Industries · Small Business
For owners who are
also the finance department.
Shops, studios, service businesses, family companies. You wear every hat already. We take the bookkeeping, sales tax, payroll and filings off your list — and keep you informed without burying you in reports.
Sound familiar?
You do the books on Sunday nights, when you remember.
Your accountant only hears from you once a year.
You check the bank balance to decide whether you can afford something.
Challenges
The bookkeeping problems we see most often.
- AMixed accounts
- Personal and business spending on the same card makes every year-end a sorting exercise and puts deductions at risk.
- BSales tax drift
- HST collected sits in the operating account and gets spent. The return arrives and the cash isn’t there.
- CNo monthly view
- Without monthly books, you find out how the year went after it’s over.
- DToo many advisors
- A bookkeeper, a payroll app, a tax preparer — nobody sees the whole picture.
Tax notes
Tax considerations
General information based on standard CRA rules — not advice for your situation. We’ll confirm what applies to you.
- Incorporated or not
- Sole proprietors report business income on their personal T1. Corporations file a T2 and the owner reports salary or dividends personally. The bookkeeping is similar; the filings are not.
- Vehicle and home office
- Both can be legitimate expenses, but the CRA expects records — a mileage log for vehicles and a reasonable basis for home office use.
- HST registration
- Generally required once taxable sales exceed $30,000 over four consecutive calendar quarters.
Workflow
A typical year with us
- 01
Connect
Bank feeds and receipt capture set up once.
- 02
Monthly close
We reconcile, categorize and send one list of questions.
- 03
Each filing period
HST and payroll remittances prepared from the closed books.
- 04
Year-end
Tax return prepared from twelve closed months.
Reporting
What you’ll see each month
- Monthly profit & loss with a short commentary
- Cash position and what is owed to you
- HST owing for the current period
- Year-to-date compared with last year
Tools we commonly work with
- QuickBooks Online
- Xero
- Receipt capture apps
- POS systems such as Square or Shopify POS
Product names are trademarks of their owners. Listing them does not imply a partnership or certification.
Let’s talk about your business.
Tell us where things stand. We’ll review it, talk it through with you, and send a written scope before any work begins.
- 01Tell us about your situationA short form — no documents needed.
- 02We talk it throughA conversation about what you need and what you don’t.
- 03You get a written scopeClear deliverables and a quote before anything starts.