We provide services in relation to accounting and bookkeeping wherein we record day-today transactions of sales, purchase, payments, receipts in books of accounts. We apply payments and receipts against outstanding payments and receivables respectively in the
books. We record month end adjustments at the end of the month like depreciation,
prepaid, accruals etc. That helps in closing books for the month.
Payroll processing is one of the services we offer. We have hands-on expertise in
processing payroll on almost all of the payroll software available on the market, regardless of the payroll software you have subscribed to. We collect payroll information from our clients and enter it into payroll software after analyzing it. After that, we prepare the
payroll and send it to our clients for approval. We process the final payroll once the preprocessed payroll has been approved.
We make the process simple and hassle-free! our expert team will guide you through business registration, and other essential/ initial setup, incorporation, GST/HST registration. Whether you’re a sole proprietor, partnership or corporation, we ensure your business is legally compliant and ready to operate smoothly. No matter what country you are from we can help you setup your business in Canada today! Let us handle the paperwork while you focus on growing your business!
Tax season can be stressful for any business. When you partner with enliven accounting, we can prepare your working papers and finalize your books so your tax return can be filed
accurately and on time.
Fhia solutions inc accounting is the right place for you if you are a CPA firm searching for back-office operations help that can handle bookkeeping, accounting, and year-end finalization work for all your clients and that too at a fair price.
The majority restaurant businesses fail because they are unable to control their food waste and labor costs. Rent is another significant fixed cost that eats into the business’s profit. Our monthly business analytics reports help restaurants in understanding ways to control such costs.
Because hospitality is a rapidly growing business industry, having detailed insights into your company’s financial situation keeps you on pace. Accounting is required in the hospitality business to keep track of transactions. Mismanagement and inefficient tracking
can be avoided with a well-organized accounting system
Improper accounts payable management has two effects on the firm. One, it has a negative impact on the business’s cashflow if we do not take full use of the credit term provided to us. On the other hand, if funds are not issued to vendors on time, it has a negative impact on the vendor’s relationship, which may result in non-delivery or delayed supply of goods
or services.
Small and medium-sized enterprises may not always have in-house accountants. In such cases, business owners handle bookkeeping. Because owners are supposed to run a business, not bookkeeping, they may make several errors when recording transactions into
books of accounts. In such cases, the books at the end of the year require extensive cleaning before being presented to CPAS for filing taxes.
Monthly management accounts help us in analyzing how we are doing in business and whether we are profitable. If we are not profitable, where are we spending more money that will exhaust our profits? It helps us in making critical decisions regarding cost control, profit maximization, and so on. However, it is critical to highlight that monthly
management accounts must be prepared on time. Ideally, we should have monthly management accounts completed by the 10th of each month so that we may make crucial business decisions on time. Management accounts that are not received on time will delay crucial choices and, in the end, will be irrelevant.
Failure to file a sales tax return, late filing of a sales tax return, or failure to pay sales tax results in interest and penalties. We assist our clients in avoiding such interest and penalties by ensuring that their sales tax returns are filed on time. We handle monthly and quarterly sales tax filings for our clients. We prepare sales tax returns for our clients using
information from books and pos and file them after they are approved.
Your accounting records need to be correct, otherwise you lack the proper tools to successfully run your business. In many cases, you could be under-reporting or overreporting your income on your tax returns. Perhaps your attorney with an iolta account and you are not sure if it is accurate. Our comprehensive diagnostic review will identify
and outline any issues that exist.