Bookkeeping Services

OUR SERVICES

At Red2Black, we can provide you with a full range of bookkeeping services to meet all of your needs. You can pick whatever services are best suited to you, or we can design a bundle of services that is unique for your needs. Services can be provided for an all-inclusive monthly fee, or I can work on an hourly or fixed-price project rate.

Call or email me for a free consultation on how I can best meet your needs, and what the cost would be.

Bookkeeping

Setting up your initial chart of accounts in SAGE/QuickBooks
Entering all financial transactions in a precise and timely manner
Matching invoices to packing slips, to verify that charges are correct
Making all bank deposits (cash and cheques) on a timely basis
Maintaining an accurate, ongoing chequebook balance
Reconciling SAGE/QuickBooks with monthly bank statements
Reconciling charge card deposits and debit card deposits
Reconciling monthly charge card statements to SAGE/QuickBooks
Paying all accounts payable when due, to avoid late payment penalties
Calling delinquent accounts receivables monthly and requesting payment
Printing and mailing monthly accounts receivable statements to vendors
Processing approved write-offs in SAGE/QuickBooks
Providing monthly financial statements: balance sheet and income statement
Providing monthly aged receivables, payables, and budget year-to-date reports
Providing fiscal year-end financial statements and data for your accountant
Responding promptly to emails, phone calls, faxes, or texts during working hours
Above services are provided at a flat monthly rate per month plus GST

Payroll

Calculating vacation, overtime, and statutory holiday pay for all employees
Ensuring all payroll calculations are in accordance with the applicable Labour Code
Calculating all source deductions and remitting to Canada Revenue Agency (CRA)
Answering any questions raised by CRA on source deductions
Providing payroll cheques or direct deposits for all your employees
Providing electronic payroll deposits or emailed pay stubs for each employee
Providing T4s to staff and remitting T4s for all employees to CRA by January 31
Above payroll services are provided at a flat rate per employee, per pay period, plus GST
Records of Employment (ROEs) are provided as required, at a flat rate per ROE

GST

Setting up and maintaining your GST account with Canada Revenue Agency (CRA)
Preparing and filing GST online with CRA on a quarterly basis
Answering any questions raised by CRA on GST submissions
Making any GST adjustments or corrections noted by CRA
All GST services above are provided at a flat rate per filing with CRA plus GST

Tax Preparation

Preparing and filing your personal tax return, if requested
Preparing and filing your corporate tax return, if requested
Answering any questions raised by CRA on your tax returns
Personal tax returns (T4) are prepared for an all-inclusive fee plus GST
Sole Proprietor (T1) tax returns are prepared for an all-inclusive fee plus GST
Corporate tax returns (T2) are prepared for an all-inclusive fee per company plus GST

Prior Year Reconciliation

Setting up your initial chart of accounts in SAGE/QuickBooks
Entering all financial transactions for an entire prior year
Reconciling SAGE/QuickBooks with bank statements for the year
Reconciling charge card deposits and debit card deposits for the year
Reconciling monthly charge card statements to SAGE/QuickBooks
Providing year-end financial statements: balance sheet and income statement
Providing all year-end financial data for your accountant on a memory stick
Responding promptly to emails, phone calls, faxes, or texts during working hours
All services above are provided at a flat monthly rate per year plus GST