Business Details
16 Years
experience
Professional Bookkeeping Services in Durham & GTA
BBS Financial & Consulting has been delivering comprehensive bookkeeping and financial services to small businesses for over two decades. As a small business ourselves, we understand the challenges entrepreneurs face and prioritize alleviating financial administrative burdens to allow clients to focus on growth. Our expertise extends to payroll and GST remittances, monthly book reconciliation, and collaboration with certified professionals including accountants and financial planners. We specialize in preparing business and personal tax returns, as well as year-end financial statements for incorporated entities through our trusted Chartered Accountant partner. With a client-centric approach, we provide customized solutions tailored to each business's unique needs while maintaining strict compliance with regulatory requirements.Our 20-year track record demonstrates our commitment to fostering long-term client relationships built on trust and financial expertise. By maintaining a network of qualified financial advisors, insurance brokers, and mortgage professionals, we offer holistic support for business development. Our services go beyond data entrywe analyze financial health and provide strategic guidance to help businesses achieve their growth objectives. This combination of technical proficiency, industry experience, and personalized service positions us as a trusted financial partner for small businesses in Durham and the Greater Toronto Area.
Services
Bookkeeping
Payroll Services
Tax Preparation
Financial Consulting
Year-End Financials
Details
- Year established: 2010
Highlights and features
- 20 years of specialized bookkeeping experience for small businesses
- Customized financial solutions tailored to business needs
- Network of certified financial professionals and advisors
- 100% commitment to client business growth and success
- Comprehensive services beyond basic data entry
Associations and certifications
- Chartered Accountants
Services
Bookkeeping
Our comprehensive bookkeeping services ensure accurate financial record-keeping through regular reconciliations and systematic tracking of business transactions. We maintain up-to-date records that provide real-time financial insights while ensuring compliance with regulatory requirements. Our experienced team handles accounts payable, accounts receivable, and general ledger maintenance for businesses of all sizes.
Payroll Services
We manage complete payroll processing including employee payments, tax deductions, and government remittances. Our services cover payroll calculations, T4 preparation, and compliance with employment standards. We ensure timely and accurate payments while maintaining proper documentation for audit purposes.
Tax Preparation
Our tax services include preparation of business and personal income tax returns with a focus on maximizing legitimate deductions. We handle corporate tax filings, HST/GST returns, and personal tax matters while ensuring compliance with Canada Revenue Agency regulations. Our network includes Chartered Accountants for complex tax situations.
Financial Consulting
We provide strategic financial guidance to help businesses make informed decisions. Our consulting services include financial analysis, cash flow management, and business planning. We work closely with clients to develop customized solutions that support long-term business growth and financial stability.
Year-End Financials
We prepare complete year-end financial statements for incorporated businesses through our partnership with Chartered Accountants. Our services include balance sheet preparation, income statement analysis, and financial reporting. We ensure accurate documentation for audits and regulatory compliance.
Questions
What accounting software do you work with?
We primarily use QuickBooks Accounting System for our bookkeeping services and can work with various software platforms to meet client needs.
Do you handle both business and personal taxes?
Yes, we prepare both business and personal tax returns with expertise in corporate tax filings and individual income tax matters.
Are your services available in the Greater Toronto Area?
We serve clients throughout Durham Region and the Greater Toronto Area with customized financial solutions.
How do you ensure tax compliance?
We maintain compliance through regular updates on tax regulations and work with Chartered Accountants for complex compliance matters.
Can you help with business financial planning?
Yes, our financial consulting services include strategic planning, cash flow analysis, and business growth strategies tailored to small businesses.
