Accounting Bureau

About us

In today’s fast changing world where challenges and opportunities demand new creative thinking on an ongoing basis, businesses are not an exception. Continuous endeavour is required to forecast opportunities, anticipate possible risks and prepare for challenges. We are a group professionals who has passion in taxes and numbers. We came together to form a business that will provide advanced accounting solutions to Canadian small and medium-size businesses, as well as individuals to develop their long-term success. Our team of highly qualified and experienced accountants will provide you with services that assist you in keeping control over your accounting obligations, ensuring compliance across all regulations, standards and reporting requirements applicable in Canada. Providing complete, accurate and reliable accounting service adapted to meet individual needs of each client is our mission. Through personalized service and expert guidance, we aim to simplify complex financial matters, helping businesses achieve their goals and thrive.

Our CORE Values

  • Integrity

    We keep the high standards of ethics and trustworthiness in all our actions

  • Reliability

    We provide consistent services that you can trust

  • Accountability

    We take accountability for our work and we deliver on our promises

  • Loyalty

    We build relationship that’s based on trust and loyalty

  • Commitment

    We demonstrate dedication to meet and exceed our clients’ expectations

  • Consistency

    We ensure uniformity in our processes and outputs for reliableresults

  • Efficiency

    We maximize productivity and efficiency in all our services

  • Simplicity

    We ensure complex financial matters are simplified and understandable for our clients

Services

    Data entry and Bookkeeping

    Bookkeeping is essential to the financial health and success of any business. But in many cases it might be time consuming for any business owner, and falling behind is so easy to do. Our team of experienced bookkeepers will run this fundamental piece of your business, thus saving you time to focus on the other aspects of your business.
    Record transactions: Our clerks will make sure to accurately input financial transactions such as invoices, receipts, and other relevant information into the system. This process is not only essential for record-keeping but also plays an essential role in preparing financial statements, tax returns, and financial analysis reports. By leaving this task with us, you can ensure that your financial data is accurate, and compliant with regulatory standards.

    • Accounts payable

      Paying bills on time keeps suppliers happy, fostering positive supplier relationship. A well-organized AP process is a critical component of a good cash flow management strategy. It ensures that cash outflows are managed effectively to match the timing of cash flows.

    • We will ensure that

      • Vendor invoices are processed on time, so you can avoid late payments and fees
      • Bills are recorded correctly and accurately categorized to track expenses to manage budget

    • Accounts receivable

      A healthy accounts receivable process helps maintain adequate liquidity, enabling the business to meet its short term liabilities and operational expenses. We will perform all the transactions relating to invoicing, including follow- ups on payments and collections on your behalf.

    • We will ensure that

      • Transactions are recorded correctly
      • Ledgers are maintained on an ongoing basis
      • Banks and visa accounts are reconciled on a monthly basis
      • Incoming and outgoing payments are recorded on a timely manner

Accounting and Payroll

    Timely, accurate and reliable services to businesses are important and we recognize that the need of customization our services to meet your specific needs is a must. In Accounting Bureau we perform financial reporting in accordance to both IFRS and ASPE standards. We provide full service accounting where you may have access to your books 24/7.

    Reconciliations

    Reconciliation in accounting refers to the process of comparing two sets of records or financial information, such as bank statements, general ledger accounts or other relevant records, to ensure their accuracy and consistency. The main objective of reconciliation is to identify and resolve any discrepancies between the two sets of records. This helps preserve the integrity of financial statements and identifies errors or fraudulent activities. In Accounting Bureau reconciliations are conducted on a regular basis, monthly or as frequently as necessary based on the volume of transactions. This way we identify and resolve discrepancies quickly, before they can cause problem for your business.

    We will perform

    • Bank and credit card reconciliation
    • Accounts receivable reconciliation
    • Accounts payable reconciliation
    • Intercompany reconciliation
    • Inventory reconciliation
    • GL reconciliation
    • Fixed assets reconciliation
    • Tax reconciliation

    Payroll

    We will take this responsibility off your shoulders and make sure your employee records are in place, your team is paid on time, and employees receive their year-end forms (T4, T4A, etc.) on a timely manner. Also we will make sure your business complies with the legislation by calculating and filing required payroll deductions accordingly. At your preference payroll services may be performed by payroll professionals at Accounting Bureau or we are open to work with the payroll provider you already are using.

    Sales taxes

    Recording, tracking and filing of your GST/HST and PST. Our expertise includes targeting the complexities of various tax systems, such as the Goods and Services Tax (GST), Provincial Sales Tax (PST), and Harmonized Sales Tax (HST) specific to British Columbia. We ensure compliance and optimize tax strategies to benefit our clients' financial health.

    We will also prepare and submit your WorkSafeBC and EHT reports

    • Process payroll
    • Manage employee benefits and deductions
    • Ensure compliance with Employment act

Business advisory services / Comprehensive Business Support Services

Are you just starting or planning to grow your business? Congratulations, you’ve come to the right spot: Starting a new business is not an easy task and it requires detailed planning. We are here to provide you with financial advice and business tools at an early stages and help you bring your business to the next level. By collaborating with you, our professionals will gain deep understanding of your business to better advice you with insightful solutions that aim to transform possible tax challenges into advantages.

We offer a wide range of services to support your business

  • Business Planning and consulting
  • Restructuring
  • Business Registration
  • Intercompany reconciliation
  • Business Permits and Licences
  • Registration with CRA and Financial Institutions
  • Financial and Management Consulting
  • Revenue Optimization
  • Transaction Support

Tax Reporting

Tax services is our main focus and passion

All businesses in Canada are required to file annual return on a yearly basis. This can turn to particularly overwhelming if you don’t keep on top of your tax transactions on a month by month basis. Are you looking to optimize your personal or business taxes and save? Our experienced tax advisors are equipped with deep technical knowledge on a wide range of complex tax matters. They will focus on delivering relevant advice and provide you with tax planning approach to help fulfil your business goal.

Our tax services include

  • Tax planning and compliance
  • Tax reporting and advisory
  • Personal tax returns
  • Corporate tax returns
  • Providing support during Audits and reviews
  • Identifying any risks or opportunities relevant to taxes
  • Acquiring or selling business assets or shares
  • Accessing Government incentives (SRED)

A to Z Service

If you have great idea and want to turn it into a business, chose Accounting Bureau as your long term accounting service provider and we will register and setup your business file for free. Why Choose Accounting Bureau as your Accounting and tax advisor partner? You need your accounting and tax processes to be efficient, scalable and adapted to your business. Our experts can help you reduce costs, manage complexity and mitigate the risk associated with cross-border compliance.

A-Z Service package includes

  • Bookkeeping (Data entry, AP, AR)
  • Accounting (Bank, CC, GL reconciliations, End of Period Adjustments)
  • Payroll (Including remittances, WorkSafeBC, EHT, T4 reports)
  • Tax reporting (T1, T2, GST/HST, PST)
  • Financial reporting (Compilation and Review engagement)
  • Audit and review support
  • Cross border accounting and tax services