Bookkeeping
Hamid Ghahraei, CGA provides assistance to small businesses with the maintenance of their accounting records and bookkeeping. Our goal is to provide timely & accurate financial statements to ensure our clients can make business decisions with confidence.
We can customize our service to suit your needs – whether your business requires weekly, semi-monthly, monthly, quarterly or an annual bookkeeping service. Our goal is to ensure that your needs are met. Bookkeeping is the process of analyzing and recording transactions in your accounting records. The accounting cycle is the sequence of the accounting procedures we use. We start by recording your various transactions, and ending with monthly financial statements. Hamid Ghahraei, CGA Bookkeeping Service will design a bookkeeping process that is right for your business. We will take you through the accounting cycle with ease. Once an accounting system is in place, you will be able to make economic decisions with confidence.
Financial Statements
Monthly financial statements include the Statement of Income and Expenses, and Trial Balance. Sales Income, Accounts Receivable & Accounts Payable reports are also provided. A Cash Flow and a comparison of Budget to Actual transactions can also be prepared. We will review your General Ledger details to ensure data is being coded correctly for CRA purposes.
Payroll Services
Hamid Ghahraei, CGA becomes the payroll department for your business in order to assist you with managing the entire payroll process.
From input to year-end and all of the steps in between, if payroll is something you never want to worry about, consider our Payroll Service Solution.
With our Payroll Solutions, Hamid Ghahraei, CGA will:
- Input Payroll Data
- Manage Employee Records
- Audit and Balance Interim Payroll Register
- Produce Final Reports
- Calculate and Produce Manual Cheque Amounts
- Enter Manual Cheques and Update Year to Date Information
- Calculate Special Earnings
- Produce ROE’s (Record of Employment), sign and mail to CRDC
- Answer all Government Inquiries
- Answer all Employee Inquires
- Remit Taxes to Appropriate Bodies
- Reconcile CRA Accounts to Payroll Calculations
- Administer, Process and Remit Garnishments
- Calculate and Remit Third Party Payments (RRSP, WSIB, etc..)
- Reconcile Employee Year to Date information, Payroll taxes and * Remittances
- Calculate Pension Adjustments and enter into Year-end file
- Calculate Taxable Benefits Adjustments and enter into * Year-end file
- Process Workers Compensation Annual Report
Tax Services
Are you stomped attempting to submit your business and personal taxes in the last minute? Let us take care of the headache for you. Hamid Ghahraei, CGA prepares personal and corporate income tax returns in Canada. We have more than 10 years of collective experience in the field of income tax preparation and this expertise is backed by our strong relationships with our clients.
The preparation of personal and corporation tax returns are becoming more and more complex as a result of the constant changes and amendments of the tax rules imposed by the Canadian Government. This could sometimes be difficult for individuals and business owners to keep up with while managing their businesses. Hamid Ghahraei, CGA allows you to stay focused on growing your business while we keep us up-to-date for you.
With our strong emphasis on taxation, we work hard at minimizing your tax liabilities leaving you with more of your money in your bank account where it belongs. We handle the full range of tax compliance obligations, including deceased taxpayers returns.
Tax returns are sent electronically where permitted or by mail as instructed by the client.
As a Thornhill, Ontario accountant, Hamid Ghahraei, CGA works hard to fulfill your accounting needs.
