Loading

Detail
Niagara Accountant

Tax and Accounting in the Niagara Region

 

if you are looking for a professional to help with Tax and Accounting in Niagara Region.  We are more than happy to help you.  Please give our office a call. We have staff standing by to take your call (289)407-9066   if you have any questions regarding Tax and Accounting please call us at (289)407-9066.

Bookkeeping is the process of recording financial transactions. This is a key part of the accounting process for all businesses. Transactions, which include sales, receipts, purchases, and payments, need to be recorded in order to produce financial reports required to comply with income tax and other regulatory filings. The goal of the bookkeeping function is to produce a trial balance which is then used to produce financial statements. The trial balance accompanied by supporting ledgers can be used for other financial and management reporting. It is important that this process is completed accurately as it builds the foundation for all other work. If you've been having a hard time finding Tax and Accounting in Niagara Region.  you have found it now.

We are the best choice for Tax and Accounting in Niagara Region.  let's get your tax problem solved today and get your business back on track for the Long Haul.  we look forward to helping you and your business or just yourself. let's look at your books and get everything sorted out together.

BookKeeping

Supporting ledgers may be produced for accounts receivable which would allow a business to generate statements for each customer, accounts payable which would create a record of what is owed to each vendor (this should agree to supplier statements), inventory which allows the business to track what is being purchased and what is used/sold.

Periodic reconciliations are performed comparing various accounts to statements such as bank accounts, customer accounts, and supplier accounts. Additionally, inventory ledgers are reconciled to inventory count sheets.

Bookkeeping also includes recording payroll activities. These are transactions involving employees. This is done to produce paystubs and paycheques, prepare payroll remittances, and for preparing tax forms (T4) for employees.

Looking for an accountant near you? You found a great one here!

tax_accounting.html