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.

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Payroll Processing

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Accounts Receivable

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Accounts Payable

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General Ledger Entries

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Monthly bank and credit card reconciliation

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Payroll deductions and remittances

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Preparation of T4 slips

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HST Returns and Remittances

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WSIB return and remittances

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QuickBooks set up and training

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Corporation Tax

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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. 

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Set of up your Chart of Accounts

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Bank / Credit Card Reconciliations

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HST Recording and Remittance

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Payroll Services

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Payroll Filing

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T4 and T5 preparation

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Financial Statements (for your personal records)

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Year End Support

Includes working papers and support for the preparation of your year-end financials

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Data migration from older software applications into QuickBooks Online or any other software

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Set up and training on bookkeeping technologies

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No paper work, paperless bookkeeping

Our Process Explained

In 4 Easy Steps

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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 
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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
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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
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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.

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(416) 890-3539