Bookkeeping Services

Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis and are the foundation of a successful business. Our qualified staff can assist you with the day-to-day tasks associated with bookkeeping.

Assisting both business and individuals, We can provide a little or a lot of help in organizing and recording their financial affairs. Whether your time is limited, you find bookkeeping an absolute bore, or you are retired and just want to enjoy life without the daily hassle, we can help.

• Full cycle payroll services
• HST, GST, PST, WCB and Payroll Source Deduction remittances
• Bookkeeping assistance and training
• Troubleshoot accounting related issues onsite
• Sage50, and QuickBooks bookkeeping setup and training Individual or group
• On-Site software training tailored to individual needs
• Preparation of government-related compliance forms (eg: T4, T4A, T5 slips & Summary reports, ROE’s, GST, PST, WCB) just to name a few

YJL Chartered Professional Account Inc. offers two levels of bookkeeping services to our clients; basic and full.

BASIC BOOKKEEPING SERVICE

• TOTALING REVENUE AND EXPENSES:

We will record your revenue and expenses from the receipts you provide to us.

• BANK STATEMENT RECONCILIATION

Send your bank statements to YJL, CPA for reconciliation or we can set up to have them delivered directly to us.

• YEAR-END FINANCIAL STATEMENTS:

We will provide year-end financial statements for income tax reporting.

• INCOME TAX FILING:

We will complete and file your income tax return based on the financial statements prepared.

FULL BOOKKEEPING SERVICE:

• ACCOUNTS PAYABLE:

We will manage your accounts payable to ensure your bills are paid in a timely manner while making the most profitable use of vendor terms.

• ACCOUNTS RECEIVABLE:

We will invoice your customers and manage the collection of funds as required.

We can receive your payments and deposit them directly into your bank account.

• PAYROLL:

We will manage your payroll and maintain your payroll records.

We will calculate deductions, pay your employees, and remit your source deductions to the appropriate government agency

• VENDOR AND CUSTOMER FILES:

We will help maintain a record of your vendor and customer information for all your business contacts.

• BANK STATEMENT RECONCILIATION:

We will reconcile your bank statement as you provide them to us.

• YEAR-END FINANCIAL STATEMENTS:

We will provide year-end financial statements for income tax reporting.

• INCOME TAX FILING:

We will complete and file your income tax return based on the financial statements prepared.

Like small businesses, individuals need to focus their time, energy and resources in areas that benefit them the most. Your individual bookkeeping requirements can be customized to fit your personal needs.