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Bookkeeping & Payroll

Bookkeeping

Clients that use our full service Bookkeeping & Payroll service enjoy the benefit of not having to worry about preparing and delivering mountains of documentation come tax time. Using this service we already have the majority of what is necessary for your business’s taxes on file, making your filing easier and quicker.

Regular bookkeeping involves the recording of day-to-day transactions such as:

  • Outstanding Invoices (Accounts Receivable a.k.a A/R)
  • Outstanding Balances (Accounts Payable a.k.a A/P)
  • Bank Deposits
  • Preparing Invoices to be Sent to Your Clients/Customers
  • Preparing Your Payroll
  • Recording & Classifying Your Expenses & Revenues to Facilitate Decision Making

Higher-level responsibilities also includes preparation of:

  • All Government Payments Including Payroll Liabilities, WSIB, & HST
  • Corresponding Forms That Accompany the Above Payments
  • T4s & T4 Summaries for Employees
  • T5s for Corporate Shareholders
  • T5018 for Sub-Contractors
  • T4As for Commissioned Salespeople & Other Incomes
  • Balance Sheet & Income Statement From Accounting Software
  • Reconciliation of all Your Accounts Including Bank Accounts & Credit Card Accounts

We are experienced users of the following software:

  • QuickBooks
  • Simply Accounting
  • MS Office: Excel / Word / Outlook and others

Our team will manage your administration, bookkeeping, payroll, and accounting needs,giving you more time to focus on continuing to grow your business. We encourage you to Contact us for more information on how we can help you.

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