Accounting, Bookkeeping & Taxes

Keybooks Accounting offers professional accounting and tax services for Canadian businesses.

Services for Businesses

Comprehensive accounting support for Canadian businesses

Monthly Reconciliations: Maintain flawless records with bank and credit card statement balancing.
GST/HST Filings: Stay compliant and avoid penalties with accurate, timely tax submissions.
Cash Flow Tracking: Monitor inflows and outflows with detailed liquidity reporting.
AR/AP Management: Optimize your working capital by streamlining receivables and payables.
Payroll Support: Manage employee payments and statutory CRA deductions effortlessly.
Cloud Accounting Setup: Modernize your systems with seamless cloud-based software integration.
Historical Cleanup: Organize and rectify previous records to ensure accurate financial baseline.
Year-End Prep: Save time and stress with your books ready for professional review/audit.
Audit-Ready Support: Facilitate smooth review processes with organized working papers and audit-ready files.

Corporate T2 Filing: Expert preparation and filing to ensure CRA compliance and optimize tax outcomes.
GST/HST Returns: Accurate calculation and timely submission of sales tax filings with CRA.
Tax Planning for Owners: Strategic owner-manager compensation and dividend-salary mix optimization.
CRA Correspondence Support: Expert handling of government communications and technical responses.
Estimated Installment Planning: Precise tracking and calculation of required corporate tax instalments to maintain good standing with the CRA.
T4 & T5 Slips: Accurate preparation and timely issuance of payroll and investment income statements for employees and shareholders.
Tax-Efficient Compensation: Strategic advice on salary versus dividends to maximize net income for business owners.

Budgeting & Forecasting: Proactive budgeting andprojections to guide spending and ensure long-term stability.
Cash Flow Planning: Detailed liquidity analysis to ensure your operational needs are met.
KPI Dashboards: Visual performance metrics that highlight key business drivers and growth areas.
Scenario Planning: Prepare for various market conditions with robust financial modeling and risk analysis.
Strategic Advisory: Financial oversight to help businesses scale with confidence.
Financial Modeling: Custom development of complex financial models to support investment and expansion decisions.
Due Diligence: Thorough financial review and transaction support for acquisitions or sales.
Leadership Reporting: Professional board or executive-level financial reporting for informed governance.

Bookkeeping: Timely bookkeeping and reconciliations to ensure books are accurate and up to date
Accounting System: Setup and maintenance of accounting system in keeping with structure for non-profits and charities
Payroll Management: Timey and compliant payroll processing and remittances for employees and contractors

Grant Reporting: Preparation of financial reports required by grantors and funding agencies.
Fund Tracking: Monitor restricted, unrestricted, and internally restricted funds to ensure compliance with donor and board restrictions.
Documentation: Maintain funder-compliant financial records to support audits, reviews, and reporting obligations.

Board-Ready Financial Reporting: Preparation of financial reports designed for board meetings, including key summaries and decision-support information.
Budget Development & Monitoring: Support with annual budgeting and periodic forecasting cycles

T3010 & T1044 Information Returns: Preparation and filing of information returns and other tax filings.
Audit-Ready Support: Comprehensive preparation of working papers and grantor schedules for seamless CRA and funder reviews and audits.

Let us know how we can help. We are ready to assist with expert accounting, bookkeeping and tax services.