New businesses and startups
Establish QuickBooks Online, a practical chart of accounts, opening information and a repeatable bookkeeping routine from the beginning.
SMALL BUSINESS BOOKKEEPING · TORONTO & GTA
Stay on top of your books with dependable monthly bookkeeping, catch-up, clean-up and reconciliation support. Simplide keeps your financial records organized and up to date, with clear communication when something needs your attention.
BOOKKEEPING FOR TORONTO SMALL BUSINESSES
Whether you are setting up your first bookkeeping system, managing a growing number of transactions or trying to bring overdue records under control, Simplide provides practical bookkeeping support for Toronto and GTA business owners.
Establish QuickBooks Online, a practical chart of accounts, opening information and a repeatable bookkeeping routine from the beginning.
Keep client income, operating expenses, invoices, bank activity and business records organized for regular review.
Organize customer payments, supplier costs, credit-card activity and supporting records as projects and transaction volume grow.
Maintain clearer records for sales deposits, processing fees, operating expenses and reconciliations across the systems included in the agreed scope.
Create a dependable process for gathering documents, answering bookkeeping questions and keeping responsibilities visible.
Keep bookkeeping records current, reconciled and organized for a smoother hand-off to your accountant or tax professional.
Serving small businesses across Toronto and the Greater Toronto Area, with remote bookkeeping support available where appropriate.
Discuss Your BookkeepingCORE BOOKKEEPING SERVICES
Choose the support that fits where your business is today—from a clean initial setup to dependable monthly maintenance.
Transaction categorization, routine record maintenance and keeping your books current throughout each service period.
Behind on your bookkeeping?
Bring overdue months or periods up to date through an organized, period-by-period process.
Not confident your existing books are accurate?
Review existing books and correct classifications, duplicates, missing transactions and reconciliation issues.
Starting a new business?
Set up the chart of accounts, opening balances, bookkeeping system and a practical structure for a new business.
Match bookkeeping records to statements and investigate discrepancies that require clarification or correction.
Prepare organized, reconciled books and supporting records for your accountant or tax professional.
WHO THIS HELPS
For owners who need a dependable bookkeeping system as transactions and responsibilities increase.
For businesses that need help catching up on overdue bookkeeping or organizing incomplete financial records.
For decision-makers who want to understand where money is coming from and where it is going.
For businesses that want organized, reconciled and up-to-date books to support a smoother year-end process.
WHAT SIMPLIDE DOES
Categorize and organize business income and expenses so your transactions are recorded consistently and your books stay current.
Reconcile bookkeeping records with bank and credit-card statements to identify missing, duplicated or unmatched transactions and other differences.
Bring overdue bookkeeping up to date or review and correct existing records that are incomplete, inconsistent or unreconciled.
Prepare clear bookkeeping reports, including Profit & Loss and Balance Sheet reports where applicable, and highlight items that may need your attention.
Bookkeeping services do not include audit, assurance, legal advice or individualized tax advice. Any additional accounting or tax-related services offered by Simplide are separately scoped based on the service requested.
HOW IT WORKS
We learn how your records are maintained, what tools you use and where support is needed.
You securely provide the agreed records, statements and supporting documents.
We organize the records, review inconsistencies and ask clear follow-up questions.
You receive an organized result and a practical routine for the next bookkeeping period.
COMMON QUESTIONS
Yes. We provide catch-up bookkeeping for businesses that have fallen behind. We first review your existing records, determine what periods are outstanding and identify missing or unreconciled items. We can then bring the agreed periods up to date and help establish a more consistent bookkeeping routine going forward.
Yes. If you already work with an external accountant, CPA or tax professional, Simplide can coordinate with them and provide the bookkeeping records and supporting information they require. If you use Simplide for additional accounting services, we can also provide bookkeeping and accounting support within the agreed scope of service.
Most ongoing bookkeeping is completed monthly, but the right schedule depends on your transaction volume, number of accounts and reporting needs. Businesses with higher activity may require more frequent support, while catch-up and clean-up bookkeeping can be completed as separate projects. We will recommend a practical schedule after reviewing your business.
Catch-up bookkeeping is for businesses with bookkeeping that has not been completed for previous months or periods. Clean-up bookkeeping is for records that have already been entered but may contain errors, inconsistencies or unreconciled accounts. In some cases, a business may need both. We can review your records first and determine what work is required.
Yes. We can help new businesses establish an organized bookkeeping system, including the chart of accounts, opening information, bank and credit-card connections and a practical process for maintaining financial records. If you are using QuickBooks Online, we can also help organize the bookkeeping setup around your business needs.
We primarily support cloud-based bookkeeping systems such as QuickBooks Online and can review other accounting software depending on your existing setup. If you are starting from scratch or considering a change, we can discuss a practical system for your business during the consultation.
The information required depends on your business and the work being completed. It may include bank and credit-card statements, sales and expense records, invoices, receipts, loan information, payroll records and access to your bookkeeping software. We provide a clear checklist so you know what is needed before the work begins.
We keep your bookkeeping records organized and reconciled, review outstanding items and help ensure the available supporting information is properly maintained. This creates a cleaner year-end process and supports financial reporting and tax preparation. If you work with an external accountant or tax professional, we can also provide the organized bookkeeping information they require.
No. Simplide serves businesses across Toronto and the GTA and can also provide remote bookkeeping support to businesses in other locations where the service can be delivered appropriately through cloud-based systems and secure document sharing.
Yes. Simplide provides bookkeeping support to small businesses across Toronto and the GTA, with remote service available where appropriate. Your consultation is used to confirm the business type, transaction volume, accounts, software, current condition of the books and the most practical service schedule.
We keep your books organized, reconciled and up to date throughout the year, helping support accurate financial reporting and a smoother year-end process. If you work with an external accountant or tax professional, we can also provide the organized bookkeeping information they need.
READY WHEN YOU ARE
Tell us what you need and we’ll explain how Simplide may be able to help.