This includes recording of all daily transactions including sales and expenses, tying back to bank and credit card reconciliations. It encompasses every step of the accounting cycle, from setting up accounts and entering transactions to closing out accounts at the end of an accounting period.
Preparation of any associated tax returns such as GST and PST.
Financial statement preparation.
Guidance on areas that can be done differently to save you time and cost that become clear in the processing of daily transactions
Our team of experienced tax professionals will ensure that your tax returns are filed accurately and on time. We stay up-to-date on the latest tax laws and regulations to ensure that you are taking advantage of all available deductions.
We offer comprehensive payroll services, including processing payroll, managing employee benefits, Worksafe remittances and filing payroll taxes. Our team will handle all of the details so you can focus on growing your business.
Some clients take a hands off approach with their A/R and A/P. Our firm can work with you to control these things on your behalf, reporting as needed. Some clients require their bookkeepers to prepare invoicing and follow up for payment as needed. Some clients also like their bookkeeper to be in charge of paying their payables on their behalf. This can look like your bookkeeper paying this directly from your account or setting up payments that need to be approved on your end.
When businesses are initially setup, its of high importance to ensure that the software where the financial records are stored and accounted for are properly setup from the beginning. Doing this as a first step will save headaches and costs later as there will not be a need to correct any misclassifications. A professional setup will ensure that you can rely on your software from day one.
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