MS Accounting Services offers a wide range of accounting services that minimize your administrative and financial burden of bookkeeping.

 Off-Site Service

MS Accounting Services can complete your bookkeeping requirements at our office, saving you the cost of accounting software and other office requirements (e.g., computer, desk, office supplies, etc.). Information may be picked up, dropped off or emailed, and stored a secure filing system. This will enable MS Accounting Services to keep your books up to date, and your monthly reporting, accurate and on time. Consider the cost savings of not having to hire and equip an on-site bookkeeper.

On-Site Service

Alternatively, MS Accounting Services can come to your location to complete your bookkeeping on-site. Some clients may prefer this if they already have the accounting program in place; this set-up ensures that all financial information remains in one place. MS Accounting Services offers its clients discounts for QuickBooks and Sage50 bookkeeping software and training.

 Bookkeeping Services

  • Data entry
  • Full Cycle Bookkeeping from beginning to end
  • Account Reconciliations
  • HST, WSIB and EHT Remittances
  • Accounting Software Installation
  • Customize accounting programs to industry specifics
  • Training Available to learn valuable time-saving tips

Accounts Receivable

  • Post Client Invoices
  • Receive payment on Accounts
  • Manage Aging Accounts
  • Monitor Collections

Accounts Payable

  • Post Vendor Invoices
  • Schedule and make payments
  • Print cheques and receive appropriate authorization and/or signatures

Job Costing

  • Projection Allocation Tracking
  • Job Profitability Reports


Payroll Services

MS Accounting Services offers up-to-date tax tables for accurate payroll and remittances processed in a timely manner.

  • Complete Payroll Services
  • Accurate Source Deduction Calculations and Remittances
  • Management of Group Benefit Packages
  • Precise T4's and T4 Summary
  • Record of Employee (ROE) Web Submission as per CRA Regulations
  • Review Payroll Documents From Previous Payroll Companies
  • Training Available to help you get on track and avoid costly CRA penalties


Personal Income Tax Return

MS Accounting Services can maximize your personal income tax return by ensuring your tax situation is fully represented by your return

  • Complete Personal Income Tax
  • Typical and Complex Tax Pricing
  • Take advantage of new tax credits
  • Work with clients to ensure all important documents are kept for tax time
  • Liaise with CRA on your behalf


 Accounting Services

MS Accounting Services offers more advanced bookkeeping depending on the needs of your business

  • Preparation of Year-End Accounting Requirements
  • Work Directly with Your Accountant for Smooth Year-End Completion
  • Entry of Year-End Adjustments
  • Budgeting and Cash Flow Projections
  • Income Statement and Balance Sheet Preparation

 

MS Accounting Services can help you:

  • Save on high year-end costs
  • Clean up your accounting records
  • Set up a new business
  • Ensure nothing is missed and write-offs are maximized
  • Complete payroll accurately and timely
  • Submit remittances (i.e. HST, Payroll, WSIB, and EHT) before due date
  • Comply with CRA regulations
  • Enhance your business organization
  • Remove the stress of maintaining you own financial records
  • Make recommendations to improve accounting procedures