Accounting Services
If you are worried about the overwhelming amount of transactions or concerned that nitty-gritties of accounting, book keeping, financial & CRA audits, payroll, taxation, CERB, CEWS etc are eating away most of your precious time leaving you scrambling to respond to your existing clients let alone effectively spending time to get new leads and business then let us take care of your worries by providing the expert services at extremely desirable cost.
Bookkeeping Service
Converting those huge registers and piles of invoices into Excel and quickbooks, accessible from anywhere at fingertips
GST/HST Filing
We can help you file your GST/HST every quater or yearly, at your convenience, so that you don’t have to worry about CRA bills.
Tax Planning
Let us do the planning for you, so that you can focus on the operations and profits for your business.
You may have heard about filing income tax returns in Canada from a friend, family member or fellow student. We strongly encourage you to educate yourself about the requirements of the Canada Revenue Agency (CRA) and your responsibilities in relation to filing income tax returns.”If you are an international student studying in Canada, you may have to file a Canadian income tax return. You will need to determine your residency status to know how you will be taxed in Canada” – Canada Revenue Agency.
Bookkeeping Services
We can not emphasize enough on accounting entries and financials being accurate and accounts being reconciled. If data from the accounting records is not true and you can’t rely on it, then you may find in a position of giving wrong conclusions. You are required by the law to keep complete and organized records as required by various legislations namely Income Tax Act, Excise Act Employment Insurance Act, and Canada Pension Plan. That’s why you should leave this activity to the experts. We in solutions expert can provide you many accounting services which provide meaningful analysis, summarizing business and financial transactions and maintenance of complete book keeping. Some of the many services we provide are summarized below:
GST/HST SERVICES
As tax legislations change from day to day, on an even more rapid scale than the past, it is essential that experienced personal tax advice be offered to high net worth individuals, owner-managers of businesses and corporate directors and executives.
We offer below tax services which help our clients resolve situations to everyone’s satisfaction
Tax Filing & Preperation
We provide professional and accurate preparation of income tax returns for Canadian taxpayers which save you from underpayment or late payment of GST/HST which lead to unnecessary interest and penalties, overpayment of GST/HST in error can directly affect profitability and cash flow of your business.
Payroll Services
The moment you hire an employee, you enter a complex world of payroll calculations,
withholdings and remittances such as Workplace Safety Insurance Board (WSIB) and
Employer Heath Tax (EHT). We provide complete payroll services for your business including below:
Managing your payroll and maintaining your payroll records. T4s, T4A, T5, and T5018 filing
Calculating CRA deductions and making remittances
Tax Planning
We can review your tax return and offer advice on potential areas of tax mitigation, and advice on how to reduce your tax liability legally. We are here to listen and help you for tax planning of your business.
Meet your accountant
-Let our Chartered Professional Accountants work for you
-Fast and Quality Support
-One-Stop Solutions
-Get-to-know
Rajesh Motwani, who is a CPA, CA from Ontario and a CA from Pakistan since 2008
Strategic Business Plan
Maintaining your books
Daily, weekly, monthly, quarterly bookkeeping (depending on the size of business)
Once per year bookkeeping
Trial Balance preparation and maintenance
Profit and Loss Statement
Balance Sheet
GST/HST calculation and reporting
Bank account reconciliation
Other Key account reconciliation
Recording vendor invoices
Generating AP aging reports
Generating AR aging reports