Online Accounting Services

Online accounting is an innovative solution for modern businesses across Canada. More and more companies are taking their accounting online completely - a move that is opening new doors and providing more opportunity for financial growth.

Accountor CPA is a fully virtual, cloud-based online accounting firm providing secure and flexible accounting services to businesses of all size across Canada. With state-of-the-art accounting software and technology, experienced accountants, and flexible services, we seek to bring your business’ finances into the 21st century.

Ready to grow? Get a free consultation to learn how we can save you time, money, and stress with online accounting for your business.

What are Online Accounting Systems And How Do They Benefit You?

Online accounting refers to working with a virtual or remote accounting firm to handle all your accounting needs. You access your accounting information, and your accountant themselves, fully online. No more traveling to meetings, waiting for email responses, receiving confusing reports every quarter, or keeping all your data on one office computer. Using the latest accounting software, your information is uploaded to and accessible on the cloud from any device you choose at any time.

Online accounting is a modern solution for business owners and individuals ready to take their finances to the next level in a way that is convenient for them. It boasts a number of benefits over traditional accounting, namely in flexibility and security.

Could you benefit from making the switch to an online accounting firm? With Accountor CPA, you get:

1. State-of-the-art accounting software

   We consult with you about the features you need in accounting software, set it up, and fully customize it for your needs on a timely basis.

2. Operate on the cloud

   Online accounting software operates fully on the cloud, meaning your data and sensitive information is housed on a secure server, not tied to a device. Collaborate more easily with colleagues and get peace of mind that your information is being kept safe.

3. Easy access to support - your way

   Stop dealing with scheduling woes when trying to meet your accountant. With accounting online, meet your accountant remotely - on your schedule. Get the support you need, when you need it.

4. Flexibility

   Online accounting services mean everything is fully online - even your accountant. Our Canadian tax experts can meet with you remotely when it suits you best, giving you fully flexibility over your accounting.

5. Real time data and reports

   Stop waiting for your accountant to call you back or email you a report you asked for. With online cloud accounting, you get up to the minute real time reports and data accessible from any device at any time.

6. Save on overhead costs

   An online accounting firm means overhead costs are lowered - savings that we pass on to our clients. You only pay for the accounting services you need to run your enterprise.

7. Local reliability

   Being fully virtual doesn’t mean we are far away. The accounting professionals at Accountor CPA live in cities across Canada, providing services to clients in their own backyards or on the other side of the country.

8. A stress-free year-end

   Year-end can be chaotic when a business has not maintained organized accounting. A small business accountant manages your finances year-round and handles all relevant tax filing and documents, completely taking the stress out of your hands and making your year-end simple.

The world is constantly changing. Can your accounting firm keep up? Get a free consultation from Accountor CPA and see what sets us apart.

Do You Need Online Accounting Services for Small Business?

As a Canadian small business ourselves, we understand the importance of organization, preparation, and analysis when it comes to finances and business operations.

Accounting can take up hours per day out of your time - time that would be better spent managing your business, growing your client base, and bringing in new sales. But there often are not enough resources to hire an in-house accountant to manage your finances for you. This is where online accounting services for small businesses come in.

Along with the benefits of online accounting, these services have a number of unique benefits to small and medium-sized businesses in particular. Online accounting services provide the necessary services you need to keep your business running, without the hefty price tag of an in-house accountant.

1. Keep up to date records and financial statements

   Accounting online allows your business to free up time spent tracking revenue, costs, payroll, tax, and more, without sacrificing access to valuable records and statements.

2. Manage your cash flow

   Be prepared for large expenditures and manage your cash flow with the regular record-keeping of online accounting, Don’t get caught off guard by unexpected expenses.

3. Keep an eye on unnecessary costs

   Get advice and data to discover unnecessary costs and sunken capital in real time when you access your accounting online.

4. Stay on top of accounts payable and accounts receivable

   Small business is all about relationships. Stay on top of your bills and invoices to never miss a payment and ensure good vendor and client relationships, even at your busiest time.

5. Mitigate risk

   Never miss a single document or deadline for your accounts or taxes. Get peace of mind knowing your virtual accountant is keeping your company on track.

6. Make informed business decisions backed by financial data and analysis

   Know the financial benefits and risks of any new business venture, whether it be moving offices, merging, hiring new staff, or purchasing new equipment.

Is your small business ready to grow to the next financial level? Contact us for a free consultation and learn how online accounting services and onlne accounting help can benefit you.

