Accounting and Bookkeeping

Accounting and Bookkeeping Services

CM CPA is your trusted partner in the world of accounting and bookkeeping, offering a comprehensive suite of services tailor-made for small and medium-sized businesses (SMEs) and nonprofit organizations (NPOs). With a steadfast commitment to precision and excellence, we ensure that your financial records are not just compliant but also strategically managed to fuel your success in every facet of your operations.

Full Cycle Bookkeeping

At CM CPA, we understand that accurate and up-to-date financial records are the backbone of any successful business. Our full cycle bookkeeping services cover everything from recording day-to-day transactions to the preparation of financial statements. We meticulously track your financial data, providing you with a clear and real-time picture of your company’s financial health. With our expert team handling your bookkeeping, you can focus on what you do best – growing your business.

Bank Account and Credit Card Reconciliation

Our professionals are adept at reconciling your bank accounts and credit card statements, ensuring that every transaction aligns with your records. This meticulous attention to detail helps identify discrepancies early, preventing potential financial hiccups down the road.

Preparation of Financial Statements

CM CPA takes pride in preparing comprehensive and accurate financial statements tailored to your specific needs. Whether you require monthly, quarterly, or annual statements, our team will ensure that they are prepared in accordance with industry standards and regulations.

Payroll Services

Our payroll experts are here to alleviate that burden, ensuring that your employees are paid accurately and on time. We handle all aspects of payroll, from calculating wages and deductions to preparing payroll reports and tax filings. With CM CPA managing your payroll, you can rest assured that your employees will be happy, and your compliance with payroll tax regulations will be spot on.

HST/GST/PST Filing

Our team specializes in handling HST, GST, and PST filings, ensuring that you meet all tax obligations promptly and accurately. We’ll take care of the paperwork, leaving you with peace of mind and more time to focus on your core business activities.

WCB Returns

Workers’ Compensation Board (WCB) returns require meticulous attention to detail to ensure your employees are protected and your business remains compliant. CM CPA manages WCB returns efficiently, ensuring that all necessary information is reported accurately and submitted on time.

Accounts Payable

Efficient management of accounts payable is vital for maintaining positive supplier relationships and managing your cash flow. CM CPA’s accounts payable services streamline the process, from invoice receipt and verification to payment processing. We ensure that your bills are paid on time and accurately, allowing you to build strong supplier partnerships.

Invoice Processing

Our invoice processing services offer a seamless solution to handle your incoming invoices. We digitize, categorize, and organize your invoices, making them easily accessible and reducing the risk of errors. With CM CPA, you’ll have a well-organized system for managing your payables and a clearer view of your financial obligations.

Not-for-Profit Bookkeeping

Nonprofit organizations have unique financial requirements, including compliance with various reporting regulations. CM CPA specializes in not-for-profit bookkeeping, helping NPOs maintain transparent and accurate financial records. We understand the importance of accountability and fiscal responsibility in the nonprofit sector, and our services reflect this commitment.