Bookkeeping

Service Details

Simplify Your Finances
with Expert Bookkeeping

Your business deserves smart remote bookkeeping. B&B CPA offers dependable online services to simplify daily operations and free up your valuable time.

Our team of expert remote bookkeepers handles everything from accounts payable and receivable to financial reporting and bank reconciliations, ensuring accuracy and clarity at every step. We provide seamless software integration and expert support tailored to your needs.

With easy integration into your existing systems using tools like QuickBooks, Xero, plus regular financial updates, we help you stay informed and in control. We know every business is different, which is why our virtual bookkeeping services meet your unique requirements.

Our Bookkeeping Process

01 Needs Assessment

We start by understanding your business operations, transaction volume, and specific bookkeeping requirements.

02 System Setup & Integration

We set up or integrate with your preferred accounting software (QuickBooks, Xero, etc.) and establish secure data sharing methods.

03 Transaction Recording & Reconciliation

Your dedicated bookkeeper meticulously records daily transactions, manages AP/AR, and performs regular bank reconciliations.

04 Reporting & Review

Receive accurate financial reports periodically. We review these with you to ensure clarity and support your decision-making.

Service Outcome

  • Accurate and up-to-date financial records.
  • Efficient Accounts Payable and Receivable management.
  • Timely bank and credit card reconciliations.
  • Clear financial reporting for business insights.
  • Compliance with accounting standards and tax requirements (GST/HST/PST/Source deductions/WSIB).
  • Free up your time to focus on core business activities.
  • Support with annual payroll reconciliation if needed.

Frequently Asked Questions

  • What does a bookkeeper do?
    A bookkeeper is responsible for the day-to-day recording of a company's financial transactions, such as sales, purchases, payments, and receipts. This includes managing accounts payable/receivable, reconciling bank accounts, and preparing basic financial reports.
  • Why should I outsource my bookkeeping?
    Outsourcing saves you time, reduces overhead costs associated with hiring an in-house bookkeeper, ensures accuracy by leveraging expert knowledge, and provides access to modern accounting technology without direct investment.
  • How much do your bookkeeping services cost?
    Our pricing is tailored to your business's size, transaction volume, and specific needs. We offer transparent flat-rate monthly packages or flexible hourly rates. Contact us for a personalized quote after an initial consultation.
  • What software do you use? Can you work with my current system?
    We primarily use QuickBooks Online & Xero, but we are adaptable.
  • How do I send you my documents (receipts, invoices, bank statements)?
    We use secure methods like dedicated cloud storage folders (e.g., Google Drive, Dropbox), email, or direct integration with software for efficient and safe document transfer.
  • How often will my books be updated?
    This depends on your needs and package. We offer services ranging from daily transaction recording to weekly or monthly updates and reconciliations.
  • Will I have a dedicated bookkeeper?
    Yes, you will be assigned a dedicated bookkeeper who understands your business, supported by our experienced team and overseen by a professional accountant or manager.
  • Can you handle catch-up bookkeeping if my books are behind?
    Absolutely. We offer catch-up bookkeeping services to bring your financial records up-to-date accurately and efficiently before transitioning to ongoing maintenance.
  • Do you prepare and file taxes?
    Absolutely. Our primary focus is bookkeeping, which provides the accurate data needed for tax preparation. We handle GST/HST/PST/Source deductions/WSIB preparation and filing. We specialize in filing and remittances of Corporate taxes.
  • Is your service suitable for small businesses?
    Yes, our services are specifically designed to be scalable and affordable for small to medium-sized businesses across various industries, providing professional expertise without the cost of a full-time employee.