At VTeam, we understand the complexities of the Canadian business landscape and the specific accounting regulations that need to be followed. Our team of experienced professionals is well-versed in Canadian accounting standards and tax laws, ensuring accurate financial reporting and compliance with regulatory requirements. We offer a wide range of accounting services to support your business, including bookkeeping, payroll processing, tax planning and preparation, financial statement preparation, and more. Whether you are a small start-up, a growing mid-sized company, or an established corporation, our services can be customized to suit your needs.
By outsourcing your accounting tasks to VTeam, you can focus on what you do best – running and growing your business. Our dedicated team will handle the day-to-day accounting tasks, providing you with accurate and timely financial information to make informed business decisions. With our commitment to quality, confidentiality, and customer satisfaction, we have built a strong reputation in the industry.
Bookkeeping Services We Offer to Canadian Businesses
- Accounts Charts Management
- Posting Nominal Ledgers
- AR/AP Reconciliation
- Sales Invoicing and Entering Sales Ledger Documents
- Entering Nominal Expenses
- Bank & Credit Card Reconciliation Preparation
- Month Ends Journals Preparation
- PayPal and eBay Reconciliation
- Preparing Cheque Payments
- Trial Balances Preparation
- Multi-Currency Accounts Management
Management Accounts Services we Offer
- Profit and loss statements
- Balance sheets
- Cash Flows
- Annual budget and forecast
- Variance reports
- Accruals & prepayment schedules
Tax Return Preparation Services
Preparing tax returns can be a complex and time-consuming process, but with our expertise and attention to detail, at VTeam, we specialize in providing comprehensive tax return preparation services for Canadian businesses. We handle all types of tax returns, including corporate tax returns, personal tax returns, and GST/HST returns.
Our tax professionals will work closely with you to gather all the necessary financial information and documents required for your tax filings. We meticulously review your financial records, ensuring that all eligible deductions, credits, and exemptions are considered, maximizing your tax savings while minimizing the risk of errors or omissions. We stay up-to-date with the latest changes in tax laws and regulations, ensuring that your tax returns are compliant with the Canada Revenue Agency (CRA) guidelines. Our thorough approach and attention to detail help mitigate the risk of audits or penalties, providing you with peace of mind.
As part of our tax return preparation services, we also offer tax planning strategies to help you optimize your tax position. By proactively identifying tax-saving opportunities and implementing effective tax strategies, we aim to minimize your tax liabilities and maximize your after-tax profits. Our team is experienced in handling various industry-specific tax considerations and can provide tailored solutions to meet your unique tax needs.