Business Management

 

Our team is experienced in growing small businesses and providing complete solutions for your accounting and administrative needs. We take care of outsource billing, accounts receivable/payable, payroll, and cash management responsibilities. Our customers receive the reliability and loyalty of a team who understands your business goals.

Benefits

  • Achieve greater efficiencies and reduced costs.
  • Better allocate the time spent on your business.
  • Get trusted advice in sales, income tax, financing, or banking.
  • Increase productivity and profitability of your new or existing business.
  • Receive extra support from our team of experts who understand your business.

Types of Business Management Services

Starting a Business

There are many factors to consider when starting a new business; managing finances can be a task that often requires the help of a full-time employee. We remove the need to add an extra department by helping you choose your business type, organizational structure, licensing, and government expenses and regulations. From bookkeeping to taxes, we walk you through each step and tailor our services to your business needs.

Acohar Virtual Controllership

We completely handle your business finances and regularly communicate with management to discuss your books and records. Balance sheets are periodically reviewed for accuracy, unusual activity, and to ensure your equity reflects your business structure. From top-to-bottom, we provide a complete accounting outsource solution that includes everything from bookkeeping and administration to annual financial statements and advice.

Customers

We invoice and process your business records, while reviewing and providing recommendations to improve your current procedures in accounts receivable. Through analyzing past payment trends, we recognize potential collections issues and suggest ways to accelerate returns.

Employers

With our services in processing, data entry, analysis, and advice in employee compensation, we seamlessly manage your payroll and T4 preparations. We work with your payroll services provider to review cheques, entries, and reports for each pay period and ensure the information processed matches the data given. Everything is entered into your accounting system, so you can easily access and review payroll details.

Suppliers

We review, process, and record your purchase invoices and accounts payable data to ensure that vendor payment terms are maximized. Invoices are recorded in the proper ledger account and are analyzed to determine any trends in recurring expenses or long-standing payables.

Bookkeeping

Whether you require short-term or long-term assistance, we tailor our services to meet your specific needs and budget. We review revenues and expenses, cost of goods sold, and items such as bad debt and depreciation/amortization. Reports are provided to management and government agencies in a timely manner, and include data such as payroll source deductions, GST remittances, PST remittances, corporate tax return preparation, and corporate tax installments.

Get in touch to learn more about our business management services.