OW Services
20+ Years of Small Canadian Business Bookkeeping
OW Accounting provides a full range of bookkeeping services at competitive prices using professional bookkeeping software.
Payroll Processing
Accounts Receivable
Accounts Payable
General Ledger Entries
Monthly bank and credit card reconciliation
Payroll deductions and remittances
Preparation of T4 slips
HST Returns and Remittances
WSIB return and remittances
QuickBooks set up and training
Corporation Tax
Personal Tax
Our Services
Our Bookkeeping Services
Every single small business needs a bookkeeper.
We have over 20 years of experience delivering high-quality bookkeeping services. Our goal is to make your bookkeeping as simple and as efficient as possible. It’s the 21st century and technological solutions exist to streamline bookkeeping for today’s entrepreneur.
Set of up your Chart of Accounts
Bank / Credit Card Reconciliations
HST Recording and Remittance
Payroll Services
Payroll Filing
T4 and T5 preparation
Financial Statements (for your personal records)
Year End Support
Includes working papers and support for the preparation of your year-end financials
Data migration from older software applications into QuickBooks Online or any other software
Set up and training on bookkeeping technologies
No paper work, paperless bookkeeping
Our Process Explained
In 4 Easy Steps
Step 1: Collecting Important Documents
We collect your receipts and other important documents digitally or in-person. It’s important to deliver all required documents and receipts for maximum efficiency.
- Sales Invoices
- Customer payments
- Bank Deposits
- Payables Invoices
- Cheques
- Cash Receipts
- Visa Receipts
- Debit Receipts
- Bank Statement
- Credit Card
- Any other receipts
Step 2: Review All Documents & Receipts
We analyse, sort and record every single bookkeeping activity of your business. We review every single one of your transactions to ensure maximum accuracy.
- GL entry
- Bank Reconciliation
- Credit Card Reconciliation
- AR, AP Reconciliation
- Payroll Account balancing
- GST/HST account balancing
- Trial Balance
Step 3: Delivery of Documents and Reports
We deliver all of your financial reports and all of your documents filed and organized appropriately. With our financial reports, you can make smart business decisions.
- Reporting – Monthly (By Email)
- Profit & Loss
- Balance Sheet
- Cash Flow Statement
- Accounts Receivable and Payable
Step 4: Filing
We file HST/GST, PAYROLL, INCOME TAX AND OTHER TAXES
- Source Deductions (payroll) remittance – prepare only
- GST/HST return – prepare & eFile
- PST return – prepare & eFile
- WISB return – prepare & eFile
- EHT – prepare & eFile
- T4, T4A & T4 summary
Get In Touch Today
FREE CONSULTATION CALL (416) 890-3539
We are alway ready to help. If you have any questions or need advice, please fill out the form or call us directly.