Services for Canada

Bookkeeping & Accounting:

• Day-to-day transaction recording.
• Bank, credit card, AR & AP reconciliations.
• Monthly management accounts.
• Multi-currency accounting (common in Canadian businesses dealing with USD).

GST/HST & Sales Tax Compliance:

• GST/HST registration & filings.
• Provincial sales tax (PST/QST) compliance (Ontario, Quebec, BC, etc.).
• Reconciling input tax credits & output tax.

Payroll Processing:

• Salary & wage calculations.
• Payroll tax deductions (CPP, EI, income tax).
• Preparation of T4, T4A, T5 slips for employees/contractors.
• Filing with CRA (Canada Revenue Agency).

Year-End Financial Statements:

• Drafting financial statements under ASPE (Accounting Standards for Private Enterprises) or IFRS.
• Preparing working papers for review by Canadian CPAs.
• Consolidation for groups.

Tax Compliance:

• Corporate Income Tax Returns (T2).
• Personal Income Tax Returns (T1) for individuals, self-employed, and expats.
• Partnership & Trust returns (T5013, T3).
• Capital Gains & Loss calculations.

Audit Support & CPA Assistance:

• Preparing audit schedules (AR, AP, fixed assets, bank, etc.).
• Drafting notes to accounts.
• Back-office support for Canadian CPA firms.

Accounts Payable & Receivable:

• Vendor invoice booking & reconciliations.
• Customer invoicing & follow-ups.
• Payment scheduling & reporting.

Specialised Compliance:

• SR&ED (Scientific Research & Experimental Development) tax credit support (niche).
• Non-resident withholding tax computations.
• Support with CRA audits / queries.

Virtual CFO & Advisory:

• Budgeting & forecasting.
• Cash flow management.
• MIS dashboards for owners/boards.