Accounting Services
Accounting
Our accounting services take the stress away from your accounting needs. This way you can focus on what you’re best at; running and building a business that consistently expands. We don’t just handle your accounts; we provide the financial data about your company in actionable formats that help you make informed decisions about your expenditure and revenue. Our team at SkySmart Accounting are trained and experienced to take the burden of financial accounting, irrespective of the nature of your business or product; real or intangible, one-man operation or team.
We keep track of all your regulatory compliance deadlines, so you don’t have to incur penalties that affect your business reputation and bottom-line. This way, you won’t get lost in the financial details that come with running a company. You also gain deep insight from your financial data that will in turn lead to better decisions.
Bookkeeping
Our bookkeeping services are suited for start-ups and established companies. Our services take all the disparate financial records pertaining to your business and convert them into actionable information that can help you make informed decisions. Our bookkeeping services cover data entry, audit support, journal entry support, and year end closing, all designed to support growing businesses. We abide strictly with client confidentiality rules, offering the best of bespoke services and consultancy, tailored to suit your needs.
There’s no static moment in finances, so we leverage technology to keep organized and keep track of your growing financial history. With this, you can easily keep track of where you stand at any given point in time. We provide financial statements such as profit and loss, cash flow, balance sheet, accounts payable and receivable, sales by customer & business segment. Our bookkeeping services help entrepreneurs who desire coordination in their business services, without the prohibition that it might come with. We provide the link between your books and your business. Engaging our services saves you the time and personal cost of having to do it yourself.
CFO/Controller Services
Our CFO services offer you the expertise that you desire at a reasonable cost. These services are specially developed to grow the wealth of your company. We’ll conduct strategic analysis and create detailed financial models to match clients’ strategic plan. As part of the service we’ll evaluate financial risks, prepare financial forecasts, financing scenarios and other documents concerning capital management, and write reports and recommendations
Conventionally, a company would hire an in-house CFO. But for growing companies, the cost of maintaining an in-house team might be expensive. That’s where our outsourced CFO/Controller services come in handy. We offer everything an in-house team would do for you at a reasonable cost.
When you engage us on this service, you get a bundle of services that cover bookkeeping and accounting functions. You can focus on growing your company, while we keep track of your finances on your behalf. A CFO service will handle all financial activities for your company such as financial planning, analysis, and cash flow tracking. We have experts on our team that can handle these operations for small businesses. With CFO services, you can bundle with accounting and bookkeeping and get greater value for your money, while you focus on growing your company.
Financial Advisory
As financial advisors, we seek to develop strong partnerships with our clients that allow us to implement strong accounting practices that meet their needs, even before they are aware of them. Each solution is tailor-made to meet the specific circumstances and is quality assured from our team of qualified accountants and financial consultants. Our services as financial advisors range from bookkeeping and core accounting to financial statement preparation, audit readiness, fixed asset management, setting up an account system, business control, budgeting, account reconciliation and clean up, temporary finance management, business intelligence, and IFRS advisory.
Whatever it is your business requires, our financial advisory services at SkySmart Accounting are backed by the requisite skills and expertise to maximise every transaction. Whatever the business dispute or problem, the team at SkySmart Accounting is competent to deliver the best of economic, financial and strategic advice that incubates business growth.
Payroll
Payroll is one of the most routine tasks that can bog down a company, especially as it does not add value to the company in any way. Notwithstanding, it is an essential part of a company that runs smoothly. We can take this off your shoulder so that you can focus on your core competencies and processes that drive your profitability. We ensure that your employees are paid when due. We also ensure to deduct the relevant deductions and remit to the government and its agencies on your behalf.
We’ll work with you to develop a customized payroll outsourcing plan that will align with your talent strategy and help meet your business goals
HST/GST Services
We offer services that help you register and remit HST/GST. Small businesses are required to register for HST or GST once sales crosses the $30,000 mark within 29 days. It’s easy to fall behind when doing this if you don’t have prior experience in this. At SkySmart Accounting, we are competent and experienced to ensure you get registered seamlessly, well within the deadline. If you sell goods and services in Canada, you must charge your customers Goods and Services Tax (GST), or Harmonized Sales Tax (HST), unless your business operations qualify as an exception. Our HST/GST services encompass registration, managing the account, remitting the tax and filing returns.
Tax
SkySmart Accounting is licensed to handle your returns filing. You don’t need to have a physical meeting with us to get started. Our services cover the filing of returns and deductions such as charitable donations, medical receipts, union dues, RRSP contributions, student loan interest, tuition amounts, child care expenses, support payments, pension income, deductions for eligible dependent. We can file taxes on rental property income, self-employed income, GST/HST return, T1 adjustment, notice of assessment copy, pre or post assessment review, RRSP planning, T4 slip review, and disability tax credit application.
We help client who have simple T4, commission salesperson, sole-proprietorship’ , self-employed to get the maximum refund they are entitled to. We also provide advisory service to ready for the new year and plan ahead to maximize refund in the coming years.
We are well abreast of the developments in the global tax scene to help you solve the issues that you might face as you grow and expand your business.
