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Our Memberships
Penta Accounting Solutions
Bookkeeping: This service includes setting up your chart of accounts, cleaning up your books if needed, managing receivables and payables, documenting and categorizing transactions, and performing bank reconciliation.
Administrative Streamlining: For example, each time you receive a receipt, what do you do with it? Do you store it or move it? With our service, you can simply take a picture of it, send it to us, and you're done with it.
Payroll Automation: We automate payroll processing so that you don't have to remember to run it manually. It processes on its own, and all you have to do is ensure there are sufficient funds in the bank.
Automated Rent Collection: Instead of anxiously waiting for an e-transfer or waiting five days for a cheque to clear, we can set up your system so that the rent is in your account and cleared on the 1st of the month.
Data Migration to QuickBooks Online: We assist with migrating your existing financial data to QuickBooks Online for better accessibility and management.
Budgeting and Cash Flow Analysis: This service helps you answer critical questions like, "Based on my current projections, will I have enough money on a given day to cover my payments?" If not, we'll help you identify how to make up for the shortfall. If you have excess funds, we'll advise you on how to best utilize them.
Filing HST Returns: We handle the filing of HST returns to ensure compliance with tax regulations.
QuickBooks Online Training: We offer training sessions to help you and your team get the most out of QuickBooks Online, empowering you to manage most of the above tasks on your own
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