Have you reached the point where doing your own books takes too much time and takes away from what you should be doing to generate revenue? Are you wanting to free up time that can be spent working on your business, not just in your business? Consider outsourcing your bookkeeping.
Why outsource instead of hiring staff? While the true benefits of hiring versus outsourcing depends on your company’s needs, for the average small business with annual revenues of $100,000 or less, consider:
- The cost of hiring one full-time staff at $30,000 annual salary also has an additional cost of $2,081 in employer CPP and EI premiums, not including any other benefits such as extended medical or parking. You will also have to ensure that taxes are remitted monthly and that WCB premiums are paid on top.
- Hiring staff creates additional burdens: hiring, training, supervising, monitoring, and correcting.
- Hiring staff requires additional resources like office space, furniture and equipment, supplies and parking.
What we provide
By outsourcing your bookkeeping, you get a host of benefits. Sowing Seeds Accounting Services can offer you:
- Data Entry support to make sure that all your transactions for the period has been entered, from your payables to your sales receipts to your asset purchases.
- Bank and credit card statement reconciliation as part of the closing procedures, helping ensure that your books are complete and giving you an ability to forecast potential cash needs in the future.
- Payroll support to help make sure that your payroll goes smoothly and that you save money on penalty fees by remitting payroll taxes on time.
- Accounts payable support to help make sure that all your bills are entered and paid on time, ensuring that you remain in your supplier’s good books and maintain a healthy credit rating.
- GST/HST filing to make sure that all your claimable input tax credits and collected sales taxes are properly posted, reported, and remitted in a timely manner.
How you benefit
You benefit from our competitive rates, varying from monthly fixed fee to hourly rate, customized according to your bookkeeping needs.
Our knowledgeable staff, already trained and properly motivated to ensure that you are satisfied, mean you don’t have to spend time training someone else.
Plus, our money-back guarantee is our assurance that we guarantee our work. We’ll pay you back your fees if you aren’t satisfied.