Services
What We do
Accounting Services
Financial Statements
Compiling financial information into unaudited financial statements per ASPE, IFRS, or Not-for-Profit Accounting Standards.
Budgeting and Forecasting
We provide management advice and earnings forecasts, preparing detailed budgets and projections to help secure financing from major Toronto banks and the BDC.
Accounting Systems and Policies
We design tailored accounting systems and policies for new or growing businesses, offering insights, aligning policies with your goals, and establishing strong internal controls.
Project Profitability and Financial Analysis
We design accounting support with financial analyses to guide management in making informed decisions, ensuring profitability from project start to completion.
Bookkeeping
Document Management
Organized accounting records are crucial for business success. We’ll assist you in establishing effective record-keeping practices and efficiently managing your documents.
Posting Income and Expenses
Send us your source documents, and we’ll enter them electronically into our accounting software, including cheques, deposits, payables, and invoices.
Bank Reconciliations
Discover which cheques you’ve issued but haven’t been deposited by conducting a bank reconciliation. Many clients are surprised to find old, uncashed cheques still outstandings.
Journal Entries, Ledgers, Adjustments
For year-end adjustments, special journal entries, or general ledger management, we can ensure accurate and appropriate entries for your accounts.
Sales Tax Filing
After updating your bookkeeping, we’ll handle your sales tax filing and inform you of the payment amount and method. You’ll receive plenty of notice, with no surprises.
Year-end Package
If you have an accountant for year-end filings, we’ll coordinate with them to ensure a smooth, efficient process, saving you time and money.
Business Plan & Proposal
Detail your services
Whether starting a business, opening a franchise, or expanding, we create comprehensive business plans with industry insights, marketing strategies, and financial details, earning positive feedback from banks and investors to simplify funding.
Executive summary
This section describes the company, including its mission statement, leadership, employees, operations, and location.
Products and services
This section outlines the company’s products and services, including pricing, lifespan, consumer benefits, production processes, patents, proprietary technology, and R&D activities.
Market analysis
This section analyzes the industry and target market, detailing competition, its industry role, strengths, weaknesses, consumer demand, and market share challenges.
Marketing strategy
This section describes how the company will attract and retain customers, detailing distribution channels, advertising, marketing strategies, and media channels.
Financial planning
To attract readers, the company should provide financial planning and projections, with established businesses including financial statements and new businesses presenting targets and estimates for initial years and potential investors.
Budget
A successful company must have a budget in place, covering costs such as staffing, development, manufacturing, marketing, and other business expenses.
Taxation
Personal Tax Returns
We prepare tax returns for any situation, offer expert advice on the Income Tax Act (ITA) and its changes, and provide personalized tax and estate planning services.
Self-Employed Tax Returns
We guide you through calculating income and expenses, ensuring correct deductions, balancing personal and business income, maximizing tax credits, and handling HST filings and other government reports.
Corporate Tax Returns
We prepare corporate tax returns starting with financial statements, offering insights into accounting vs. taxable income, valuable tax planning advice, deferred tax analysis, and handling shareholder management and HST filings.
Partnership Tax Returns
We assist professionals in partnerships with reporting their income on personal tax returns, maximizing credits, and offering tax and estate planning advice.
Sales Tax Filing
After updating your bookkeeping, we’ll handle your sales tax filing and inform you of the payment amount and method. You’ll receive plenty of notice, with no surprises.
Year-end Package
If you need bookkeeping services but already have an accountant for year-end filings, that’s great! We’ll coordinate with them to ensure they have everything needed to complete your year-end efficiently, potentially saving you time and money.
Accounting Systems Setup
Let Us Help You
We set up your accounting system with cloud-based software for easy bookkeeping, automating tasks, and managing remote payroll, while providing training and ongoing support for efficient operations and clear financial insights.
Accounting Systems support
We set up your QuickBooks accounting system with cloud-based software for efficient bookkeeping, configure reports and analyses for valuable business insights, and emphasize automation for success.
Setup and Training
Once set up, our team of bookkeepers and CPAs is available by email, phone, or Zoom to provide ongoing support and guidance.
Market analysis
This section provides a clear understanding of the industry and target market, detailing competition, its role, strengths, weaknesses, and the challenges of capturing market share.
Marketing strategy
Outlines how the company will attract and retain customers, detailing distribution channels, advertising, and marketing strategies, including media channels for campaigns.
Financial planning
The company should include financial planning and projections to appeal to readers, with established businesses providing financial statements and new businesses offering targets and estimates for initial years and potential investors.
Budget
A successful company must have a budget in place, covering costs such as staffing, development, manufacturing, marketing, and other business expenses.
PAYROLL
PAYROLL SETUP AND SUPPORT
We’re your dedicated payroll partners, offering proactive guidance to ensure payroll is managed correctly. Reach out to us via phone, email, or Zoom for any questions. We’ll also handle all the administrative tasks.
ADDING NEW EMPLOYEES
We manage the onboarding process for new employees, gathering all necessary information, setting them up in the payroll system, and training them on how to access their pay stubs and T4s.
EMPLOYEE TERMINATIONS
We provide support when an employee resigns or is laid off, filing the required forms and ensuring compliance with employment standards.
T4 FILINGS
Let us handle your T4 filings to avoid errors and CRA complications. T4s will be processed electronically and submitted to the CRA, with easy access for employees through their online portal.
Sales Tax Filing
After updating your bookkeeping, we’ll handle your sales tax filing and inform you of the payment amount and method. You’ll receive plenty of notice, with no surprises.
ROE FILINGS
We’ll manage the Record of Employment (ROE) filings when employees leave, ensuring accuracy so you can focus on filling the vacant position.
Free Estimation
Request A Quote
Get a personalized estimate for our services by requesting a quote. Simply provide us with some details about your needs, and we’ll offer a tailored quote based on your specific requirements. Whether you’re looking for bookkeeping, tax preparation, or business planning, we’re ready to help.
