Bookkeeping
Bookkeeping Set-Up
Looking to set-up your company’s bookkeeping but don’t know where to start? I can offer guidance!
- Advice on software platforms to manage your books [QuickBooks, Sage, Xero, etc]
- Assist in platform set-up
- Creating the company file and chart of accounts
- Chat of accounts is tailored just for you and your business needs
- Start up costs or owner’s contributions will be recorded
- Inputting any other transactions
Note: for clients who wish to manage their own bookkeeping i will provide support and education so they are able to maintain their books while they start their business
Bookkeeping Organization
Has your bookkeeping gotten out of hand? Does it need to be reorganized and tidied up so it can get back on track? I can help with that!
- Utilizing your existing platform to organize your bookkeeping
- Organize receipts and input them accordingly
- Note any missing or required information needed to get your books up-to-date
- Reconciliation of accounts
- GST/HST filing
Recurring Bookkeeping
If bookkeeping seems overwhelming, let me take it off your plate! I can manage your bookkeeping needs including:
- Included the set-up of your bookkeeping account on desired platform
- Maintain receipts and record organization
- Regular recording of all sales, expenses
- GST/HST filing
- Reconciliation of accounts
Income Tax Returns
Income Taxes are completed annually and are submitted to the Canadian Revenue Agency [CRA].
Personal Returns | Corporation Returns | Estates and Trusts Returns
The Process
Step 1
Step 1
I offer in-person or virtual meetings with clients to gather an overview of your personal tax status. During this meeting, I will answer any questions or concerns. I will also gather all the necessary documentation for filing your return.
Step 2
Step 2
I will organize your tax documents and prepare your return. I will then connect with you to go over the return prior to filing. I will inform you of any refunds or owing balances.
Step 3
Step 3
Once I receive your approval, I will submit the return to CRA. I always offer continued support in case CRA reaches out to you for further information.
Payroll
Payroll Platform Set-Up
Are you a new business or an expanding business and need to start payroll? I can help get you started!
- Advice on payroll software [QuickBooks, Sage, Xero, Third party software such as ADP]
- Software set-up
- Create company account including payroll schedule, policies and required deductions
- Creation of Employee profiles
Payroll Processing
Employees love to be paid! Let me make sure all your payroll processing is updated so your employees can be paid in a timely manner whether that’s weekly/biweekly/monthly!
- Utilizing your existing platform to organize payroll documentation
- Ensuring the payroll period is accurate [weekly/biweekly/monthly]
- Verifying wages/salaries earned during each payroll period
- Preparation of cheques or direct deposits for each employee
- Updating employee profiles as required
Payroll Compliance
Did you know you have to submit your payroll deductions and remittances to CRA? Did you know the timeline for that varies based on the size of your business? Let me help you stay on track!
- Reporting to CRA source deductions [CPP, EI, Income Tax, etc]
- Supporting businesses in submitting their remittances [employee and employer portions]
| Remitter types | AMWA Average monthly withholding amount | Due dates |
|---|---|---|
| Regular remitter | Less than $25,000 | We have to receive your deductions on or before the 15th day of the month after the month you paid your employees. |
| Quarterly remitter |
Less than $1,000 and less than $3,000*
*This is a monthly withholding amount (MWA), not an AMWA |
If eligible for quarterly remitting, deductions must be received on or before the 15th day of the month immediately following the end of each quarter.
Quarters:
|
Business Advisory & Consulting
Practical guidance and financial insight to help business owners better understand their numbers and support long-term growth.
