Services

We are specializing in small business accounting, bookkeeping and tax services, with over 20 years’ experience.

Your small business will be provided with accurate and timely financial information. Let me manage your day-to-day accounting and bookkeeping while you can manage your business ventures.

Contact us today for a free, no-obligation consultation on 778-846-6417 or sending a message to ibolya@amethystbookkeeping.ca.

Bookkeeping

Bookkeeping includes invoicing customers, creating purchase orders, paying vendors, trucking inventory, reconciling cash and bank accounts, and paying employees.

I will work with you at an hourly rate allowing you to determine how much time organizing documents versus paying for my services works best for you. The more you do to organize the documents the less it will cost you.

My advice is: make notes! ON EVERYTHING! Your cheques have a memo line.  Get into the habit of writing something on it. Every receipt you have is literally worth the GST you paid so treat them as valuable. Don’t count on your memory to know what that receipt or cheque was for. You’re a busy person with lots on your mind. And what if the CRA is asking about it after a couple of years? Will you still remember every detail? Moreover, it would have help my work too, so I’ll spend less time  figuring out what is the best record for a receipt, saving in your fees.

I will take the time to become familiar with the details of your business in order to select the best book-keeping system for you.

You will get accurate and reliable information, with no errors in calculating and reporting your company’s tax obligations.  I will provide the required training for your staff so they spend less time keeping books and more time on producing relevant financial information.

Payroll

Wages and salaries have to be paid on time to maintain your employees’ trust and productivity. Is payroll a lengthy, time-consuming chore for you, using up energy and resources that could be better spent on the company’s core activities? Here I am to take over this task from you.

Personal Tax

Private and public companies are taxed under corporation tax rules. However, taxation of a businesses operating as sole proprietorships and partnerships fall under personal tax regulations. You will have my support in both personal and corporate tax preparation.

Business Start-Up

Starting a business is exhilarating. You have to be sure every effort, no matter how small, is well-planned and flawlessly executed. Before you start laying bricks, you need a solid foundation. The good news is that you don’t have to go at it alone.

Start off your new business venture on sure footing today! “The best time to plant a tree was 20 years ago. The second best time is now.” – Chinese proverb

Cloud Accounting

Using cloud accounting, you are able to see the financial position of your business on a daily basis. Consequently, you are able to monitor your business more efficiently. It gives you all of the information you need to make timely and effective management decisions.

Switching to and using Cloud Accounting

  • Have a reliable internet access to use cloud accounting. If your connection goes down, your account will be inaccessible.
  • Check the included functionality. Your business may need inventory control, job costing, payroll, customer relationship management, etc. Not every cloud accounting offering comes with everything you need. Sometimes you have to pay more than the minimum subscription, or it’s a matter of paying for an add-on. For example, payroll is typically an extra-cost feature.
  • Find out whether you need or not any add-ons. Add-ons are extra pieces of software that extend the functionality of the cloud accounting system. Take care to check how well integrated the two products are – you want to avoid having to enter the same data. For example, you can eliminate the headaches of legal accounting using Clio and QuickBooks Online – from managing funds in trust to client billing, paying employees, filing taxes, and more.
  • Take advantage of bank feeds, they are a big timesaver. Transactions on your bank and card accounts are fed into your accounts, drastically reducing the amount of data.
  • Maintain separate bank and card accounts for your business and personal transactions. Business accounts can be quite inexpensive, and the separation makes it much easier to use bank feeds and automatic allocation.
  • Collaborate online – a core feature of cloud accounting is that you and your bookkeeper and/or accountant have simultaneous access to the same data and therefore have an up-to-date view of the business. Everyone is on the same page, and decisions can be made on the basis of the most current information.

Furthermore, I offer bookkeeping and accounting support to Public Practice firms in Lower Mainland offering mobile and telecommuting/remote bookkeeping services. This helps them to increase their productivity, to reduce their costs, and address conflict of interest rules associated with review and audit engagements by outsourcing the bookkeeping aspects.