Many people don’t seem to understand the value of hiring a professional bookkeeper for their small business…

Hiring a professional bookkeeper can add a lot of value to your small business. Simply purchasing the best cloud accounting software such as QuickBooks Online does not suddenly make the business owner a professional bookkeeper.

Some of the things that a good bookkeeper will know how to handle for your small business in Toronto:

• Bank reconciliations
• Correct categorization for all transactions
• Payroll filings and calculations
• GST / HST
• Posting manual journal entries

Of course, there is a lot more that a professional bookkeeper in Toronto can help you with, and their services are typically not very cheap; depending on the volume of work, the price can range anywhere from $300 per month to $600 per month, or more.

Definitely consider hiring a professional to assist you with your books, and always use a professional Small Business Accountant Toronto for all of your accounting and tax compliance work.