P.A.T.S.-. offers a wide range of accounting services to its clients in a tailor made fashion. We provide complete cycle accounting services and can take up the role of a part-time financial controller for your company.  However, if you need only a few selected services of limited nature or still only some one time service PATS- is willing to work with you not only to enable you comply with the need but also ensure that you will receive quality service at an affordable price.

 

The suite of services that are offered by Peel Accounting and Taxation Services are:

• Accounting

 

1. Account receivable and accounts payable management
2. Petty Cash reconciliation
3. Bank reconciliation
4. Credit card reconciliation
5. Accounts analysis
6. Fixed assets and depreciation schedules
7. Drawing out the trial balance,
8. Preparing-ome Statement & balance Sheet
9. Preparing and posting Journal entries.
10. GST & PST remittances

Bookkeeping and Payroll

 

1. Entering accounts payable & receivable invoices
2. Writing creditors and suppliers cheques
3. Maintaining inventory ledger
4. Maintaining Payroll ledger
5. Writing payroll cheques
6. Preparing payroll related remittances (CRA, WSIB, EHT)
7. Preparation of T4
8. Preparation of Record of Employment

Preparation of Financial Statements

 

1. Preparing monthly, quarterly, semi-annual and annual financial statement for management
2. Ensuring the correctness of the account balances
3. Preparation of fixed assets continuity and depreciation schedules
4. Prepare and post month end and year end adjustments
5. Prepare comparative financial statement – budgets to actual- prior year to actual

Projections and Budgets

 

1. Prepare annual budgets
2. Prepare forecasts and projections
3. Prepare cash flow documents for funding proposals, grants  or business plans.

Taxation Services

 

1. Prepare personal-ome tax for individuals
2. Prepare personal-ome taxes for sole proprietors and partnerships (small businesses)
3. Prepare and file taxes for corporations
4. CCRA representation
5. File for research and development credits

Financial Advisory Services

 

1. Business plan development
2. Strategic plan development
3. General insurance concerns
4. Employee benefits advice
5. Human resource issues (hiring, firing, appraisal etc.)
6. Internal control policies
7. Inventory control policies
8. General operational advice