Vancouver’s Bench Accounting acquired after sudden closure Business & Tech

bookkeeping vancouver

When tax season arrives, we’ll provide your accountants with all the information needed to easily file your taxes. We’re here to help with top-notch bookkeeping and back-office services, no matter your business size or segment. Whether it’s bookkeeping, payroll, or other accounting back-office services, we have the industry expertise and knowledge to manage it all. You can trust our team to keep your books up to date and provide you with accurate financial statements every month.

Questions & Clarifications

Whether it’s ensuring compliance with corporate tax regulations or navigating the complexities of GST/PST filings, our expert team is equipped to handle all aspects of tax management efficiently. Bookkeeping is the process of recording and organizing bookkeeping vancouver financial transactions for a business or individual. Bookkeepers track transactions such as sales, purchases, receipts, and payments, and they may also manage payroll, invoices, and other financial records.

Financial Statements

Explore how our expert guidance can assist you in achieving financial clarity and success. “While the challenges Bench recently faced were unexpected, we recognized an extraordinary opportunity to integrate their capabilities into our own suite of solutions. By combining forces, we can create even more value for Bench’s loyal customers while extending the reach and impact of Employer.com’s offerings,” he said in the statement Monday.

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Send Your Documents

The main reason why you should turn your bookkeeping over to us is to free up time. Remember to keep your CRA login credentials secure and to log out of your account when you’re finished to help protect your personal information. If you encounter any difficulties during the registration process, you can usually find help resources on the CRA website or contact their support team for assistance. Within your online banking interface, navigate to the section related to bill payments or payees. This is where you will add the Canada Revenue Agency (CRA) as a payee if you have not done so previously. Adding the CRA as a payee allows you to initiate tax payments directly from your bank account.

bookkeeping vancouver

  • • By delegating routine bookkeeping tasks to us, you free up valuable time to focus on core business activities, strategic planning, and growth initiatives.
  • We offer meaningful financial data that allow you to make business decisions.
  • Below, we have answered a few common questions we receive about our bookkeeping solutions.
  • We can give you more information about our services at this point.
  • Upon successful completion of the payment, you should receive a confirmation message or reference number for the transaction.

Employer.com CEO Jesse Tinsley says his company is excited to build on Bench’s legacy of being a “trusted partner to small businesses.” ‍Bench Accounting Chief People Officer Jennifer Bouyoukos says the firm is pleased to have found a home for many of its customers and employees. ‍Bench Accounting Chief People Officer Jennifer Bouyoukos says the firm is pleased to have found a home for many of its customers and employees. Founded in Vancouver in 2012 by Ian Crosby, Bench grew into a major player in the bookkeeping industry, serving over 11,000 small business clients across the U.S. At its peak, the company employed more than 650 people and attracted over USD $100 million in funding from investors like Shopify.

bookkeeping vancouver

Why Businesses and Nonprofits Choose Brighten CPA

Our mission is to empower Vancouver’s business community, one balance sheet at a time. Vancouver-based bookkeeping service Bench Accounting has announced its sudden closure, potentially putting hundreds of staff out of work. “While the challenges Bench recently faced were unexpected, we recognized an extraordinary opportunity to integrate their capabilities into our own suite of solutions,” he said in the statement Monday.

  • As a member of the CPA, we adhere to strict ethical guidelines and the highest standards.
  • With Accounting One, you can trust that your financial records are in capable hands.
  • Online banking provides a straightforward and efficient way to manage your tax payments, ensuring that you fulfill your obligations accurately and on time.
  • Maje Accounting takes pride in providing businesses with the best bookkeeping services in Vancouver.
  • This can lead to improved productivity and efficiency within your organization.• Our bookkeepers are trained to maintain accurate and up-to-date financial records.
  • It is recommended to keep this confirmation for your records as proof of payment.

When you partner with Accounting for Churches Maje Accounting, you get complete bookkeeping services that are tailored precisely to your unique requirements. Knowing your financial transactions are being processed to the highest standards by people who care about your business gives you added peace of mind. It doesn’t matter what size your business is a bookkeeper can be an asset to your business. You can release some more of your time to concentrate on your business and get your accounts completed for you.

  • ‍Bench Accounting chief people officer Jennifer Bouyoukos says the firm is pleased to have found a home for many of its customers and employees.
  • You can release some more of your time to concentrate on your business and get your accounts completed for you.
  • However, we will work closely with your chosen accountant to ensure they have the reports they need to do your year-end filings.
  • Bench has previously said it had more than 600 employees and had received investor funding of US$113 million.
  • If you already have an accountant that is great, but for general bookkeeping services they will charge more than the costs of a typical bookkeeper.

YEAR END REPORTS / INCOME STATEMENT / BALANCE SHEET

bookkeeping vancouver

The accountant will receive an email invitation to access your QuickBooks retained earnings Online account. They will need to accept the invitation to establish the connection. Let us handle your accounting needs for heightened efficiency and revenue growth. Whether you’re a small business or running a leading e-commerce store, our bookkeeper Vancouver will take charge of your needs and ensure complete peace of mind. We also specialize in accounting, tax returns, HST returns, WSIB invoicing, small business start up and consulting. Learn about our solutions to real-world problems guided by skilled accountants and tax specialists in Vancouver.