Our experienced accountants take the time to understand your specific business goals, operational needs, and budget constraints. We believe that effective accounting goes beyond mere compliance; it's about providing you with a clear financial picture to drive strategic growth.
We utilize top industry tools like QuickBooks, and Xero, to deliver seamless and efficient online accounting services. Whether you need monthly financial statements, GST/HST/PST/Source deductions/WSIB filing, compliance support, or assistance with setting up a new corporation, you can count on B&B CPA for quality work and dependable support.
Our Accounting Process
01 Initial Consultation & Setup
We begin with an in-depth discussion to understand your business and tailor our services accordingly. We then securely set up your accounts in our system.
02 Data Management & Processing
Your dedicated accountant manages all incoming financial data, ensuring accurate recording and categorization of transactions.
03 Financial Reporting
Receive timely and easy-to-understand financial statements (monthly, quarterly, or annually) providing key insights into your business performance.
04 Compliance & Advisory
We handle GST/HST/PST/Source deductions/WSIB filings and ensure overall compliance. We also offer ongoing advice based on your financial data to support your growth.
Service Outcome
- Accurate and timely financial statements (Monthly/Quarterly/Annually).
- Streamlined Accounts Payable and Receivable management.
- Hassle-free GST/HST/PST/Source deductions/WSIB filing and full tax compliance.
- Clear financial insights for informed business decision-making.
- Peace of mind knowing your finances are handled by experts.
Frequently Asked Questions
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What accounting software do you use?
We are proficient in various top accounting software including QuickBooks (Online and Desktop), and Xero to provide flexible and efficient services.
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How do I share my financial documents with you?
We utilize secure cloud-based platforms and portals for easy and safe document sharing. We'll guide you through the simple onboarding process.
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What's the difference between accounting and bookkeeping?
Bookkeeping involves the recording of daily financial transactions. Accounting is a higher-level process that uses bookkeeping data to analyze, interpret, and report on your business's financial health, often including strategic advice.
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How often will I receive financial reports?
We tailor our reporting frequency to your needs – typically monthly, quarterly, or annually. We ensure you receive timely information to make informed decisions.
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Can you help with filing corporate taxes?
Yes, comprehensive tax planning and preparation are key parts of our accounting services. We handle GST/HST/PST/Source deductions/WSIB filings and can assist with corporate income tax returns.
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Do you offer services for newly incorporated businesses?
Absolutely. We assist with new corporation setup, ensuring your accounting systems are established correctly from day one for compliance and efficiency.
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How much do your accounting services cost?
Our pricing is tailored to your specific needs and the complexity of your business. We offer transparent flat-rate or scalable hourly options after our initial consultation. Contact us for a custom quote.
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How secure is my financial data with you?
Data security is our top priority. We use industry-standard secure platforms, encryption, and follow strict confidentiality protocols to protect your sensitive financial information.
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Who will be handling my account?
You will be assigned a dedicated Account Manager and Accountant who will be your primary points of contact, ensuring consistent and personalized service.