Bookkeeping Services

Business Start-up

  • Advise on business and account structure
  • Set up accounts in QuickBooks Online or Sage 50
  • Training on software and apps

Accounts Receivable

  • Data entry Customer invoices
  • Data entry Customer payments
  • Reconcile Aged Receivables

Accounts Payable

  • Data entry Supplier invoices
  • Pay bills
  • Data entry Supplier payments
  • Review Aged Payables

Payroll

  • Process payroll
  • Pay staff
  • ROE andT4 processing

Bank accounts – CAD, US, Euro

  • Process bank fees and interest
  • Process Direct Debits and Deposits
  • record exchange rates

Liabilities

  • Report preparation, file GST/HST
  • Report preparation, file Source deductions
  • Report preparation, file Corporate income tax
  • Report preparation, file WSIB

Reconciliations

  • Bank
  • Credit Cards
  • Loan accounts
  • Source Deductions
  • GST/HST control accounts

Procedures and Manuals

  • Update Client’s Bookkeeping Procedures

GST/HST, Source deductions and WSIB

  • Remit monthly, quarterly, annual GST/HST,Source Deductions,Corporate income tax
  • Remit Instalment payments
  • Remit WSIB or other liabilities

Year End

  • Reconcile all GST/HST remitted for the year
  • Reconcile wages, source deductions
  • Provide accountant with data file, year-end reconciliations, and required documents for T2 CorporateTax Preparation

Reporting – as requested

  • Monthly Profit and Loss, Balance Sheet and Cash Flow
  • Quarterly Financial Reports and analysis