Services

We’re here to help

Business Solutions for owner-managed enterprises.

Services for your every business need.

Pick and choose the features you need for your business to grow financially.

  • Are you just getting started and need some help to figure out the best processes for your business?
  • Are you tired of doing your own bookkeeping and payroll?
  • Need us to file your personal tax return or a corporate income tax statement?
  • Do you need to run your business decisions by someone before you act?

Bookkeeping Services:
We use QuickBooks Online to provide you with up-to-date, reliable figures throughout the entire year. This allows you to keep on top of your business and assists you in making crucial decisions to help your business grow. It also allows you to keep up to date with your HST and Payroll compliance requirements.

This includes:
Professional Bookkeeping
• Review all bank feeds to ensure matching Payment against the correct customer invoice.
• Review all bank and credit card feeds to ensure the correct expense is assigned.
• Review all bank and credit card feeds to ensure the correct sales tax is applied.
• Maintain data feeds into your accounting software files.
• Troubleshooting & support.
• Includes a subscription to a collection and document management software.

Invoicing and Receivables
• Create and send out invoices to clients and customers.
• Follow-up on outstanding amounts.

Payables and Payments
• Book bills due and handle the payments too.

Read More

Close

Year-end Corporate Financial Statement and Income Tax:
We prepare and explain your Comparative Financial Statements and answer all of your questions so that your statements are easy to understand. The year-end is also a good time to do tax planning to minimize taxes for your company and your personal taxes. We prepare and file your corporate tax return on time.

This includes:
• Annual review of financial information contained in your online accounting software.
• Preparation of required adjusting entries.
• Preparation of annual Notice to Reader Financial Statements.
• Preparation of Working Papers supporting all balance sheet accounts.
• Preparation of T2 Corporate Income Tax Return.
• Preparation of Working Papers supporting all balance sheet accounts.
• Tax Planning.
• Calculation of your taxation refund/payable.
• Electronic filing of Income Tax Returns.
• Access to email support about corporate tax questions.

Read More

Close

Personal Tax Return Services:
Professionally prepared personal tax filings completed by a CPA. We collect your tax information through a secure email and file transfer system. Our process allows us to make sure that you have claimed the appropriate tax credits and deductions with minimal effort on your part. Once we have completed preparing your return, we will meet with you through Zoom online meeting to explain everything before e-filing your tax return.

This includes:
• Assistance summarizing eligible expenses and determining available tax credits and tax deductions
• Comparing current tax return to the previous year returns to ensure it is accurate and complete.
• T1 Personal Income Tax Return preparation – from documents provided by the taxpayer and retrieved from the CRA website.
• Meeting to review the draft tax return prior to filing and discuss any related issues.
• Electronic filing and CRA confirmation.

Read More

Close

Management Reporting Services:
Management Reports on a timely basis (weekly, monthly, or quarterly) to support your business.
Also, meet with your accountant on regular basis to stay on top of your business.

This includes:
• Income Statement (month and year-to-date) – This will assist you in identifying how your business is performing over the months, pinpointing trends, and opportunities.
• Balance Sheet (month over month with change column) – This report shows your financial position and assists you in meeting your financial obligations.
• Accounts Payable (weekly) – How much money do you owe? Do you have sufficient funds to make those payments?
• Accounts Receivable (weekly) – How much money is owed to you? Do you need to follow-up on any payments?
• Cash Flow (monthly) – Does your cash coming in cover your cash going out? How is your cash balance? Knowing this helps you stay on top of your business.
• Bank Balance (daily) – Checking your cash balance gives you a quick look at how the business is doing.

Read More

Close

Financial Review Meeting Services:
We offer the opportunity to meet on a monthly or quarterly basis to review the financial performance of the business and to make logical sense out of internally generated financial reports.

This includes:
These meetings allow for a stronger financial understanding of historical results and identify what needs to change in the business going forward to produce better financial results.
• Your goals and how best to achieve them.
• What resources you might require to meet those goals.
• How is your cash flow.
• When to hire labor or expand into new markets.
• When to buy equipment.

Read More

Close

Advisory Services:
We offer customized Advisory services to our clients.

This includes:
• Budgets – we prepare budgets for our client’s business costs for the next 12 months and differentiate between fixed and variable costs and come up with a breakeven point, that is, how much money is needed to bring in to make no money (breakeven) and break it down to a daily/weekly or monthly number that is easy to know, remember, understand, and focus on.

• Forecasting – Forecasting of the sales and revenue targets for the next 12 months and then linking the budgets and cash flow to allow business owners to always understand their cash position. 90% of businesses do not do this. It will give you an edge!

• Cash flow projections – Cash flow projections are a key aspect of the financial management of a business, planning its future cash requirements to avoid a crisis of liquidity. It is essential that management forecast what is going to happen to cash flow to make sure the business has enough to survive. How often management should forecast cash flow is dependent on the financial security of the business. If the business is struggling or is keeping a watchful eye on its finances, the business owner should be forecasting and revising his or her cash flow on a frequent basis. However, if the finances of the business are more stable, then forecasting and revising cash flow on a less frequent basis is reasonable.

Read More

Close

Sales Tax Return:
We prepare and review sales tax returns to ensure that GST/HST is collected and the available Input Tax Credits are correct. We review the return with you and answer any of your questions and file it on a timely basis.

This includes:
• GST/HST Return Preparation.
• Assistance summarizing GST/HST collected and available Input Tax Credits.
• Automated email “due date” reminders.
• Electronic filing and CRA confirmation.

Read More

Close

WSIB Premium Services:
We calculate your WSIB premiums and review it to ensure it is correct and e-filed on a timely basis.

This includes:
• Calculate WSIB Premium return.
• E-file quarterly WSIB Premium.
• Automated email “due date” reminders.
• Email payment amount to the client.

Read More

Close

Payroll Services:
We set you up with online payroll software that makes running payroll easy.
We also provide ongoing support.

We will prepare your payroll on a bi-weekly, semi-monthly, or monthly basis to meet employment tax requirements.

This includes:
• Calculate and process Payroll using online payroll software.
• Calculate and track accrued vacation and sick time or other benefits.
• Provide a direct deposit for your employees.
• Electronic paystubs accessible online by an employee.
• Preparation and electronic filing of T4 summary and slips (must be client through year-end for T4 preparation).
• Payroll taxes remitted to Government with each payroll (eliminates the need to come up with large payroll tax deposits quarterly).
• Preparation of Records of Employment (ROEs) for departing employees.
• Includes electronic filing and electronic payment of payroll taxes and returns when available.
• Includes Payroll Register Reports with each payroll run with monthly & year to date payroll.
• Includes responses to related notices from taxing authorities in relation to payroll.

Read More

Close