Accounting and Fiscal Analysis
Every company is different, so we’ll take the time to get to know you.
We’ll agree on the service mandate and, consequently, the scope of the work we’ll be doing together.
Setup
We then start setting up your accounting management.
We explain what you need to have in place and give you the necessary tools (technological and human infrastructure, vital habits) for easy accounting management.
Optimize & re-evaluate
With the system in place, our accounting firm continually helps you manage and improve it.
Why choose the GORA Accounting Firm?
Simplified Services
We don’t just want to compile your financial statements and deliver them to the government.
We want to teach you how to manage your accounting and make better use of your money by showing you the big picture of your accounting cycle.
A Personalized Service
Your company is unique, and so are you.
The way we work, with our streamlined process, makes sure you get the services you need, no more, no less.
Competitive Prices
Our prices are based on the workload you delegate to our accounting firm.
We have services included in our packages, and also “à la carte” services – charged by the hour. This ensures that we will never charge you for unexpected or hidden costs.
Strategic Planning
Your business and tax strategy is what gives direction to your business.
We give you the best advice to optimize your business structure and save on taxes.
Working Capital
The most underestimated part of the accounting cycle, the creation and management of a working capital that helps you better manage your money in the short and medium term.
This is an essential habit for companies that have irregular revenues or expenses. It is, however, optional for those with regular revenues and expenses.
Bookkeeping
Bookkeeping is the entry of data, sales and expenses into our online software. This is the most time consuming and repetitive part of the accounting cycle.
That’s why we automate it as much as possible. We are experts in the QuickBooks Online, Sage50, Avantage and Wave software.
Obligations to Shareholders, Employees and Subcontractors
Shareholders’ Remuneration
We help you set up the right salary/dividend balance.
Then, we automate the cash flow into the shareholders’ accounts.
Employee Remuneration
We create the pay slips and attach them to your bank for scheduled deductions for all your employees.
In addition, we help you produce their T4 at the end of the year.
Subcontractors’ remuneration
We help you set up invoicing for your subcontractors or integrate them into your payroll service.
We also set up the CNESST for them, if needed.
Other Advantages
We help you manage the other benefits you provide to shareholders and employees.
For example, group insurance, group savings plans, etc.
Obligations to the Governements
GST/QST Sales Tax Returns
We calculate and submit your GST/QST reports to Revenu Québec.
We do this on a monthly, quarterly, or annual basis.
Source Deductions
We calculate and produce the report for the deductions at source on the wages paid by the company.
We then submit the payments directly to Revenu Québec and the Canada Revenue Agency.
Financial Statements & Tax Returns
We produce and sign your year-end financial statements.
Then, we send your company’s tax returns to the government with Intuit ProFile certified software.
Annual Declaration
We update your annual declaration with the Registraire des Entreprises or Corporations Canada.
This is an annual update of the basic information of the company.
What our clients say about GORA Accounting
We’ve been working with dozens of companies to manage their accounting cycle since 2015. We’d love it if, in the near future, your comment appeared below too!
Understand your accounting cycle from A to Z
The first step in becoming proactive with your accounting is to understand its full cycle. Its major components on which you must constantly take action in order to keep yourself up to date and not have any problems… Neither with your employees, subcontractors and of course, the government.
Download your free cheatsheet and its explanatory document which gives you an overview of your company’s financial cycle.
You will learn:
- How your money circulates in your company, and what are the main lines of the accounting cycle
- What are your major obligations to shareholders, employees, contractors, and the governments
- What are the 3 vital habits to have to manage your accounting system well
