Edmonton Bookkeeping

Edmonton Bookkeeping

Kamloops Bookkeeping

Our service starts with a consultation and the creation of a customized bookkeeping plan to establish your reporting and processing needs on a weekly, bi-weekly or monthly basis customized for your specific requirements.
Once your bookkeeping system is set in place we can perform reviews and analysis in an efficient manner to ensure a prompt turn-around of your cash flow. This provides you with the timely financial information you need to manage your business. 
We are available both in-house and on-site to assist you with every day functions and offer you long and short term services.

General Accounting Ledger – The general ledger is the core of your company’s financial records. These records constitute the central “books” of your system. Since every transaction flows through the general ledger, a problem with your general ledger throws off all your books.

Having us review your general ledger system each month allows us to hunt down any discrepancies such as double billings or any unrecorded payments. Then we’ll fix/correct the discrepancies so your books are always accurate and kept in tip top shape/ up to date.

Monthly Bookkeeping Service

Here is just a sample of the bookkeeping and financial account management we can do for you:

– Track your receivables
– Manage payment of your accounts
– Invoice your clients
– Post your monthly statements
– Monitor your cash flow daily…weekly…monthly
– Manage your payroll
– Manage your GST and PST
– Provide accurate monthly profit and loss statements/income statements and balance sheets

And much, much more depending on what you need and want to know

Financial Statements

Financial statements can assist you in looking deep within quarterly or annual financial statements, to determine how well/poorly any enterprise or business has performed over the time periods in question.

Reconciliation

When the company receives its bank statement, the company should verify that the amounts on the bank statement are consistent or compatible with the amounts in the company’s Cash/Bank account in its general ledger and vice versa. This process of confirming the amounts is referred to as reconciling the bank statement or bank statement reconciliation. The benefit of reconciling the bank statement is knowing that the amount of Cash reported by the company (company’s books) is consistent with the amount of cash shown in the bank’s records.