Perfect Balance Inc. provides a wide range of services that can be streamlined for your exact needs.  For as little…or as much that you require.  Some of the services that are provided are below…..

Payroll/Human Resources
-Source Deductions properly deducted
- Submissions of Source Deductions to Revenue Canada
- Federal and Provincial TD1 and TD1ON updated yearly
- T4’s and T4 Summary – Year End
- Sub-Contractor Report - Year End
-WSIB  Calculations

Payables
-Verifying invoices with packing slips
-Entering payables into accounting system
-Paying vendors on established timeline

Receivables
-Work Order Numbered to assure all are invoiced
-Invoicing of finished work orders
-Alphabetical and Numerical system for invoices to verify continuity
-Follow up on outstanding customer invoices

Banking
-Entering receivables in accounting system
-Reconciling POS sales and enter into accounting system
-Deposits calculated and physically taken to the bank
-Reconciling Bank Statement
-Reconciling Credit Card Statements

Government
-HST Reporting and Submission
-WSIB Reporting and Submission
-Source Deductions Reporting and Submission
-Year End Reconciliation of above

General Financials
-Month End Reports to owners
-Liabilities and Assets recorded
-Year End Reconciling of accounts for Accountant

Accounting System
-Set up and maintaining accounting system
-Simply Accounting or QuickBooks
-Accounting system will be in a cloud environment that could be assessable by both bookkeeper and business owner.

Office Organization
-Paper Flow Established
-Filing system put in place and maintained
-Year End files made ready for storage and set up of new year