Accounting
Build long-term cash flow by keeping your finances in check.
While your business is undergoing daily operations, every ounce of productivity and expenses should be held accounted for. As you navigate through an increasingly complicated and changing global economy, it is important to be sure you are guided through this financial landscape by professionals who have experience and knowledge to lead your company in the right direction when it comes to financial decision making. This is the basis on which Corp360 was built and continues to be the benchmark of all future services. We believe it is only through organization and disciplined decisions that a business can thrive even in the most uncertain economies.
BOOKKEEPING
Bookkeeping is where it starts. It is the backbone of the financial information that a business and its stakeholders rely on to make financials decisions. If the bookkeeping is not adequately prepared, this can result in lost opportunities for tax planning, incorrect tax returns, incorrect business filings, lost money (especially if stakeholders invest their own money into the business and don’t account for it) and unnecessary taxes both at the business/corporate and personal (stakeholder) level.
As a company dedicated to our clients, we can provide you with full-cycle bookkeeping services or provide the necessary training to your in-house staff so that everything is accounted for when tax season approaches, or an audit is necessary.
TAX FILINGS
Businesses are often unaware, and later, overwhelmed by the amount of paperwork it takes to remain compliant. From GST returns and payroll remittances to Worker Compensation compliance, business licenses/taxes and Records of Employment, our advisors are here to ensure that everything that needs to be filed will be filed and that you are aware of your responsibilities.
We will take care of all the reporting, filings, elections and any other paperwork necessary to ensure that your company whether private or public is up to code in the increasingly complex business environment of financial reporting and corporate governance.
PAYROLL
Payroll is the remuneration process for your employees. It is also the system that the Canada Revenue Agency uses to track employment income, not just in your business, but in the Canadian economy. When you set up a payroll program with the CRA, you are immediately required to regularly report on all employment activity in your company. A growing and changing staff increases the paperwork and complicates the reporting even further.
When people are the greatest asset in your company, you want to ensure that your payroll program is properly administered, so that errors are kept to a minimum. At Corp360, not only will we structure your payroll system to your needs, but also manage the reporting and process on an ongoing basis.