We get numerous questions about how to do the bookkeeping correctly, what needs to be tracked, what can be used as a business expense, how can we make sure we don’t pay tax. My responses are the same to all clients “DO WHAT YOU DO BEST” One of the biggest key factors in businesses not being successful, is that the business owner tries to do everything themselves…….Major Mistake. The best advice that we can give any of our clients is you do what you do best and hire those that are experts in the areas you can't cover. In the long run you will make money and save money by doing what you do well and letting the others do what they do well.
One of the most important functions in business is to keep accurate financial records. We will handle your day to day paperwork, including accounts payable, sending out invoices for completed work or services and most importantly ensure that you understand the current status of your business financially.
CommonCents will assist you as a business owner in understanding the full picture of the business on a daily, weekly or monthly basis depending on your request. We will point out areas of concern making recommendations for the future of the business.
What We Can Help You With:
Accounts Payable & Accounts Receivable
Invoicing and Monthly Account Statements
Payroll - including T4's and ROE's
Remittances - WCB, GST, Source Deduction
Monthly and Yearly Financial Statements
We supply bookkeeping services on Simply Accounting.