Bookkeeping Services Ottawa
Ortus Accounting provides accounting, bookkeeping, controller and software training services in Ottawa.
Are you receiving A full value for the money you pay for the bookkeeping services?
Without a solid foundation of the accurate bookkeeping, financial statements or income tax return are meaningless. First of all, proper bookkeeping gives companies a reliable measure of their financial performance. Secondly, it helps to effectively manage cash flows, make strategic decisions and evaluations. Most importantly, it helps to achieve tax compliance, and provides reliable financial data to investors and business owners. In short, once a business is up and running, spending extra time and money on maintaining proper records is critical. Besides that, you are required under the law to maintain accurate books and records. In fact, “poor accounting” is one of the top reasons businesses fail. Without reliable bookkeeping, you are blindly driving your business off a cliff. And At Ortus Accounting, our team is here for you!
Our ongoing bookkeeping service is the effective way to get up-to-date, meaningful and well-organized financial records regardless of the location, industry or business cycle of your company and without administrative and financial costs of hiring a full-time employee
Whether you are growing or well-established business, individually owned or franchise operation, we are here to help. Our firm will provide bookkeeping solutions you require and deliver high-quality, reliable, uninterrupted and timely professional services essential for growth and success of your business.
At Ortus Accounting, we have the expertise, system and resources to continuously manage and maintain your company’s financial records in compliance with the accounting and income tax rules and regulations. Our team ensures that your financial statements and corporate tax return are based on a reliable and audit proof bookkeeping. Your records will be prepared with at most due professional care and in a timely fashion.
You only will pay for the services you need, and only when you need them. We don’t outsource your bookkeeping – all bookkeeping is done by real humans in Toronto. We will provide you with the necessary support for your ongoing success. Our clients receive practically immediate access to their financial records once the bookkeeping is complete. We currently serve the areas of Toronto and GTA.
Our company provides the best bookkeeping services money can buy!
In sum, we will properly account for all of your revenues and expenses, reconcile bank and credit card accounts. We can also manage your accounts payable and accounts receivable. We also ensure that sales taxes, employer health tax, WSIB and payroll deductions accurately accounted for and filed on time. Therefore, we will work closely with your company to ensure that you receive the best personalized service available.
Our company provides the following bookkeeping and general accounting services that are tailored to meet your business needs and goals:
Bank and credit card reconciliation
Correct set of your chart of accounts
Data migration from older software applications into QuickBooks
Record all the revenues and expenses
Manage accounts receivable and accounts payable
Accounting for capital assets, inventory, loans, mortgages and leases, related-party transactions
Merchandising operations/COGS, foreign exchange and multiple currency, payroll, out-of-pocket expenses, petty cash, etc.
Prepare and file GST / HST returns, WSIB and EHT
Interim financial statements (for your personal use) and advisory
Year-end support including year-end documentation and schedules require for the compilation of notice to reader financial statements
We offer monthly, quarterly or annual bookkeeping services.
Send your documents – email or courier to our office
We work – we review and process financial and operations documents provided
We follow-up – If there are unknown transactions or suspicious financial activity, we will ask you to clarify and/or provide support
Review – upon completion of the bookkeeping, we email you management reports and general ledger for review and approval
BENEFITS OF OUR SERVICES INCLUDE:
Improve quality and timeliness of financial information
Quick response to your email or telephone inquiries
Improve management and financial decision-making abilities
Free up valuable time that can be used for a business development
Keep track of important deadlines for government filings and payments
Achieve greater efficiency by involving an outside expert
Same bookkeeper works for you to guarantee quality and efficiency
- Provide valuable advice on what needs to be changed on the spot to comply with CRA requirements
- Stay on top of your paperwork by organizing and filing it
Minimize exposure from accounting personnel turnover
Strict quality control and full support from our office
Contact us for a free consultation to determine which type of bookkeeping is required or beneficial for your business.
Bookkeeping Service Ottawa
It is one thing to say that you want to work with a firm that can offer the best bookkeeping and accounting services in order to keep your business as financially sound, healthy and organized as possible. But in reality, It is actually much harder to find a company that you would like and want to build a long-term relationship with as a business partner. And Bookkeeping Service Ottawa ensures to deliver the accounting data and guidance essential to achieve your company’s financial goals and objectives. Bookkeeping Service Ottawa offers a wide range of accounting and bookkeeping services in the City of Ottawa, Toronto and Ontario. Bookkeeping Service Ottawa services are designed to keep the financial side of your business running efficiently and effectively as possible. In addition to monthly and quarterly bookkeeping services, we offer interim financial statements preparation and analysis, accounting software consulting and training.
