Bookkeeping

Why choose our bookkeeping service in Montreal?

Our bookkeeping system offers very precise and crucial functions:

Transaction recording: This is the main activity. We perform detailed entry of all operations (sales, purchases, expenses, income, etc.) in accounting software, generally according to the double-entry principle (a debit and a credit for each transaction).
Bank reconciliation: We verify and adjust the company's internal records with bank statements to ensure balances match and to identify any errors or omissions.
Account management: We monitor customer accounts (invoicing and collection) and supplier accounts (payment of invoices).
Payroll management: We calculate salaries, source deductions, and prepare associated government remittances.
Report preparation: We prepare regular financial reports (such as internal profit and loss statements) to provide an overview of the company's performance and cash flow.
Legal compliance: We ensure that records are kept in accordance with applicable Canadian and Quebec laws and regulations, particularly for the preparation of tax (GST/QST) and income tax returns.

Time saving: You can focus on its core activities and business growth, rather than complex administrative tasks.
Better decision-making: Regular and accurate bookkeeping provides clear and up-to-date financial information, enabling you to make informed decisions (cost management, forecasting, etc.).
Year-end preparation: Well-maintained books greatly facilitate the work of the chartered accountant (CPA) when preparing annual financial statements and year-end tax returns.