Bookkeeping services in Calgary Bookkeeping services in Calgary
Bookkeeping Services

Frequently Asked Questions

Find answers to common questions about bookkeeping, personal and corporate tax preparation, payroll, financial reporting, and the additional accounting services available through EANS By the Book Accounting Ltd.

Questions

We provide bookkeeping, personal tax, corporate tax, payroll, accounts receivable management, payment management, financial reporting, and additional financial administration. We also assist with annual returns, WCB returns, T4s, T5s, T5018s, related summaries, and hourly bookkeeping.

Yes. We support businesses and independent professionals with bookkeeping, payroll, corporate tax, and financial administration. Individuals can also come to us for personal tax preparation based on the complexity of their return.

The level of support depends on the package you select. Services can include transaction recording, account reconciliation, GST/HST calculations and filing, financial reporting, shareholder or owner transaction tracking, CRA account monitoring, accounts payable, accounts receivable, and year-end preparation.

We begin by learning about your business, transaction volume, current accounting processes, reporting requirements, and the amount of ongoing support you need. From there, we can identify whether the Essentials, Core, Advanced, or Executive package is the most appropriate option.

Yes. Packages are not the right fit for every business, so hourly bookkeeping is available for clients who need support with specific tasks or whose requirements vary over time.

Contact us to discuss the current state of your records and what needs attention. We can review your bookkeeping requirements and determine the appropriate scope of support for organizing your financial information.

Depending on your bookkeeping package, reconciliation can cover bank accounts, credit cards, lines of credit, and loans. Regular reconciliation helps identify discrepancies and keeps recorded balances aligned with the corresponding account activity.

Yes. GST/HST calculations and filing support are included within our bookkeeping packages according to the applicable filing requirements and reporting schedule.

Our personal tax services cover several T1 filing needs. Options include returns for youth up to age 25, basic returns involving items such as donations, medical expenses, employment expenses, RRSPs, and T5s, as well as returns involving sole proprietorships, rental income, investments, foreign income, and capital gains or losses.

Yes. Our corporate tax service includes preparation of the T2 corporate income tax return and financial statements based on the applicable company records and year-end financial information.

The documents required depend on whether you are filing a personal or corporate return and the financial activity involved. Relevant records can include tax slips, income information, expense records, contribution details, investment documents, rental or business records, and organized bookkeeping information. We can advise you on the information required for your specific return.

Yes. We provide bi-weekly payroll processing through QuickBooks Online. Payroll setup and implementation are also available, with pricing determined by the requirements and complexity of the organization.

Yes. Accounts receivable management can include organizing customer invoices, monitoring outstanding balances, tracking payments, reconciling deposits, and supporting follow-up on unpaid invoices. The level of service depends on transaction volume and collection requirements.

Yes. Payment management support can include organizing payment schedules, coordinating applicable vendor payments, tracking outgoing transactions, and maintaining related records. The scope depends on the volume and complexity of the payments your business manages.

Reporting varies by bookkeeping package and can include an Income Statement, Balance Sheet, Accounts Receivable Aging, Accounts Payable Aging, General Ledger Detail Reports, key financial metrics, and customized management reports where applicable.

Our software experience includes QuickBooks Online, Sage 50 Desktop, Dext, Financial Cents Portal, WagePoint, Plooto, Telepay, Stripe, and TaxCycle. The systems used for your account will depend on the services and processes involved.

We serve clients in Calgary, Edmonton, Red Deer, Lethbridge, and Okotoks. Our firm is based in Calgary and also has experience serving clients across Canada.

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How Do I Get Started?

Contact EANS By the Book Accounting Ltd. to tell us about your business, current financial processes, and the support you are looking for. We will assess your requirements and discuss the service or bookkeeping package that fits your situation.

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The firm

EANS By the Book Accounting Ltd. delivers comprehensive support for growing companies and independent professionals. Our services seamlessly combine daily bookkeeping, regular payroll processing, and strategic tax planning into one cohesive package. We focus entirely on accuracy and strict compliance so you can confidently run your daily operations. Establishing a strong financial foundation helps protect your assets over the long term. Our service region includes Calgary, Edmonton, Red Deer, Lethbridge, Saskatoon, Regina.