- 6740 Davand Dr., Unit 10, Mississauga, ON L5T 2K9
- (905) 565-6000
Accounting & Bookkeeping
Bookkeeping and accounting are integral part of running any business. Whether you hire an accountant or are comfortable doing it yourself, keeping your books in order will help keep track of required records.
Hiring an accountant during your business start-up phase may be advantageous as he or she can help answer your questions about bookkeeping and accounting.
All business organizations are required to submit annual financial statements to Canada Revenue Agency. Whilst we can draw up annual accounts to ensure directors meet their statutory obligations, we can also interpret the figures to help improve overall business performance.
We can provide a comprehensive range of bookkeeping and accounting services in Brampton, Mississauga and Etobicoke through our skilled accounting and management professionals who can assist all types of businesses with
- Accounts Payable
- Accounts receivable & ageing reports
- General ledger entries
- Bank reconciliation
- Trial Balance
- Reports generation for taxation
- Payroll Management
- GST/HST Reports
- WSIB reporting
- CVOR & IFTA guidance
PAYROLL
As an employer or payer, you are responsible for deducting Canada Pension Plan (CPP) contributions, Employment Insurance (EI) premiums and income tax from remuneration or other types of income you pay, remitting them to Canada Revenue Agency and reporting them on the applicable slips.
Employers need to ensure salary payments are made accurately and on time to maintain a good working relationship with their staff. However, the pressures of keeping up to date with legislation and software can pose challenges.
Our team is expert in transferring data seamlessly and taking control of clients' payroll. We can provide :
- Periodic remittances to Canada Revenue Agency
- Paystubs for employees
- T4 & T4 summaries
- T4A, T5, T5018 slips
HST/GST
Since July 1, 2010, Ontario HAS combined their respective provincial sales taxes with the GST to implement an HST in each of these provinces. The HST rate for Ontario is 13% (a 5% federal part and an 8% provincial part). The statutory requirements to calculate HST/GST and file the return with CRA within stipulated time. We offer an excellent service in filing the periodic HST returns, whether monthly, quarterly or annually.