Service: Bookkeeping for Small Business
Bookkeeping is the backbone of any successful business. Keeping up-to-date and accurate records is necessary to make profitable decisions and grow your company.
Online bookkeeping for small businesses ensures you have consistent financial record keeping to assist you in making timely and informed financial decisions.
Get better financial insights and the ability to set achievable goals for business growth when you work with a professional bookkeeping service.
Why You Need Bookkeeping Services for Small Business
Bookkeeping is all about maintaining good financial records for accounting to drive decision making. It encompasses tracking all aspects of business finances, including assets, liabilities, income, and expenses. This paints a clear picture of your business’ financial situation and helps you find innovative ways to grow.
Bookkeeping with receipts, invoices, payroll, tax returns, and bank, credit card, and investment statements should be performed at least monthly. However, business owners and entrepreneurs are often unable to dedicate the time it takes, leading to a frazzled and chaotic year-end. Even simplified bookkeeping for small business or bookkeeping for beginners can take up hours of valuable time.
At Accountor CPA, we take this stress out of your hands. We handle setting up bookkeeping software and provide you with accurate financial records. Get the best in bookkeeping help for your SME from Accountor CPA.
Professional and simple bookkeeping for small business benefits multiple industries, including:
- Real Estate
Our firm is trusted by business owners across Canada. Our Certified Public Accountants (CPAs) have the experience to go beyond just basic small business bookkeeping and provide you with custom solutions and packages, tailor-fit to your needs.
Get back to what you love - running your business. Leave the bookkeeping to us.
Benefits of Professional Bookkeeping
- Focus on Your Business
Bookkeeping eats significantly into time better spent on marketing, sales, and management. Leave the bookkeeping to us, so you can focus on what is important to you - managing your business.
- Create a Better Budget
Simple bookkeeping allows you to see where you’re spending the most money and making the most profit. These important figures determine an accurate budget to give you the best ROI.
- Avoid Penalties
It can be easy to have inconsistencies when you prepare tax documents. A small error can lead to significant penalties. Professional bookkeeping ensures there are no discrepancies and that taxes are prepared accurately and punctually to avoid penalties.
- Make Smarter Business Decisions
Know the status of your finances before making any major business decisions. With online bookkeeping, you have access to the statements, reports, and figures you need to more confidently make decisions for your business’ future.
Working with a CPA gives you the benefits of their experience. They are bound by confidentiality at all times. You know your company’s sensitive data and best interests are protected.
- Comprehensive Advice
SME bookkeeping services do more than just track finances. The reports generated can find gaps in business administration and areas for improvement.
What Does Bookkeeping Cost for Small Business?
The cost for professional bookkeeping varies depending on your business’ size, industry, and needs. To hire an internal bookkeeper can cost upwards of $55 000 per year. You are also limited to the scale of one person. Should your needs grow, you may have to hire again.
Outsourced professional bookkeeping services for small business allow you to have all your needs met by an experienced team. Accountor CPA offers scalable bookkeeping packages for small business. You save thousands of dollars per year while having access to more people, more services, and better bookkeeping - all online.
Get a custom quote for bookkeeping fees for small business with Accountor CPA.
Bookkeeping Services for Small Business with Accountor CPA
The days of the accounting ledger are in the past. With our Cloud Bookkeeping, we set up a seamless and accurate workflow to ensure all transactions are accurately categorized. We link direct entries with invoices, receipts, and other financial documents - easy to access and easy to understand. We offer a number of bookkeeping packages for small businesses.
Our online bookkeeping services for small businesses and start ups include:
- GST/HST reporting
- Payroll services
- Entering, coding, and paying bills
- Creating and sending customer invoices
- Collecting past due accounts receivable
- Reconciling bank and credit card statements
- Maintaining vendors for accounts payable
- Maintaining clients for accounts receivable
- Preparing audits, analyses, weekly, monthly, quarterly, and/or yearly financial statements and plans
Whether you are a small business, SME, or start up, our cloud bookkeeping services can change the way you plan your business’ present and future.
It’s time to let go of the stress of bookkeeping. Our firm’s CPAs are experienced, professional, and here to help. Get in touch with us for a free evaluation of your bookkeeping needs.