Bookkeeping & Payroll

We offer comprehensive Bookkeeping and Payroll Services designed to simplify your business operations, ensuring accurate records and timely payroll management. With our support, you can focus on growing your business while we take care of the financial details.

Bookkeeping Services:

1. Accurate Financial Tracking: We ensure that all financial transactions—income, expenses, invoices, and receipts—are recorded accurately. This provides you with a clear financial overview and ensures you’re prepared for tax season and audits.
2. Expense Management: Our team categorizes and tracks your business expenses, helping you manage costs and maximize your deductions. With regular reporting, you’ll have insights into where your money is going and how you can optimize your budget.
3. Bank Reconciliation: We match your bank and credit card statements with your business records, ensuring all accounts are accurate and up-to-date. This helps detect any discrepancies or unauthorized transactions early on.
4. Monthly Financial Reports: Get regular, easy-to-read financial statements, including profit and loss statements and balance sheets. These reports help you understand your business’s performance and make informed decisions.

Payroll Services:

1. Timely and Accurate Payroll Processing: We handle all aspects of payroll processing, ensuring your employees are paid accurately and on time. From calculating salaries to managing deductions, we handle it all efficiently.
2. Compliance with Tax Regulations: Our payroll experts stay up-to-date on tax regulations, ensuring compliance with income tax, CPP, EI, and other deductions. We manage filings with tax authorities, reducing the risk of penalties.
3. Employee Benefits Management: S & M Accounting helps you manage employee benefits, including health insurance, retirement plans, and other deductions. This keeps your payroll compliant and your employees satisfied.
4. Detailed Payroll Reporting: Receive detailed payroll reports that give you insights into labor costs, overtime, and tax obligations. This helps in budgeting and tracking expenses associated with payroll.

Why Choose S & M Accounting?

• Experienced Professionals: With over 25 years in the industry, our team has the expertise to manage your bookkeeping and payroll needs accurately and efficiently.
• Tailored Solutions: We customize our services to suit your business’s unique requirements, whether you’re a small startup or a large corporation.
• Data Security: We prioritize the confidentiality and security of your financial information, ensuring all sensitive data is handled securely.
• Peace of Mind: Focus on running your business while we handle the financial details. With S & M Accounting, you’ll always be in compliance and up-to-date with financial records.

Let us help you streamline your business operations and stay financially organized. For more information on our Bookkeeping and Payroll Services, contact us at 905-574-2488.