First, we start with a one-on-one consultation to get a clear understanding of your business, its current financial standing, and the scope of work needed. Regardless of how many months you’re behind, we’ll work together to bring your books up to date.
Bookkeeper in Toronto
Online Toronto Bookkeeper Services for Small Businesses
No More Messy Books. Accurate Financial Records.
Is your small business or practice actually making money? Can you pay yourself consistently? Are you chronically running short but aren't sure why? Find out what bookkeeping plan is right for you
why work with us?
Why Partner with Blue Keel as Your QuickBooks Bookkeeper?
Get rid of bookkeeping headaches and surprises by hiring our professional Canadian bookkeepers who respond to you quickly and with the respect.
Latest Tools & Technologies
Benefit from our extensive knowledge and utilization of the latest tools and technologies to help with your online bookkeeping services.
Custom Bookkeeping Solutions
Your business is unique, and requires unique solutions. We meet you where you are to help you grow your business the best way you can. As a bookkeeper our goal is to ensure you feel confident in our work and understanding of you and your business.
Responsive & Efficient Bookkeeping Team
We are committed to your financial success and we also understand that you can go to any bookkeeper but you need one that is responsive. Tired of working with a bookkeeper too busy to return your calls and emails? Been burned by a freelancer on Upwork who disappears and then reappears with messy books?
Bookkeeper Pricing Options
Blue Keel has created a simple and user- friendly way in which to engage with us for our bookkeeper services. This allows you to pay for exactly the service you need and within the scope of your business requirements. Our hourly and monthly packages are set up on a month to month basis.
OPTION 1: Cash Basis Bookkeeping/Accounting
Cash Basis bookkeeping or accounting recognizes your revenues and expenses when money is exchanged from A to B
Up to 25 Transactions PLUS 1 ADD-ON
ADD-ON OPTIONS
- Payroll Bookkeeping
- Tracking multiple revenue sources
- Tracking client and employee reimbursements
- Accounting for investments, loans, leases, or credit lines
- Collections for accounts receivable
- Working with your accountant at year end or for audit
OPTION 2: Accrual Basis Bookkeeping/Accounting
Accrual bookkeeping or accounting recognizes revenues and expenses when the transaction happens whether or not cash is exchanged immediately
Bookkeeping Charged Monthly
- Up to 50 Transactions
- Monthly Bookkeeping
- Annual Financial Statements
- Annual Financial Review
- Monthly Bank and Credit Card Reconciliation
- HST Tax Filing
Additional Ancillary benefits
one-time upfront cost $
Clean Up and Catch Up Bookkeeping
Get your books up to date quickly and affordably with our expert bookkeeping services. When you create an account, we’ll provide a personalized quote for our Catch Up and Clean Up services, ensuring your financial records are accurate and organized. Whether you’re months behind or just need to tidy things up, we’ll get everything in perfect shape.
Once your books are up to date, your dedicated online bookkeeper will take over and keep your finances on track with ongoing Monthly Online Bookkeeping services, complete with clear and timely monthly reports. Stay informed and stress-free knowing your books are always in order.
Catch-Up & Clean-Up Frequently Asked Questions
We require the following for you to get started for clean-up or catch-up services:
- Provide us with business electronic transaction and expense access
- Ensure there is no mixing of personal & business expenses
- Ethical business practices.
The time required to update your records depends on the complexity and volume of your financial data. For a small business with fewer transactions, the process typically takes about 1–2 weeks.
For medium to large businesses with more intricate records, especially those with multi-channel sales, it may take up to 3–4 weeks.
Once we review your records, we’ll be able to provide a more accurate and realistic timeline.
We typically offer cash basis for general bookkeeping. This typically depends on ales and the nature of your business needs. We will advise you based on our consultation and understanding of your needs. For eCommerce sellers, typically we offer sales and Cost Of Goods Sold on an accrual basis, but everything else on cash.
Once your books are up to date, if you’re looking for a streamlined approach to managing them moving forward, we can easily transition into our ongoing monthly bookkeeping services.
Our monthly service includes:
- A dedicated team of experienced professionals focused on your financial needs.
- Tax-ready financial statements to ensure a smooth and stress-free tax filing process.
- Timely delivery of updated books by a specified date each month.
- Seamless communication and support .
- Comprehensive monthly reports featuring profit and loss statements, balance sheets, and cash flow reports.
