Bookkeeping and Business Services
In online bookkeeping (also called virtual bookkeeping or cloud bookkeeping), you and your bookkeeper use cloud-accounting and document management software to create a secure, paperless system. This allows you to exchange receipts and business documents and to collaborate and get financial statements without having to exchange any paper documents.
Online Bookkeeping Services We Offer
Expense and revenue management
Organizing your business expense receipts and invoices.
Accounting system management (journal entries) & reporting
Inputting all your revenue and expenses into the accounting system as individual entries and categorizing them so that you can pull reports. These reports will give insight on your income, expenses and profitability.
Reconciling bank statements and credit card statements against your invoices and expense receipts to ensure completeness and accuracy.
Preparing a year end package for your accountant to enable them to perform an efficient and painless year-end.
Managing your payroll payments and government payroll remittances.
Accounts receivable / Accounts payable
Managing your receivables (generating invoices, managing reminders and receiving payments) and your payables such as bill payments via an online service like Plooto.
Calculation and filing of your business and payroll taxes (including EHT, HST/PST/GST and WSIB).
How Our Services Work
You'll be working with a dedicated bookkeeper. You'll be able to contact them on a schedule that you agree on.
Correspondence between you and the bookkeeper will be primarily done via email, but you can also arrange to set up calls or web meetings.
Dext is the preferred way for you and your bookkeeper to share the documents (for security reasons). Dext serves as the central database for the bookkeeping process. Dext extracts data from your receipts and organize it for faster processing into your accounting software. Dext has built-in messaging so our bookkeepers can ask you for clarifications about receipts, without cluttering up your email.
We use bookkeeping management software called Financial Cents to manage our workflow and reminders and it has a clever feature that enables us to send you a list of documents we need and it reminds you until you check them all off. Our clients love how it puts all the requests in one list for them.
We make getting started with us is easy.
We like to start with a virtual kickoff meeting using Zoom, a web-based meeting tool.
We’ll then talk to you about your current bookkeeping setup, and we’ll try to create a solution specific to your needs and desires.
You’ll have to complete some setup tasks and provide us with the necessary information, and then we’ll handle the rest of the process.
For more details please see What To Expect As A New Client Of Back Office Stars – Our Onboarding Process
Sectors We Service
We focus on serving the following sectors and types of business: