Month End, Year End, Financial Statements

Precision Bookkeeping can make month-end and year-end preparation easy. These services can be provided separately or as part of a bookkeeping package. This would include:

  • reconciling bank accounts, credit cards and loans with their respective statements
  • file and remit HST/GST
  • file and remit WSIB either monthly or quarterly depending on your business requirements
  • make adjusting entries
  • prepare accounts for a new fiscal year
  • work closely with your accountant to provide accurate information for income tax purposes

Financial statements show the profitability and health of your company and are important documents for decision making. Precision Bookkeeping will prepare a balance sheet, income statement and trial balance on a monthly or quarterly basis and also at the end of a fiscal year. Any other reports that you need for information can be provided at your request.

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