You are here

Written by admin Category:

So who is exactly an accountant? As per the Accountants directory it is the person who is practitioner of accounts who is manages and/or discloses the financial information which helps managers, authorities or investors make a decision about allocating their resources – this is the basic idea and the terminology behind the word. We know that different parts of the world have different accounting areas.

One of the things that this definition tells you is that the accountants are responsible for a huge decision regarding the company. This is why their job is of pivotal importance in any financial institution. At 514 accounting, we understand your requirements; we offer the best solutions with regards to your financial decisions.

Accountant directory and your business

Whether you have an ecommerce store or a brick or mortar one, as you expand, so will your finances. It is important to check in with an accountant once in a while as that will help you to sort through your accounts in a much sorted manner. This is what our staff can sort you through. Most of the times, small entrepreneurs are confused about the terminologies in the accountant directory and they run here and there to try to find the right solution when all their problems could be easily overcome with the accountant services.

This is one challenge we don’t want you to face – our team is dedicated and well versed with the different angles of accountantship and having had a long term experience we have our own reputation to live up to. This is why we can ensure that with us, you will get output that is equivalent to your expectation.

Organized accounts” as per accountants directory

One of the prime reasons you are going to want to seek an accountant is because your accounts and transactions are quite large for you to keep a track of. We help you by sorting through your accounts and also keeping an audit if you seek it. However, we charge extra for making audits.

Before you appoint us, you can schedule an appointment with us to get free consultation to get started. You can be the sole regulator of your accounting methods and revenue models. If you need experienced accounting professionals who can do this job for you, then we have a few at hand who can help you with it. You can find the best services with us.

We are Social:

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.

Latest News

As the end of the year draws close all business owners’ start planning to make high profits by maximizing the amount for tax deduction and reducing taxes payable...

You are a business. You, hopefully, exist with the goal of making as much profit as possible. This will involve you looking at ways in which you can maximize profit whilst reducing tax. This means claiming expenses.

One of the most complicated aspects of owning a business is paying a salary to your own self. This requires one to have an extraordinary amount of restraint...

10 Jul 2015

How to Avoid An Audit

No business likes an audit. Not only is it a highly-stressful experience, even if you know you have not committed any sort of fraud, but the whole process will take time away from the running of your business. Of course, some audits can’t be avoided.

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.

Follow us on Facebook

Contact Us

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

 

Get Map