Using The Best Online Accounting Programs

Choosing the best online accounting programs is key for your success. That’s why at Accountor CPA, we work with the industry’s most robust, scalable, and flexible accounting programs and systems.

All our online accounting programs are housed on the cloud - meaning you get redundancy and peace of mind that your data and personal information is kept safe and secure. It also means you and your accountant can access the data from any device at any time - you are not locked down to one office computer!

While we use multiple online cloud accounting programs to suit our clients’ unique needs, some of our primary programs are:

1. Xero
2. QuickBooks Online
3. Sage50

Xero Online Accounting

Xero is one of the most popular online accounting software programs on the market. It is cloud based and offers unlimited user access, making it a good solution as you expand your business and have other employees or administrators that need access to your accounting documents. Importantly, it offers real-time access to all information, including cash flow. You always know how much cash you have on hand and can make business decisions more easily.

You can track assets, income, financial statements, outstanding bills or payments, paying off debts, and investors and shareholders all from the customizable dashboard. Its robust features can be fully customized, making it an ideal solution for growing businesses with changing needs.

Quickbooks Online Accounting

QuickBooks Online is another of our top choices for online accounting software. It works to track income, expenses, assets, liabilities, and bills to give you a wide picture of your financial situation. You can integrate your bank and credit, prepare financial statements, and organize tax documents with ease. Importantly, QuickBooks online also offers mileage tracking, so if your business requires you to travel often, we can take advantage of this feature.

It is also housed on the cloud and is a robust online accounting system for a medium-sized or large corporation that needs a regular detailed overview of its finances.

Sage Online Accounting

Sage is another of the industry’s most robust online accounting systems.It boasts tons of integrations with payment processing software, tax compliancy, receipt tracking, and more. If your business has a lot of expenses on the go, the “snap and capture” feature of Sage can save you time each day.

Another major benefit of Sage as an online accounting system is its tax preparation aspect. Easily prepare your tax return, GST/HST return, and required financial statements with this platform.

Our Online Accounting Services

Whether you run a small business, an SME, a large corporation, or are self-employed, our goal is to make sure you receive the online accounting services you need to succeed and take control of your business’ finances.

Accountor CPA offers scalable and fully customizable online accounting services - all fully remote. You get all the services you need without the hefty price tag of a one-size-fits-all solution.

The services in our accredited online accounting for small business include:

1. Bookkeeping and financial reporting
2. Preparing annual statements of accounts
3. Preparing and filing all relevant income tax documents
4. GST/HST preparation and filing
5. Incorporation services
6. Payroll services
7. Financial advising
8. Managing and forecasting cash flow
9. Employee and HR management
10. Tax planning and tax strategizing
11. Amalgamations and expansions advising
12. Company reorganization and restructuring consulting
13. Managing debt
14. Full tax compliance
15. Liaise with Canada Revenue Agency
16. Prepare for and manage audits

Online Accounting and Bookkeeping Services Packages

Looking for more than just accounting? We offer custom online accounting and bookkeeping services packages so your business’ finances get all the support they need.

Online bookkeeping services paired with accounting provides you with more opportunities to analyze your expenses, cut costs, focus on key areas of growth, and make smart business decisions. The accounting software we work with syncs seamlessly with receipt trackers and bookkeeping software to provide you with up to date reports and information with the click of a button.

Online accounting and bookkeeping packages together also allow you to have a more rounded understanding of your specific expenses. You can see the areas where you are spending the most money and determine the necessity of these.

Good bookkeeping also provides you with some protection in the event of an audit by the Canada Revenue Agency (CRA). If this should occur, you have all the information you need about your income, invoices, expenses, tax, payroll, and more all in one online cloud system, ready to provide to the CRA.

If you need further analysis into your company’s expenses and income, ask us about our bookkeeping services packages.

The Online Accounting Firm Canadians Trust

Accountor CPA is dedicated to providing flexible and scalable online accounting to self-employed individuals, small businesses, SMEs, and large corporations across Canada. We have been operating as an online accounting firm for over five years. We understand the industry is changing, and traditional accounting options just no longer cut it for business owners anymore.

Our goal is to help your business succeed through effective online accounting. We provide guidance and actionable advice for gaining more control of your firm’s accounting and finances. The team of CPAs (Chartered Professional Accountants) and bookkeeping staff is passionate about finding solutions that work for our clients, no matter the size of their business or their budget.

Let’s start with a free consultation to learn how Accountor CPA’s online accounting can take your business to the next level.