Accounting and Bookkeeping
We Know What You Need In Accounting & Bookkeeping
Bookkeeping is an essential service for all kinds of businesses including sole proprietors, multinationals, high-growth startups and not-for-profit. High-quality bookkeeping does more than documenting transactions and managing financial administration. The service helps to shape up the success of any venture by implementing and maintaining consistent tracking. Quality bookkeeping also helps to establish a healthy business environment by managing to pay and reporting.
Having updated ledgers and accurate journals contributes a lot to the success of any business. This helps to check where allocated funds go, check the pulse of your business, and the most important thing is to find new income and revenue streams. All our clients understand very well that knowing the numbers is the key to financial breakthroughs in any business.
Besides posting invoices, reconciling bank accounts, posting expenses and purchases vouchers bookkeeping also involves property disseminating transactions, to help clients understand the contents of a financial statement. Accounting is a complex solution that involves adjustment entries, reporting and year-end adjustments. It also involves providing clients with timely inventory reconciliation, accounts payable (AP) reports, accounts receivable (AR) reports, GST/HST reconciliation, corporate tax reconciliation, payroll reconciliation, computing prepaid/accrued expenses and posting adjusting entries for true & fair presentation.
How We Help/What We Do
We offer accounting services and bookkeeping in Canada focusing on helping small and medium-sized businesses thrive financially. We also help them to understand their clients’ needs for better service delivery. Partnering with us as your bookkeeping and accounting service providers will help your firm gain knowledgeable insights to help you manage your finances and ensure that every dime is accounted for.
Team approach is our biggest asset and it’s backed by specialization in the industry, timely, high quality, and uninterrupted bookkeeping. Each client we serve is given a team of dedicated accounting experts who have a wealth of knowledge in finance, accounting, and bookkeeping. This helps users to ensure that there is a smooth transition and effective financial consultancy all year long. We conduct monthly reviews of all our accounting files. This process is done by industry experts so our clients get accurate bookkeeping that complies.
The frequency of our bookkeeping is determined by the client’s statutory filing requirements and their individual needs. It helps us to know how many times we have to update the books so that returns are filed on time. Partnering with us as your bookkeeping service allows you to make informed financial decisions since we always update you on the current status of your books.
Bookkeeping, accounting and compliance constraints and costs are reduced when you choose to hire us as your bookkeepers. We help our clients in managing their accounting and tax compliances as if they are done by their in-house team. With eFinancialz, you’ll get professional and personalized bookkeeping solutions that ensure accuracy. We know that each client’s needs are special, that is why we tailor all our services based on the client’s financial requirements. From consultancy, accounting, set up, support, to maintenance, we are always ready to rise to the occasion.
eFinancialz uses an array of bookkeeping tools such as Simply Accounting, QuickBooks, Xero, Sage Accounting and CaseWare. We are proficient and ensure that our clients get accurate and streamlined financial services aimed to meet their business goals. Our team is made up of well-trained experts who are quick to learn the client’s specific software and processes. You are guaranteed quality standards and quick turnaround when you work with us.
Our bookkeeping solutions are flexible enough to cater to those who want to keep track of their monthly, quarterly, semi-annual, or annual books. While we do all these, you can focus on other aspects of your business that matter most.
Bookkeeping Services for Canada
What drives us is the urge to see small and mid-sized businesses grow and we do this by offering the best and reputable accounting and bookkeeping services in Canada. eFinancialz knows better the hardship and complexities that go into these processes. Based on various insights we will offer the best accounting solutions for your business. All these accounting services are there to ensure that business owners focus on what matters most, which is growth. If you are looking for the best accounting and bookkeeping services in Canada, then eFinancialz is the best for you.
Outsource2india also offers bookkeeping and accounting services specifically for our Canadian customers. Whether you are looking for bookkeeping services for small business or large corporations, we can help.
- Obtain all bank statements and bookkeeping info.
- Prepare bank reconciliation.
- Prepare GST/HST returns.
- Tax Preparation Services.
- Keep and manage records of employee.
- Prepare periodical financial statements.
- Prepare T4, T4A & T5.
Below is what our full-cycle bookkeeping and day-to-day processing offer:
- Day to day bookkeeping and accounting
- Account Payable
- Account Receivable
- Inventory Reconciliation
- Bank Reconciliation
- Credit card reconciliation
- General Ledger Administration
- Full-cycle bookkeeping
- Preparing accounts receivable
- Preparing cash flow statements
- Preparing accounts payable
- Expense Ledger maintenance
- Fixed Asset ledger maintenance
- Preparing Trial Balance
- Financial statements
- Generating Accounts Receivable reports
- Generating Accounts Payable reports
- Setup accounting services
- Year-end adjustment entries
Bookkeeping Solutions for all types of Industries
At eFinancialz, we understand that not all businesses have the same bookkeeping and accounting needs. That’s why all our solutions are based on what our client’s accounting goals are. In other words, we offer custom-tailored bookkeeping and accounting services. We draw a line between bookkeeping and accounting and we know exactly what each of them entails. Our expertise is dynamic and covers different aspects of bookkeeping and accounting. When you put us in front of your accounting department, you can rest assured that all is well. Here are some of the industries we provide bookkeeping for:
- Investment Accounting and bookkeeping
- Bookkeeping Services for Large Corporations
- Investment Accounting and bookkeeping
- Accounting and Bookkeeping for Banking Industry
- Accounting and Bookkeeping for Real Estate
- Accounting and Bookkeeping for CPA Firms
- Accounting and Bookkeeping for Restaurants
- Accounting and Bookkeeping for Franchisee based operations
- Accounting and Bookkeeping for Dentists and medical practitioners
