Bookkeeping
Outline Unicorn is a bookkeeping service made specifically for small and medium-sized businesses. Not only do we offer bookkeeping services, but we also go a step further by making your financials ready for income tax filing where you do not need to hire an accountant to do this job.
This means that we are not just punching numbers! We analyze numbers and find the right categories for them and flag errors so you can know what is the situation in your business.
We also make sure that you have a solid base to build on and line up your transactions and open an easier way for the accountant who will review and arrange your financial statements.
We work on Clear, Concise, and Accurate recording where you don’t have to worry about audits from CRA or any misstatement in the financials.
Some of the main features about bookkeeping are:
- Banks and credit cards reconciliation
- Preparation of Gst/Hst returns, WSIB, and payroll remittances
- Accounts receivable management and collections entries
- Accounts payable management and payments entries
- Apps and software integrations with a one-time setup fee
Bookkeeping
Select a package that meets your needs and budget— you can upgrade or downgrade at any time. We set up QuickBooks and your chart of accounts and secure your documents on the cloud. Your accountant will also get access to your books.
We assess your business and help in integrating and collaborating with your processes. We also help you migrate your data smoothly to our system and make sure you are not losing any data.
Moreover, our team aids in automating accounts payable and receivable to get better cash flow management. We keep you up to date in your records to get on-the-spot results for better decision-making.
The best part? We can customize your workflow with ours to make it easier for both of us.
You get access to reports and tools where you can manage your hours or expenses on your phone or tablet. You will also get a complete set of management reports or financials after we close the books for a certain period.
All financial reports will be customized, including profit and loss, balance sheet, cash flow, accounts payable/receivable aging, and job costing.
We do a multi-function job by reviewing our work and records so you can sit back, relax, and be worry-free.
