An Accountant You Can Rely On

Having an experienced virtual bookkeeper by your side ensures that your books are maintained and up-to-date. Live QuickBooks Bookkeeping is a popular service amongst busy entrepreneurs and business owners because it eliminates the learning curve of managing a bookkeeping system. At ED Accounting, we have years of experience working with small businesses and are certified Advanced QuickBooks ProAdvisors. We connect with you via video chat and screen share where we answer your questions and guide you through the process.

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Live Bookkeeping  Services

 

With Live Bookkeeping, business owners can continue to be involved with their bookkeeping while saving time and learning valuable steps along the way. We explain where mistakes were made, how to correct them, and what we did differently to pull accurate monthly reports.

How We Can Help

As a business owner, you have a lot on your hands. Keeping your books organized and up-to-date throughout the year can be time-consuming and made more difficult when numbers aren’t accurate. Our Live Bookkeeping includes:

Cleanup

No matter what state your books are in, we will help you clean up and organize your bookkeeping system.

Chart of Accounts Cleanup

An organized chart of accounts ensures transactions are recorded correctly.

Categorizing Transactions

With Live Bookkeeping, we can help you understand how a transaction should be assigned. Recurring transactions can be automated to save time and minimize errors. We answer your questions about special transactions that are challenging to identify and assign.

Account Reconciliation

We make sure your accounts are balanced monthly or quarterly, depending on your preferred time frame. If there is a discrepancy, we go through all of the details to determine where the error is.

Accurate Reporting

The essential financial reports give you a birds-eye view of the financial health of your business, including your cash flow, profit and losses, and balance sheet. Accurate reporting helps you understand where your business currently stands so you can make informed decisions.

Monthly & Quarterly  Cloud Accounting Support

With support from our cloud accounting specialists, your questions are answered, and you can maintain your bookkeeping system with confidence. You can expect:

Personalized advice

While there are many resources and recommendations on some of the best cloud accounting solutions and apps, our advice is tailored to you and your business needs. We’ll help you get your applications up and running smoothly.

An optimized and streamlined system

Cloud-based accounting software with app integration can be a complex process. With our monthly support, we make sure you are getting the most out of your bookkeeping system. If something is not working or you’re spending too much time on one area, our cloud accounting specialists can answer your questions.

Valuable and meaningful insights

We turn your data into meaningful information and offer our insights on potential cost-savings in your business, opportunities for growth, and how we can further simplify, automate, and streamline your bookkeeping and accounting process.

 

What we Do

We Cover an Array of Individual & Corporates Accounting Services

Individual & Corporate Taxes

Our team has the knowledge to help you take advantage of all of the deductions and credits that you and your business are entitled to. We make sure you are legally compliant with reporting, which minimizes issues and can reduce the chance of an audit. Filing taxes can be a point of high stress for businesses. Besides completing tax preparation and filing, we also recommend ways to make tax season simple and organized by maintaining your books throughout the year.

The Industries We Serve

Our business services can benefit a range of people and companies, including:

Online businesses

Self-employed individuals

Freelancers

Entrepreneurs

As long as you have taxes to report, you’re using an accounting system, and you have bookkeeping needs, we can help.

Accounting & Tax Consultation

Many small business owners, freelancers, self-employed individuals, contractors, and startups reach out to me with their questions and for clarity on accounting, finance, and tax. Whether you’re just starting out or running an established business, I aim to provide advice tailored to your unique needs, answer your questions and provide you with advice and guidance. I’ve helped hundreds of clients like you gain a clear understanding of their finances, simplify complex processes, and make confident decisions. My goal is to reduce the stress that often comes with managing business finances, so you can focus on what you do best—growing your business.

  • Personalized Solutions: Each business is unique. I provide custom advice tailored to your specific circumstances.

  • Expert Guidance: As a CFO, I bring years of experience in financial consulting for small/self employed businesses, freelancers, independent contractors, and solopreneurs.

  • Clarity & Simplicity: I try to make complex finance and tax topics easy to understand, so that you feel more informed and empowered.