Accounting
Our accounting services take the stress away from your accounting needs. This way you can focus on what you’re best at; running and building a business that consistently expands. We don’t just handle your accounts; we provide the financial data about your company in actionable formats that help you make informed decisions about your expenditure and revenue. Our team at SkySmart Accounting are trained and experienced to take the burden of financial accounting, irrespective of the nature of your business or product; real or intangible, one-man operation or team.
We keep track of all your regulatory compliance deadlines, so you don’t have to incur penalties that affect your business reputation and bottom-line. This way, you won’t get lost in the financial details that come with running a company. You also gain deep insight from your financial data that will in turn lead to better decisions.
Bookkeeping
Our bookkeeping services are suited for start-ups and established companies. Our services take all the disparate financial records pertaining to your business and convert them into actionable information that can help you make informed decisions. Our bookkeeping services cover data entry, audit support, journal entry support, and year end closing, all designed to support growing businesses. We abide strictly with client confidentiality rules, offering the best of bespoke services and consultancy, tailored to suit your needs.
There’s no static moment in finances, so we leverage technology to keep organized and keep track of your growing financial history. With this, you can easily keep track of where you stand at any given point in time. We provide financial statements such as profit and loss, cash flow, balance sheet, accounts payable and receivable, sales by customer & business segment. Our bookkeeping services help entrepreneurs who desire coordination in their business services, without the prohibition that it might come with. We provide the link between your books and your business. Engaging our services saves you the time and personal cost of having to do it yourself.
CFO/Controller Services
Our CFO services offer you the expertise that you desire at a reasonable cost. These services are specially developed to grow the wealth of your company. We’ll conduct strategic analysis and create detailed financial models to match clients’ strategic plan. As part of the service we’ll evaluate financial risks, prepare financial forecasts, financing scenarios and other documents concerning capital management, and write reports and recommendations
Conventionally, a company would hire an in-house CFO. But for growing companies, the cost of maintaining an in-house team might be expensive. That’s where our outsourced CFO/Controller services come in handy. We offer everything an in-house team would do for you at a reasonable cost.
When you engage us on this service, you get a bundle of services that cover bookkeeping and accounting functions. You can focus on growing your company, while we keep track of your finances on your behalf. A CFO service will handle all financial activities for your company such as financial planning, analysis, and cash flow tracking. We have experts on our team that can handle these operations for small businesses. With CFO services, you can bundle with accounting and bookkeeping and get greater value for your money, while you focus on growing your company.
Financial Advisory
As financial advisors, we seek to develop strong partnerships with our clients that allow us to implement strong accounting practices that meet their needs, even before they are aware of them. Each solution is tailor-made to meet the specific circumstances and is quality assured from our team of qualified accountants and financial consultants. Our services as financial advisors range from bookkeeping and core accounting to financial statement preparation, audit readiness, fixed asset management, setting up an account system, business control, budgeting, account reconciliation and clean up, temporary finance management, business intelligence, and IFRS advisory.
Whatever it is your business requires, our financial advisory services at SkySmart Accounting are backed by the requisite skills and expertise to maximise every transaction. Whatever the business dispute or problem, the team at SkySmart Accounting is competent to deliver the best of economic, financial and strategic advice that incubates business growth.
Payroll
Payroll is one of the most routine tasks that can bog down a company, especially as it does not add value to the company in any way. Notwithstanding, it is an essential part of a company that runs smoothly. We can take this off your shoulder so that you can focus on your core competencies and processes that drive your profitability. We ensure that your employees are paid when due. We also ensure to deduct the relevant deductions and remit to the government and its agencies on your behalf.
We’ll work with you to develop a customized payroll outsourcing plan that will align with your talent strategy and help meet your business goals
HST/GST Services
We offer services that help you register and remit HST/GST. Small businesses are required to register for HST or GST once sales cross the $30,000 mark within 29 days. It’s easy to fall behind when doing this if you don’t have prior experience in this. At SkySmart Accounting, we are competent and experienced to ensure you get registered seamlessly, well within the deadline. If you sell goods and services in Canada, you must charge your customers Goods and Services Tax (GST), or Harmonized Sales Tax (HST), unless your business operations qualify as an exception. Our HST/GST services encompass registration, managing the account, remitting the tax and filing returns.
Tax
SkySmart Accounting is licensed to handle your returns filing. You don’t need to have a physical meeting with us to get started. Our services cover the filing of returns and deductions such as charitable donations, medical receipts, union dues, RRSP contributions, student loan interest, tuition amounts, child care expenses, support payments, pension income, deductions for eligible dependent. We can file taxes on rental property income, self-employed income, GST/HST return, T1 adjustment, notice of assessment copy, pre or post assessment review, RRSP planning, T4 slip review, and disability tax credit application.
We help clients who have simple T4, commission salesperson, sole-proprietorship’ , self-employed to get the maximum refund they are entitled to. We also provide advisory service to ready for the new year and plan ahead to maximize refund in the coming years.
We are well abreast of the developments in the global tax scene to help you solve the issues that you might face as you grow and expand your business.