Empowering Small Shops by taking finances off your mind

Bookkeeping Service

• Financial set-up with QuickBooks Desktop and Quickbooks Online Bookkeeping.
• Double Entry Bookkeeping with Quickbooks. By using a double entry system, for any transactions made they will be recorded as either a debit or credit. Every debit should match a credit, thereby making error detection easy with debit/credits do not align..
• Chart of Accounts
• Financial Structure
• Balance Sheets and Financial Statement reports for board meetings
• Pay-by-Scale 

Payroll Services

• Payroll Calculator with Quickbooks Payroll. We  focus on Ontario and Quebec source deductions, and contributions. Nation-wide available. 
• Employee record-keeping
• Payment
• Mandatory Employee Related Costs (MERCs) Calculation and Payment 

Cash Management 

• Petty Cash and Reimbursement Tracking
• Support for Cash Management System

Financial Management and Banking 

(Monthly)

Financial Statements will be provided on a monthly bases to assess growth and financial performance along with:

• Deposits
• Bill payments
• Invoice Generation
• Bank Reconciliation and more

Tax Forms for Canada Revenue Agency

(CRA)

• Annual Financial returns to Canada Revenue Agency:
  • T2 (Corporation Income Tax Return)
  •  T1044 (Filed with T2, if applicable)
  • T3010 (Registered Charity Information Return)
• Annual Employee reporting - Records of Employment (ROEs)
  • T4s (Statement of Remuneration Paid) and T4 Summary
• Annual Industry Canada Filing for federally incorporated nonprofits

 Tax Filing and Preparation 

• Tax receipts for registered charities
• HST /GST Tax Calculator
• Workplace Safety and Insurance Board (WSIB)

Tax Compilation

• Annual Financial Statements as a third-party with QuickBooks Desktop and Online Bookkeeping

• Reporting: Help directors make informed decisions
• Fundraising: Advice on growing fundraising capacity to help grow your movement
• Risk Management: Minimize exposure and improve processes

• Bookkeeping: Manage daily transactions
• Payroll: Management of payroll and MERCs
• Filing: WSIB, HST, taxes, financial returns
• Tax receipts: prepare charitable receipts for donors