Small and Medium Size Business
Solutions
Accuracy Integrity Personal Service
Accounting and Bookkeeping Specialists
CA FirmExpensive, and usually year-end taxes and year endfinancial statements only. It is after-the-fact and lacking
in consultation and tax planning because the work is not
done each month.
Bookkeeper
Very limited. It’s numbers only! Probably no
analysis, forecasting, positioning, or advice
on taxes or other critical needs.
“Do-it-Yourself” by Personal Computer
A g reat to o l fo r calcu latin g - b ut that’s it! No an alysis;
n o ad v ice; n o tax p lan n ing . It d oes wh at y ou tell it - an th at’s all! Wh en erro rs o ccu r an d th e p erso n wo rk in g
with th e co mp u ter an d so ftware d o es n o t h av e an
understand ing o f pro fessional accoun ting , that
in d iv id u al will n ot be ab le to co rrect th ose erro rs. Besid es, it tak es time - time y o u co u ld sp en d on yo ur
b u sin ess, o r y o u rself!
The “Brother-in-law” Approach
Personal? Su re! Adv ice? Plen ty ! Bu t pro fessional?
Ho w can y o u b e su re y o u ’re d oin g the rig ht th in g ?
Lets Consider INCOME
Money In
Income
How generated?
Where recorded?
Who records?
What method is used?
How are cash
shortages handled?
The Bottom Line...
What do you like best about your reporting?
What do you like the least?
What would you change?
How recorded?
Who is responsible?
Are you overpaying?
Have you had penalties?
What if you are audited?
HST
How About PayrollObligations
are you paying late filing and penalties fees
Payroll
How Many Employees
Permanent Legal Record?
How is it recorded ?
Year-end T-4’s ? ROE ?
Payroll taxes? WSIB etc
Family members on payroll?
Registered Sub-Contractors
What do you like best about your method?
What do you like Least?
How would you change it?
How about ExpensesMoney out
Bank Account(s)
How Many ?
Who Signs ?
How Often do you make Deposits
Reconciliation?
Expenses
Major Expenses ?
Credit Cards?
Debit Cards?
Cheques ?
Cash Payouts ?
Outstanding Loans ?
Under Control?
What do you like best ?
What do you like Least ?
What would you change ?
Changes?
. Financing Alternatives
. Lines of credit
Concerns?
.business sounding Board
.consultant
Will your Current recordkeepingsupport a CRA Audit
Records
What others?
Responsibility?
How are mistakes detected?
When reviewed?
Accuracy?
Maintain security copies?
What do you Like best ?
What do you like least ?
What are your Concerns ?
What would you like to change ?
Your Current Financial Service
Does your accountant call you with:
Advice? Consultation? Questions?
Records… To and from?
Reports: Monthly? Quarterly? Annually?
Planning sessions?
Explain the practical uses of Financial
Statements?
How do you use financial statements?
Like best? Least?
How responsive to your needs?
Changes… Or do differently?
Does your current accountant suggest tax planning
for you each month?
The Bottom Line . . .
Is Money… Time… Convenience…
Peace of Mind… and Profit!
YOU HAVE… Invested in your business.
You’re making it successful.
YOU WANT… Growth… Profit…
Satisfaction… Security…
AND
Peace of mind.
Plan for a comfortable retirement
WE CAN HELP… By working together
on your financial and tax planning…
records and profits.
Isn’t It About Time?The alternative is :
Greenwayand
Associates
www.greenwayandassociates.synthasite.com416-428-5705
The right Arm of Ontario’s Small Business
Keeping you Current…… Helping you Succeed
Lets Take a Look At A copy ofFinancial Statements we produce
Complete: In all ways,COMPREHENSIVE . . . Detailed.Where you were . . .Where you are . . .Where you should be . . . Where youhope to be.
Current: Monthly . . . Timely . . .When it will be most valuable.
Confidential: “Eyes Only!”Security maintained.
Balance Sheet
Summary at a glance
Discloses condition Provides Control
Provided monthly No Additional Cost
To assist in establishing credit
To help in a loan application
Helps control receivables and inventory
Saves time
Real Management Tools
Detail General Ledger
Quick-glance tie -in
Instant analysis
Eliminates concerns
Saves time
Provides and absolute
audit trail
Cheque Register
Lists all cheques
Ready reference
Provides an absolute
audit trail
True time-saver
A True Management team
Index numbers
Highlights important areas
Satisfies concerns
Total financial overview
Monthly Payroll Register
Details each employee
No need to keep internal records
Meets tax requirements
Provides control
Saves paperwork
Saves time
Security . . Duplicate records
Bank Account Reconciliation
Performed monthly
Printed cheque register
All outstanding cheques listed
Internal control
Corrections noted
Catches bank error
Saves concern
Saves time
At Your Service
We Work Together!
Every month: We call you, to talk over areas
of your business.
Need help: No problem. That’s why we’re
here. And at no additional cost!
Just pick up your phone; call anytime.
“Things We Noticed”: brings special
areas of concerns to your attention
And…Perhaps the Largest Concern of All...
We Provide complete Tax Preparation and Validation
Taxes… Federal… Provincial
WE PROVIDE…
Quarterly tax estimates with comparisons
to last year
Family member on payroll and sprinkling
Correct business structure
Accurate approach to gathering HST and
PST information
Concise reporting of all your retirement
planning
Prompt tax reporting to avoid penalties
Proper business planning for the financial
aspects of your business
We are responsible for our work. If you
incur a tax penalty because we made a mistake,
we pay the penalty and interest.
Significant tax savings can only occur with
tax planning done throughout the year
IN Summary
No More Taxing Problems!
All your tax requirements
All the necessary forms
Whenever due: monthly, quarterly
annually
All you do is . . .
Make out and sign the cheque
Note the due date
Take the form(s) and payment(s) to
the designated collection office
For All These Services And More. . .
.
A Complete Service…
… How do you feel about this?
Peace of mind
Time savings
Affordable
Convenient
Secure
Timely
Professional
Peace Of Mind