Accounting And Bookkeeping Services In Toronto

Wei CPA is a Chartered Professional Accountant and Licensed Public Accountant’s office. Our bookkeeping services are for businesses owners, law firms, clinics, charities, and non-profit organizations. The difference between our services and traditional bookkeepers is that we discuss with you to understand your operations, recommend a streamlined document process, and establish an appropriate accounting system and controls. This is our value added step to save your time and cost in daily operations. Our bookkeeping services will relieve you from the burden of document redundancy and streamline the processes. 

What are our bookkeeping services?

• Periodic bookkeeping based on your needs, such as monthly, quarterly, or yearly
• Maintain general ledger, sub-ledgers, and payroll and etc.
• File GST/HST, payroll source deduction (PD7A), T4, T5, and other filings as required
• Bank reconciliations and other required reconciliations, month-end closing and periodic reports
• Law firm bookkeeping
• Medical clinic bookkeeping
• Small business bookkeeping
• Not-for-Profit organizations, charities, and condominiums bookkeeping

What is our approach to bookkeeping services?

1. Understand your operations.
2. Discuss with you about a proposed document streamline process.
3. Get your agreement on the document and data process.
4. Establish an appropriate accounting system.
5. Proceed data efficiently and timely.
6. Generate monthly, quarterly, or yearly financial reports from the accounting system and get them ready for year-end. (Year-end financial statement compilation is a separate service that we also provide on a compilation engagement)

What do you benefit from bookkeeping services?

Bookkeeping is the starting point to do the year-end financial statements and corporate tax returns and financial analysis. You must maintain proper bookkeeping records with the general ledger, trial balance, and bank reconciliations to compile the annual financial statements and file a corporate tax return. Bookkeeping maintains the accounting records properly, including a general ledger, accounts receivable ledger, accounts payable ledger, and a payroll register for your company. Our professional knowledge and experiences can help you to achieve your goals.

Upon completion of bookkeeping, we can also help with your year-end financial statements compilation and corporate tax filing, business owner’s tax planning, and optimization. One of the benefits of using our bookkeeping services is the convenience and efficiency to step into the next level of year-end accounting services and tax planning and filing. 

We are the one station where you can have bookkeeping, year-end financial statements, corporate and personal tax done in the same office.

• The highest quality and the lowest cost
• Recommendation of document streamline
• Professional knowledge and skills
• Financial clarity

Contact us to have a FREE initial consulting.

Resource links

• Not-for-profit corporations
• Business corporations
• Government Loans and Grants
• Keeping Records