Bookkeeping and Payroll Services for SMEs
Bookkeeping and Payroll Services for SMEs
Does managing the bookkeeping and payroll for your small or medium enterprise (SME) take too much of your time?
Good bookkeeping can keep your accounting fees low and allows you to know how well your business is doing. Your accountant will have an easy time getting what is needed to prepare your financial statements and tax returns. With a good set of books you will know who owes you money, and for how long. You will also be aware of your accounts payable and avoid late charges and missing deadlines for discounts.
Poor bookkeeping can leave one open to unfavourable and costly tax audit assessments and can very quickly ruin a small business. Receivables can be missed or forgotten and never collected. Incorrect and inconsistent entries significantly increase professional fees for preparing financial statements and income tax returns.
However, accounting and payroll preparation can be time a consuming activity, especially for small businesses. Our small business bookkeeping and payroll services help ensure that your payroll and reporting are up-to-date, and will free up time and resources so you can focus on making your business a success.
With our help, you can focus on your success as an entrepreneur, instead of fretting over red tape.In addition to providing bookkeeping services, Steven Agulnik, CPA is a QuickBooks certified accounting advisor. We specialize in consulting with our clients, learning about their needs, and designing a streamlined bookkeeping and reporting process that works for them. Some of our clients that had an existing accounting system in place discovered that a simple process overhaul saved them hundreds of hours of labour, and thousands of dollars of revenue annually. Small and medium enterprises with employees are under increasing pressure from all levels of government with ever-increasing payroll deductions, reporting requirements, and employer contributions. We can automate most of your payroll process, while providing a level of payroll service that’s right for your business. Our prompt reporting also ensures that you know exactly where your business stands financially. If you’re an entrepreneur, and you’re thinking of starting a new business, you owe it to yourself to talk to us before you start investing money in your business. We can help you find the right balance between accounting self-sufficiency and bookkeeping services, and we guarantee that you will be better informed about the day-today success of your business and have the time you need to focus on your core business.