Bank Reconciliation: Reconciliation of the general ledger of your bank accounts to the statements from your banks;

Credit Card Reconciliation: Reconciliation of the general ledger of your credit card accounts to the statements from your credit card issuers;

Reconciliation of GST/HST: Reconciliation of GST/HST liability and related input tax credits to the sales and purchase/expense accounts;

Reconciliation of other tax liabilities: Reconciliation of other tax liabilities such as payroll taxes, WSIB premiums, EHT and Quebec sale tax etc.;

Reconciliation of accounts receivable versus sales revenue and cash receipts; and

Reconciliation of accounts payable to suppliers' statements.

Your benefits include ...

Detection of errors made by your banks or credit card issuers - safeguard of cash asset;

Detection of unrecorded entries - reliable financial position and results;

Detection of compliance failure of various statutory requirements - avoidance of potential penalties and interest charges;

Detection of irregular or suspicious activities - prevention of potential accounting frauds;

A professional accountant acting as a virtual controller of your organization;

Increased effectiveness of control with segregration of functions;

Reduced costs of staff recruitment, supervision and turnover as well as related overhead; and

Increased focus on core business activities leading to increased profitability.

With our professional Account Reconciliation Services, you will have access to an assigned professional accountant knowledgeable about your business and your whole set of books of record, and available to perform financial analysis for assisting or directing the growth strategy of your organization.