Bookkeeping Services
Monthly bookkeeping for Calgary small businesses, with bank reconciliations, categorized expenses, and records that hold up if the CRA ever asks.
Bookkeeping is the foundation everything else sits on. If transactions are miscategorized or the bank account has not been reconciled in six months, your GST return will be wrong, your T2 will be wrong, and the financial statements your bank asked for will not mean anything. We take that work off your plate and keep it current month by month so the rest of your compliance runs smoothly.
We work in cloud accounting software, usually QuickBooks Online or Xero, connected to your business bank and credit card feeds. Each month we categorize transactions, reconcile every account, match receipts to expenses, chase down anything unclear, and close the period. You get a set of reports showing revenue, expenses, and where your money actually went, along with a note on anything that needs your attention.
For businesses that have fallen behind, we also do catch-up bookkeeping. It is common for us to pick up a file with two or three years of unreconciled records, rebuild it, and get the outstanding GST and income tax filings caught up with the CRA. That work is quoted separately from ongoing monthly service so you know exactly what the cleanup costs.
Software Expertise
A4SB works in the accounting software most small and growing businesses use, and can work in your existing file or help set up a new one.
QuickBooks Online
QuickBooks Desktop
Xero
FreshBooks
Wave
What's Included
- Monthly categorization of all business bank and credit card transactions
- Bank, credit card, and loan account reconciliations
- Accounts payable and accounts receivable tracking with aging reports
- GST tracking on sales and input tax credits so your return is ready to file
- Monthly reporting pack with profit and loss, balance sheet, and a summary of items needing your attention
FAQ
How far behind can my books be before you will take the file?
We regularly take on files that are three or more years behind, including businesses with unfiled GST returns and CRA arbitrary assessments. We rebuild the records from bank statements, file what is outstanding, and then move you onto a normal monthly cycle.
Do I need to keep paper receipts if you are doing my bookkeeping?
The CRA requires you to keep supporting documents for six years, but they can be digital. We set clients up with receipt capture so you photograph a receipt once and it is stored against the transaction. You can then stop keeping the paper copy.
Can you work with the accounting software I already use?
In most cases yes. We work primarily in QuickBooks Online and Xero, and we can also take over files in QuickBooks Desktop, FreshBooks or Wave. If your current setup is causing problems, we will tell you before we start and quote the migration separately.
Need help with Bookkeeping Services?
Tell A4SB about your accounting needs and we can discuss the support that may be relevant to your situation.