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Years of CPA excellence
- 4000 Steeles Ave W Suite 200, Woodbridge, ON L4L 4V9
- info@johricpa.ca
Years of CPA excellence
Clients served across Ontario
Office locations in Ontario
Google rated by real clients
For most small business owners, bookkeeping is the task that gets deferred, week after week, until it becomes a crisis. By the time tax season arrives, you are spending hours reconstructing records instead of running your business. And if the CRA comes calling, disorganised or incomplete books are the fastest route to penalties, interest, and a very stressful few months.
Good bookkeeping is not just about keeping records. Done properly, it gives you a real-time view of your cash position, flags problems before they escalate, and ensures that every deductible expense is captured. At Johri CPA, our bookkeeping service is CPA-managed from the start, not handed off to a junior clerk and reviewed once a year.
When bookkeeping falls weeks or months behind, deductions get missed, invoices go unpaid, and the true financial position of the business becomes impossible to read. Catch-up work is always more expensive than staying current.
The CRA cross-references HST filings, T4 remittances, and corporate tax returns. Inconsistencies and missing documentation are the primary triggers for audits and review requests. Clean, reconciled records are the first line of defence.
Many business owners have a rough sense of revenue but no clear picture of margins, cash flow, or where money is being lost. Without current financial statements, you are making decisions without the numbers that should be driving them.
A bookkeeper who is not supervised by a CPA may record transactions correctly but miss the tax implications. Errors in how income is categorised, how GST/HST is applied, or how shareholder draws are treated can create significant problems at year-end.
Select a category to explore what we offer. Not sure what level of support your business needs? Book a free consultation and we will help you figure it out.
Ongoing monthly bookkeeping for small and medium-sized businesses. We record all transactions, reconcile accounts, and deliver a clean set of books every month so you always know where you stand.
For businesses with lower transaction volumes, a quarterly bookkeeping cycle keeps records current without the overhead of monthly engagement. HST returns are prepared and filed at each quarter end.
Behind on your books by months or years? We assess the scope, reconstruct missing records from bank statements and receipts, and bring everything current. We do not judge the starting point: we just fix it.
Tracking who owes you money and following up on overdue invoices is one of the most neglected bookkeeping tasks. We manage your AR ledger and flag outstanding invoices so cash does not fall through the cracks.
Staying on top of what you owe suppliers and avoiding late payment charges is critical for managing cash flow and vendor relationships. We maintain your AP ledger and ensure nothing is missed.
Not yet on a cloud accounting platform, or struggling with the one you have? We set up QuickBooks Online or Xero correctly for your business type, migrate historical data where needed, and train your team.
We process payroll for your employees on whatever schedule your business requires: weekly, bi-weekly, semi-monthly, or monthly. Remittances are calculated and submitted to the CRA on time, every time.
Year-end T4 slips for employees and T4A slips for contractors must be prepared, distributed, and filed with the CRA by the last day of February. We prepare all slips and the T4 summary accurately and on time.
Setting up a payroll deductions account with the CRA correctly from the start avoids penalties and remittance errors. We register your account, set up the remittance schedule, and advise on your obligations as an employer.
Proper employment records from day one protect the business and ensure CRA compliance. We set up employee files, complete TD1 forms, and advise on what documentation the employer must maintain.
A Record of Employment must be issued when an employee experiences an interruption of earnings for any reason: termination, layoff, leave of absence, or resignation. We prepare and submit ROEs through Service Canada.
For incorporated business owners, the most tax-efficient way to pay yourself changes year to year. We calculate the optimal mix of salary and dividends, process both, and ensure all required slips and remittances are filed
Clear, accurate income statements and balance sheets every month. We prepare these in a format that is readable for business owners, not just accountants, so you can actually use them to make decisions.
Year-end financial statements prepared in accordance with Canadian generally accepted accounting principles (GAAP), ready for your corporate tax return, bank financing, or investor review.
A Notice to Reader (NTR) is the most commonly requested financial statement format for small businesses. It confirms that statements have been compiled from information provided by management without audit or review procedures.
A cash flow statement tells you where cash came from and where it went. Cash flow projections tell you what is coming. Both are essential for managing a growing business and for any bank or investor conversation.
A monthly reporting package built specifically for your business: KPIs, budget vs. actual comparison, departmental breakdowns, and the metrics that matter most to how you run operations.
We prepare a complete year-end working paper file including all reconciliations, journal entries, and supporting schedules, ready for your auditor or for CRA review. This significantly reduces the cost of any external audit.
Whether you are starting from scratch or handing over a backlog, here is how we get you set up and running smoothly.
We review your current bookkeeping situation, understand your business, and recommend the right level of service. No judgment on the starting point.
