Putting together a Year end Package will make is easier for your accountant at year end time and should save you money, as it saves your accountant a lot of time.
Preparation for Year End
- We Review the General Ledger to make sure all allocations are correct. If necessary, we make the necessary corections.
- We balance the accounts, for example: Accounts Payable, Accounts Receivable, Credit Cards and the Bank
- Accounts Receivable - We write off bad debts if necessary
- Accounts Payable - We Make sure there are no unpaid items
- Our Package for the accountant consists of:
Financials
Corporate Notice of Assessment for the previous Year
Copies of the GST, PST and Source Deduction Remittances