Accounting and Bookkeeping Services
There is a direct connection between proper bookkeeping, consequently accounting and tax savings. Taxes are calculated on net incomes of a business. When business expenses are ignored or omitted in absence of a proper bookkeeping and there are not professional accountant's in staff to review the financial statements for accuracy, regardless of the size of each individual transactions their accumulated figure over the course of a fiscal period can run into a large amounts which in turn the actual profits appear higher than what they are.
Keeping tracks of your books is time-consuming, expensive, and inefficient for a company who does not outsource this work. Accounting and bookkeeping requires a high degree of organization and time management. Expertise and knowledge in accounting and bookkeeping enables us to deliver these quality professional services effectively and efficiently at a reasonable cost to your business.
Let us help you with your day-to-day bookkeeping and government reporting duties. We can take the place of an employee with our friendly and efficient bookkeeping staff. Well organized and accurate records of your business will help you run more efficiently on a daily basis and be the foundation for success. We can provide payroll services and produce T4s and T5s that conform to CRA requirements.
At Rayan Accounting, we provide a full range of bookkeeping Services as noted below. To find out more information on a specific service, please send us an email or contact us for a complementary consultation.
• Monthly, quarterly and annual bookkeeping
• Posting transactions to the general ledger
• Recording payments in general ledger
• Reconciling bank statement to general ledger
• Remittances (GST/HST, Source Deduction, WSIB and etc.
Professionally compiled financial statements make it easier for you and others to understand what the numbers actually mean in any easy to read format. It is essential for your company to have an accurate and relevant financial statement to make the right business decisions, attract prospective investors and clients, as well as show loaning institutions (banks, etc.) the true viability of your business performance. They’re an integral part of running your business.
We can compile financial statements for your company for many purposes, including:
• For submissions with your company’s corporate tax returns
• Evaluation the financial performance of your business
• Disclosure to the Bank, where your company has a loan
• Disclosure to potential buyers of your business
• Tax Audits
We will organize your balance sheet, income statement, statement of retained earnings, and statement of cash flow and integrate a clean and efficient system. We will provide a reliable, relevant, easy-to-follow and comparable financial statement to clearly outline the company's financial performance.
17075 Leslie Street, Unit 7, Newmarket ON L3Y 8E1
Contact # 905 - 868 - 6950
Official website of Rayan Accounting
and Bookkeeping Services Inc.