Accounting & Bookkeeping

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Accounting and Bookkeeping is an essential part of any successful business. Bookkeeping focuses on recording and organizing financial data while Accounting is the interpretation and presentation of the data to business owners and investors.

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It is important to have accurate bookkeeping so that proper financial statements and income tax returns can be prepared. More importantly bookkeeping allows businesses to reliably measure their financial performance, make strategic and operational decisions, effectively manage cash flows, and comply with regulatory tax compliances.

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At Platinum Tax & Accounting we provide various bookkeeping services remotely or on-site to all businesses across the Greater Toronto Area such as:

• Bank Reconciliations

• Accounts Payable & Receivables

• Payroll Reconciliation

• Invoicing

• General Journal Ledgers

• Balance Sheet, Profit & Loss, and Trial Balance

• GST/HST, WSIB, T4/T5/T5018 Filings

• QuickBooks Online, Setup & Training

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We tailor our bookkeeping services to meet your specific needs and take away the hassle and stress, so that you can focus on your business goals and empower you to make informed and sound financial decisions.