Bookkeeping for Small-to-Medium
Accounting (Sage 50)
Real estate investment property management bookkeeping
Cloud based software: Quickbooks, Wave accounting, Kashoo and freshbooks
One service solution will not fit all business needs. Our bookkeeping services are customized to your goals and parameters.
Our firm recognizes that the variety of backgrounds present among small-medium business owners and professionals is as diverse as the operations themselves and that one service solution will not fit all business needs. Our lineup includes:
Set-up chart of accounts
General ledger entries
Credit card reconciliation
Reconcile unbalanced books
Catch up and periodic bookkeeping
Traditional bookkeeping software: Quickbooks, Simply
In office and online bookkeeping
Payroll and bill payment
Preparation of HST returns
Financial Reports: Balance sheet, Income Statement
Full Range of Bookkeeping Capabilities
Work with Beck to align your current tax liabilities with your goals.
With every tax plan our goal is to balance the taxpayer’s desire to pay less tax and our responsibility to satisfy all levels of government with tax filing, documents and payments. This is done while endeavouring to present a clear path through what can be a stressful component of financial reporting. We strive to make the tax planning process as straightforward as possible and reduce the complicated elements to achieve a clearly segmented understandable tax plan.
Our Lineup of Bookeeping
Services in Ottawa
We offer bookkeeping in Ottawa for a variety of firms and organizations. Check out our core bookkeeping services below.
Monthly Bookkeeping: drop-off and limited pick-up/on site services available on a fixed or floating schedule.
Payroll services: Bi-weekly and monthly schedules available.
Payroll services: Completion of annual T4 and T4 Summary.
Quarterly bookkeeping: Not every business needs their bookkeeping maintained on a monthly basis.
Structure of Service
This structure was designed to assist business owners with only the areas that add cost effective value and allow for owner input and retain oversight on the areas that make sense to keep in-house.
We are flexible in our approach so that we only assume responsibility for the elements where an external solution makes sense.
Special Project Bookkeeping
Special project bookkeeping: Sometimes set up / catch up bookkeeping is needed for a variety of reasons.
Our team will work with those who have fallen behind to produce a set of records to get caught up and on track with regular bookkeeping services.
This often is an involved process with the owner to ensure any assumptions in the process, particularly when proper receipts are no loner available are reasonable.
Frequently Asked Questions
Here are some of the most commonly asked questions we get about bookkeeping.
What’s the difference between bookkeeping and accounting?
While bookkeeping and accounting go hand in hand, they are not the same thing. Bookkeeping keeps a record of financial transactions, whereas accounting is responsible for analyzing, interpreting and summarizing financial data.
At Beck Ltd., we offer both! We can work on all your accounting needs and keep up with your bookkeeping responsibilities throughout the year.
If you’re interested in working with Beck Ltd. for bookkeeping services in Ottawa, contact us today!
Why is bookkeeping important for small businesses?
There are a few key benefits of bookkeeping for small businesses. Mainly, bookkeeping allows you to keep your books up-to-date which is crucial in cases where your business is audited. Bookkeeping also makes it easier for accountants to analyze and plan financial strategies. As well, it saves time during tax season since everything is updated throughout the year!
Keep your books up-to-date with the help of our experts at Beck Ltd. Contact us today to get started.
When is it time to hire a bookkeeper?
When starting a business, it’s not uncommon for the owners to wear a lot of hats. This often includes taking on the responsibility of bookkeeping. However, there comes a time when your business is growing and it all just becomes a bit too complex for you to handle on your own. When that happens, working with our team at Beck Ltd. will help you get back to the parts of your business that you love the most.
Here are a few signs to look out for that mean it’s time to hire a bookkeeper:
- It’s taking up way too much of your time
- You’re falling behind on bookkeeping responsibilities
- You’re missing or cutting it close around important tax deadlines
- Stress takes over your life around tax season
To get started with our bookkeeping services at Beck Ltd., book a consultation for our services.
Do you offer virtual services?
Yes, we do! At Beck Ltd., we understand how busy it can get when running a business. This is why we gladly offer our services online or in-person. We also have a cloud platform we use to keep track of accounts digitally. This way, you have access to your financial data whenever and wherever you need it.
Contact us to get started with our bookkeeping services in Ottawa and surrounding areas!