Bookkeeping

Let us help you with your day-to-day bookkeeping and government reporting duties. We can take the place of an employee with our friendly and efficient bookkeeping staff. Well organized and accurate records of your business will help you run more efficiently on a daily basis and be the foundation for success. We can provide payroll services and produce T4s and T5s that conform to CRA requirements. RHN can also assist with Elder-care duties such as bill paying and other maintenance concerns.

MONTHLY, QUARTERLY AND ANNUAL BOOKKEEPING

REMITTANCES

PAYROLL ADMINISTRATION

  • Calculating gross pay, statutory and other deductions, net pay
  • Preparing payroll journal
  • Preparing pay cheques/direct deposits
  • Preparing source deduction remittance form

T4 / T4A / T5018 / ROE

  • Summary and supplementaries

WORKSAFE BC

  • Summarizing payroll and contractors’ earnings
  • Calculating premiums
  • Preparing Worksafe BC report

CREDIT CARD

  • Summarizing credit card statement by account
  • Recording payments in general ledger

RECORDING CHEQUES

  • Obtaining account coding from you
  • Recording cheques in general ledger

RECONCILING BANK ACCOUNTS

  • Obtaining bank statements and canceled cheques
  • Recording service charges, automatic payments, interest, etc.
  • Reconciling bank statement to general ledger

PREPARING DETAILED GENERAL LEDGER

  • Preparing cash receipts journal
  • Preparing cash disbursement journal
  • Preparing cheque register
  • Posting transactions to general ledger

HST

  • Summarizing gross revenue, HST collected and ITCs
  • Calculating HST payable/receivable
  • Preparing HST remittance form

ELDER-CARE

 

Client testimonials

"We started working with Reid Hurst Nagy from the moment we opened our electrical business over 28 years ago. As president, my personality is professional and conservative. I don't believe in cutting corners, so Reid Hurst Nagy is a very good fit for us. I never have to worry about potential challenges due to taking a shortcut. Over the last 15 years we've been very busy, so we handed the day-to-day books over to Reid Hurst Nagy staff. They have a friendly, personalized approach and go above and beyond the call of a normal CGA firm. In addition to helping us with a major company reorganization, they have helped us plan for the future. Today, we are in good shape with retirement planning and our family trust."

D.N., president, electrical company

"For the past 10 years, Reid Hurst Nagy has provided our group of companies with knowledgeable, timely service that meets our quality standards. The financial information provided to us at the end of each month allows us to plan our cash flow, as well as get an accurate picture of our monthly financial performance. Such services provide us with one less accounting function to worry about. This enables us to focus on other important business developments. Not unlike most competitors, Reid Hurst Nagy is very professional in their approach. However, the culture of their firm sets them apart from others. It is very people-oriented, which is apparent from the reception person onwards. Its teamwork approach has always ensured a seamless transition whenever working with a new staff member. Aside from the great coffee service from Susan, my favourite part of doing business with RHN is the ability to have immediate access to someone at the firm who can deal with any issue that requires prompt attention."
P.D., president, sports company