Additional fee may apply based on specific client customizations. See the "Additional Services" section below.
Included in all Virtual Bookkeeping package
Bookkeeping
Monthly transaction reconciliation
Accrual basis accounting
Unlimited transactions
20 connected accounts
STATEMENTS & REPORTS
Monthly reports
Profit & Loss
Balance sheet
Cash flow statement
Sales Tax
Sales tax report preparation (GST/HST/PST/QST)
Filing support
Efficient Systems
Industry leading software
Integration with your tools
Optimized workflow
SUPPORT
Access to dedicated account manager
Unlimited number of questions answered
Income tax ready books
Books organized and ready for your tax preparer
We coordinate with your CPA or accountant
Additional Bookkeeper Services
Onboarding
When you sign up we'll evaluate your existing setup and develop a custom plan to get your business on board. Please get in touch for a free pricing estimate.
Catch Up Bookkeeping
No matter how far behind you are with your books, we’ll get you caught up with our exceptional 100% bookkeeping accuracy and a quick processing time.
Receipt Management
Overflowing with paper receipts? We'll set up and integrate the industry leading solution - Receipt Bank, and provide additional training. Sales tax audit support included.
Payroll
Is your current payroll system proving to be inadequate? We'll set up Wagepoint and onboard your employees. Payroll processing training included.
Business Optimization
Save time and money by using the right tools. We'll get your business set up with payments, invoicing, employee expenses, and time tracking software.
Custom Package
Own more than one business? Your business has more than one location? We'll work with you to create a custom plan for your needs. Get in touch today for a free estimate.
Virtual Bookkeeping Pricing – Questions
How are your services priced?
Our services are priced based on the average monthly expenses of your business. These include payroll, cost of goods sold (COGS) and other business expenses. The owner's draw is excluded from this calculation. In our experience, monthly expenses is a good indicator of the amount of work we can expect to perform every month while having the advantage of being simple to calculate. Your initial bookkeeping package will be determined by averaging the last six months of your business expenses.
Do I have to sign a long term contract?
No. Your subscription will continue until the end of your billing cycle. If you decide not to renew, you can let us know in advance and we’ll stop billing you.
We perform a review every six months. Your monthly bookkeeping package will be adjusted based on your average expenses for the previous six months as per our pricing table.
Will annual pre-payment lock in my price?
Prepaying significantly reduces your costs. It locks in a potentially less expensive bookkeeping package and provides an additional discount over month-to-month pricing.
Do you charge any other fees other than the monthly package price?
Yes, there may be a one-time onboarding fee to get your business set up with the right software and workflows. The fee varies based on the complexity of the setup required for your business. You may also choose to add additional services such as payroll support, receipts management, timesheets, etc. Please contact us for a personalized quote.
Our catch up service is discounted from the regular monthly price of your bookkeeping package. Please contact us for an estimate tailored to your business.
Is there a custom package?
We will tailor a custom package that meets the requirements of your business. Please get in touch today for an estimate.
