All About Balance offers the following services:
Bookkeeping
All About Balance offers on-site or remote access bookkeeping services tailored
to meet your business needs. Today’s advanced technologies allow your bookkeeping
to be done from a remote access, achieving the same end result as the employee sitting
in your office, for a much lower price. Virtual bookkeeping doesn’t disrupt the
way you do business; it simply makes it more efficient and cost effective. You will
save time and money on computer costs, accounting software, office and employee
expenses by allowing us to do your work for you. Most of the communication is done
via email, fax, phone or courier services. Our goal is to streamline and organize
your books resulting in a more profitable bottom line. We are flexible and work
with clients to find the “right fit” for you.
Our services include:
- General ledger - data entry
- Cash flow management
- Bank and credit card reconciliations
- Accounts Payable: Vendor bills, payments, reports
- Accounts Receivable: Customer invoicing, bank deposits, reports
- Payroll: Employee payments, payroll remittance, T4’s
- Sales Tax remittances
- New business set-up
Financial Management
Understanding your numbers is an essential part of running your business. A budget
is a financial document used to create a plan of revenue and expenses and track
actuals against that plan. If the actual numbers delivered through the financial
year are close to the budget, this suggests that the owner is in control of their
business. On the other hand, if the actuals diverge from the budget, this sends
a message the business may be out of control. Having a plan plays an important role
in the overall success of your business.
Our services include:
- Assistance in developing a plan
- Aligning the actuals to plan
- Variance analysis (plus or minus)
- Forecasting and “what if” scenarios
- Comparison reports to prior years and/or periods
- Profit & Loss projections for use in future planning and credit acquisition
- Customized financial reports/Presentations
- Project planning
Management Consulting
Growing your business for financial independence and peace of mind can be a challenge
without any additional support or assistance. We work with our clients to guide
them through a business development plan designed to increase company profits and
entity value.
Our services include:
- Setting financial targets and goals
- An activity-based costing analysis of products and services
- A comprehensive assessment of your customer base
- Monitoring key performance indicators that apply to critical areas of your business
- Conducting a complete business diagnostic to analyze the strengths, weaknesses,
opportunities, and threats to your business
- Document and website editing and proof reading
Business Process Improvements
It’s a well known fact that organized people accomplish more in less time. However,
a neat and tidy desk doesn’t automatically equal efficiency. Instead, efficiency
comes from having a system in place that eliminates wasted resources and enables
work to be complete free of error. All About Balance works with clients
to take charge of their environment and return their business to a state of calm
and order.
Our services include:
- Review of accounting processes and procedures
- Paper flow management
- Elimination of office clutter
- File organization and management
- Training techniques on how to work more efficiently and cost effectively
eCommerce Business Solutions
Millions of dollars of revenue is generated through on-line stores and “merchant
accounts” daily. Although the operation of your eCommerce business may vary slightly
from the traditional way of doing business, the same rules and regulations apply.
In November of 2008, the federal government announced that they will be going after
online merchants who fail to pay taxes on the goods they sell. According to the
Globe and Mail: “The Canada Revenue Agency launched the probe about two years ago
and initially focused on all eBay Canada "PowerSellers" in 2004 and 2005, which
totalled about 10,000 people. The agency recently told eBay Canada it plans to expand
the investigation to include all PowerSellers in 2006 and 2007, putting several
thousand more people under review”. More information on this decision can be found
under Quick Links.
If your business falls under this category, let us help you. We have worked with
sole proprietors and small businesses to basically go “back in time” and organize
their books to ensure they comply with all laws and regulations relating to their
activities online. It can be done, and we will help you do it.
Quick Links
