Bookkeeping

LC Bookkeeping has more than 30 years’ experience in bookkeeping.  We will develop a bookkeeping solution that will provide your business with the most relevant financial information.  LC will work closely with each client to build an accounting system that provides the information needed to guide your business on course for success.

LC Bookkeeping Inc. offers a wide range of services to meet your needs.  We provide on or off-site, hourly or set fee, monthly bookkeeping services.

These include:

• Data Entry
• Account Reconciliations
• Accounts Payable
• Invoicing and Accounts Receivable
• Budgeting
• Payroll
• HST and WCB
• Software Training

We provide a standardized monthly package that includes the following:

• Balance sheet
• Income statement (Budget to actual if a budget exists)
• General ledger
• Bank reconciliation
• GST/HST return, if prepared
• Payroll summary
• Some analytical comments

Year end packages additionally include the following:

• Summary of investment activity
• Owners out of pocket expenses
• Fiscal summary of payroll

In the long run, you’ll find our services pay for themselves. By outsourcing your bookkeeping needs to us, you’ll reduce staffing needs and associated employee costs such as:

• Payroll taxes
• Employee benefits
• Training time and expense
• Equipment and software costs
• Employee management costs