Bookkeeping Services (starting at $500/month)

1. General Ledger Management: Maintaining the general ledger, which includes recording all financial transactions. 

2. Accounts Payable and Receivable: Managing invoices, processing payments to suppliers, and handling customer payments. 

3. Bank Reconciliations: Reconciling bank statements with the company's financial records to ensure accuracy. 

4. Financial Statement Preparation: Preparing essential financial statements, such as the balance sheet, income statement, and cash flow statement. 

5. Expense Tracking: Monitoring and recording all business expenses to provide a clear picture of the company's spending. 

6. Payroll Bookkeeping: Recording payroll expenses and ensuring proper accounting of employee salaries, benefits, and deductions. 

7. Cash Flow Management: Monitoring and managing the flow of cash in and out of the business to ensure liquidity. 

8. Budgeting and Forecasting: Assisting in the creation of budgets and financial forecasts to help businesses plan for the future. 

9. Tax Record Keeping: Organizing and maintaining records required for tax filings, ensuring compliance with tax regulations. 

10. Inventory Management: Tracking inventory levels and costs to help businesses manage their stock efficiently. 

Payroll Services (starting at $200/month)

1. Payroll Processing: Calculating employee wages, withholding taxes, and generating paychecks or direct deposits. 

2. Tax Filings: Preparing and filing payroll-related tax returns and remitting payroll taxes to the Canada Revenue Agency (CRA). 

3. Compliance: Ensuring adherence to federal, provincial, and local payroll regulations and laws. 

4. Employee Pay Stubs: Providing detailed pay stubs to employees, showing gross pay, deductions, and net pay. 

5. Year-End Reporting: Preparing T4 and T4A slips for employees and T5 slips for other income. 

6. Payroll Audits: Conducting internal audits to ensure accuracy and compliance with payroll processes.