Services
Bookkeeping Services in Ottawa
Run your business with clear and transparent financial visibility. BBA Tax offers bookkeeping services with highly accurate monthly financial statements and a team of experts using powerful cloud bookkeeping software that simplifies your accounting processes.
What We Do
Monthly Bank & Credit Card Reconciliation
We reconcile all business transactions each month to ensure your books match the bank—catching errors, preventing fraud, and avoiding late fees.
Accounts Receivable & Invoicing Support
We set up automated invoicing and track unpaid bills—so you stay on top of client payments and reduce overdue receivables.
Bill and Payables Management
We organize and schedule your supplier payments, avoiding missed payments, late charges, and stress.
Financial Statement Preparation
Monthly or quarterly Profit & Loss statements and Balance Sheets give you a clear picture of your bottom line, helping you plan strategically.
GST/HST Filing & Remittances
We ensure your filings are accurate, timely, and optimized for deductions like Input Tax Credits (ITC) and the Quick Method.
Payroll Support (T4, T5, CPP, EI)
We handle payroll, including T4/T5 slips, source deductions for CPP and EI remittances, and ensure CRA compliance.
Cloud-Based Accounting Software (QuickBooks, Xero, Sage)
We set up and maintain your accounting software, optimize workflows, and train you on best practices.
Our Approach
Our team of experts provide accounting and bookkeeping services in Ottawa and the surrounding area to help setup a new business or clean-up an existing company. We can setup adequate reporting and systems to better understand your business.
Your personal bookkeeper will create budgets and projections so that you can plan strategically.
BBA Tax can also help you with GST/HST, payroll setup and payment. We will help streamline your bookkeeping systems with the correct checks and balances for best practices.
Bookkeeping services for small and mid size business in Ottawa
BBA Tax experts will ensure your small and medium-sized enterprise’s bookkeeping is well-organized, making it easier to track income and expenditure. Having clean and consistent bookkeeping is essential for businesses that want to attract investors and secure funding.
Why Professional Bookkeeping Matters for Small Businesses in Ottawa
At BBA Tax, we believe that accurate and timely bookkeeping is the foundation of a profitable and stress-free business. Beyond just tracking income and expenses, proactive bookkeeping empowers business owners with:
Better Financial Insight
Clear daily, weekly, and monthly financial statements help you make informed decisions and monitor profitability.
Tax Readiness
Avoid scramble at year-end—well-maintained books lead to smoother tax filing and fewer surprises come April.
Improved Cash Flow
Regular tracking of accounts receivable and payables ensures clients pay on time and bills are managed properly.
Regulatory Compliance
Accurate record-keeping ensures you’re ready in case of a CRA review and helps you take full advantage of available deductions.
Bookkeeping FAQ
General Questions
What is bookkeeping?
Bookkeeping is the systematic recording and organizing of financial transactions for individuals or businesses. It involves tracking income, expenses, and other financial activities to provide an accurate financial overview and ensure compliance with tax regulations.
Why is bookkeeping important for my business?
Bookkeeping is essential as it provides a clear picture of your financial health, helps in making informed business decisions, ensures tax compliance, and prepares you for audits. Accurate bookkeeping also aids in tracking profitability and managing cash flow effectively.
How often should bookkeeping be done?
Bookkeeping should ideally be done on a regular basis, such as weekly or monthly, to keep your financial records up-to-date and accurate. Regular updates help avoid discrepancies and make financial management more efficient.
Services and Benefits
What bookkeeping services does BBA Tax offer?
BBA Tax offers comprehensive bookkeeping services, including:
- Recording financial transactions
- Reconciling bank statements
- Managing accounts payable and receivable
- Generating financial reports
- Preparing for tax filing
How can BBA Tax’s bookkeeping services benefit my business?
Our bookkeeping services can streamline your financial operations, provide accurate financial data for decision-making, ensure compliance with tax laws, and save you time and effort so you can focus on growing your business.
Do you offer bookkeeping services for both individuals and businesses?
Yes, we offer tailored bookkeeping services for both individuals and businesses in Ottawa, ensuring all financial activities are accurately recorded and organized.
Security and Confidentiality
How do you protect my financial information?
We prioritize the security and confidentiality of your financial information. We use secure, encrypted software and follow strict privacy protocols to protect your data from unauthorized access.
Will my financial information be shared with anyone?
No, your financial information will remain confidential and will not be shared with anyone outside of BBA Tax without your explicit consent, except as required by law.
Process and Technology
What bookkeeping software do you use?
We use industry-leading bookkeeping software such as QuickBooks, Xero, and Sage to ensure accurate and efficient financial record-keeping. We can also work with any specific software you prefer.
Can you help set up my bookkeeping system?
Absolutely! Our team can assist in setting up your bookkeeping system, ensuring it's tailored to your specific needs and integrates seamlessly with your business operations.
How do you ensure the accuracy of my financial records?
We employ rigorous checks and balances, including regular reconciliations and reviews, to ensure the accuracy of your financial records. Our experienced team of bookkeepers is meticulous and detail-oriented, minimizing the risk of errors.
Pricing and Engagement
How much do your bookkeeping services cost?
Our pricing for bookkeeping services varies based on the complexity and volume of transactions. To get an accurate quote, you can fill out our 3-minute online form, and a custom quote will be generated instantly and shown to you.
How do I get started with BBA Tax’s bookkeeping services?
Getting started is easy! Simply contact us through our website, call our office, or fill out our 3-minute form to receive an instant quote. We’ll discuss your needs and tailor our services to fit your requirements.
Do you offer any packages or bundles for bookkeeping and other services?
Yes, we offer packages that combine bookkeeping with other accounting services such as tax preparation, financial management, and audit defense. Contact us to learn more about our bundled service options.
Simple Ways You Can Improve Your Bookkeeping
Use Cloud-Based Tools
Like QuickBooks Online or Xero that allow you to link banks, automate entries, and access real-time dashboards.
Digitize Receipts
Using tools like Hubdoc or Dext. Attach scanned copies directly to transactions—no more shoeboxes full of paper.
Set Recurring Bookkeeping Sessions
So you don’t fall behind—30 minutes a week can make a big difference.
Use Your Accountant as a Resource
monthly check-ins with BBA Tax can help catch small issues before they grow.
Success Stories
I'm an ELITE Certified QuickBooks ProAdvisor
Business owners regularly face issues with bookkeeping & this is where a ProAdvisor can help! Using my skills & experience, I can help you organize your books & even bring you back up to date if required. Let’s build up your books in order to provide you with the most up to date, reliable and accurate information about your company!
