Bookkeeping

We can get you started with your bookkeeping, help you get organised, and advise suitable accounting software. We can also continue with your existing software and make sure you are fully set up to match your needs.

Here are just some of the services we offer you:

Accounts Receivable Management:

• Keep track of receivables.
• Accurately record payments received to sales invoices issued.
• Provide periodic receivables reports to ensure timely collection.

Ensuring receivables are properly recorded means your collection is efficient, and your customers are confident in the accuracy of statements they receive from you.

Accounts Payable Management:

We keep track of payables.

• Accurately record bills.
• Provide periodic payables reports to ensure timely and accurate payments are made.
• Accurately record payments to relevant invoices, so there are never any double-missed payments.

Bank & Credit Card Reconciliations:

We can provide bank reconciliations, which involves matching the balances of financial accounts to ensure all cash flow is accounted for.

• Correct accounting prevents bad cheques occurring, and can identify fraudulent transactions.
• Financial balancing provides peace of mind for business owners.

Government Remittances for GST, Payroll, and More:

Remittances deal with the payroll deductions of CPP contributions, Employment Insurance, and income tax deductions.

• We ensure this information is prepared in an accurate and timely manner.
• We ensure your business is not overpaying contributions, or missing deductions you may be entitled to.
• GST is applied to most items and services, but with some exceptions.
  • Accurate recording of GST is an important factor in bookkeeping to ensure accurate payments, if applicable.