• 83 Calvert Lane, Ilderton, Ontario N0M 2A0

Items offered in our small business setup services:

We will walk you through setting up your new business

You as the entrepreneur want to take your idea to the next level, there are many decisions you will have to make along the way — we’re here to guide you through these decisions.

Choose your business type

We will walk you through the differences to allow you to determine the best fit for your new business

Be compliant with the CRA

We provide you with up-to-date book so that required filing can be done on time

Accounts receivable services include:

Don’t let late payment turn into nonpayment

Invoicing your customers should mean money in the bank, not revenue written off. The longer it takes for a business to collect money on accounts receivable, the less likely the business is to ever collect that debt. This problem grows exponentially over time. With timely accounts receivable management, keep your cash flow healthy and predictable. We’ve got the know-how to get it done.​

Customer follow-up

We have the people, processes, and best practices to monitor receivables, nudge customers when they need it, and improve overall collections.

Time savings

Inputting and issuing invoices and receipts, chasing customers for payment, plus tracking, logging, and updating AR listings is very time-consuming. We’ll prioritize it and get it done.

Reduce days sales outstanding (DSO)

We ensure invoices are going to the right person for approval and follow up with the right person for payment. With our proven process, we can collect your money faster and reduce your number of delinquent customers.

Improve accounts receivable turnover

If you’re looking for funding, it’s crucial to have your accounts receivable turnover ratio be as high as possible. When money is collected on time, you’re in a stronger position with investors and banks.

Accounts payable services include:

Never worry about missed, late, or duplicate payments again

Technology has improved the payables process substantially – ditch the paper receipts, the overflowing filing cabinet, and the constant reminders for making payments throughout the month. Our team of specialists has it under control.

No more stacks of bills on your desk

It’s time to go paperless. To submit and approve invoices, simply take a photo or forward it to an email address. Your invoices, and receipts, will be stored safely and securely in the cloud, so you don’t need to keep paper copies around.

Vendor negotiated terms & discounts

We’ll communicate with vendors so they know when they’ll be paid. Plus, we can work with your vendors to ensure you have the most favourable terms to manage your cash flow and take advantage of early payment discounts.

Leave the manual data entry behind

Once invoices are submitted, smart scanning technology will read and extract the data and post it to your books. We’ll take care of the rest and ensure your AP listings are up to date.

Automated approvals and payments

Payment approvals are automatically routed to the appropriate signing authority. Once approved, we’ll securely pay through your preferred payment method, including EFT transfers, and reconcile the payment.

With our payroll services, you'll get:

Accurate, on-time, hassle-free payroll processing

Say goodbye to your payroll struggles. Hours spent dealing with timesheets, ensuring compliance, and running payroll is time you can never get back. At Sync Bookkeeping, we ensure you’re using the best payroll system for your business and will automate your process to make every payday a piece of cake. 

Bi-weekly or semi-monthly pay runs

Our experienced payroll practitioners ensure accurate and on-time processing – all you need to do is review and approve.

New hires and terminations

Whether it’s onboarding, a departure, or termination, we take care of it. From new employee set up to Record of Employment (ROE) issuance, vacation payouts, and final payments to departing employees.

T4 delivery and tax filings

Never miss a filing deadline again. We manage year-end T4 preparation and delivery to your employees, employer health tax, and work safe premiums. 

Compliance management

From government agencies to union collective agreements, avoiding penalties can be tricky. You can rely on remittances being done in compliance with all stakeholder requirements.

Ready to offload your payroll?

Get your books up-to-date and ready for tax season

Catching up on your bookkeeping can be a nightmare, especially when tax season sneaks up on you. Sleep easy, we can help.

Our Catch-up Bookkeeping Services include:

Stress-free bookkeeping to get you caught up – whether you’re months or years behind

Trying to manage your backlog of transactions can be overwhelming. We make the catch-up process a breeze. Simply send us your documents and we’ll take care of the rest. Once we’ve brought your books up to date, we’ll provide you with the financial reports that you can share with your year-end accountant.services-bookkeeping

Experienced bookkeepers

Our team has the expertise and proven workflows to help you bring your book up-to-date quickly and efficiently. We’ll input your financial transactions, reconcile your accounts, and store your invoices and receipts safely in the cloud. 

Up-to-date books for financing

We provide you with an up-to-date income statement and balance sheet that you can use to apply for bank loans or pitch to investors.

Tax-ready financials

Tax season doesn’t have to be a nightmare. Once your overdue books are current, you’ll have everything you need to work with your year-end accountant for your filing. 

Single project fee

We assess your catch-up bookkeeping needs at the beginning to ensure there are no surprises. No hourly rates or surprise charges – just accurate, reliable delivery. 

Our monthly bookkeeping service includes:

Accurate, stress-free bookkeeping services

Good, reliable bookkeeping talent can be hard to find and retain. That’s where we come in. Sync Bookkeeping we aim to the stress and complexity out of bookkeeping. Time to breathe a sigh of relief.

Proven online bookkeeping processes

We have the workflow down. With streamlined processes customized to fit your needs, we significantly reduce the manual effort on your side, and our experienced bookkeepers take care of the rest. From reconciling accounts to coding unsupported transactions, and sales tax returns, we’ll keep your books up to date and in tip-top shape.

Monthly reports, your way

Balance sheet, income statement, cash flow – we deliver the statements you need to have visibility into how your business is performing. We’ll set up your chart of accounts to represent how you need to see the financial performance of your company, including tracking for subsidies, incentives, or managing multiple locations.

Tax and bank ready financials

Easy year ends are possible when your books are up to date (don’t worry, we can help with overdue books)– you’ll have the financials you need to file your return on time. Looking to raise money or get credit? You’ll be ready for those meetings too.

Easy document sharing and collaboration

We make the process as seamless as possible, leveraging cloud-accounting tools to save time, improve collaboration, store documents, and receipts, and finally say goodbye to cumbersome spreadsheets! 

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