"First and foremost, Bookkeeping is a relationship business."
Ben Robinson
QUALITY BOOKKEEPING SERVICES
At Initial Bookkeeping, we believe in fixed-value pricing versus an hourly pricing model. Most business owners are not aware of what goes on behind-the-scenes of their bookkeeping administrations as some tasks take longer than expected depending on the complexity of the transactions. From the client's point of view, all they want to know is whether their problems can be solved within a specific pricing range based on their business needs. Since all businesses have different bookkeeping needs, it will be very challenging to determine the number of hours required to complete their set of books. Charging an hourly rate will make it very difficult for the owner to gauge how much they need to pay every month. Instead, we incorporate a fixed-value pricing model that caters to our client's needs. Various months will require extended hours than others, so regardless of the number of hours devoted each month, our clients will have peace of mind knowing that their book will be completed based on a fixed monthly fee.
ONE TIME SETUP & ADD ON SERVICES
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Accounting Software Setup
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Historical cleanup
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Accounts Receivable (A/R) Management - Invoicing, follow up and collections
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Accounts Payable (A/P) Management - Bills payment
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Sales Tax Compliance (GST/HST/PST)
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Worker Compensation Board (WCB) Filing
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Budget and Forecast
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Custom Reports
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Cloud-Based Accounting Software Training
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Serve as a liaison between the client and their tax accountant
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Internal Control (Finance)
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Tax Preparation - Coming Soon
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Payroll Management - Coming Soon
Get in touch to discuss how my services can work for you.
MONTHLY PACKAGE
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Classify Income and Expense Transactions
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Monthly Bank/Credit Card Reconciliation
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Monthly Financial Statement Reports - Balance Sheet, Income Statements and Statement of Cash Flow
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Unlimited Email Support
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1-Hour Monthly Conference Call
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Cloud-Based Accounting Software Subscription Included - QBO/Xero
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24/7 Secure Access to Financial Records
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Receipt Management Subscription Included