May 2, 2018 Information

Bookkeeping

Bookkeeping


Don’t let your bookkeeping distract you from running the business! Let us take care of it for you.

We prepare proper double-entry accounting records from receipts, or from client’s records. We tailor the system to the needs of our clients, to provide the most efficient system. From these records we prepare interim financial statements upon request, and year-end financial statements and income tax returns, both personal and corporate.

In the case of corporations, we prepare the year-end financial statements, and as part of this process, give consideration to any legitimate transactions that can be arranged for tax reduction.

We are glad to explain the financial statements and tax consideration in simple terms, so that you understand what is happening and why. Where it is required, we can prepare a business plan along with the financial forecasts that go with it.

Here is how it works


At the beginning of each month we will gather the financial documents needed to do your bookkeeping including, bank statements, purchase and sales receipts.

Once we have all the documents we need, we will finalize and complete your books within 15 business days. We take care of the GST and PST filing with the respective government agencies and send you an email summary with the amounts owing.

Features

  • A team of experts

Our team is on hand to remove the burden of bookkeeping from your life. Over time, our team will come to know your bookkeeping needs inside and out, giving you peace of mind and more time to focus on your business.

  • Entirely in-house

We’re based in North America and all bookkeeping is done in-house. We don’t outsource your bookkeeping or share your data with any third party, and we never will.

  • Multiple Software Platforms

If you are already set up with a software you enjoy using, we’ll work with that. We have clients on QuickBooks, Wave, Sage and other software platforms.

  • Responsive support

Got a question? No problem. Send us an email message or give us a call. We respond to inquires within one business day.

Pricing

(All pricing is based on the number of transactions of the business, below is the average pricing for a small business)

Bronze Level Service: $195/ Month or $685/ Quarter

  • All data entry to ensure accurate tax calculations.
  • Bank Reconciliations (Up to 2 accounts)
  • Calculation and filing of Annual PST
  • Calculation and filing of Annual GST

Silver Level Service: $335/ Month or $1,095/ Quarter

  • Includes all Bronze Level Service features.
  • QuickBooks Online subscription.
  • Bank Reconciliations (Up to 5 accounts)
  • Calculation and filing of PST any frequency as required.
  • Calculation and filing of GST any frequency as required.
  • Monthly statements showing last year’s comparison to provide you with performance insights.
  • Audit Protection – we assist you in case of a CRA audit and respond with any necessary information required.

Gold Level Service: $835/ Month or $2,595/ Quarter

  • Includes all Silver Level Service features.
  • Personal and Corporate Tax Return preparation and filing included.
  • Notice to Reader financial statements.
  • Quarterly meetings with the accountant to go over statements along with forecast / budgeting projections to maximize opportunities and identify any potential issues.