Income Tax, Bookkeeping & Accounting Services

Services we provide: Tax:

• Personal tax returns • Self-employed tax returns ; • Corporate Tax Returns.

Business services:

• Business registration (Federal and Ontario corporations) $199 only • HST registration • Payroll registration and services • WSIB registration

Bookkeeping and accounting

• QuickBooks installation and setup. • Setting up the chart of accounts, inventory, non-inventory, service and bundled items. • Setting up fixed asset accounts and tracking accumulated depreciation. • Setting up classes and locations for better tracking of revenues and expenses by customers, classes and locations. • Full cycle accounting. • Day-to-day Bookkeeping/Accounting, entering sales and purchase transactions. • Performing accounts payable functions by matching purchase orders with vendor invoices and paying bills. • Performing accounts receivable functions by invoicing credit customers, receiving payments from customers and applying to corresponding invoices. • Sending reminders of overdue invoices to customers. • Filing HST. • Monthly Bank/Credit Card account reconciliation. • Weekly, bi-weekly, monthly payroll. • journal entries as needed. • Producing financial reports on monthly, quarterly or annual bases depending on customer requirements. • Producing profit and loss reports per customer preference (daily, weekly, monthly, quarterly, annually) • Fiscal year-end book preparation for year-end taxes for filing. • Making year-end adjusting journal entries. • Compilation report on financial statements/notice to reader

Are you tied up in doing too much accounting, calculating sales tax, and trying to match the numbers to reconcile your account? Does this take too much of your valuable time from your passion, from your primary business activity?

Let us help you! We customize our work around the needs of your business by getting to know your company and its specific needs and requirements. We can add value to your operation by taking away the burden of bookkeeping and helping you to focus on growing your business. The result is up-to-date data, compliance with CRA and an organized set of records for better business decision-making. By providing better insight into your financial health, we will help you identify your strengths to use for your advantage and further improve the profitability of your firm, and weaknesses to address issues promptly and take corrective action.

Are you a self-employed or a small to medium-size business owner?

Give us a call and let us show you what difference we can make for you!

Contact: (289) 219-4725 Email: info@vabs.ca Web: www.vabs.ca

Industries served: • Automotive • Construction / Contractors • Engineering • Financial Services • Healthcare • Hotel / Leisure / Hospitality • Import Export • Infrastructure • IT / • Telco / Media • Manufacturing • Professional Services • Retail Supply Chain • Wholesale Distribution • Transport • Utilities