The Hassle Free Bookkeeping, Tax & Virtual Assistance Service You’ve Been Looking For!
We provide bookkeeping and tax services to help business owners manage and keep tabs on your business activities. The best part – all this is done online on your computer or smartphone!
Here are a few things we are absolutely great at!
Bookkeeping + PAYROLL
• Monthly financial reports
• Bank reconciliations
• Credit card reconciliations
• Inventory tracking
• Daily journal entries
• Back dated bookkeeping catchup
• Tracking sales and posting expenses to accurate ledgers
TAXES
• Filing sales taxes
• Personal tax return filing
• Self employment tax return filing
• Keeping track of important deadlines for government filings and payments
• Filing prior year returns
Virtual ASsistanT
• Onboarding, training and ongoing support on accounting and business software
• A/R and A/P tracking and accountability
• Bookkeeping transfers / switch overs / conversions
• Countless of helpful business tips through our blog
Features
Paperless Bookkeeping
Helping you achieve an automated business process is our main goal. We do this by focusing on securely taking your business process online. This not only saves you a lot of time in the future but also allows you access to your
business activities 24/7.
Countless Integrations
Our bookkeeping service is based on our knowledge of countless softwares that will save you time and be more efficient in your business. Whether you have trouble sending invoices or are tired of using excel, we will help you
find the solution to meet your business needs.
Ongoing Support
We want to help you succeed in your business. This is why we offer lifetime support for all your bookkeeping needs. If you have questions, we will not stop until we find the answers.
One Stop Shop for All Bookkeeping Needs
If you are just starting your business, or catching up on your bookkeeping, we have the tools to help you. We specialize in online bookkeeping, taxes and process management to help you get your books in order.
Bookkeeping & Virtual Assistant Service Plans
Our bookkeeping & virtual assistant services includes everything for small businesses to self manage, automate or hand over your bookkeeping, taxes and payroll to a trusted team.
LITE
BUSINESS STARTER
Sole PROPRIETOR
per month
Includes Xero or Quickbooks Subscriptions
< $200K in Annual Revenue
PLUS
BUSINESS GROWTH
2-5 Employees
per month
Includes Xero or Quickbooks + Hubdoc + WagePoint Payroll Subscriptions
$200K – $500K in Annual Revenue
PREMIUM
BUSINESS EXPANSION
5-20 EmPLOYEES
per month
Includes Xero or Quickbooks + Hubdoc + WagePoint Payroll Subscriptions
> $500K in Annual Revenue
Personal Income Tax Service Plans
Our tax services ensures that you are up to date with Federal and Provincial tax requirements.
STUDENT + SENIOR
per person / year
BASIC PERSONAL TAX
per person / year
ADVANCED PERSONAL TAX
per person / year
Frequently Asked Questions
Bookkeeping vs Accounting
A bookkeeper handles the day to day of your accounting tasks including recording and classifying your company’s financial transactions such as sales, payroll, payment of bills, etc. Their focus is on accurate record keeping with less focus on the analytics.
Accountants on the other hand are more involved with the analysis of the recorded transactions. They will help you understand what your financial reports mean and advice on way in which you can improve your business. Accountants
generally do not handle the day to day accounting tasks. Rather they more so oversee the tasks done by bookkeepers to ensure their accuracy.
This does not mean a bookkeeper cannot provide or analysis your financial statements. Nowadays, bookkeepers are more than equipped based on experience to provide advice on your business especially when it comes to process management.
Bookkeeping softwares to use
Generally speaking, the best bookkeeping software to use for your business depends on multiple factors including: the types of transactions in your business, whether you want to an online or offline software, the size of your business, and even the number of people employed. Most bookkeeping softwares in the market are more than capable of handling the bookkeeping needs for small to medium sized businesses.
We recommend choosing a software that is flexible, has automation features, is easy to learn, and accessible 24/7. These bookkeeping software require little to know effort to setup, and can integrate with multiple softwares to
allow for automated accounting tasks. One such software is Xero, WaveApps, or Quickbooks.
Types of businesses
Currently, we are servicing small and medium sized businesses with transactions ranging from 50 – 10,000 per month
Bookkeeping frequency
Bookkeeping for your business should be done at least ones per month or weekly depending on the number of transactions you have for your business.
A business with transactions in the hundreds can get away with doing bookkeeping once a month. If you have transactions ranging in the thousands, you should consider doing bookkeeping at least once a week.
Accrual vs cash basis bookkeeping
In Canada, most businesses are generally required to do accrual based bookkeeping. This is the recording standard required by CRA and are acceptable for international accounting regulations
Sales tax frequency
The reporting period of your sales tax is determined by Canada Revenue. You can look into the your CRA business account to find information about the timing of your sale tax reporting.
Business tax reporting
The only time you need to report your business’ income on your personal tax is if you are self-employed or in a partnership type business. If your business is incorporated, you will need to file a corporate tax return and a personal
tax return separately.
Bookkeeping software
Absolutely! One of the things were are great at is being able to adapt to different account software in the marke.
Simply let us know where you left of with your previous bookkeeper and we will take care of the rest.
Online bookkeeping security
Every software we use to manage your bookkeeping is equipped with a multi-layer online security system. This includes two-step authentication, online storage, encryption and security warnings. We will brief you on these precautions
during our on-boarding meeting