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.

Maintaining accurate records of all financial transactions, ensuring they are organized and accessible for easy reference.

Managing receivables - reviewing reports weekly and following up on overdue invoices.

Managing payables - reviewing unpaid bills and planning bill payments based on cash flow.

Reconciling bank and credit card accounts based on bank statements to ensure that all transactions are accurately recorded and any discrepancies are avoided.

Creating and sending invoices to customers.

Processing bill payments through online banking.

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.

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.

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.

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.

Developing budgets and financial forecasts, helping to plan for future expenses and revenue, and analyzing performance against budgeted figures.

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.

Compiling year-end financial information that your accountant requires.

Collaborating and communicating with your accountant to ensure a seamless year-end process.