Profit Simple Bookkeeping
Turn bookkeeping confusion into financial clarity with our cloud bookkeeping solution
Running a business can be exhilarating. But managing your finances? That can be a bit daunting.
We get it and we're here to help so you can focus on growing your business while we ensure your finances are in order.
"Save time, avoid costly errors, and gain an accurate, real-time view of your financial standing with our Profit Simple Bookkeeping."
- Robert Gauvreau, FCPA and CEO of Gauvreau Accounting Tax Law Advisory
Accurate
Accurate bookkeeping is essential to provide a clear picture of your company's financial health, enabling informed decision-making and strategic planning. For this to be possible all income and expenses are correctly accounted for, providing insights into cash flow and profitability. This can help you identify trends, opportunities for growth, and potential areas of concern. Accurate bookkeeping is crucial for tax compliance. It ensures all transactions are correctly recorded and categorized, reducing the risk of errors in tax filing, which could lead to penalties or audits. Additionally, should the business seek external financing, investors and lenders will require precise financial records to assess the company's viability and creditworthiness.
Insightful
At Gauvreau we understand that insights and action-oriented bookkeeping are the keys to your success. Traditional bookkeepers may handle the basics, but they fall short when it comes to providing you with the vital insights needed to make informed decisions. In the ever-evolving world of business, decisions are made often, and each one can be the difference between seizing opportunities or letting them slip through your fingers. Informed decisions, rooted in deep insights derived from accurate and timely bookkeeping, are the bedrock upon which you can build your future. Whether you're contemplating expansion, assessing the profitability of a new venture, or navigating the intricacies of financial compliance, the ability to access meaningful insights is the key to steering your business in the right direction.
Timely
Timely bookkeeping is crucial for the proactive management of your business. Financial information is most valuable when it's current, allowing for fast action and responsive decision-making. Timely financial reporting can help identify issues such as late payments or cash flow problems early, preventing them from escalating into significant obstacles. Meeting statutory obligations like tax filings and regulatory reporting promptly is another key benefit of timely bookkeeping. It helps to avoid potential penalties and maintain good standing with regulatory bodies, fostering an environment of compliance and financial transparency within your organization.
Leveraging our Certified QuickBooks Elite ProAdvisor status, we deliver accurate, insightful and timely data to support your critical business decisions. Our expertly trained team of bookkeepers handle all the complex tech, so you don’t have to. Experience seamless onboarding and dedicated support that ensures you're leveraging all the available features to their maximum capabilities.
Redefining Bookkeeping
Our approach is simple: we put you first. We're driven by a relentless passion to help entrepreneurs realize success. Spearheaded by Robert Gauvreau, an award-winning FCPA and trailblazer in the accounting industry, we bring creativity and innovation to traditional bookkeeping.
We are proud to offer our one-of-a-kind Profit Simple Cloud Bookkeeping services designed from insights gained over 15 years serving the entrepreneurial community. Since 2008 our focus has been helping small business owners just like you to overcome their biggest frustrations with traditional bookkeeping. The answer, a solution that saves you time and gives you access to accurate, insightful and timely data so you can make more confident decisions to scale your business.
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Monthly, Quarterly & Annual Bookkeeping
Recording, analysing and interpreting the financial transactions of your business and accounts are a large proportion of the accounting process for any business. Bookkeeping provides businesses with accurate information regarding its financial activities and progress.
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Payroll and Government Remittances
Our team offers the outsourcing of payroll services. We will work with you to determine an efficient means of obtaining payroll information to ensure payroll is calculated and completed on time.
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Accounts Receivable
Our team offers the outsourcing of accounts receivable services. We will work with you to streamline your invoicing process, making it easier to manage your income and maintain positive cash flow.
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Accounts Payable
Our team offers the outsourcing of accounts payable services. We work with you to make managing your outgoing payments hassle-free, ensuring your suppliers are paid on time and your relationships with them remain strong.
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HST Filing
It is a requirement for most Canadian based businesses with revenue over $30,000 to register, collect and remit HST to the Canada Revenue Agency on a periodic basis. Our team can assist with the HST filing requirements for your business and ensure they are remitted on time and to the appropriate government agency.
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WSIB Filing
It is a requirement for most Canadian based businesses with employees and/or subcontractors to register, collect, and remit WSIB on a periodic basis. We can assist with the WSIB filing requirements for your business and ensure that they are remitted on time and to the appropriate government agency.
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EHT Filing
It is a requirement for Canadian based businesses with payroll compensation totals above $450,000 remit EHT on a periodic basis. Our team can assist with the EHT filing requirements for your business and ensure that they are remitted on time and to the appropriate government agency.
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T4 Filing
t is a requirement for a Canadian business to remit a T4 slip and T4 summary if they paid employees employment income, commissions, taxable allowances and benefits, fishing income, or any other remuneration. Our team will reconcile your annual payroll remittances and calculate any discrepancy in remittances for the year based on statutory obligations, while at the same time preparing T4’s for employees and electronically filing such T4’s with the Canadian Revenue Agency.
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T5 Filing
It is a requirement for a Canadian business to remit a T5 slip and T5 summary if they paid any remuneration such as dividends or interest at any point during a calendar year. Our team will prepare T5’s and electronically file such T5’s with the Canada Revenue Agency.
Simple
We leverage QuickBooks Online user-friendly and intuitive interface to proivde simplified data organization and visualization to ensure even non-financial business owners can understand and interpret their bookkeeping. This reduces the time and effort required to effectively manage your finances, freeing you up to focus on more mission critical aspects of their business.
Scalable
As your businesses grow, its financial needs will become more complex. Our Profit Simple bookkeeping solution will scale with the business, adding capabilities as needed. This flexibility means your business won't outgrow our solution, addressing the pain point of transitioning to a new system at every growth stage.
Secure
At Gauvreau, we understand that the security of your financial data is of utmost importance. We take the responsibility of safeguarding your information very seriously and have partnered with trusted software solutions vetted for their stringent security standards and best practices in data protection.
Here's What Our Clients Have To Say
As a trusted bookkeeping parter for hundreds of business owners across North America, we are happy to clear this time consuming and complicated task from your to-do list, so you can focus on what matters most in your life.
My experience with Gauvreau has been amazing, not only did they help me get my books back in order but also opened my eyes to all the benefits and value that come with have a professional accounting and bookkeeping team on your side! Everyone from Robert's team is helpful, timely and always friendly! Highly recommended!
Derry O'Byrne
Derry Woodworking
Gauvreau is hands down, the leader in the accounting industry. We’ve had past accountants that simply do that, accounting. Then you’ve got Bob and his team. They go above and beyond the call of duty. They truly care how your business is doing, and have become a pinnacle driver of how we run our business, look at numbers, and plan for our future.
Jason Jablonski
Jablonski Electric, Plumbing & Heating
Bob Gauvreau is an expert in his field and the entire staff are exceptional, from the smiling front desk staff to the support staff who respond promptly to any inquiry you may have. The team is amazing and quick to respond and give advice. Their knowledge is extensive and they love to share what they know. I cannot recommend them enough!
Shirley Turner
EXIT Realty Liftlock, Brokerage
Unlock Financial Clarity with Profit Simple
Your Partner for Intelligent Cloud Bookkeeping
Ready to streamline your bookkeeping and maximize your financial success? We’re eager to learn more about your business and how we can help. Complete the form below and embark on this financial journey together.