BOOKKEEPING SERVICES

Are you tired of keeping track of your receipts, trying to figure out what you need to keep and what can be thrown out?  Are you unsure of what expenses you can write-off, how much mileage you can deduct, what about home office expenses?

By The Book Inc. was founded to meet the needs of small to medium business owners like yourself. Our staff has over 50 years of combined experience in guiding business owners through the maze of government and administrative processes required to run a business.

Whether you are a newly formed Sole Proprietorship or an existing Corporation we can help you enhance your bottom line.

Below are some of the services included in your bookkeeping .

• Accounts Payable: Recording of your supplier invoices, including preparation of payment cheques.
• Accounts Receivable: Recording of your customer invoices, receipt of payments, and preparation of customer statements.
• Bank Reconciliations: Compares the transactions recorded in your bookkeeping records to the ones presented on your bank statement. This is important to ensure all transactions have been properly captured in your record-keeping.
• Payroll: Preparation of your employee’s paycheques, along with the correct tracking of their deductions. The completion of your monthly source deductions payable to Canada Revenue Agency and the year-end T4’s and summaries.
• WSIB: Calculation and remittance of Worker’s Safety and Insurance Board premiums.
• GST/HST: Is charged on sales and paid on purchases, we will track and prepare the necessary remittances or refunds as required.

ACCOUNTING SERVICES

Year End Preparation

We will provide you with the necessary information for your accountant or tax preparer to complete your year end requirements and/or tax returns.

Financial Statements

Timely and accurate financial statements are crucial, allowing you to make educated decisions.
They are also required for obtaining financing and required by government agencies.