Bookkeeping Services
Accurate, Affordable Bookkeeping
At Can4 Tax & Accounting, we provide professional bookkeeping services designed to keep your business finances organized, accurate, and fully CRA-compliant.
Whether you are a startup, growing business, or established organization, our bookkeeping solutions are tailored to your industry and business needs.
We offer both virtual bookkeeping services across Canada and in-person support from our Brampton, Ontario office.
Who Needs Bookkeeping Services?
Sole proprietors & freelancers
Small and medium-sized businesses (SMEs)
Real estate agents and contractors
Retail and e-commerce businesses
Professionals (doctors, consultants, lawyers)
Non-profit organizations
Startups & new business owners
Why Professional Bookkeeping Matters
Saves time and eliminates manual record-keeping
Reduces errors and risk of CRA penalties
Keeps financial records organized and audit-ready
Provides clear insight into cash flow and profitability
Simplifies tax filing and year-end reporting
Our Bookkeeping Process
Consultation
Review your business activities and bookkeeping requirements.
Customized Plan
Select the frequency and level of service that fits your business.
Secure Setup
Set up new bookkeeping systems or clean up existing records.
Ongoing Bookkeeping
Regular updates, reconciliations, and financial reporting.
Tax Coordination
Seamless coordination with our tax team for year-end filing.
Cloud Bookkeeping for Anywhere Access
We specialize in cloud-based bookkeeping, so you can:
View reports anytime from any device
Upload receipts and invoices instantly
Communicate with us through secure portals or email
Never worry about backups — it's all stored securely
Bookkeeping Software We Work With
Bookkeeping Services We Offer
Transaction Recording
We record all your business income and expenses — sales, purchases, bills, and payments — with proper categorization.
Accounts Payable & Receivable
We manage your incoming and outgoing payments, ensuring invoices are sent, bills are paid, and nothing is missed.
Bank & Credit Card Reconciliation
We match your bank and credit card statements with your records to ensure everything balances correctly.
Payroll Processing
We calculate employee wages, deductions, and benefits. We also handle CRA remittances and provide year-end T4s.
Sales Tax (GST/HST/PST) Filing
We track sales tax collected and paid, prepare returns, and file them with the CRA or applicable provincial tax offices.
Financial Reporting
We provide clear monthly and year-end reports: Profit & Loss Statement, Balance Sheet, Cash Flow Statement. This helps you understand your business performance.
Year-End Bookkeeping
We prepare your books for tax season or accountant review — organized, reconciled, and audit-ready.
Catch-Up Bookkeeping
Behind on your books? We'll bring everything up to date — whether it's a few months or a few years.
Budgeting & Cash Flow Tracking
We help you plan ahead by creating budgets and monitoring cash in and out, so you stay financially healthy.
General Ledger Maintenance
We maintain your chart of accounts and ensure every transaction is recorded accurately in the right category.
Cloud Bookkeeping Setup
We set up or manage your accounting software (like QuickBooks Online), and provide ongoing support and training.
Document Organization
We help you organize your receipts, invoices, and statements — physically or digitally — for easy access and peace of mind.
Bookkeeping Consultation
Not sure where to start or how to clean up your books? Our expert consultations are designed to assess your current bookkeeping system, identify gaps, and recommend the best solutions for your business.
Our Bookkeeping Packages
Monthly Bookkeeping Services
Keep your business finances organized and up to date — every month.
When You Need This
- Your business has regular income and expenses
- You need monthly financial updates or reports
- You want to stay compliant with CRA deadlines
- You're growing and need consistent financial oversight
What We Do
- 1Record income and expenses regularly
- 2Reconcile bank and credit card statements
- 3Manage accounts payable & receivable
- 4Prepare monthly GST/HST filings
- 5Process payroll (if needed)
- 6Generate monthly Profit & Loss and Balance Sheet
- 7Offer budgeting and forecasting insights
Benefits
- Always know where your business stands financially
- Spot trends and control cash flow
- Meet CRA deadlines easily
- Make smarter business decisions with current data
- Reduce the risk of fines or audits
Quarterly Bookkeeping Services
Perfect for businesses with moderate or seasonal activity.
When You Need This
- You have fewer monthly transactions
- Your GST/HST filing frequency is quarterly
- You review finances every 3 months
- You're managing a seasonal or part-time business
What We Do
- 1Record and categorize transactions quarterly
- 2Reconcile all accounts
- 3File quarterly GST/HST returns
- 4Prepare quarterly Profit & Loss and Balance Sheet
- 5Provide cash flow reviews and budgeting support
- 6Offer audit preparation if needed
Benefits
- Stay financially informed each quarter
- Stay compliant without overpaying for monthly services
- Make strategic business decisions based on real data
- Avoid tax-time surprises or late filing penalties
Yearly Bookkeeping Services
Wrap up your books and get tax-ready once a year.
