Bookkeeping and Account Setup

Starting a business or running a small enterprise requires keeping your finances organized from day one. Our Bookkeeping and Account Setup service is designed to help small businesses and startups establish a solid financial foundation. We specialize in setting up efficient accounting systems and maintaining accurate financial records, ensuring that your business stays compliant and ready for growth. With our tailored solutions, you can focus on scaling your business while we handle the complexities of bookkeeping.

Features

Custom Account Setup: We create a personalized accounting structure that suits your business needs and growth plans.
Financial Record Keeping: Accurate and timely recording of all financial transactions, ensuring clarity in your business’s financial status.
Compliance with Regulations: We ensure your accounting practices adhere to local regulations and tax requirements, minimizing any risks.
Easy Integration with Business Tools: We set up accounting systems that integrate seamlessly with other business tools like invoicing, payroll, and inventory management.
Expense Tracking: Detailed tracking of business expenses, helping you identify areas for cost-saving and budgeting.
Cash Flow Management: We help you keep track of cash flow, ensuring you have enough liquidity to run your business smoothly.
Profitability Insights: We provide you with regular reports on profitability, allowing you to make informed decisions for growth.
Ongoing Support: Our team is available for continuous support, ensuring that your accounting systems evolve as your business grows.

Other services

*Catch-up and cleanup - CAD1,500 per year

FAQs

Got a question? Get your answer

Quick answers to questions you may have. Can’t find what you’re looking for? Get in touch with us.

Why is bookkeeping important for my small business or startup?

Bookkeeping is crucial because it helps you track your business’s financial health, stay compliant with tax regulations, and make informed decisions about spending and growth. Proper bookkeeping ensures that you can monitor cash flow, profitability, and expenses without stress.

What does the account setup process include?

Our account setup process includes customizing your accounting system based on your business structure, setting up chart of accounts, linking payment systems, and integrating other tools like payroll and invoicing to streamline your operations. We ensure everything is structured for ease of use and long-term growth.

Can you help with tax filing?

Yes, we assist with the preparation and organization of financial data required for tax filing. We can guide you through the tax filing process, ensuring that your business remains compliant and minimizes tax liabilities.

How do you ensure my business stays compliant?

We stay up-to-date with the latest tax laws and accounting regulations. Our bookkeeping services are designed to ensure your business complies with local tax codes and regulations, reducing the risk of errors or penalties.

What accounting software do you recommend for small businesses?

We specialize exclusively in QuickBooks to ensure we provide the highest level of expertise and service. We believe in the benefits and efficiencies that QuickBooks offers for bookkeeping. If you ever decide to make the switch, we would be delighted to assist you and ensure a smooth transition.

Can QuickBooks integrate with other software or systems my business uses?

We work with a variety of accounting software platforms including QuickBooks. We’ll recommend the best one based on your business size, industry, and specific needs, ensuring that it integrates smoothly with your other tools.

Do you offer ongoing bookkeeping support?

Yes, we offer ongoing bookkeeping support to ensure your financial records remain accurate and up-to-date. Whether you need monthly financial reports or assistance with tracking transactions, we are here to help.

How much does bookkeeping and account setup cost?

The cost of bookkeeping and account setup varies depending on the size and complexity of your business. We offer customized packages to suit startups and small businesses. Contact us for a free consultation and tailored pricing.