QuickBooks®: Although there are many versions of QuickBooks Software; we support and maintain QuickBooks Online – all versions. You could be sending the invoices within minutes, and you could have your company financial information updated, accurate, and available at any time of the day or night, and ready for review before you make any and all financial decisions.

Proper bookkeeping is important to sustain and expand a business. Without it, you run the risk of hitting cash flow crunches, wasting money, and missing out on opportunities to further grow your business. If bookkeeping is not your expertise, and you need additional support in planning the future of your business.
we are here to streamline, maintain and revise your bookkeeping routine. Remember that the purpose of bookkeeping is to help you manage your business and allow you to make wise business decisions.

We will take the information entered during the bookkeeping services and produce all the financial statements such as Profit & Loss Statement and Balance Sheet statement. You’ll have all your financial documentation prepared accurately and in a timely manner, perfect for keeping track of success, identifying areas for improvement, or presenting them to financial institutions for additional funding or improved credit terms to help your business grow.

Account reconciliation is a process that explains the difference between the bank/ credit card balance shown on a company’s bank/ credit card statement and the corresponding amount shown on the accounting records at a particular point in time. Monthly reconciliation is a great tool for your business’ growth and to achieve your goals.

We prepare and file your sales tax returns in a timely manner. We offer GST/HST and PST filings at whatever frequency is required by your business. We keep you updated about upcoming due dates and the amount owing.

Our staff can provide your business with complete payroll services. Our services include payroll calculation and processing, direct deposit, paycheck generation, pay stub reporting, and transmitting withholdings to proper tax authorities. We also prepare government-related compliance forms such as T4, ROE, and follow up with any CRA-related inquiries.

If only we could find a solution that would make our client’s life easier, would save time, simplify the process, save trees, save the planet and save money. Well, there is such a solution.
Depending on our client’s needs, we can recommend any of the following:

• Hubdoc
• Expensify
• Box
• ReceiptBank

Bill Payment (A/P)
Keeping track of what you owe and when it is due will enable you to establish good credit and hold onto your money as long as possible. Our mission is to ensure timely accurate processing and monitoring of payments and expenditures. Providing these services effectively and efficiently will ensure that finances are accurate and up to date, and the vendors and suppliers are paid within established time limits.

Customer Billing & Collections (A/R)
Billing your clients on time is not just a good practice but also a necessary one. We will manage the daily/weekly/ monthly or any other billing schedule that you choose, to ensure the easy, accurate, and consistent billing that would help your business, your cash flow, and overall business health and creditworthiness.

Personal Tax Filing
IP Accounting Solutions also offers personal tax return filing services. We have the expertise to ensure you that your taxes are filed with all of the applicable tax credits and deductions. If you have pending tax returns from previous years, we are here to help you.

Business Management Consulting
We are here to help you achieve improved profitability, operational and organizational efficiencies, and new market introductions while transforming workforces into true business teammates. If you are not familiar with our company and your first contact with us is online, we encourage your inquiry. Please let us know what your challenges and questions are. We will respond with a personal follow-up. Our Mission is Your Success!