Cloud Technology

Bookkeeping Cloud Technology

Personal Tax Returns

Bookkeeping On Cloud

Business Development Services provides a comprehensive range of cloud-based accounting and bookkeeping solutions as a complete service firm, tailored to meet your business needs. Transitioning your business operations to a cloud-based accounting system brings about substantial benefits and enhances efficiency.

The integration of cloud accounting and bookkeeping is becoming more prevalent among small businesses. This approach enables small enterprises to tap into advanced technology, contemporary training, and automation advantages that can be challenging and expensive to establish in-house on a smaller level.

Cloud-based accounting systems offer the convenience of accessing your business's financial status from any location, at any time. Additionally, cloud accounting services tailored for small businesses involve proficient remote experts handling accounting and bookkeeping tasks, accessible through online networks. These cloud accounting companies save valuable time for businesses, presenting a budget-friendly solution that enables companies to channel their efforts and resources toward enhancing their operations and emphasizing key strengths. Moreover, cloud accounting guarantees the uniformity of accounting system delivery and financial management maintenance, preventing disparities that might arise from in-house accountants or bookkeepers.

Accounting On Cloud

In today's dynamic and fast-paced landscape, where technology plays an increasingly crucial role, clients require accountants who can adapt and thrive in this evolving environment.

At Business Development Services, we stand as a forward-looking organization that embraces continuous technological innovation, ensuring we remain aligned with the swiftly changing world. Our commitment to progress enables our clients to remotely manage their financial details anytime, anywhere – a pivotal factor in their growth and success. We empower our clients with the financial transparency they need to steer their businesses confidently.

By integrating cutting-edge technology, Business Development Services is dedicated to providing reliable, tailored support that directly addresses your business requirements. We extend our remote accounting and bookkeeping assistance to clients across Canada. With our cloud-based accounting and bookkeeping services, you gain benefits like effortless accessibility, regular data backup, robust security measures, automated financial insights, and more.

At Business Development Services, a team of specialized cloud accounting experts is ready to guide your small business through the transition to cloud accounting software, ensuring you harness its advantages effectively.

Our Services On Cloud Include

Assistance with Payroll:

  • Administering Payroll Software
  • Onboarding New Staff Members
  • Handling Bi-weekly Payroll Periods
  • Documenting Employment Records
  • Managing EHT (Employer Health Tax)
  • Reporting for WSIB (Workplace Safety and Insurance Board)
  • Preparation of T4 Summaries and Employee Slips

Corporate Tax Conformity includes but not limited to:

  • Crafting Notice to Reader Financial Statements
  • Compiling Corporate and Personal Income Tax Filings
  • Generating GST/HST Return Submissions
  • Issuing T4/T5 Slips and Information Returns
  • Providing Support with Canada Revenue Agency Communications and Audits

Bookkeeping:

  • Entering and Reviewing Monthly Data and Transactions
  • Reconciling Monthly Bank Accounts
  • Identifying Monthly Credit Card Expenses
  • Reviewing QuickBooks Online (QBO)
  • Providing General Bookkeeping Assistance
  • Generating Management Reports with Crucial Financial Information
  • Supporting Accounts Payable and Payables Management
  • Managing Invoicing and Accounts Receivable

Consultative Solutions:

  • International Tax Considerations
  • M&A Transactions
  • Business Disposition
  • Revamping and Estate Strategy