Professional Bookkeeping Services for Small Businesses
Bookkeeping is ensuring that the key financial information is properly documented in the right accounting books. Without auditing and bookkeeping services, the accounting process cannot be carried out.
Financial statements like the Balance Sheet and Income Statement are prepared on the basis of data from the accounting books. To ensure that there is no error while preparing the books, we at Billah and Associates Inc. help you with all your accounting and bookkeeping services for small businesses’ needs.
Why hire a professional firm for Bookkeeping Services?
If concentrating on bookkeeping shifts your focus from taking your business to the next level, then you should hire professional bookkeepers. You focus on business development, while we at Billah and Associates Inc. will ensure that all your business transactions are recorded in the right books.
Reasonably cost, here are the bookkeeping services we provide:
Chart of accounts
This is the listing of all accounts that are found in the general ledger. There is a classification of accounts into various heads like
3. Owner’s equity
4. Revenue or expenses.
There are various subcategories under these heads like cash, account receivables, common stock, cost of goods sold, and so on.
We help in reconciling the bank statement with the cash receipts and payments to ensure accounting records are accurate. This also includes the preparation of the receivable and supplier statements with the outstanding invoices and bills respectively.
You need to maintain your transactions using the double-entry system. We ensure that every transaction has two entries, debit and credit, recorded in the correct accounts for timely book closure.
Balancing of books
We balance the clients’ books every quarter where the debits and credits are tallied. Once this is complete, the trial balance is prepared.
Once the books are balanced, the data is then used for the preparation of financial statements like:
1. Balance Sheet
2. Income Statement and
3. Cash flow statement
Our bookkeeping professionals will provide end-to-end solutions starting with the classification of transactions to generating the required data for preparing financial statements.
What Gives us the Edge?
We have proven expertise in the field of accounting and taxation services and given our award-winning performance, you can trust Billah and associates with your bookkeeping services requirements.
Experienced bookkeepers ensure they record your transactions in the double-entry system under the proper heads. Accurate entries in your books of accounts result in accurate financial statements.
Contact us to avail bookkeeping services near me in Mississauga, Etobicoke, Brampton, Toronto, and the surrounding Greater Toronto Areas. Let Billah and Associates Inc. take care of your bookkeeping tasks, while you take your business to new heights.
Bookkeeping Services in GTA
Whether you’re a small business owner, a manager at a mid-sized corporation, or a self-employed freelancer, our bookkeepers are ready at your service. We offer comprehensive bookkeeping accounting designed to keep your finances in check.
Our bookkeeping services are reasonable and efficient way to get small and large-sized businesses up-to-date with their bookkeeping records. We assign experienced bookkeepers to ensure the proper maintenance and up-to-date status of your business bookkeeping. Our certified bookkeepers near me are able to customize a bookkeeping solution around your needs.
Bookkeeping Services Offered:
- Accurate and valuable information / Flexible packages / Quick response time
- Set-up of books
- Accounts payable
- Accounts receivable
- Bank Reconciliations
- Expense reports
- Financial statements
- Cheque preparations
- Multi-currency bookkeeping
- Prepare your financials and tax returns at year-end
Get Your Bookkeeping Under Control
Keeping track of financial transactions such as purchases, sales, and payments takes a fair amount of time, energy, and patience. As a business owner or manager, you probably have a lot of other things on your plate. Don’t endure the struggle of keeping up with all the number-crunching and paperwork. Our reliable bookkeeping services make sure your business run error-free.
Client satisfaction is our topmost priority, and we are prepared to go the extra mile to earn your trust. We pride ourselves on attention to detail in all that we do, and we’re ready to put our skills and knowledge to work for you. For more information about our bookkeeping services or to schedule a consultation, call us today at 647-241-5126.
- Accounts Receivable, Accounts Payable, General Ledger, Managing bank and general ledger reconciliations
- Preparing Invoices, Month/Year End closing
- Processing credit card transactions
- Preparing financial statements ( Income Statements and Balance Sheet)
- HST, Source Deductions, T4’s, T5’s, Contractor’s Reporting and WCB Filing