Business Setup
Ledger Doctor will set up your accounting software based on an assessment of your business.
We will set up your General Ledger, Customer and Vendor Master. Financial Reporting will be discussed and set up based on your business requirements.
Payroll needs will be accessed and a payroll application will be selected and set up.
Accounting & Bookkeeping Services
- Treasury – cash flows, bank reconciliations, online banking, wire and EFT online payments, bank loan financial covenants
- Accounts Receivable – customer invoicing, credit worthiness of new customers, DSO Analysis, manage and monitor collections and bad debts
- Accounts Payable – invoice processing, cheque runs, vendor maintenance and controls
- Payroll – salaried, hourly, commissions and unionized employees, T-4 preparation, remittance of statutory payroll deductions
- Tax Calculation & Remittance – HST, EHT, WSIB
- Annual Budget preparation & Quarterly Rolling Plan updates
- Balance Sheet and Income Statement preparation
- Balance Sheet and Income Statement detailed variance analysis
- Gross margin analysis by customer
- Year End Financial Reporting and Working Papers
- Risk Management including general, auto and liability insurance policy reviews
- Personal Income Tax Returns