BOOKKEEPING
FUN FACT: Did you know this is the only word in the english language with 3 sets of double letters?
IT IS VERY EASY TO GET INTO BUSINESS. IT IS A WHOLE LOT HARDER TO BUILD YOUR VISION, MANAGE IT AND KEEP YOUR NUMBERS REPORTED. BEFORE THINGS GET TOO CRAZY, LET US GET YOU THE NUMBERS YOU NEED TO RUN YOUR OPERATION PROPERLY.
BOOKKEEPING IS MORE THAN JUST NUMBERS
We regularly hear from business owners that have lost their connection to their internal numbers.
- They claim they are uber-focused on the day-to-day and don’t take the time to review key managements reports.
- The majority of these small business owners don’t get any reports generated until after their year-end. By then it is too late…
- To make money, you need to know how to interpret key management reports on a regular basis.
- Only then you can adjust to capture the maximum benefit from your hard work.
PROFESSIONAL BOOKKEEPING BY COVENTURE
You hire subcontractors to provide you with professional services in other areas of your operation without question. Hiring a professional bookkeeping and accounting service shouldn’t be any different. The foundation of your business management is not the place to scrimp.
Accurate bookkeeping clears the clutter and provides the information that allows you to better manage your business and finances.
However, like any other specialized trade, not all bookkeeping services operate at the same level. And frankly, you get what you pay for.
- Your numbers have to be accurate to withstand the scrutiny of CRA, your lenders, your partners and yourself. This is not the place for cutting corners or suffering inexperience.
- All lending proposals, grant applications and investor summaries require financials that are accurate and professionally presented.
- Our pledge is to provide accurate, timely reports that keep current with your CRA filing compliance periods.
Come on board and let us provide a bookkeeping solution to match the way you operate
We have a number of traditional and cloud based solutions that we can suggest for any budget.
Still want to do it yourself…what is your time worth…?
- Are you willing to spend hours per month uncertain of how to accurately manage books that CRA will eventually audit? We didn’t think so.
- Service your clients, run your business and let COVENTURE take care of the bookkeeping of your going concern.
PAYROLL SERVICES
Congratulations – you are now an employer
You get more done when you hire people to work for you, but you have also taken on a host of new responsibilities which presents a whole new set of challenges to the uninitiated.
- You cannot simply deem everyone who works for you as a subcontractor; there are legislative factors used to determine who is an employee and who is an independent contractor who is self-employed
- Your employees want to get paid, accurately and on-time. They want their vacation pay, general holiday pay, overtime, EI and CPP calculated correctly. They may want benefits.
- CoVenture can service your regular payroll requirements while keeping you focused on how those employees are performing.
- CRA requires you to withhold, contribute, and regularly remit payroll and there are many reporting regulations that must be met. Failure to comply means interest and penalties that can really stack up.
- Directors of a business can be hit with personal liability when operating a Payroll account that becomes is late or remains in arrears, and business operating accounts can be frozen.
Don’t get caught submitting errors on your payroll and triggering undue scrutiny from CRA.
INSULATION FROM A CRA AUDIT
Getting audited is a reality. It is not if you are going to get audited – but when!
Companies that miss filing deadlines are auto-tagged by CRA to send you reminders to file. If these are ignored long enough – the tax man cometh . . . + penalties and interest.
- If you are a quarterly GST filer, then you know CRA isn’t going to wait to red-flag your company when each filing deadline is missed.
- If one account, (GST, PAYROLL, TAX) account is called for review, there is a good chance the other accounts will be as well.
- Getting your year-end tax returns and financial statements completed and filed with CRA on time is critical.
- Banks and other lending institutions also demand that you are timely and accurate with these filings.
Have the confidence to know that your numbers have been carefully and accurately prepared and filed which will protect you in the event of an audit.
Eliminate the STRESS of missing your filing deadlines.
GETTING THE RIGHT BOOKKEEPING SOLUTION
We are proud to be long-time – CERTIFIED QUICKBOOKS ADVISORS.
CoVenture are experts with of the Quickbooks Solutions including the CLOUD BASED – QUICKBOOKS ONLINE.
We will discuss and determine the best and most cost effective solution to keep your bookkeeping current and all required filings getting processed on-time.
Today’s technology has provided us with a number of options when requesting source documentation from our clients.
COVENTURE
Our clients are able to focus on building their businesses with a group of experts that is ready to assist with most of the growing pains.
(All the while not losing time dealing with the bookkeeping, payroll, tax and CRA.)
FOR MORE INFO & YOUR FREE “ACCOUNTING & TAX CHECK-UP”!
($150 VALUE)