yearly Bookkeeping. We provide year-end tax support to simplify compliance with complete T2 filing and financial statement preparation.
• Bookkeeping, Accounts Payable and Accounts Receivable
• Business Tax Preparation Services & Compliance Support
• CRA Audit Assistance. We are your trusted partner during audits or reviews, offering guidance and representation.
• Payroll Management, accounting and system integration
• Bank & Credit Card Reconciliation
• Financial Reporting and Management Reporting
• Sales Tax Reporting
• Cloud Integration Services to support the transition to cloud-based accounting systems for greater efficiency and accuracy
• Cash Flow Forecasting. We proactively manage your finances with tools to predict cash flow requirements.
• Support for Bookkeepers
• Fractional CFO & Part-time Controllerservices to provide professional insights on business finance strategies.

Benefits of A Dedicated Small Business Bookkeeper

As your dedicated business bookkeeper, we take the stress off you and handle all your accounting & bookkeeping processes. Our services ensure you have the time and resources to focus on what you do best: running your operations. We provide real-time financial Insights to empower small business owners with up-to-date financial data for more effective decision-making.

We offer flexible and affordable bookkeeping services to help you manage business costs and get more done, saving you and your business from financial and tax filing risks. Get stress-free compliance solutions and eliminate the worry of missed deadlines or audits by ensuring all filings are accurate and on time.

Being your small business bookkeeper allows us to provide personalized recommendations that align with the client’s business goals. Our extensive dedication and commitment to your business ensure you have tailored advice for practical tax planning to improve your bottom line. Get financial management off your plate so you can be more productive with your time. We make your life easier!

FREQUENTLY ASKED QUESTIONS ON BOOKKEEPING

WHEN SHOULD I CONSIDER OUTSOURCING MY ACCOUNTING?

If you’re running a small business, there are several signs that you need to outsource your accounting functions. These can include:

• Generating significant business revenue, usually over $100,000
• Growing in size as a company
• Accepting investor capital
• Accelerating your growth
• Requiring sophisticated financial reports for decision-making
• Struggling to file your taxes on time and accurately

If you’re feeling overwhelmed by managing the accounting needs of your business in-house, are missing filing deadlines, and lack financial clarity, you should consider outsourcing to a professional firm.

HOW CAN YOU HELP ME GROW MY BUSINESS?

Accountants are experts at managing money, meaning they’ll be able to help you find ways to use your resources more effectively. This can include offering strategic advice, generating ideas to save money, and finding ways to boost revenue. We also allow you to focus on the core function of your business, letting you pour time and energy into what you do best.

IS VIRTUAL BOOKKEEPING PROFITABLE FOR MY BUSINESS?

Yes, virtual bookkeeping can be profitable for businesses of all sizes, as it offers cost-effective, flexible, and efficient services. The virtual model eliminates overhead costs, allowing bookkeepers to pass on the savings to their clients.

HOW DOES ONLINE BOOKKEEPING WORK IN CANADA?

Our virtual bookkeeping work for you is done using cloud-based accounting software. We can access your accounting from any device with an internet connection. Bookkeepers use accounting software to manage clients' financial records, process transactions, reconcile bank statements, and generate financial reports.

HOW MUCH DOES A VIRTUAL BOOKKEEPER COST?

The cost of virtual bookkeeping services varies based on the scope of work and the bookkeeper's experience and credentials. On average, virtual bookkeeping services in Canada can cost anywhere from $500 to $3,000 monthly. It is best to get a quote from a professional to determine the exact cost for your business.

WHAT IS THE ONBOARDING PROCESS FOR NEW CLIENTS?

We understand that every business has different needs, so we take the time to get to know you and your business for a seamless start. We dedicate time and resources to building trust and confidence from day one while maintaining professional ethics.

WHAT DELIVERABLES CAN YOU EXPECT WHEN WORKING WITH US?

As your dedicated accountants and bookkeepers, we provide transparency and set expectations for ongoing value through the following ways:

A simple and efficient onboarding process

Step 1: Initial consultation to understand your business and its unique needs.

Step 2: Securely set up access to your financial records and accounting software.

Step 3: Develop a customized bookkeeping plan tailored to your goals.

Step 4: Provide training (if needed) on collaborative tools and systems to ensure smooth communication.

We go above and beyond for our clients to provide:

• Detailed monthly financial reports on income, expenses, and profitability.
• Quarterly tax summaries and filing support for GST/HST, payroll taxes and other CRA requirements.
• Customized advice on financial growth strategies and tax planning.
• Clear communication with a readily available dedicated bookkeeper to address questions or concerns.