Bookkeeping Services
We have professional bookkeepers on staff who hold the CPB-Certified Professional Bookkeeper™ designation, this designation reflects the level of knowledge, education, and skills necessary to carry out all key bookkeeping functions through to the adjusted trial balance, including payroll for all-sized companies.
- Initial Set-up
- Prepare chart of accounts (enter beginning balances)
- Enter Supplier information (including outstanding invoices)
- Enter Customer information (including outstanding invoices)
- Enter Project information
- Enter Employee information and history
- Enter Inventory items and history
- Prepare software for current entries
- Billing/Invoicing
- Invoicing clients
- Prepare for mail, fax and email
- General Ledger
- Income Statements
- Balance Sheets
- Detailed Activity Reports
- Bank Reconciliation
- Budgeting
- Accounts Receivable
- Receiving payments
- Deposits
- Aging reports
- Tracking delinquent accounts
- Accounts Payable
- Enter Invoices
- Scheduling payments
- Making payments
- Check printing
- Aging reports
- Payroll Calculation / Preparation
- Entering time sheets
- Calculating wages
- Calculating commissions
- Tax calculations and withholdings
- Handling special deductions
- Issuing pay cheques
- Preparing employee reports (including records of employment and year-end government forms)
- Preparing monthly Source Deduction remittances
- Inventory
- Maintain inventory records
- Inventory level reports
- Job Costing
- Track costs by job
- Budgeting
- Job profitability reports
- Bank Statement Reconciliation
- Compare bank statement to general ledger
- Enter any service charges, corrections or missed items
- Prepare reconciliation reports
- Tax Remittances
- Prepare GST/HST reports, WCB reports & employee remittances
- Ensure they are paid on time