What types of bookkeeping services are available in Ottawa, and how can they benefit small businesses?

In Ottawa, bookkeeping services range from basic record-keeping to comprehensive financial management solutions. These services typically include:

General Bookkeeping: Keeping track of daily transactions, reconciling bank statements, and maintaining financial records.
Payroll Services: Managing employee payroll, tax deductions, and filing necessary remittances.

Tax Preparation: Ensuring that businesses are compliant with tax laws and helping with tax filing.

Financial Reporting: Providing monthly, quarterly, or annual financial statements, such as balance sheets and income statements, to give a clear picture of business health.

Accounts Payable/Receivable: Managing invoices, bills, and payments to ensure cash flow is handled efficiently.

GST/HST Filing: Ensuring compliance with Goods and Services Tax or Harmonized Sales Tax requirements.

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