all time accounting
& tax services Inc.

Bookkeeping

All Time Accounting and Tax Services provides comprehensive bookkeeping services to help businesses maintain accurate and organized financial records. Their bookkeeping services may include tasks such as recording financial transactions, reconciling accounts, managing invoices and expenses, and ensuring that all financial data is up to date. These services are essential for businesses to have a clear understanding of their financial health and to meet reporting and compliance requirements.

Business accounting encompasses a wide range of financial activities and services related to the financial management of a business. Some key components of business accounting include: Bookkeeping: Recording and organizing financial transactions, including income, expenses, assets, and liabilities. Financial Statements: Preparation of financial statements like the income statement, balance sheet, and cash flow statement to assess the company's financial health. Budgeting and Forecasting: Creating budgets and financial projections to plan for future expenses and revenue. Accounts Payable: Managing and tracking the money a business owes to suppliers and creditors. Accounts Receivable: Managing and tracking the money owed to the business by customers and clients. Payroll Processing: Handling employee compensation, including salary, taxes, and benefits. Tax Compliance: Ensuring that the business complies with all tax laws and regulations, including income tax, sales tax, and payroll taxes. Financial Analysis: Analyzing financial data to make informed decisions, assess profitability, and identify areas for improvement.

• In-house accounting & bookkeeping
• Bank Reconciliations
• GST Preparation
• Tax Advisory
• Monthly Statement Review
• Payroll management
• Canada & US corporate tax file