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When starting up, there are many legitimate and vital aspects of business that most of the startups forget to pay attention to. One such aspect is hiring the right kind of accountant professional or the book keeping professional. Our Professional accountants not only keep a record of your business transactions but also help you develop a strategic approach towards developing a business plan and also giving you professional advice on making investments.

Never do bookkeeping on your own

As a small business owner you might be thinking it could be easier to handle business accounts using accounting software, all by yourself. But, this is one of the mistakes most of the small businesses and start ups make. It is most profitable to hire accountant professionals like us, who will provide you many services like, maintaining your companies accounts, managing sales tax and professional tax, giving you advice on how to save tax and any other financial advice. We always fit into the wavelength of our clients. Whether you are a small, medium size, or a corporate business, we give due importance and provide top notch services to businesses of all sizes.

Delegate financial work

Professional accountants like us will help you keep all of the financial transactions right on track. There are different metrics of a business that can be measured when you hire professional accounts and certified accountants like us. You can keep a tab of profits and losses made, maintain a payroll system, get complete information about the salaries of your employees, and also get a graph of financial ratios and changes that happen over time when you hire our services. This can provide you an insight into business processes that are giving you profits and those which are giving you losses. This way you can increase your profits and cut down on your losses with our assistance.

Get financial situation at a glance

Our certified accountant and accountant professionals use software to record each and every transaction of the business, and you will be able to get the financial situation of your company at a glance at any point of time. You can also keep a tab on the cash flow and use the advice and guidance of our certified accountants to create a financial strategy for your business. It is impossible to see growth or handle your business professionally without the assistance of accountants like us.

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F.A.Q

Gross sales are defined as the sales / revenues including taxes (GST, HST, and QST). When we remove the sales tax from the sales / revenues that is called net sales.
Long Term debt is any loans, liabilities or financial obligations lasting over one year. These amounts will not become due within one year of the balance sheet date. They will be capitalized on the balance sheet.
The governement provides a six month grace period to submit your incorporation taxes and registered company taxes, so for example if your year end is December 31st, you have till June 30th to submit your taxes.
Personal taxes are due by April 30th.

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About Us

Since 2004, 514 Accounting has provided start-ups, small and medium sized businesses all over Montreal, Quebec and Ontario with affordable, reliable, and professional accounting and consulting services.

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  •   info (@) 514accounting.com
  •   +514.712.3851
  •   +514.637.2019
  •   14B Rue Quinn DDO, Montreal, Quebec, H9B 1K6

 

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