Bookkeeping Services in Ottawa
Working with Bookkeeping Services in Kingston monthly, quarterly or annually, even on ad-hoc projects will significantly improve your company’s financial analysis capabilities and efficiency of management of your operations. Bookkeeping Services in Ottawa will help you to improve cash flow, accounts receivable and payable management. As most of the bookkeeping tasks will be outsourced, you can just focus all your attention on the core of your business, such as sending invoices to your customers for the services provided and following up on payments. As a result, Bookkeeping Services in Ottawa will help you to increase your cash inflows which is vital for the success of any business.
Bookkeeper Ottawa will ensure that all your tax obligations are fulfilled on time. It includes preparation and filing of value added taxes such as GST/HST, payroll benefits and remittances, and corporate income tax instalments and payments. You effectively will be able to track and maintain all financial information to fulfill your tax obligations on time without being penalized for being late. Continuous work with us will help you not to rush through those obligations no more, keep track of all these payments and plan ahead. Inefficient payments or instalments can result in additional interests and penalties that can be avoided. Most importantly, keeping books and records organized and filing everything on time significantly reduces risk of the review or audit by the CRA. Any company, even with immaculate accounting records, does not want to open their books to any government agency, even if there is nothing to hide as it costs a lot of time, money and stress to deal with a tax man.
Ottawa Bookkeeper team will ensure that all your books and records are complete, accurate and well organized as required by law. You will be able to find all financial information required about your business in no time. There are various parties that are always interested in most up to date financial records-CRA, investors or banks. In addition, organized books and records will make your life easier when you need to apply for a loan, grant or subsidy.
Bookkeeper in Ottawa
In addition, Bookkeeper in Ottawa offers great availability to our clients. We do not limit ourselves to contact with our clients only once a year. Whether you are a small or big client, we always return your phone calls or respond to your email inquiries as best as we can. Moreover, our team always communicates to its clients in a simple language without trying to confuse or complicate things or or purposefully use jargon to keep you in the dark. Therefore, our bookkeeping firm does our best to convey understandable financial information that actually has a value for decision making.
Small Business Bookkeeping Ottawa
Continuously keeping books up to date, you can get better tax advice on your finances. Rather than struggling to complete your bookkeeping once a year on the last date of filing your corporate tax return through a massive adjusting entries designed to correct various account balances, Small Business Bookkeeping Ottawa will help you to keep track of your corporate income and sales tax liabilities throughout the year. Business tax planning will also help business owners with their personal tax situation. As most of their personal income derives from their businesses, business owners need to ensure that their companies do well at personal financial planning and investing heavily based on how much their business makes. Correct and accurate accounting and financial information is crucial as it must show the true profitability of a company, and should not be a guess game at the end of the year.
Small Business Bookkeeper Ottawa
Working with Small Business Bookkeeper Ottawa will ensure that you get a piece of your mind. Messy books and records can weigh very heavily on your brain in addition to many other difficulties associated with running a business. Our bookkeeping firm will ensure that issues with the bookkeeping do not keep you awake at night. Ortus Accounting ensures to complete your bookkeeping properly and on time, and you have all the information you need for review and strategic decision making.
There are third parties that are always interested in your records – the CRA, financial institutions and banks, existing or potential investors, but most importantly – management or business owners themselves. Working with stakeholders you need to ensure that all the financial information is well organized, accurate, reliable and easily available at your fingertips and accessible when you need it. Messy, disorganized and incomplete records will quickly cause all the good relationships to deteriorate, get compromised and even terminated. With Ortus Accounting Bookkeeping Ottawa you help you take care of your accounting and bookkeeping needs, keep books and records organized and make it much easier to locate anything within your company, and provide all information such as interim financial statements to the appropriate parties when you must. And most importantly, accurate information is important for your own business as you continuously have to measure the financial performance of your company.
Any business owner must keep handy all the accounting records to support tax returns filed in the event of review or audit by the CRA. By doing monthly or quarterly bookkeeping with you will be more than certain that all the financial documents such as bank and credit card statements, invoices and bills support all the entries made in your books. Most importantly, Ottawa Bookkeeping will ensure that your prior financial records actually match and support tax information filed with the CRA.
Bookkeeping in Ottawa
Bookkeeping in Ottawa team will ensure that your books are ready for tax season. All businesses have to file corporate income tax returns every year. And every time, a lot of businesses scramble to find information they need to complete the bookkeeping, and try to file on time to avoid interest and penalties. Our team can significantly simplify this process by having bookkeeping done monthly or quarterly. We ensure that there is no missing paperwork or receipt and all financial information properly documented and recorded. Equally important, you will also know how much you have made personally as most of the income that goes into your personal tax return comes from your business.
Outsourced Bookkeeping Ottawa
Monthly or quarterly with Outsourced Bookkeeping Ottawa will help your company to stay organized. All the financial information such as current cash balances, accounts payable and receivable, loan obligation or shareholders account will be right at your fingertips in the form of the interim financial statements and will be particularly useful in managing everyday operations. In addition, it will help you make an informative business decision based on actual financial data. The basic information required for financial planning is the balance sheet, profit and loss and cash flow statement. And our team delivers these reports to our clients unconditionally upon compilation of monthly or quarterly bookkeeping tasks. Periodic review of these reports will ensure that your business is on the right track financially from the start and without leaving important financial details on a side.
Monthly Bookkeeping Ottawa
Monthly Bookkeeping Ottawa will help you to establish and maintain control of your company’s finances. With ongoing bookkeeping services you will be able to see a clear and precise manner of how your business earns and spends money. It includes setting up accounts payable and receivable management policies and procedures to ensure accuracy of the accounts, collections and payments to suppliers. You will be able to know exactly how much your customers owe to you and when to expect the payment. In addition, we ensure your accounts payable are up to date, that can help you to avoid duplicate payments, or interest and penalties payable to your vendors.
QuickBooks Bookkeeping Ottawa
QuickBooks Bookkeeping Ottawa will help small business owners to focus more on strategy rather than being involved in tedious daily accounting and bookkeeping tasks. Our bookkeeping firm will accurately track all your operating expenditures, revenues, managing accounts payable and receivables, payroll, income or sales tax obligations. Keeping books and records up to date will help you to achieve your short term financial goals and objectives. Most importantly, you will be able to continuously evaluate results of your tactical-operational business decisions and adjust goals as necessary. Up to date financials will also help you to anticipate legal difficulties and cash flow problems and most importantly, as a business owner you will be able to take all necessary steps in advance to prevent it from happening.
QuickBooks Bookkeeper Ottawa
Working with QuickBooks Bookkeeper Ottawa will help business owners with analysis of the financial performance. Our team can generate interim financial statements that can be used for vertical, horizontal or ratio analysis. Interim financial reporting will help you identify what products or services are profitable and what are not, and you know precisely what are your company’s strengths, and as well as improve weaknesses.
Bookkeeping Services Near Me Ottawa
Bookkeeping Services Near Me Ottawa offers its clients over 10 year of public accounting experience in working in various industries. It includes advertising and promotion, business professionals, construction and trade, fitness and sport, e-commerce, food and catering, retail and real estate, and medical and healthcare professionals. Every industry has its own rules and regulations, and is governed by different laws. In addition, some of the industries characterize their own accounting and bookkeeping particulars that accountants and bookkeepers should be aware of. For example, one of the most important elements is the revenue recognition erroneously reporting which can have particularly negative consequences if the incorrect amount of the revenues claimed on the corporate income tax return. Our bookkeeping firm can also help you to prepare interim financial statements and have all the financial information you need at your fingertips and use it for financial planning and analysis whenever you need.
Bookkeeper Near Me Ottawa
Bookkeeper Near Me Ottawa will make sure that you do not miss out on key business deductions. Our bookkeeping firm will accurately keep track of all your expenses to ensure it does not result in overpayment or underpayment income and sales taxes. Ortus Accounting team will help you to keep all the business documents organized and handy as in the event of the CRA audit, expenses can be disallowed business deductions if supporting documentation is missing or not provided at request.
Cloud Bookkeeping Ottawa
Cloud Bookkeeper Ottawa
Online Bookkeeping Ottawa
Online Bookkeeper Ottawa
For more information or to receive a free consultation, call us at (647) 877-5605 or complete contact form.
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1 King Street West, Floor 4800, Suite 177
Toronto, ON M5H 1A1
Phone: (647) 877-5605