FAQ's

What’s the difference between bookkeeping and accounting?

Bookkeeping is the day-to-day recording of your business transactions.  Ie. Entering expenses from receipts or bills and income from invoices. 

Accounting takes that information and turns it into financial statements, reports, and tax returns.

Rather than looking at the year-end to see your company’s results and taxes dues, when it’s too late to make any changes, together both services will provide the information required to keep you informed of the overall health and prosperity of your business. 

Having both on an ongoing basis allows us to jointly monitor your business viability and sustainability, see potential for growth and operational efficiency, as well as resource allocation etc.

Why should I outsource my bookkeeping and accounting?

Outsourcing saves you time, reduces stress, and ensures your numbers are accurate and up to date preventing costly errors.  It also means you can focus on running your business while having the peace of mind that your financials are handled by a knowledgeable professional.

How much does it cost to work with you?

Instead of calling it a ‘cost,’ think of it as an investment in your business success. Various plans are available depending on your needs — whether it’s just bookkeeping, full year-end support, or everything bundled together.

Can you help with both corporate and personal taxes?

Yes. I assist with both business (T2) and personal (T1) tax returns, ensuring everything is filed accurately and on time while maximizing available deductions.

Do you work with cloud accounting software?

Yes! I use tools like QuickBooks Online and cloud-based document sharing so you can access your financials anytime, anywhere.

Can I meet with you in person or is everything online?

I work and provide services predominately online but when requested, especially upon initial startup, I also offer local in-person meetings where possible.

Do you offer monthly payment options?

Yes. Instead of paying a large lump sum at year-end, my plans help you spread your investment over the year with monthly packages that include bookkeeping, tax, and year-end support.

I’m behind on my books - can you help me catch up?

Absolutely. Many new clients come to me with months (or even years) of records to organize. I’ll work with you to get everything up to date so you can move forward with confidence.

Will you remind me of important deadlines?

Yes. I keep track of GST, payroll, and tax filing deadlines so you never have to worry about late penalties.

What industries do you specialize in?

I work primarily with small businesses, trades, and owner-managed companies — but I can adapt my services to many industries.

Do you help with GST, payroll, and CRA filings?

Yes. I can handle GST/HST returns, payroll, T4 slips, and other CRA compliance tasks so everything is filed correctly and on time.

How do we get started?

Simply book a free consultation. We’ll talk about your business, your goals, and how I can best support you. From there, I’ll recommend or customize a service plan tailored to your needs.

Questions?

Connect with Raelle today!