Introducing Modern Bookkeeping
Customizable bookkeeping solutions to help you stay on track
Our approach
At True North Bookkeeping, we take a modern approach to bookkeeping that combines cutting-edge technology with personalized service. Our efficient and streamlined processes ensure accurate financial tracking, allowing you to focus on what you do best!
Whether you’re a small startup or an established company, we tailor our solutions to meet your unique needs, providing you with the insights and support you need for informed decision-making.
Work with a team as invested in your business as you are!
Services
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Entering business information into QuickBooks Online, configuring the chart of accounts, and linking bank accounts for seamless financial management.
Providing training for staff to ensure efficient use of the system.
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Maintaining accurate records of all financial transactions, ensuring they are organized and accessible for easy reference.
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Managing receivables - reviewing reports weekly and following up on overdue invoices.
Managing payables - reviewing unpaid bills and planning bill payments based on cash flow.
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Reconciling bank and credit card accounts based on bank statements to ensure that all transactions are accurately recorded and any discrepancies are avoided.
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Creating and sending invoices to customers.
Processing bill payments through online banking.
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Including but not limited to, income statements, balance sheets, and cash flow statements.
Allowing you to track expenses, revenue trends, and overall financial health for more informed decision-making and strategic planning.
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Preparing and submitting your HST returns to ensure compliance with tax regulations, accurately reporting HST collected and input tax credits.
Helping businesses manage their HST obligations efficiently and avoid potential penalties.
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Calculating employee wages, managing tax withholdings, and ensuring timely payment of salaries and benefits.
This service also includes handling monthly payroll tax filings and issuing T4’s annually.
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Includes monitoring your cash inflows and outflows, with weekly or bi-weekly reports to keep you informed about your current cash position.
These reports help you track trends, forecast future cash needs, and make informed decisions.
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Developing budgets and financial forecasts, helping to plan for future expenses and revenue, and analyzing performance against budgeted figures.
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Managing communications with the CRA. Including preparation for audits, responding to inquiries, and ensuring compliance with tax regulations to minimize stress and safeguard your business interests.
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Compiling year-end financial information that your accountant requires.
Collaborating and communicating with your accountant to ensure a seamless year-end process.
Fees
Basic
Starting at $300/month
Ideal for small businesses or startups looking for essential bookkeeping services to establish a solid financial foundation.
Standard
Starting at $600/month
Ideal for growing businesses that need more comprehensive support to manage finances effectively and prepare for tax obligations.
Premium
Starting at $1,200/month
Ideal for established businesses seeking a high level of financial management and strategic planning to support continued growth and success.
Year-End Bookkeeping Cleanup
Starting at $999 (One-Time Fee)
Ensure your financial records are in perfect shape for tax season with our Year-End Bookkeeping Cleanup service. This one-time, flat fee covers everything you need to close out the year and prepare your books for a smooth and stress-free tax filing.
Package Includes:
Income and expense categorization
Bank and credit card account reconciliations
Accounts receivable and accounts payable review
HST filings
Source deduction filings
Year-end preparation and correspondence with your accountant
Julia Smith
Julia graduated from the University of Guelph, Lang School of Business and Economics with a Bachelor of Commerce, majoring in Marketing. She began her career in the insurance industry, completing Chartered Insurance Professional courses before transitioning to the investment industry.
Julia specializes in providing customizable financial solutions, helping clients manage bookkeeping and analyze their finances for accurate reporting. Her mission is to keep clients organized and prepared for taxes. Julia is dedicated to expanding her knowledge and expertise in order to provide the best service possible for her clients.
Aside from her professional career, Julia loves being by the lake or playing golf in the summer and skiing in the winter. She loves fitness, travelling, and spending time with family and friends.
What People Are Saying…
“I cannot express enough gratitude for Julia, my incredible Bookkeeper and indispensable right hand. She is the reason my day-to-day operations remain organized and stress-free. Julia’s exceptional attention to detail ensures that everything is double-checked, running smoothly, and on track.
Her proactive approach and unwavering commitment have turned what was once the chaos of year-end processes into an absolute dream. Julia’s diligence and efficiency not only keep everything in perfect order but also give me the confidence that no detail will ever slip through the cracks.
She is an invaluable asset, and I feel truly fortunate to have someone as reliable, skilled, and dedicated as Julia by my side. Thank you for all that you do, Julia!”
— Rebecca Archdekin, Back2Raw Inc
“I’m great at floral design and running my little flower shop but I am terrible at bookkeeping. After several hires and fires for the job I took the advice of a friend and contacted True North. Can’t say enough good about this team! Julia is concise, kind, organized and does a great job. Truly lifesavers.”
— Christina Curry, Keith’s Flower Shop
“We have been with Julia and True North Bookkeeping for a while now and I cannot say enough about her. She is always there with suggestions, support, and financial guidance. Julia is professional, customer centric and constantly expanding her knowledge to help her clients get the best possible service.”
— Cindy Mills, TCG Markham Stouffville
“We use Julia at true north bookeeping for our small business and she is amazing! We would be completely lost without her. I never have to worry about anything as she is well organized and on top of everything. Whenever I have a question she responds quickly and always with an answer or solution to my problems.
Cannot recommend her enough.”