  • Session Length: Each session is about an hour

  • Session Format: The session is usually conducted via Zoom or if you prefer, by phone.

  • Expert Analysis & Advice: Clarity and concrete solutions to your most pressing financial and tax issues.

  • Tailored Recommendations: A personalized plan that includes next steps and resources.

  • Session Recording & Summary: You’ll receive a recording of our session and a detailed summary.

  • Add-Ons: Ongoing support and services based on your needs.

Bookkeeping ,Payroll & HR 

At ED Accounting, we know the importance of reliable support, government compliance, and ease of use of payroll process for the small business owner. Experts in payroll technology, we provide direct deposit services, online access to important payroll documents, government compliance, and quick access to vital financial reports at an affordable cost.

Get easy payroll outsourcing for small business success. We provide onsite and cloud-based services to fit your needs.

 

  • Direct and accessible. We provide direct deposit for all employees, as well as online access for employees to retain their own pay stubs.
  • Timely tax payment. We pay all payroll taxes in a timely manner via electronic deposit. We also file all quarterly and yearly statements electronically for you, including electronic copies for your files and paper copies for your employees and contractors.
  • Affordable at any size. Our fixed rate services are based on the number of employees you have, regardless of how frequently they are paid (i.e. weekly, biweekly etc.)

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Affordable, Simple & Smart Bookkeeping

As your business grows, keeping track of the numbers becomes more complex. Are your bookkeeping and accounting practices keeping up?

ED Accounting QuickBooks Review is an easy, affordable solution for small businesses who may not be ready to outsource accounting, but desire professional guidance to stay on track. We will review your accounts, transactions, and existing QuickBooks setup and make suggestions for improvement in areas where we see errors or improper use of QuickBooks. We can also identify areas where you may not be utilizing QuickBooks software to the fullest.

Save time, save money, and grow your business with our affordable, flat-fee QuickBooks review!

Benefits of QuickBooks Review

  • Increased efficiency. We review your current bookkeeping workflow and identify where you can make specific improvements for faster, smarter small business accounting.

  • Optimized software. We provide guidance on how to customize your QuickBooks reports and forms, update your preferences, and add important features for improved tracking.

  • Spend a little, save a lot. Our QuickBooks review can help save you time and money by making sure your software and process is working for your business and goals.

Schedule a QuickBooks Review Today!

About Us

Edaccounting the answer for Financial Freedom and Business Growth

As business increases, your responsibilities can quickly multiply. Are you spending too much time stressed out over accounting and finances?

ED Accounting is in the business of helping you achieve more freedom. Our outsourced accounting services free up time for you to focus on growing your business. Our fixed rate accounting services are designed to handle all your daily financial record keeping, accounts payable, accounts receivable, and month-end accounting needs.

Get easy, affordable accounting for small business success. We provide onsite and cloud-based services to fit your needs.

Benefits of Outsourced Bookkeeping

  • Increased efficiency. We perform set-up, training, and maintenance for QuickBooks Online, making sure there is a seamless migration from your current accounting software. Our services include the subscription and all accounting software.

  • Consistent, integrated record-keeping. We use integrated tools with QuickBooks Online to scan, classify, and archive every financial document. No more dealing with messy paper trails!

  • Expert tracking. We reconcile all of your bank/credit card accounts so you always know where your money went.

  • Savvy financial reporting. We prepare all reports, including profit and loss and a balance sheet, so you have the most accurate picture of how your business is doing from a financial standpoint. We’ll also be on hand to help you understand what it all means!

DIY – Do It Yourself Bookkeeping

Sign up for our Annual year-end Income tax filing service to receive a FREE DIY bookkeeping system.

  • Includes QuickBooks Online Subscription (EasyStart)
  • Includes 1-hour onboarding meeting
  • Includes bookkeeping accounts system setup to make it easier for you to do your own record keeping
  • Includes set up of document portal & document scanning procedures
  • Includes a monthly review of your file and provide coding corrections where needed
  • Includes access to training and how-to videos
  • Includes access to payroll spreadsheet to track hours and government source payments

All of the above benefits are FREE when you sign up for our year-end service.

