Nexus CPA - Accounting Services

Our Services

Accounting

Taxation

Advisory

Accounting Services

Providing financial information to our clients in a timely and accurate manner is a commitment that we feel cannot be compromised. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis. Our firm provides a full range of cost-effective accounting services including the following:

General ledger & financial statement preparation

Bookkeeping (Monthly/Quarterly/Annual)
- Full cycle payroll services
- HST, GST, PST, WCB, and Payroll Source Deduction remittances
- Bookkeeping assistance and training
- Troubleshoot accounting-related issues
- On-Site Software Training tailored to individual needs
- Preparation of Government related compliance forms (eg: T4, T4A, T5 slips & Summary reports, ROEs, HST/GST, PST, WCB) just to name a few

Bookkeeping Cleanup
- Generated reports may not be accurate and may not reflect the true financial condition of the company
- Income and Expense transactions may not be categorized properly leading to manipulated financial statements
- Source documents may be missing and reconciling the accounts becomes almost impossible
- The receivable balance with your customers is not correct and can’t be reconciled but you don’t know how to resolve it
- You received a letter from the Tax Authority asking for outstanding tax payments that you don't understand

Compilation of financial statements (previously known as Notice to Reader financial statements)
- Compilation of year-end financial statements for tax and bank financing purposes, reporting under the new CSRS 4200 standards

Cloud Accounting

Using cloud accounting software platforms like QuickBooks Online (QBO) changes the way bookkeepers and accountants interact with you and your business. Using cloud accounting software, users can access data from anywhere with an internet connection. Users can work from anywhere and are no longer tied to their office computers. Employing these tools and technology means our clients receive timely updates and real-time discussions on strategy, growth, and profitability.

Advances in cloud technology change the way we do business on a daily basis as new features evolve. New accounting and bookkeeping software provides easy, anywhere, real-time access to data on any device. New features in software platforms also mean up-to-date information is at your fingertips and transitioning from desktop to the cloud is simple.

Wherever you are working, wherever you need it, your information is available. Cloud-based technology enables all authorized personnel access to company information.

Key benefits of cloud-based accounting include:

Workplace flexibility
Accessible information on any device, from any location
Redundant, automatic backup of valuable data
Easy access for team members
Cost-effective solution
No more painstaking network cables and servers anymore

With your business accounting needs professionally organized by NEXUS CPA Professional Corporation, you will be better equipped to clearly develop the best options to drive your business forward.

We can assist you in the preparation of your financial statements in accordance with professional standards, but express no opinion or any other form of assurance on the underlying information included in them. The financial statements produced can be a useful tool for management to make financial decisions.