Find quick answers to the most frequently asked questions about our accounting, bookkeeping, and tax preparation services. Whether you're a small business owner or an individual, this FAQ will help you better understand how we can support your financial goals.
Our monthly accounting process starts with receiving your source documents. Our staff compiles the information and reports back to you with the following to help you take back control of your finances:
• Make monthly profit and loss statements
• Make monthly balance sheets
• Perform regular account reconciliation
• Offer advice based on your financial statements, tax planning, and your business’s situation
We also include the following services:
• Business tax work•d
• Sales tax filings
• T4, T5, T4A slips•
• Audit representation
Trust your gut. If you’re already thinking about leaving your current accounting firm, then you’re ready to move on. Don’t Let These Fears Below Hold You Back:
• What if I’m making the wrong decision?
• I’ve got too much going on right now.
• I don’t want a new accountant to know that my books are a mess or my taxes have fallen behind.
• I can’t afford a different level of service.
Don’t forget the necessary steps to move forward once you make your decision. If you’d like, we can help you with the process.
3 Steps to Change Accounting Firms:
• Find a new accounting firm.
• Inform your current accounting firm.
• Set goals with your new accounting firm.
We primarily use two systems: Xero and QuickBooks Online. That being said, we will work with other systems depending on your preferences and needs.
However, depending on the software you use, your subscription fee may be included in your monthly accounting fee.
We will set you up on Hubdoc (secured and encrypted portal) to collect all your bills, invoices and bank statements.
But, if you are located near the Outaouais region, we have someone picking your hard copy folders with all of your business documents.
We use a considerable number of apps and tools; we typically assess your situation and recommend various tools in our scoping process but we could work with any online tool or app. But, if you are located near the Outaouais region, we have someone picking your hard copy folders with all of your business documents.
Taxlogist is a Canadian remote accounting firm. We provide a verity of accounting, bookkeeping. tax, Payroll advising and CFO services to companies across all of Canada.
We have the right experience to help you fill any gap in your back office, we respond quickly, we do great quality work and we customize our workflows to fit to how you run your business. We are here to save you time and take your business to the next level and minimize your overall tax consequence.
We are a fully remote accounting firm which means we work in all Canadian cities including Ottawa, Gatineau, Montreal, Toronto,Vancouver, Calgary, Edmonton, Quebec, and Winnipeg. We can help you no matter where you are located.
Yes. Audit representation is included in your monthly accounting fee. The only time that we would charge for audit representation is if the audit is for a time period during which you were not our client.
1) We first have an introductory call where we will discuss your current situation, issues, and concerns, we will then discuss your short- and long-term goals as well as the ideal outcomes;
2) We will then do a review of your books to assess the current condition and define the scope of work required to bring you to your ideal outcome;
3) Finally, we will have a follow up call where we will discuss a few ways of working together with prices for each option.
The entire process usually takes about 2-3 business days to fully assess what is best for you and your business although we could usually have some preliminary ideas after the initial call.
We work with many companies of different sizes, different volumes, different workflows, different complexities and as such there is no one price fits all type of solution.We make sure that the solution we present matches your budget and is the best value for you and your specific business.
We use emails. Phone calls, and Zoom video sessions.
Same or next day responses for most smaller issues or an acknowledgment and a timeline for more complex issues.
One of our main company values is to be with you at every step of the way and such, we always prioritize client requests, and we want to get them done right the first time.
Yes. Audit representation is included in your monthly accounting fee. The only time that we would charge for audit representation is if the audit is for a time period during which you were not our client.
