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Frequently Asked Questions 

​General Accounting Questions:​

  • What services does Keybooks Accounting offer?

 
We provide full-service accounting, including bookkeeping, tax preparation, payroll, corporate filings, and financial advisory. All services are managed by licensed CPA in our Mississauga office.
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  • Do you only work with individuals and businesses in Mississauga?

 
No. While we’re based in Mississauga, we support clients across Ontario and Canada through secure cloud-based accounting platforms.
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  • Do I need a CPA and a bookkeeper for my business?

 
A bookkeeper maintains your daily financial records, while a CPA handles the technical aspects of  accounting and tax preparation, including financial statement preparation and compliance. At Keybooks Accounting, you get both under one roof for complete accuracy and peace of mind.
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​Fees and Packages:
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  • How much do you charge for tax filing?

 
Our CPA-led tax filing services start at affordable flat rates. Pricing depends on the type of return—personal, corporate, or self-employed. View full details on our Our Fees page to see exactly how much it would cost for your tax situation.
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  • Can I bundle bookkeeping and tax preparation services?

 
Yes! We provide bundled CPA packages that include bookkeeping, payroll, and tax preparation—ideal for small businesses seeking simplicity and savings. Bundling saves time and money, while ensuring accuracy across your financial records. 
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  • Do you charge hourly or flat rates?

 
Our services are based on flat-rate packages. This makes our costs predictable and transparent for our clients. 
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  • How can I make my tax filing more efficient and stress-free?

 
Keep your records organized, submit documents early, and maintain regular bookkeeping — it saves time and reduces tax preparation hours.​
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Bookkeeping & Software:​
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  • What bookkeeping platforms do you use?

 
We work primarily with QuickBooks Online and Xero, allowing real-time collaboration and secure document sharing.
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  • How often should I update my books?

 
At minimum, we recommend updating your books monthly to keep your financial reports accurate and tax-ready. For some businesses, books should be updated on a daily or weekly basis. Our bookkeeping plans include daily/weekly/monthly reconciliations and reporting as required.
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  • Can I migrate my current accounting data to your system?

 
Yes, we assist with secure data migration from other systems or spreadsheets to QuickBooks or Xero with minimal disruption.

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