Monthly · Quarterly
Bookkeeping
We keep your books monthly or quarterly from your bank statements and receipts, so your numbers are always current and year-end is ready when tax time comes.
| Schedule | Monthly or quarterly |
|---|---|
| Starting point | Bank and card statements |
| You receive | Income statement, balance sheet |
| Keep records | 6 years |
What's included
- Recording bank and credit card transactions in the right accounts
- Reconciling every bank and credit card account to its statement
- Matching receipts and invoices to payments
- Tracking the GST/HST you collect and pay
- Keeping amounts owed to and from shareholders straight
- An income statement and balance sheet after each period
Who it's for
- Businesses that want current numbers through the year
- Companies with only a few transactions a month, such as holding and real estate companies (quarterly)
- Self-employed people who want their business income ready for their personal tax return
- Businesses whose books have fallen behind
What we'll need from you
- Bank and credit card statements (PDF or CSV)
- Sales invoices or sales reports
- Receipts and bills for expenses
- Loan and lease statements
- A note on anything unusual, such as large transfers or new equipment
Good to know
Monthly or quarterly?
Monthly suits businesses with many transactions, or owners who want current numbers. Quarterly is often enough for companies with fewer transactions, and it lines up with quarterly GST/HST returns.
Our books are behind. Can you catch up?
Yes. We rebuild the books from your bank statements and receipts, then keep them current from there.
How long do I need to keep records?
Generally six years from the end of the last tax year they relate to. Keep receipts and statements even after your return has been filed.
Book a consultation
Leave your details and what you need, and a professional accountant will contact you.
Please don't send tax documents or your SIN here. Once we've agreed on the work, we'll send you a secure upload link.