Calgary Accounts Payable Help and Small Business Bookkeeping Programs

By: Number Junkies  09-12-2011
Keywords: gst, profitability, General Ledger

When you choose to work with Number Junkies, you'll get to choose from several proven service packages we designed to encompass your bookkeeping needs. We have the capabilities to work on-site at your office or off-site in ours, and can adjust the frequency of our services to reflect the volumes your unique business produces. Our tried and true systems are in place to help you with consistency and accuracy. It's as simple as picking the level of support you need and ordering it up. It all comes to you in a neat, tidy, organized package.

The clear value of our packaged services lies in our thoughtful attention to detail. The result is that you will actually look forward to seeing your bookkeeper and you'll always know exactly what to expect.

Enjoy faster collections, lower risks, and better peace of mind.

Level One: Light-duty Support

Our Level One Package offers monthly bookkeeping and reports focused on Accounts Receivable, Accounts Payable, Banking, GST and the General Ledger. This package is for companies with light-duty bookkeeping needs. Package price ranges between $250 and $400 + GST per month (prices vary based on volume) and includes:

    Accounts Receivable:
  • Preparation and posting customer invoices
  • Processing customer payments
  • Preparation and delivery of customer statements
  • Customer aging and sales reports
    Accounts Payable:
  • Expense coding and posting of vendor bills
  • Processing vendor cheques
  • Verification of vendor statements
  • Vendor aging and purchase reports
    General Ledger:
  • Monthly journal entries
  • AR and AP sub-ledger balancing
    Banking:
  • Reconciliation of corporate bank accounts
  • Reconciliation of corporate credit cards
    GST Remittance:
  • Preparation and filing of GST returns
    Financial Reporting:
  • Trial balance
  • Profit & Loss Statement
  • Balance Sheet
  • General Ledger detail

Level Two: Profitability In-Depth Plus

Level Two is an in-depth monthly bookkeeping package focused on tracking profitability that includes collections, a complete Balance Sheet, account reconciliations and reports. This package includes Accounts Receivable, Accounts Payable, Banking, GST and the General Ledger. We're generally on-site twice per month. Package price ranges between $350 and $500 + GST per month (prices vary based on volume) and includes:

    Accounts Receivable:
  • Preparation and posting customer invoices
  • Processing customer payments
  • Preparation and delivery of customer statements
  • Customer aging and sales reports
    Plus
  • Monitors and alerts on overdue accounts
  • Collection of overdue accounts
  • Customer profitability reports
    Accounts Payable:
  • Expense coding and posting of vendor bills
  • Processing of vendor cheques
  • Verification of vendor statements
  • Vendor aging and purchase reports
    Plus
  • Maximization of purchase discounts
    General Ledger:
  • Monthly journal entries
  • AR and AP sub-ledger balancing
    Plus
  • Reconciliation of all balance sheet accounts
    Banking:
  • Reconciliation of corporate bank accounts
  • Reconciliation of corporate credit cards
    GST Remittance:
  • Preparation of GST returns
    Financial Reporting:
  • Trial balance
  • Profit & Loss statement
  • Balance Sheet
  • General Ledger detail

Level Three: Payroll Plus Profitability

Level Three offers our full bookkeeping services twice per month (frequency based on volumes). We process your payroll and source deductions, focus on collections and complete Balance Sheet account reconciliations. Reports include financial statements and profitability. This package includes Accounts Receivable, Accounts Payable, Payroll, Banking, GST and the General Ledger. Package price typically ranges between $450 and $700 + GST per month (price varies due to volume and client needs).

    Accounts Receivable:
  • Preparation and posting customer invoices
  • Processing customer payments
  • Preparation and delivery of customer statements
  • Customer aging and sales reports
  • Monitors and alerts on overdue accounts
  • Collection of overdue accounts
  • Customer profitability reports
    Accounts Payable:
  • Expense coding and posting of vendor bills
  • Processing of vendor cheques
  • Verification of vendor statements
  • Vendor aging and purchase reports
  • Maximization of purchase discounts
    General Ledger:
  • Monthly journal entries
  • AR and AP sub-ledger balancing
  • Reconciliation of all balance sheet accounts
    Payroll:
  • Employee additions and terminations
  • Vacation and sick pay tracking
  • Preparation of records of employment
  • Employee profitability reporting
    Banking:
  • Reconciliation of corporate bank accounts
  • Reconciliation of corporate credit cards
  • Cash flow statement
    Government Remittance:
  • Preparation of GST returns
  • GST recap report
  • Payroll tax remittances
    Financial Reporting:
  • Trial balance
  • Profit & Loss statement
  • Balance Sheet
  • General Ledger detail

Level Four – The Full Cycle

Our Full Cycle package encompasses all aspects of monthly bookkeeping services as it pertains to Accounts Receivable, Accounts Payable, General Ledger, Banking, Payroll, Inventory, Sales Orders and Purchase Orders through to year-end preparation. We offer Full Cycle services through a package price ranging between $800 and $1,200 per month (+ GST), although this may vary due to volumes and your particular needs.

    Accounts Receivable and Accounts Payable:
  • Preparation and posting customer invoices and vendor bills
  • Processing customer payments and vendor cheques
  • Customer statement preparation and vendor statement verification
  • Customer and vendor aging reports
  • Sales and purchase history reports
  • Monitors, alerts and collection of overdue accounts
  • Customer profitability reports
  • Maximization of purchase discounts
    General Ledger and Banking:
  • Monthly journal entries
  • Reconciliation of all balance sheet accounts
  • Reconciliation of corporate bank accounts and credit cards
    Government Remittances:
  • Preparation of GST returns and GST recap report
  • Preparation of payroll tax remittances
    Payroll:
  • Setup of new employees and process employee terminations
  • Payroll calculations and preparation of cheques (or EFT)
  • Completion of records of employment
  • Vacation and sick pay tracking
    Sales Orders and Purchase Orders:
  • Tracking against job completion and conversion to invoice
  • Progress invoicing
  • Tracking against packing slips and vendor bills
  • Job cost allocation
    Inventory:
  • Inventory receipts and shipments
  • Year-end inventory worksheets
    Financial Reporting:
  • Trial balance
  • Profit & Loss statement
  • Balance Sheet
  • General Ledger detail
    Operational Reporting:
  • Open sales orders
  • Open purchase orders
  • Inventory valuation summary
  • Job, customer and employee profitability reports
    Year-end Preparation:
  • Completed year-end checklist
  • Delivery of books and records to your accountant within 30 days of fiscal year end*

*A Number Junkie has been doing your bookkeeping for at least 6 months prior to year-end and performs the year-end preparation.

The information in this article was current at 06 Dec 2011

Keywords: Balance Sheet, General Ledger, gst, Monthly Bookkeeping, Package Offers, profitability,