Bookkeeping Services for Small Businesses

As a Toronto bookkeeper, Blue Keel bookkeeping and accounting works through and helps you process, monthly, invoices/receipts, bank and credit card reconciliations. We also deliver financial reports on a monthly basis at our check-ins. Blue Keel bookkeeping services ultimately make it easier for you to be compliant with reporting requirements mandated by the CRA.

Catch-up: This is where you might need a little help getting everything caught-up. When it comes to catch-up bookkeeping, this typically happens when you haven’t found opportunity to sort out your expenses etc. as your and work gets more. You typically haven't done bookkeeping the last 12 months to seek out catch-up bookkeeping.

Clean-up: When it comes to clean-up bookkeeping services this is typically for those who haven't done their bookkeeping or worked with bookkeeper near you for more than 12 months. For example you might have missed year-end filings with the CRA in addition to missed tax return filings like GST and HST.

As a business your goal is to keep the accounts payable low and your receivables high, meaning maximum sales. Bookkeeping for accounts payable is an expertise of Blue Keel. We allocate and input your invoices and receipts from vendors, organizing payments and updating your accounts payable directory with accurate data with the goal of providing accurate and timely visibility to your cash flow. As you review your accounts payable it will give you a clear picture of where your money is going.

Whilst your preference might be to get cash right away for your business, most businesses find themselves in a situation where money is owed to their company. This is an asset to your business. Accounts receivable bookkeeping ensures that your records are kept accurate. In order to ensure this, Blue Keel as your professional bookkeeper, tracks the receivables. We input invoices and receipts into an online accounting system. In addition we send invoices and reminders to customers as well as following up on outstanding invoices.

When you reach out to Blue Keel for our outsourced payroll management service, we take care of all your financial information, providing all the required payroll bookkeeping services required to simplify the entire process. For most of our clients we use cloud accounting software like ADP allowing you to check your data whenever you need to. We are also able to carry out needed tax calculations quickly by avoiding error prone  manual processes. We also assist with HR processes and time-tracking to help remove the manual data entry to submitting tax forms and payments.