Supporting a Canadian Business with Ongoing Monthly Bookkeeping

Client

A Canadian owner-managed business that required regular bookkeeping support but did not have an internal accounting employee.

The owner was managing day-to-day operations and was also spending time reviewing transactions, maintaining records, and responding to accounting-related questions.

The Situation

The business needed someone to consistently manage its monthly bookkeeping.

The main challenge was not a large backlog. Instead, the client needed a reliable process to ensure that bookkeeping did not fall behind each month.

The business owner wanted the books maintained regularly and financial information available for discussions with their accountant.

What We Did

We established a monthly workflow based on the client's transaction volume and existing accounting process.

Our ongoing work included:

• Reviewing and categorizing transactions

• Bank reconciliations

• Credit card reconciliations

• Recording business expenses

• Reviewing outstanding items

• Maintaining organized accounting records

• Preparing monthly financial reports

When additional information was required, we maintained a consolidated list of questions for the client.

The Outcome

The client moved from handling bookkeeping on an ad hoc basis to following a more consistent monthly process.

The business owner spent less time dealing with routine bookkeeping questions and had more organized financial information available throughout the year.

Services Provided: Monthly Bookkeeping, Reconciliations, Financial Reporting

Industry: Small Business

Location: Canada