When You Need This
- You're a sole proprietor or freelancer
- You only need reports for tax time
- You want an annual review and cleanup
- You handle your own records during the year
What We Do
- 1Review and reconcile your accounts
- 2Organize income, expenses & receipts
- 3File yearly GST/HST returns
- 4Process payroll (if needed)
- 5Prepare year-end financial statements
- 6Assist with tax return preparation (personal or corporate)
- 7Conduct a year-end expense audit
- 8Provide CRA audit support if needed
Benefits
- Simplifies year-end tax filing
- Identifies tax-saving opportunities
- Keeps you CRA compliant
- Gives a full picture of your business performance
Day-to-Day Bookkeeping
The daily engine of your business — we keep the numbers flowing.
When You Need This
- You have high transaction volume
- You want daily financial clarity
- You need accurate records for budgeting, cash flow, or payroll
- You're too busy to manage receipts and invoices
What We Do
- 1Record daily transactions, invoices & expenses
- 2Reconcile all bank and credit card activity
- 3Manage receivables and payables
- 4Process payroll and deductions
- 5Track sales tax and file returns
- 6Generate real-time financial reports
Benefits
- Real-time visibility into your finances
- Avoid cash flow gaps and missed payments
- Keep taxes and payroll on track
- Stay audit-ready and stress-free
- Focus more on running your business
Custom Bookkeeping Solutions
Tailored to your unique industry, goals, and workflows.
When You Need This
- Your business has complex or growing needs
- You want cloud-based and scalable systems
- You operate in a specific industry (e.g. retail, construction, healthcare)
- You need custom reports or multi-platform integration
What We Do
- 1Build a bookkeeping plan just for your business
- 2Integrate with POS, invoicing, or payroll systems
- 3Set up cloud bookkeeping (QuickBooks Online)
- 4Provide detailed custom reports (Cash flow forecasts)
- 5Offer expert guidance and ongoing support
- 6Scale services as your business grows
Benefits
- Save time and money with automation
- Get exactly the support you need
- Make faster, smarter business decisions
- Stay compliant and organized
- Easily adjust services as your business evolves
Catch-Up Bookkeeping
Fallen behind? We'll bring your books back on track.
When You Need This
- You're months or years behind on your bookkeeping
- You're preparing for taxes, audits, or financing
- You're switching bookkeepers or accounting software
- You want a clean slate and fresh start
What We Do
- 1Gather your financial documents
- 2Organize and record past transactions
- 3Reconcile accounts accurately
- 4Enter missing data and fix errors
- 5Update unpaid invoices and payroll info
- 6Ensure CRA tax compliance
- 7Generate backdated reports
- 8Set up a system to stay current moving forward
Benefits
- Relieves stress and reduces last-minute panic
- Helps avoid CRA penalties and fines
- Makes tax filing possible and accurate
- Gives you a clear financial picture
- Prepares you for growth or funding opportunities
Why Choose Us for Bookkeeping?
Accurate & Reliable
We keep your financial records error-free.
Timely Service
Your books are always up to date when you need them.
Compliant
We follow all Canadian tax and accounting rules.
Tailored Solutions
Services designed to fit your unique business needs.
Stress-Free
Let us handle the numbers so you can focus on growing your business.
Affordable Packages
Flexible pricing for businesses of all sizes.
Cloud Technology
Secure, easy access to your financial data anytime, anywhere.
Expert Support
Professional help whenever you need it.
Let us handle the books while you focus on growing your business. Don't wait—start today!
Let's Simplify Your Bookkeeping
We'll take care of the numbers so you can focus on running your business.
Whether you're just starting out or ready to outsource your bookkeeping, Can4 Tax & Accounting is here to provide reliable, professional support every step of the way.
Bookkeeping doesn't have to be a burden — let us handle it, so you can grow with confidence.
Serving all of Canada virtually
|Located in Brampton, ON
Contact us today to get started!
Frequently Asked Questions (FAQs)
What is bookkeeping?
Bookkeeping involves recording, organizing, and managing a business's financial transactions to ensure accurate records for tax filings, financial reporting, and decision-making.
Why is bookkeeping important for my business?
Bookkeeping helps track income and expenses, ensures compliance with tax regulations, improves cash flow management, and provides insights into your business's financial health.
How do I know if I need a bookkeeper?
If you're struggling to manage your finances, missing deadlines, or unsure about your tax obligations, hiring a bookkeeper can save you time and help avoid costly mistakes.
What bookkeeping services do you provide?
We offer: Day-to-day transaction recording, Bank and credit card reconciliations, Payroll processing, Accounts payable and receivable management, Financial reporting and analysis, GST/HST filing, Budgeting and forecasting, Audit support and tax preparation.
Do I need to hire a bookkeeper if I use accounting software?
Yes, while accounting software helps automate tasks, a bookkeeper ensures accurate data entry, reconciliations, and compliance, maximizing the software's potential.
How often should bookkeeping be done?
This depends on your business size and needs. We recommend monthly bookkeeping for most businesses, but we also offer day to day, quarterly and annual services.
What documents do I need to provide for bookkeeping?
Common documents include: Bank and credit card statements, Invoices and receipts, Payroll records, Tax documents (GST/HST, income tax, etc.), Loan and investment statements.
How much does bookkeeping cost?
Pricing varies based on the complexity and frequency of services. We offer competitive rates tailored to your business, with options for day to day, monthly, quarterly, or annual plans.
Can you help me catch up on overdue bookkeeping?
Absolutely! We offer catch-up bookkeeping services to organize your financial records and get your business back on track.
Do you provide virtual bookkeeping services?
Yes, we offer cloud-based bookkeeping solutions, allowing us to serve clients across Canada and ensure real-time access to your financial data.
How do I get started with your bookkeeping services?
Contact us for a free consultation. We'll assess your needs, create a customized plan, and help you transition seamlessly into our services.
What is the difference between bookkeeping and accounting?
Bookkeeping focuses on recording daily financial transactions, while accounting involves interpreting, analyzing, and summarizing financial data to provide insights and support decision-making.
How do you ensure data confidentiality and security?
We prioritize client confidentiality by using secure software, encrypted data transfer methods, and adhering to strict privacy policies to protect sensitive financial information.
Can I outsource only specific bookkeeping tasks?
Yes, our services are customizable. You can choose specific tasks, such as payroll processing, GST/HST filing, or financial reporting, depending on your business needs.
Do you offer bookkeeping services for startups?
Absolutely! We understand the unique challenges of startups and provide tailored services, including expense tracking, budgeting, and financial planning, to support growth.
Do I need to have my books ready for tax preparation?
Accurate and updated books simplify tax preparation, reduce errors, and ensure compliance. If your records are incomplete, we can help organize and prepare them for tax season.
How can I transition to your bookkeeping service if I already have a bookkeeper?
We make the transition seamless by reviewing your current bookkeeping processes, migrating your data, and ensuring minimal disruption to your business operations.
Can you help me choose the right bookkeeping software?
Yes, we assess your business needs and recommend suitable software, such as QuickBooks for your bookkeeping.
What happens if I fall behind on my bookkeeping?
We offer catch-up bookkeeping services to bring your records up to date quickly and efficiently, ensuring compliance and accurate financial reporting.
Do you provide bookkeeping services for non-profit organizations?
Yes, we understand the unique needs of non-profits and can assist with fund tracking, donor reporting, and maintaining compliance with charitable regulations.
Can you help with bookkeeping for multiple locations or branches?
Yes, we offer solutions for businesses with multiple locations, ensuring centralized reporting and streamlined financial management.
How do I prepare for a bookkeeping consultation?
Gather relevant documents, such as bank statements, invoices, receipts, and current financial reports, to help us understand your business and its needs.
Do you offer budgeting and forecasting as part of bookkeeping?
Yes, we can assist with creating budgets and financial forecasts to help you plan for future growth and make informed financial decisions.
How often will I receive financial reports?
You can choose the frequency—monthly, quarterly, or annually—based on your preferences and business requirements.
Can you assist with audits?
Yes, we provide audit support by ensuring your financial records are organized, accurate, and ready for review by auditors or tax authorities.
What is the turnaround time for your services?
Turnaround time depends on the scope of work. We aim to deliver timely and accurate services to meet your deadlines, especially for time-sensitive tasks like tax filing.
Are your bookkeeping services tax-deductible?
Yes, bookkeeping services are often considered a business expense and may be tax-deductible. Consult your accountant or tax advisor for confirmation.
How do you handle GST/HST filings?
We ensure timely and accurate GST/HST filings by tracking taxable transactions, calculating owed amounts, and submitting reports to the CRA on your behalf.
Can you work with international clients or non-residents?
Yes, we have experience with non-residents and international businesses operating in Canada, helping them comply with Canadian bookkeeping and tax regulations.