Bookkeeping

We offer fixed fee packages so you don’t have to guess how much your bookkeeping will cost month to month. We know every business is different and we’ll be happy to customize a package to suit your needs.

 

Bookkeeping packages

  • Starter Package

    $400

    Up to 5 hours of service per quarter

  • Basic Package

    $400

    Up to 5 hours of service per month

  • Plus Package

    $600

    6-8 hours of service per month

  • Premium Package

    $800

    9-10 hours of service per month

  • Custom Package

    Please request a custom quote if your needs exceed 10 hours per month

Package details

The following services are offered in the fixed fee packages:

  • Bank reconciliations

  • Credit card reconciliations

  • Accounts payable

  • Accounts receivable

  • Payroll processing

  • Investment tracking

  • Rental property tracking

  • Liaison with CRA on routine matters (GST/HST, payroll, instalments)

  • Inventory

  • GST/HST filing

  • PST filing

  • Year end working papers and liaison with professional accountant

The fixed fees are customized based on variables including:

  • Transaction volume

  • Number of reconciliations

  • Quality and organization of records provided by the client

  • Services to be performed

  • Time required to complete services

Other services that may be added and billed separately:

  • T4/T4A slip preparation and filing

  • T5 slip preparation and filing

  • Annual budget

  • Liaison with CRA on non-routine matters (audits, penalties)

 

How it works

Each month/quarter/year (depending on how often you want your bookkeeping done) you will receive a reminder email from us to send us your “source” documents.

Examples of source documents include:

  • Monthly bank statements

  • Monthly credit card statements

  • Loan and lease agreements

  • Payroll summaries

  • Correspondence from CRA

  • Invoices for purchases/bill of sales for disposals of capital assets

  • Out of pocket expenses

Source documents may be sent to us electronically, by mail, fax or in person by appointment. Whichever method is most convenient for you. When we have received all your documents, we will process the bookkeeping and contact you with any questions by email.

Once completed, we will notify you that your reports are available and advise on any payments owing to CRA. At year end, after your review of the financial statements, we will prepare and submit a working paper package to your professional accountant to prepare your annual financial statements and tax return.

Payment terms

We accept cheques, e-transfers, credit cards (Visa, Mastercard). To keep our overhead costs low, invoices will be sent by email unless otherwise agreed.

At the beginning of each month (or 3rd month of each quarter on the starter plan), an invoice will be sent in the amount as agreed in our engagement letter.

For projects outside of the scope of normal bookkeeping, a separate engagement letter outlining the scope of the project will be provided. Progress billings are sent at the end of each month until the completion of the project when a final billing will be issued.

All services can be offered remotely and electronically to increase efficiency.

Get started.

Please fill out the form with a few details about your accounting needs and we will get back to you shortly.