Cloud-based AccountingBookkeepingFinancial StatementsNotice to Readers
Get back to doing what you love – running your business – and leave the bookkeeping and accounting to us. We offer comprehensive services to take care of everything, so you can achieve your goals with confidence. Contact us today to schedule a free consultation with Accounting firm in Canada.
Bookkeeping
Recording financial transactions and organizing them into financial statements. Keep books organized & audit-proof.
Corporate Tax
Minimize tax liabilities based on its taxable income and tax rate, while remaining compliant with tax laws and regulations.
Accounting
Analyzing, interpreting, and communicating financial information to help businesses make informed decisions.
Payroll
The process of calculating and disbursing employee compensation, including salaries, wages, bonuses, and taxes, for any pay period.
Sales Tax
GST, HST, or QST sales tax return for business or individuals. Remit the Harmonized Sales Tax (HST) collected from customers.
Personal Tax
Complying with government regulations and calculating and paying taxes owed on personal income (T4, T5), purchases, and property.
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Frequently Asked Questions (FAQs)
WHAT IS CLOUD ACCOUNTING?
Cloud accounting programs are accessed through the internet using a web browser, as opposed to the traditional method of installing and operating accounting software on a local computer or server. The following are some of the benefits it offers to users: Accessibility, cost savings, team collaboration, and data security are all included.
DIFFERENCE BETWEEN BOOKKEEPERS & ACCOUNTANTS
While bookkeepers keep track of your business’s financial transactions, accountants look at the numbers, study them, and use them to make reports and financial records like tax returns, income statements, and balance sheets.
WHICH TAX SOFTWARE SHOULD I USE?
To our clients, we most often suggest using either QuickBooks Online or Xero. It all depends on specifics like company size, sector, geography, preferred features, and required level of integration. If you have any questions or concerns about Xero Or QBO or the use of any other accounting software, do not hesitate to contact Accountico Team. We will assist you in choosing the best platform to have a strong foundation for your bookkeeping and accounting needs.
WHO IS THE CRA?
The Canada Revenue body (CRA) is a federal body in Canada that handles tax laws for the Canadian government and most provinces and territories. It is also in charge of registering charities in Canada. The CRA is in charge of looking over tax records and collecting taxes that are owed.
WHAT KIND OF CLIENTS DO YOU WORK WITH?
We help people who have established small businesses. We help consultants, workers, small business owners, tradespeople, health professionals, and holding companies with their bookkeeping and accounting. We’re always here to answer your questions, no matter how big or small, and we can tell if you’re missing out on a tax break.
WHAT’S THE REAL VALUE OF WORKING WITH ACCOUNTICO?
We are experts in our field, and we also know how to deal with the unique problems that small businesses face. We do everything we can to make accounting & bookkeeping as easy & stress-free for our clients as possible, so they can focus on running their businesses. Still need more? Here are some more reasons why working with us is a good idea:
- Unlimited Tax Support throughout the year
- Professionalism and years of knowledge
- Upfront & Transparent Pricing
- 100% Online & on the Cloud