Virtual Bookkeeping

Online Bookkeeping Services

In online bookkeeping (also called virtual bookkeeping or cloud bookkeeping), you and your bookkeeper use cloud-accounting and document management software to create a secure, paperless system. This allows you to exchange receipts and business documents and to collaborate and get financial statements without having to exchange any paper documents.

Online Bookkeeping Services We Offer

Accounting system management (journal entries) & reporting: We input all your revenue and expenses into an accounting system and categorize them in useful ways so that you can pull reports that provide you insight on your sales, spending and profitability.
Expense and revenue management: We organize and categorize all your business expense receipts and your sales invoices.
Reconciliations: We reconcile your bank statements and credit card statements against the data in the accounting system to ensure accuracy and completeness.
Accounts receivable / Accounts payable: We can manage your receivables (generating invoices, managing reminders and processing payments) and your payables through the payment of your bills using an online service like Plooto.
Year-End: We prepare all the documentation for your accountant to be able to do an efficient and painless year-end.
Payroll: We can manage your payroll payments and government payroll remittances.
Taxes: We can calculate and file your business and payroll taxes (including HST/GST, EHT and WSIB).