STRICTLY BOOKKEEPING
BOOKKEEPING
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On periodic basis based on your needs – weekly, monthly, quarterly, annually
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Sorting and entry of business receipts
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Bank and credit card reconciliations
ACCOUNTS RECEIVABLE
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Track money people owe you
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Customer invoicing
ACCOUNTS PAYABLE
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Track money you owe
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Supplier payments
PAYROLL
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Full service payroll including paystubs emailed to you or direct to your employees
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Preparation of PD7A report (source deductions)
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T4, etc. preparation and filing with CRA
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Records of Employment filed with Service Canada
ALL REMITTANCES
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Balancing, filing and making payment arrangements for GST, PST and WCB
KINDA BOOKKEEPING
SET UP
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We’ll help you set up a new file in Quickbooks (Desktop) or Sage
TRAINING
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If you’re wanting to do your own bookkeeping in house we’ll help you get going with Quickbooks (Desktop) or Sage
STREAMLINING
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If you’re looking to move to a more cloud-based system, there are a number of apps and programs available that we can suggest and help implement based on your specific needs.
NOT BOOKKEEPING
But just as important!
SOLE PROPRIETORSHIP SET UP
Wanting to get started on your solopreneur journey but not sure how or where (or why)? We can help! We’ll hold your hand through the process and answer any questions you may will have.
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- Name reservation
- Applying for your business number
- Registering GST (first determining if you need to)
- Registering for WCB
- Registering for a payroll account with CRA
- Setting up a business bank account
FORECASTING and BUDGETING
What are your goals for your business this year? Next year? How will these goals generate revenue? How much revenue?
Maybe you’re adding a new service or a new line of products. Forecasting sales and then reviewing that forecast on a periodic basis can help tell you how well an aspect of your business is performing. It can help you analyze your business and make informed decisions on the best way to move forward.
Budgeting is an equally important aspect and a crucial element of the business plan and in forecasting. Budgeting helps plan for future expenditures so you know how much revenue you need to generate to cover them. It’s also helpful to review on a periodic basis so you know if you’re business is turning into a spending diva or if you’re running right on track.
(These technically do fall under the bookkeeping umbrella but I wanted to put them with the business plan as I feel they go hand-in-hand.)