We offer small business advice and consultation, tax preparation, government reporting, financial reporting, bookkeeping tutoring (Simply Accounting) and  full service bookkeeping.  Clients can choose to make use of all or some of our services. By offering a full range of services we extend to our clients freedom from paper work that often bogs down business and interferes with what they do best – running their business!!

Accounting Services

Accurate accounting and bookkeeping are the foundation of any successful business and will add greater efficiency and accuracy to your business operations, providing the information you need to manage and make decisions on a daily basis.  Our goal is to provide the tools and ongoing advice you need to ensure your record keeping is suitable to your business needs AND compliant with government requirements.

Bookkeeping

We can provide weekly, monthly, quarterly or annual bookkeeping services custom tailored to your specific needs.  When we provide your bookkeeping service, the cost of preparing your financial statements and corporate tax return is a fixed rate as we do not have to adjust inaccurate or incomplete entries.  Most clients have found that their costs decrease substantially when their bookkeeping, financial statement preparation and corporate tax returns are all outsourced to FCF.

General Ledger & Financial Statement Preparation

We will review your externally prepared financial statements and make any necessary adjustments and reconciliations.

Compilation of Financial Statements

We can assist you in the preparation of financial statements in accordance with professional standards, however will not express an opinion or assurance on the information provided by the management.  The financial statements produced can be a useful tool for management in making financial decisions.  These financial statements would normally be used in income tax preparation.

Tax Services & Government Reporting

We work with you to ensure all your government reporting is government compliant, accurate and completed in a timely manner.  We will actually call to remind you when your claims are due and meet with you when necessary to insure all the requirements are met. 

CRA GST Reporting

Quarterly or annual GST claims, audits and guidance and advice regarding the most appropriate method of reporting GST.

CRA Payroll Reporting

Monthly payroll remittance information, T-slip preparation, payroll setup in your accounting software.

Corporate Income Tax Returns

Preparation of Corporate Income Tax Returns (T2 Federal and AT1 Provincial).

Sole Proprietorships

T1 Tax returns and statements of revenue and expense for sole proprietorship businesses.

Tax Returns for Not-for-Profit & Charitable Organizations

Preparation of income tax returns for Registered Charities and Non-Profit Societies and Corporations.

CRA Scientific Research & Experimental Development Claims 

Preparation of Corporate Income Tax Returns and accompanying SR&ED claims, including consultation for SR&ED Claims.

Training

As Simply Accounting Certified Consultants, we offer Simply Accounting tutoring specific to your own business – either at our office, at your home or at your place of business.  We will also set up your accounting software using Simply Accounting and be available by telephone during business hours for any questions initially and throughout the year.