Book Keeping

Bookkeeping in Calgary with EF Accounting Services

From small business owners to large, professional corporations, bookkeeping can often be a time consuming task. But it is also a critical one. Proper bookkeeping in Calgary is necessary to ensure smart decision making, accurate tax payments, correct employee and contractor payments, and more. At EF Accounting Services, our team is here to handle all of your bookkeeping needs, and make sure that your business is prepared for any financial issues that may arise.

Our Calgary Bookkeeping Services

We offer a variety of bookkeeping services both individually and as part of our larger bookkeeping strategies. Our services include, but are not limited to:

  • Data Entry
  • General Accounts Payable/Receivable Maintenance
  • Vendor Cheque Issuance
  • Bank Reconciliation
  • GST Returns
  • WCB Returns

Each of our bookkeeping service is customizable to the needs of your business, as our goal is always to make sure that you have a certified accountant on hand that is prepared to help you with one time, weekly, monthly, or other bookkeeping duties as assigned. Based in Calgary, EF Accounting Services is proud to offer the Alberta area some of the most accurate, affordable bookkeeping available today, helping businesses and sole proprietors across province with comprehensive, accurate, detail oriented bookkeeping and related accounting. If you are interested in learning more about these bookkeeping services, please call us today at (403) 216-0070.

Bookkeeping Data Entry and Upkeep

Bookkeeping can often feel like a tedious task. It’s easy to find that you’ve fallen behind with your bookkeeping efforts, or that you simply cannot maintain a good schedule for keeping track of all of those numbers and data. At EF Accounting Services in Calgary, we provide accounting and bookkeeping data entry services to all businesses that need them – from sole proprietors to international corporations – with a level of support and accuracy unmatched by other corporations.

Our Data Entry Services

We provide accurate and thorough data entry solutions to help you catch up your databases and keep more precise records. We are also happy to maintain the data – providing long term bookkeeping solutions that help businesses in Calgary manage their finances more effectively.

Our data entry services are one of the many different accounting services we offer both small and medium sized businesses around the Calgary area. Our team will provide:

  • Detailed Data Entry
  • Error Checking and Management
  • Additional Guidance and Support

All through our trained and educated accounting professionals. If you need our data entry services in Calgary – or any of our bookkeeping services – please call us today at (403) 216-0070.

General Accounts Payable and Receivable Maintenance

As a business owner, keeping up with your daily accounting can be a headache. Managing your accounting and bookkeeping is a time consuming and detail oriented task, and rarely is there time in the day to manage your accounts payable and accounts receivable without interruption.

Based in Calgary, EF Accounting Services provides businesses around Alberta with affordable accounts payable/receivable management, allowing you and your staff to focus on the tasks that will earn your company greater revenue. We can take the role of an in-house accountant, and provide you with a variety of critical services to manage your books successfully, including:

  • Document Management
  • Invoice Processing
  • Reporting and More

Our team allows you to improve your own productivity and reduce your costs, providing a more effective and affordable solution to your accounts payable and receivable needs. With over 20 years of combined experience, our team is ready to manage your books and ensure that each and every detail is entered correctly. For more information about our general accounting and bookkeeping management, please call us today at (403) 216-0070.

Vendor Cheque Issuance in Calgary, AB

As you manage your business, every expense has to be paid and monitored. Yet over time, those expenses can become difficult and time consuming to manage. Let the experts at EF Accounting Services help. We can help you issue vendor cheques, manage them in your records, and make sure that the proper funds are always available.

Bookkeeping in Calgary with EF Accounting Services

Issuance of vendor cheques is one of many services that we offer to save you time and hassle within our corporate accounting services. Great for small business owners and managers, we will make sure that invoices are paid on time, that funds are available, and that all payouts are correctly logged in any expense reports. We also provide consulting services if needed, which can help you determine:

  • Recommended Vendors and Services
  • What Your Budget Can Afford
  • Potential Tax Implications, and More

Whether it’s paying off invoices on time or making sure that all of your expenses are carefully monitored, we’ll make it our goal to assist you with these and other bookkeeping needs, so that you are free to work on the projects that need you most. If you are interested in learning more about our Calgary accounting services for small and medium sized businesses, call us today at (403) 216-0070.

Bank Reconciliation in Calgary, AB with EF Accounting Services

The more cheques you have issued, the more complicated the accounting process can be. Specific tasks, such as bank reconciliation, take countless hours of time – valuable time that you often need to spend working on your business or building your revenue. That is why EF Accounting Services is happy to offer bank reconciliation as part of our bookkeeping services. Let us help you save time and effort by allowing us to take control of the day to day accounting tasks, and address the many different needs of your business.

What is Bank Reconciliation?

Every time you issue a cheque or make a payment, it is logged on the bank statement. For your financial security, it is important to verify that each and every dollar logged on the bank statement is accurate, and coincides directly with a payment you have made and intended to make. This is known as bank reconciliation. The more your company grows, the more important this becomes, as even a few small bank errors can cause significant issues with your general ledger.

Our Bank Rec Services in Calgary

As part of our bookkeeping services, we handle the bank reconciliation for you. We’ll make sure that each and every expense is accurate, and that each and every detail is accounted for. At F Accounting, we know how difficult and time consuming it can be to handle this process yourselves – many small businesses do not do it at all – which is why this is standard practice within or own accounting and bookkeeping services. If you’re interested in learning more, contact us today at (403) 216-0070.

GST Returns | Let EF Accounting Services Help You File Your Goods and Service Tax Returns

Although the Goods and Services Tax (GST) is now a standard business practice across Calgary and the rest of Canada, they can often be incredibly difficult to understand and manage – especially for small businesses without a dedicated accountant. At EF Accounting Services, we help many businesses file their GST returns with the Canada Revenue Agency, and continuously educate ourselves on the latest in changes to the GST so that you are filing your taxes correctly.

Our GST Return Services

Our accounting team is ready to help you manage all of your GST Returns on a monthly, quarterly, or yearly basis. We can also help answer some of the most difficult questions that often come up with filing the GST:

  • What is an Exempt Purchase?
  • What is Zero Rated Purchase?
  • When is a Monthly, Quarterly, or Annual Return Warranted?
  • What Input Tax Credits Are Involved?

These are the details that we handle for you. Our team fully understands not only the details of the GST, but the rules and obligations necessary to make sure that they are filed accurately. For those that have struggled with filing the GST – or those that need help with all of their Calgary bookkeeping and accounting – contact EF Accounting Services today at (403) 216-0070.

WCB Returns | Let the Experts at EF Accounting Services Manage Your Worker’s Comp Returns

Companies that are paying worker’s compensation insurance often have more complex taxes and bookkeeping. That is why we offer WCB returns as part of our bookkeeping package. We’ll make sure that your Worker’s Compensation returns are filed correctly each and every year. Why WCB Returns? Filing Annual WCB Returns is not only required by law – it will also help make sure that you have the correct amount of coverage in place for your workers, and that you are receiving an invoice that is both accurate and fair for your worker’s needs. We will make sure that your WCB is correctly calculated, and file the paperwork on time and with all of the details in place. If you have overpaid, we’ll also make sure we can get that amount credit and save you more money in the future. Our Bookkeeping Services in Calgary From WCB Returns to all of your accounting needs, EF Accounting Services helps small businesses like yours with the bookkeeping that will keep them operational, and take many time consuming tasks out of your hands. Call us today at (403) 216-0070 to find out more.