We start by understanding your current online bookkeeping situation and working with you to determine how many months need to be updated. From there, we backdate all your records and provide tax-ready financial reports for every missing month. This includes essential reports like Profit and Loss Statements, Balance Sheets, and Cash Flow Statements. Once your books are fully caught up, we can seamlessly take over your monthly online bookkeeping to ensure you never fall behind again.
We take the time to understand your online business, balance your books, and deliver clear, accurate monthly reports. Each month, you’ll receive a Profit and Loss Statement, Balance Sheet, and Cash Flow Statement. We also offer tailored services like business-specific sales reports, employee payroll reports, accounts payable and accounts receivable management, invoice payments, payroll processing, yearly tax filing, and more. If there’s a service you need that’s not listed here, just get started and let’s discuss how we can help.
Blue Keel Bookkeeping & Accounting Services
Here are the areas that we can be most effective for our clients and potential clients as well as assisting accountants looking for 'back office' support. As a flexible bookkeeper our services extend beyond just plugging-in numbers into their appropriate slots.
Monthly bookkeeping services for all types of business from small to large and start-up to growing. As an experienced bookkeeper we also help you catch up on your historical bookkeeping records and make sure you stay current and compliant.
Outsource your payroll accounting to us. Using the appropriate software like ADP, we're able to efficiently track of important details which include employee hours, pay your staff automatically or schedule payments in order to ensure deadlines are met. In addition, we help simplify the process of changing employee’s personal data and onboarding.
accounts payable & receivable
We help you plan and avoid potential financial mismanagement in terms of money coming in and out of your business. Keeping track of invoices and receipts and fostering good relationships with suppliers and vendors is crucial to a seamless structure and process.
Catch-Up/clean-up bookkeeping
Are you overwhelmed trying to manage the backlog of receipts or transactions you haven't had time to organize? We make it easy for you to do your the catch-up and clean up bookkeeping. It starts with you sending us your documents and we’ll go to work from there. When your books are brought up to date, we’ll give you the accompanying financial reports to allow you to confidently share with your year-end accountant.
quickBooks setup
We help you become efficient with your system of bookkeeping and payroll by setting up QuickBooks for record keeping of transactions and for your payroll. QuickBooks is our preferred cloud software system and you may find that you don't need to outsource to a bookkeeper and prefer to do it yourself so we can help do the initial heavy lifting.
Advisory
We help you understand your numbers and how to effectively and efficiently deploy your resources. beyond just crunching numbers, we help you see the big picture and advise on other areas that might help you complement your business as far as opportunities as well as identifying gaps and vulnerabilities.
Getting Started with Blue Keel Bookkeeping
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Bookkeeper Consultation
During our consultation we'll discuss your business and goals. It will also give us a chance to review your books and do an initial assessment of how things are organized to see if we'll be a fit. This review could include QuickBooks company file and government tax accounts. If this is satisfactory on both ends and depending on whether you're new or have an existing bookkeeping relationship.
Our Bookkeeping Process
Blue Keel works efficiently and quickly so that you can make timely decisions about your business. QuickBooks online bookkeeping services will provide you with a detailed profit & loss statement, as well as a balance sheet at month-end. Included is a dashboard that details your business trends over time of our services as your bookkeeper.
step 1
Initial Assessment
step 2
Data & Information Collection
The next step in our process is collaborating with you to collect the essential financial documents, including receipts, invoices, and bank statements, to build a clear and accurate picture of your finances. There’s no need to worry — our team will support you every step of the way.
step 3
Reconstruction & Reconciliation
Using advanced software like QuickBooks and specialized tools, we carefully reconstruct your financial records and reconcile every transaction. No matter how complex your finances are, we make sure every dollar is accurately accounted for.
step 4
Customized Financial Reports
After balancing your accounts receivable and payable, we’ll deliver detailed monthly financial reports for each month you’ve fallen behind. These reports will provide a clear, actionable view of your financial health.
step 5
Ongoing Advisory Recommendations
Finally, we’ll help you establish a long-term plan by sharing valuable insights and bookkeeping tips to maintain accuracy. If needed, we can smoothly transition into providing ongoing monthly bookkeeping services.
Blue Keel Toronto Bookkeeper Quote
Blue Keel is a highly rated bookkeeping
and accounting firm in Toronto. Answer a few questions about your business so we understand a little bit about you and let you know which bookkeeper plan is the best match for your business needs.
We're a simplified bookkeeper solution that delivers on your needs all in one place
When looking for a bookkeeper near you that does everything from bookkeeping to payroll, to audit preparation and advisory, we provide your business a complete set of financial solutions. Blue Keel helps keep things simple and efficient.
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