As the Owner or Manager of a small business, it can be hard to find time to take care of every aspect of your business on your own. Often times a small business can not afford to staff an in-house bookkeeper and as a result financial record keeping is left up to the business owner. With good intentions, bookkeeping often ends up a last minute detail as external daily business tasks, responsibilities to customers and clients can have a shadow effect on the inner workings of a business.
This is where we can help…
With our knowledgeable and experienced accounting staff we can give your financial records the accuracy and attention they require in many of the following areas:
Monthly or Quarterly Data Entry
Balancing debits and credits, allocating of revenue and expenses, amortizing capital assets can all be time consuming and draining to the business owner who’s main business is not spent behind a computer screen crunching numbers on a daily basis. Focus on your business goals and let Bouchard & Company complete your fiscal year end for you by entering your financial information on a quarterly, monthly or yearly term. We will then complete your year end by filing your Corporate Tax return for you.
If you are a small business who’s income is over $30,000 in net sales per year, you are required to apply for a Goods and Service Tax account number. This tax is then charged on all applicable products and services that you sell. Whether you choose to file Quarterly, Monthly or even Yearly, we can assist you by calculating and filing your GST/HST returns for you.
Reported and remitted monthly, the Provincial Sales Tax is charged on all applicable products you sell. Let us help you save time by calculating and remitting your PST forms every month.
Payroll & Source Deductions
Purchasing accounting software as well as payroll updates can be a costly investment. We have a number of staff who are proficient in calculating employee payroll and source deductions remittances, T4 & T4 Summaries to our clients. We handle many monthly, semi-monthly, bi-weekly and weekly payrolls and would be happy to be your choice of payroll service provider.
Records of Employment (ROE)
If your employee has quit, been dismissed, or is need of a leave from work, you are required to fill out and file a Record of Employment on their behalf. This document requires time to complete and must be accurate to the best of your knowledge. Our payroll division can help you by calculating and filing your Records of Employment online, making the process faster and more efficient for you and your employees.
Worker Compensation Board (WCB)
If your business employs full time, part-time, casual or contract workers then you are required by law to register and file regularly with WorksafeBC. The type of work your business conducts will determine the premium rate your business is required to pay. We can accurately assist you with the calculations that are based on your prior years payroll and contractor expenses as well as filing your WCB forms.
Training (Bookkeeping & Software)
For our clients who wish to have their bookkeeping remain in-house, we offer individual training with your bookkeeping staff. Need a bit of assistance in setting up your business using Quickbooks or Simply Accounting? We have a few staff members who are proficient in both of these accounting software. If these programs seem a bit daunting and you don’t have enough data entry to warrant the expense of some of these great accounting programs then let us help you setup an Excel spreadsheet to take control of your business finances. What ever your training need, we are hear to help find the solution that best suites you and your business.
Whether you store your financial records in a shoe box or have a neatly organized system, we have an action plan for you guaranteed to help.