Bookkeeping Services FAQs
Why Outsource Bookkeeping Services in Ottawa?
Outsourcing your bookkeeping services in Ottawa allows you to eliminate the stress and time-consuming burden of managing your financial records. By letting experts handle your bookkeeping, you can focus on growing your business, serving your customers, and making strategic decisions. With professional bookkeeping by CPA Plus, you ensure your financial records are always accurate, up-to-date, and compliant with tax regulations. Whether you’re a small business, a real estate investor, or a rental property manager, outsourcing ensures you have reliable financial data to support your business growth. Request a free quote today to see how we can help your Ottawa-based business.
What is Included in Bookkeeping Services in Ottawa?
We offer comprehensive bookkeeping services in Ottawa, tailored to meet the unique needs of your business. Our services include:
✔ Monthly & Annual Bookkeeping – Regular updates to keep your financial records organized.
✔ Accounts Payable & Receivable Management – Ensuring timely payments and collections.
✔ Bank & Credit Card Reconciliations – Preventing errors and keeping your finances accurate.
✔ Payroll Processing – Managing employee salaries, deductions, and remittances.
✔ GST/HST Filing & Compliance – Ensuring timely tax filing to avoid penalties.
✔ Financial Reporting – Profit & loss statements, balance sheets, and cash flow management.
The right bookkeeping package depends on the size of your business, industry, and the level of support you need. Whether you run a small business in Ottawa, a rental property, or an e-commerce store, we tailor our services to fit your needs. Request a free quote today to find the right bookkeeping plan for your business.
How Much Do Bookkeeping Services Cost in Ottawa?
The cost of bookkeeping services in Ottawa can vary based on your business size and the level of service you require. Typically, bookkeeping rates range from $250 to $1,500+ per month.
Factors influencing the cost include:
✔ Business Size – The number of transactions and financial complexity.
✔ Service Level – Whether you need basic bookkeeping or full financial management.
✔ Industry Type – Different businesses, such as real estate or retail, may require specialized bookkeeping.
At CPA Plus, we offer customized bookkeeping solutions to ensure you’re only paying for the services you need. Contact us today for a free consultation and quote for your Ottawa business.
What’s the best bookkeeping software for Canadian businesses?
For Canadian businesses, QuickBooks is a top choice for bookkeeping, offering robust features tailored to small and medium-sized enterprises. At CPA Plus, we exclusively use QuickBooks for our clients, ensuring seamless financial management, accurate reporting, and efficient tax preparation. Its user-friendly interface and powerful automation make it the ideal solution for business owners looking to streamline their accounting processes.
How often should I reconcile my business accounts?
It’s recommended to reconcile books monthly to prevent fraud, errors, and cash flow issues.
Can I keep digital records for tax purposes in Canada?
Yes! CRA allows digital record-keeping, but you must keep all records for at least six years. Ensure clear scanned copies and proper backups.