Accounting Services

Correct Accounting Team provides a full range of accounting services for small and medium-sized enterprises in Canada. Our professional accountants can record your day-to-day transactions with high accuracy, handle your bi-weekly/monthly payroll and can compile your quarterly/annual financial statements.

Let us take care of the paperwork so that you can focus on what you love to do, the business. Rest assured, you will get accurate reports of the financial activities and you won’t ever need to worry about your staff receiving their paychecks on time. We care because we know how much effort you put into creating your business.

For any organization, keeping track of income and expenses is vital for running the business smoothly. Daily recording financial transactions, reconciling several bank accounts and credit cards and preparing financial statements can be exhausting. Inaccurate recording of one transaction can falsely represent the whole financials and you don’t want that. We strive to keep your books of accounts up to date so that you always know your business’ financial position. Always make the right business decisions utilizing accurate and reliable financial information provided by our expert accountants. Hire a team of professionals and get:

  • Recording financial transactions
  • Automated bank feeds, bank and credit card reconciliations
  • Invoicing, A/P management, and A/R management
  • Quarterly/Annual Financial Statements
  • Management reports

We provide on-site and remote bookkeeping services. Please send an inquiry now to know more about our packages.

The most valuable resource for every business is its employees. We understand that payroll processing can directly impact workplace productivity and business growth. With ever-changing laws, it becomes pretty tricky for entrepreneurs to keep up with rules relayed to payroll taxes. We provide customizable payroll solutions to assist you in designing efficient and tax-compliant payroll systems. Just outsource your payroll processing to us, and you will never have to worry about timely payment to the employees or complying with local and federal payroll laws.

  • Accurate and efficient payroll processing
  • Customised solutions best suited for your business
  • Mitigate the risk of non-compliance and make sure your employees are paid promptly
  • Access payroll reports from anywhere with the help of cloud-based payroll systems

Contact us today to get the cost-efficient, tax-compliant, hassle-free payroll solution.

Financial Statements are an essential part of business records. In addition to helping you prepare annual taxes, accurately prepared financial statements allow you to understand how well your business is doing and guide you in formulating appropriate strategies to unlock the maximum potential of your business.

Get accurate and reliable financial statements prepared by our professionals. We prepare financials in accordance with the basic principles of accounting.

Disclaimer: Compilation of financial statements is different from audit or review services. Unlike assurance engagement, compilation engagements do not provide any assurance regarding the completeness and accuracy of the financial statements. We prepare financial statements based on the information provided by the clients. We do not check the accuracy of the source data. At the same time, we perform reasonable comparative analysis and present abnormal changes in figures to the client so that their accounting team can investigate the matter. If you are required to present an audited or reviewed report by your bank or government, we can help you connect with a qualified CPA.

Reach out to us to schedule a free consultation.