Details about our bookkeeping service

Clients come to us with different needs and goals, our business bookkeeping services can always be tailored to suite your particular needs. We will integrate with your business based on your requirements. Here is just a general guideline of what we can do for your business. Please feel free to contact us for a free consultation for specific requirements.

Accounts payable:

  • Recording vendor bills
  • Scheduling payments
  • Making payments
  • Printing cheques
  • Generating aging reports

Accounts receivable:

  • Invoicing your customers
  • Receiving payments
  • Making deposits
  • Generating aging reports
  • Tracking delinquent accounts

Payroll:

  • Managing your payroll and maintaining your payroll records
  • Calculating deductions
  • Making payroll remittance
  • Making WSIB remittance
  • Issuing T4 slips and Record of employment

Banking reconciliation

  • Some of clients have their bank deliver their bank statements directly to our office for monthly bank reconciliation

Job costing:

  • Tracking costs by job
  • Preparing job profitability reports
  • Budgeting

Government remittances

  • Filing GST / HST return
  • Filing PST return
  • Filing CRA payroll remittance
  • Preparing T4 and T4 summary
  • Assisting in dealing with authorities regarding tax filing

Reports

  • Preparing monthly Profit and Loss statement
  • Preparing monthly Balance Sheet statement
  • Preparing necessary reports for year-end closing
  • Assisting in year-end closing  Next ...

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