Decades of experience and multi-faceted expertise
Accounting is often called the “language of business,” but let’s be honest: it’s really the GPS. Without it, you’re just driving a very expensive car in the dark with no headlights.
We mean business
Synergestic actionables. Organic growth deep dive but circle back. User generated content in real-time.
Daily & Weekly Operations
Transaction Categorization
Sorting every sale and every expense (hosting, stock, marketing etc) into the correct categories for tax purposes
Accounts Payable
Managing your outgoing money. This includes tracking vendor invoices and ensuring bills are paid on time to avoid late fees
Accounts Receivable
Managing your incoming money. Track who owes you and send reminders for late payments
Monthly Financial Integrity
Bank & Credit Card Reconciliation
Comparing your accounting against your actual bank statements to ensure every penny is accounted for
Sales Tax Management
Track the HST collected on your sales and the ITCs (Input Tax Credits) on your expenses
Financial Reporting
Profit & Loss Statement
Determine exactly how much money you made after all expenses
Balance Sheet
A snapshot of what your company owns (assets like inventory) versus what it owes (liabilities like business loans)
Cash Flow Statement
Know how much “actual” cash you have on hand to spend vs. what is tied up in unpaid invoices
Payroll & Year-End Support
Payroll Processing
Calculate withholdings, pay employees, and issue T4 forms
Tax Readiness
Prepare business income tax, evidence and records for the CRA
Stop Chasing Receipts and Start Scaling Your Revenue
Manual data entry isn’t just a time-sink; it’s a security risk and a bottleneck for your growth. Every hour you spend manually syncing sales data, calculating taxes, or reconciling invoices is an hour stolen from your business strategy. At Innovative Consulting, we specialize in the deep integration of accounting software like QuickBooks, Xero, and FreshBooks directly into your website’s core.
