Bookkeeping Services in London Ontario
At Rees Professional Accounting, we provide accurate, efficient, and organized bookkeeping services in London Ontario to help individuals and businesses maintain clear financial records. Whether you’re a sole proprietor, growing small business, or an established corporation, our bookkeeping solutions are structured to support your operational needs and compliance requirements.
Bookkeeping Services in London Ontario
Understanding Our Bookkeeping Services
Effective financial management begins with consistent and precise bookkeeping. Our bookkeeping services in London Ontario are designed to give you a clear picture of your finances, helping you make informed decisions, maintain compliance with regulations, and streamline your business operations.
1. Daily Transaction Recording
Accurate daily record-keeping is the foundation of sound financial practices. Our bookkeeping professionals ensure that all income, expenses, and financial transactions are logged and categorized properly. By keeping your records up-to-date, we help you avoid discrepancies and prepare you for audits, tax filings, or strategic planning sessions.
2. Bank and Credit Card Reconciliation
Reconciling bank and credit card statements ensures your records match actual account balances. As part of our bookkeeping services in London Ontario, we perform regular reconciliations to identify errors, prevent fraud, and ensure your ledgers are balanced. This process also helps detect any missed payments, overcharges, or duplicate entries early.
3. Accounts Payable and Receivable
Managing incoming and outgoing funds is essential to business stability. Our bookkeeping services in London Ontario include handling your accounts payable and receivable, ensuring timely payments to vendors and accurate invoicing to clients. We help you track due dates, monitor outstanding balances, and maintain healthy cash flow.
4. Payroll Record Maintenance
Keeping accurate payroll records ensures compliance with provincial and federal employment standards. Whether you manage a team of two or twenty, our bookkeeping services support the correct documentation of salaries, deductions, and contributions. We work in coordination with your payroll system to ensure all financial aspects are recorded correctly.
5. HST/GST Tracking and Reporting
Our bookkeeping services in London Ontario include managing your HST/GST obligations. We track taxable sales and purchases to ensure you stay compliant with Canada Revenue Agency (CRA) requirements. When it’s time to file, you’ll have accurate and comprehensive records at your fingertips.
6. Monthly and Quarterly Reporting
Routine reporting allows you to assess performance, analyze trends, and make timely adjustments. We provide monthly and quarterly financial summaries, including profit and loss statements, balance sheets, and cash flow reports. These reports are formatted clearly and tailored to meet the needs of your stakeholders or lenders.
7. Year-End Preparation
Before year-end tax filings or corporate returns, having a complete and accurate bookkeeping file simplifies the process. Our team ensures your records are organized and ready for your accountant or CRA submissions. As part of our bookkeeping services in London Ontario, we help minimize year-end stress by preparing your financials in advance.
Why Choose Rees Professional Accounting for Bookkeeping?
Partnering with Rees Professional Accounting gives you access to a professional team dedicated to delivering structured and dependable bookkeeping services in London Ontario. Here’s what sets us apart:
- Accuracy: We pay attention to every detail, ensuring your records are complete and free of errors.
- Efficiency: Our streamlined systems and tools make the bookkeeping process fast and manageable.
- Confidentiality: We treat your data with the utmost discretion, using secure software and file-sharing practices.
- Support: Whether you need occasional check-ins or ongoing monthly service, we are here to support you throughout the year.
Benefits of Reliable Bookkeeping
Consistent bookkeeping services in London Ontario bring numerous advantages:
- Financial clarity: Know where your money is going and how your business is performing.
- Audit readiness: Organized records ensure you’re always prepared for review.
- Time savings: Free up your schedule to focus on growth, not paperwork.
- CRA compliance: Stay current on tax reporting and payment obligations.
Industries We Serve
Our team has experience offering bookkeeping services in London Ontario across a range of sectors:
- Retail & E-commerce
- Trades and Contractors
- Real Estate & Property Management
- Health & Wellness
- Nonprofits and Associations
- Consultants and Freelancers
We adapt our services to the operational structure and regulatory requirements of your specific industry.
Custom Bookkeeping Solutions
Every business has unique financial tracking needs. That’s why our bookkeeping services in London Ontario are fully customizable. We take the time to understand your workflows, tools, and objectives to design a bookkeeping solution that fits seamlessly into your operations.
Whether you need full-service monthly bookkeeping or quarterly reporting assistance, we offer scalable options. And if you already use platforms like QuickBooks, Xero, or Sage, we integrate directly with your existing systems.
Technology-Driven Bookkeeping
We use modern, cloud-based accounting platforms to deliver fast and accurate bookkeeping services in London Ontario. This allows you to:
- Access your books remotely
- Upload documents securely
- Receive real-time financial updates
- Collaborate with our team more efficiently
By automating routine processes, we help reduce errors and keep your finances organized year-round.
Transitioning to Professional Bookkeeping
If you’ve been handling your own books or relying on outdated systems, transitioning to professional services can seem daunting. We make the switch easy by:
- Conducting a full review of your current records
- Identifying gaps or issues
- Setting up a reliable bookkeeping system
- Offering continuous support as you get started
Our goal is to provide you with a smooth onboarding experience and ensure you’re set up for long-term consistency.
Contact Us for Bookkeeping Services in London Ontario
At Rees Professional Accounting, we are committed to delivering structured and accurate bookkeeping services in London Ontario for individuals and businesses alike. Our solutions are designed to help you save time, improve financial visibility, and stay compliant with evolving tax laws.
Reach out today to learn more about our bookkeeping services in London Ontario and how we can support your day-to-day operations. Let’s work together to bring clarity and consistency to your financial records.
