Bookkeeping Services
No two businesses are exactly alike and the same applies to the accounting and bookkeeping packages. We offer a wide range of accounting and bookkeeping services which are catered to all industries in both Canada and the US. We work with small business owners to figure out what the business needs most, always with profit in mind.
Bookkeeping
Tax Preparation
Accounting System Setup
The accounting system is a crucial system for any business.
We work with Quickbooks Online and Xero. It allows the business owners to be able to understand and have visibility to the financial health of their business. Let us help you get the Chart of Accounts setup as well as any other tools and processes in place which will be of help to you and your business in order to stay organized up to date.
Bookkeeping Reviews
Let an expert take a look.
Not everyone needs full on bookkeeping services, but it’s nice to know that you have someone to connect with for a professional review. We can review your books at any interval you choose and provide you with valuable feedback.
Rescue Work
Overwhelmed? Need help? Call us.
Everyone needs a little rescuing sometimes! Whether your books are weeks, months or even years behind, not only can we get you caught up but also set you up to keep it going. Let us help put a plan in place to get you back on track and up to date.
Government compliance and Reporting
Let us manage the deadlines.
All small businesses have different compliance and reporting needs based on their industry and operating locations. If you need help figuring out which programs you need to be a part of, we can help. If you already have the required accounts setup, we can help you with the reporting and filing requirements as well. Some of the required programs include: GST/HST/PST, Source deductions, EHT, WSIB, ROEs, and tax installments.
Payroll Services
Paying your people on time. Every time.
Need help managing staff and getting everyone paid on time? We have partnered with some of the top payroll providers including
QBO, Wagepoint, Knit People, and Gusto to handle all of your payroll needs and take care of one of your most important assets. We can help with onboarding employees and also filing the required remittances and annual forms. Payroll services are typically priced per employee per month, however we can customize a solution that works for you based on your needs.
Accounts Payable
Stay on top of who you owe.
Need help managing and paying bills? We can handle all your bill payments in a timely manner while keeping you in the loop the entire time. With partnerships with companies like Plooto, and Veem, getting vendors and suppliers paid is a breeze.
Accounts Receivable
Stay on top of who owes you.
Too busy working and falling behind on your invoicing and collections from your customers? We’re here to help! Centrosome Inc. can invoice all of your customers and even help you collect those invoices that are past due.
Budget Preparation
Financial Planning is key.
Full financial responsibility cannot be achieved without a working budget. Budgeting helps companies plan, prioritize, and limit spending. Planning and monitoring your budget allow you to adapt quickly as your financial situation changes and helps keep you on track to achieve your financial goals.
Cash Flow Analysis
Understand your numbers.
Showing a profit but still find yourself strapped for cash? Not sure if you are going to make payroll this week? Want to buy a new truck but not sure you can afford it?Using your current bookkeeping data and tools like HELM and Syft analytics, we can help you identify and optimize how money moves in and out of your company and when to make those key purchases.
Receipt Automation
No more lost receipts at tax time!
Stuffing your wallet or piles of receipts overwhelming your desk? Join us in the cloud! Tools such as Dext (formerly Receipt Bank) and Hubdoc will make your paperwork a breeze! Let us show you how to manage your receipts, the right way, using mostly your phone.
Document Storage
Paperwork – Organized!
Forget about chasing documents & manual data entry. We have partnered with Dext (formerly Receipt Bank) and Hubdoc to automate the retrieval and storage of your key financial documents in one place. For larger and non-accounting related files, we look to Google Drive and Dropbox as secure and efficient ways of store your data.
Quickbooks and Xero Setup & Training
Understanding cloud accounting.
Have the time to do your own books but don’t know where to start? We are certified in Quickbooks Online and Xero and can not only set you up, but we can also train you how to perform the day to day tasks. If you need a little more help, well we can do that too.