We connect your bank and credit card accounts, set up or migrate your accounting software, and establish a chart of accounts that fits your business.
If you are behind, we reconstruct and clean up your records first. We give you a clear timeline and keep you updated as we work through it.
Every month, we record transactions, reconcile all accounts, prepare HST returns, and deliver a financial summary. You review and approve. We handle the rest.
At year-end, we prepare a complete file for your corporate tax return, liaise with our CPA team, and ensure everything is CRA-ready. One firm, no handoffs.
We provide bookkeeping and accounting services to businesses at every stage across Woodbridge, Brampton, Kitchener, and throughout Ontario. Our clients range from sole proprietors just starting out to multi-location corporations managing complex financials.
Inventory management, cost of goods sold tracking, merchant account reconciliation, and HST on mixed-rate sales: we handle the bookkeeping complexities that come with selling physical products.
Job costing, subcontractor payments, holdback tracking, equipment depreciation, and WSIB compliance: we understand the specific accounting needs of contractors and tradespeople.
Medical practices, dental offices, physiotherapy clinics, and other regulated health providers have specific billing, HST exemption, and payroll requirements. We handle all of it.
Law firms, engineering companies, IT consultants, and other professional services businesses need bookkeeping that tracks billable hours, client disbursements, and professional expenses accurately.
High transaction volume, tip management, cash reconciliation, food cost tracking, and CRA-compliance: restaurant bookkeeping is complex and we do it well.
New businesses that incorporate need clean books from day one to support investor reporting, grant applications, and the tax planning that happens in those critical early years. We set you up right from the start.
If any of the following sounds familiar, it is time to talk. A free consultation will tell you exactly what level of support makes sense.
Keeping Ontario businesses audit-ready since 2012.
Woodbridge, Brampton, and Kitchener: in-person or virtual, wherever you are.
From sole proprietors to incorporated businesses with multiple locations.
Our clients rate us five stars, and many have been with us for over five years.
If your situation is not covered here, a free 20-minute consultation will give you a clear answer. No obligation.
Call 905-605-5272 or email info@johricpa.ca
The cost of bookkeeping depends on your transaction volume, the complexity of your accounts, whether payroll is included, and how current your records are. Most small businesses fall into a straightforward monthly or quarterly package, and we provide a fixed-fee quote after a free consultation so you know exactly what to budget before committing. There are no hourly surprises.
Bookkeeping is the day-to-day recording and organising of financial transactions: income, expenses, payments, and reconciliations. Accounting involves interpreting that data: preparing financial statements, analysing performance, planning for tax, and advising on financial decisions. At Johri CPA, your bookkeeping is managed by trained professionals and reviewed by a licensed CPA, so you get both the clean records and the meaningful insight from a single team.
Most of our bookkeeping clients never set foot in an office. We connect your accounts through QuickBooks Online or Xero, you share documents and receipts digitally, and we communicate by phone or email. If you prefer to meet in person at our Woodbridge, Brampton, or Kitchener office, that is available too. The process works either way.
Yes, and this is genuinely one of the most common situations we encounter. We call it catch-up bookkeeping. We start by assessing how far back the records go and what source documents are available, then we reconstruct and reconcile everything systematically. Once the catch-up is complete, we transition to an ongoing monthly service so it never happens again. We do not judge the starting point: we just fix it.
We work primarily with QuickBooks Online and Xero, both of which are cloud-based and allow us to access your books securely without you needing to send files back and forth. If you are currently using a different platform, we can assess whether it makes sense to migrate or continue with what you have. We set up the software correctly for your business type and train any staff who need to use it.
At year-end, we prepare a complete closing file including all final reconciliations, adjusting journal entries, and supporting schedules. This package is then passed directly to our CPA tax team, who prepares your T2 corporate return or T1 self-employment schedule. Because the same firm handles both your bookkeeping and your tax filing, nothing gets lost in translation, your year-end is faster, and there are no duplicate fees for a second accountant to review work already done.
Clean, current books are the foundation of an accurate and efficient tax filing. When your records are properly maintained throughout the year, your year-end tax return takes far less time to prepare, every deductible expense has been captured, and there are no surprises about what you owe. Disorganised books, on the other hand, lead to missed deductions, extended preparation time, and higher accounting fees. Our bookkeeping and tax services work together by design.
Your time is worth more than data entry. Let Johri CPA handle your bookkeeping, payroll, and financial reporting so you can focus on what you actually built your business to do. Book a free consultation and we will tell you exactly what a managed bookkeeping service looks like for your specific situation.
Woodbridge: 905-605-5272
Brampton: 905-230-0115