Pricing

  • A basic Proprietorship starts as low as $185.00
  • A basic Corporation starts as low as $885.00

Small Business Accounting Services

Is your business struggling with budget management? Let’s pinpoint those unexpected expenses, whether they stem from phone bills, mailing costs, or supplies. Keep an eye on rising product returns and the cost of goods sold as a percentage of your sales. It’s also crucial to evaluate your income tax obligations.

Balance Sheet

A balance sheet offers a clear snapshot of your business’s financial status at any given moment. It enables you to quickly assess your financial strength and spot trends in your receivables and payables. Are you in a position to expand? Can you comfortably navigate the usual ups and downs of revenue and expenses? This essential document, alongside income statements, is vital for lenders evaluating your creditworthiness.

Maintaining a Clean General Ledger

Your general ledger serves as the foundation of your financial records. Since every transaction flows through it, any discrepancies can disrupt your entire accounting system. We conduct monthly reviews of your ledger to identify issues like double billings and ensure your records remain accurate and up-to-date.

Unlimited Consultations

We are dedicated to helping you fully grasp and leverage your financial information. Our consultations are included in our value packages, so don’t hesitate to reach out whenever you have questions. Your best interests are our priority, and we strive to build lasting relationships with all our clients. Our small business accounting services at ED Accounting could provide the boost you need. To schedule a consultation, please email us at edcomptable@outlook.com.

Financial Consultant, ED Accounting

Tax Expert Consultation Services

Say goodbye to tax season stress! At ED, we make tax time a breeze with our professional tax consultation services tailored specifically for individuals in Quebec. Our dedicated team of experts is here to provide personalized advice and solutions to meet your unique financial needs.

Our One-on-One Individual Tax Consultation includes:

1. Personalized Tax Planning Maximize your refunds and minimize your tax liabilities with our tailored tax planning services. We help you take full advantage of all available deductions and credits, ensuring you get the most out of your return. Wether you are preparing yourself or you want us to prepare for you, we got the answer for all your worries. We can go over your income tax on any kind of software you are using, making sure you are maximizing your result.

2. Hassle-Free Tax Filing Stay compliant with all federal and provincial tax regulations. Our team will handle your tax return preparation and filing, ensuring everything is accurate and on time, so you can enjoy peace of mind.

3. GST/QST Consultations Confused about Goods and Services Tax (GST) and Quebec Sales Tax (QST)? We’ve got you covered! Our experts provide clear guidance on registration, reporting, and remittance to keep you compliant.

4. Tax Credits and Incentives From tuition credits to home renovation incentives, we’ll help you identify and apply for all the tax credits and incentives you’re eligible for, boosting your financial health.

5. CRA and Revenu Québec Representation Facing an audit or tax dispute? Our experienced professionals will represent you in dealings with the Canada Revenue Agency (CRA) and Revenu Québec, ensuring your interests are protected.

6. Estate and Trust Taxation Planning for the future? Get expert advice on estate and trust taxation to ensure your assets are managed and transferred according to your wishes.

7. Retirement Planning Secure your financial future with our strategic retirement planning services. We’ll help you optimize your savings and manage your tax obligations, so you can enjoy a worry-free retirement.

Why Choose Us?

  • Expert Knowledge: Our team stays up-to-date with the latest tax laws and regulations to provide you with the best advice.

  • Tailored Solutions: We offer personalized advice and strategies based on your unique needs.

  • Client-Centric Approach: Your satisfaction and financial success are our top priorities.

  • Confidential and Secure: We ensure the confidentiality and security of your financial information.

Get Started Today!

Ready to make this tax season your easiest yet? Contact us today to schedule your consultation and discover how our expert tax services can benefit you. Let us handle the complexities of tax planning and compliance, so you can focus on what matters most.

Schedule One-on-One Consultation with Us