Award-Winning Bookkeeping Services in Mississauga
Get all bookkeeping-related tasks managed for your business. Work with our professional team of bookkeepers. Focus on your business growth while we provide up-to-date financial data.
No More Wasted Time & Money. Expert Bookkeeping Services You Can Count On.
Gain Significant Savings.
With a 100% accuracy rate, you can enhance the profit margin. Avoid CRA audits by covering all aspects of GST/HST filings,
Access Your Data Anytime, Anywhere.
Always access real-time financial data using top accounting software like QuickBooks Online and Xero.
No More Hidden Fees.
Save more money with a transparent pricing structure. Avoid unwanted expenses up to 20% compared to traditional bookkeeping services.
Enjoy Local Knowledge.
Searching for local solutions? Our bookkeepers reduce tax liabilities and fully comply with local regulations with a deep knowledge of Mississauga’s economy.
Our Services: Bookkeeping Services in Mississauga
Transaction Recording
- Day-to-day transaction processing
- Cash receipts and reimbursements
- Up-to-date books for sales, purchases, expenses, and payments
Bank Reconciliation
- Bank and credit card reconciliations
- Automated bank feeds
- Discrepancy identification
- Integrity of financial data
Accounts Payable and Receivable
- Accounts payable and receivable management
- Timely bill payments and customer collections
- Healthy cash flow and strong vendor/client relationships
Financial Reporting
- Financial statements preparation
- Trial balance and general journal reports
- Reports on balance sheet profit and loss
Payroll Services
- Payroll services with direct deposit
- Employee compensation and deductions management
- Accurate payroll processing and compliance
Tax Preparation
- Specializing in HST, GST, PST/RST, and WSIB returns
- Tax remittance calculations
- Personal, self-employed & corporate taxation
Financial Analysis
- Financial data insights
- Trend analysis and improvement identification
- Optimization recommendations for financial performance
Trusted By Mississauga's Up & Coming Businesses
More than 120 businesses trust SAL CPA to make their dreams come true. They have achieved great results with the help of our Mississauga bookkeeping experts.
See How Our Professional Bookkeepers Have Helped Businesses Like Yours.
Cash flow crunches prevented. Informed decisions made! Say goodbye to financial concerns with our professional bookkeeping in Mississauga.
Watch our clients explain how “SAL appears to you as a time- and money-saving bookkeeping solution partner.”
Always at Your Service.
We're your #1 bookkeeping partner. With years of expertise, our team is available 24/7 to assist you.
Experience One-on-One Help.
You deserve the best-tailored care. We assign you a dedicated accountant, just as skillful as a CFO.
Value Your Time & Money.
Never being late is our pride. SAL’s bookkeepers deeply understand the importance of deadlines.
Why Business Owners in Mississauga Choose SAL Accounting.
Only Pay When 100% Satisfied.
Money-Back Guarantee.
We believe you should only pay if you’re satisfied with our services.
Clear Answers to Any Questions.
Our Mississauga bookkeeping experts value transparent communication with clients.
Build a Reliable Partnership.
We are more than just bookkeepers. Our CPA puts time into understanding your business goals.
Why Choose SAL Accounting as Your Bookkeeping Partner in Mississauga?
The Number #1 Bookkeeping for Various Businesses in Mississauga.
Construction Managers
Struggling with project costing? We know how to track all construction project expenses and costs. Our accountants manage payroll for workers and prepare financial reports for government agencies following compliance with labor laws.
Hospitality
Do you have problems managing budgets as a hotel owner? We help you to improve your guests’ experiences. From billing processes to revenue analysis, our accountants optimize your hotel’s profitability.
Logistics Companies
Managing logistic costs is a real burden. You will have more time to focus on your business when you don’t have to calculate the cost of fuel, maintenance, and driver salaries.
Retailers & Manufacturers
Tired of regular inventory audits and managing stock reorders? We have you covered. Our bookkeeping experts have handled customer invoices, timely payments, and detailed sales reports for many store managers and owners like you.
Healthcare Professionals
Are you confused about managing your medical office finances? Countless healthcare professionals visit our CPA to have the patient billing process handled, insurance claims assessed, and all healthcare-related expenses tracked.
Restaurant Owners
Are you stressed about timely payment to food and beverage suppliers? You are in good hands. Our small business bookkeeping in Mississauga has helped many restaurant owners build their Roman empires.
Real Estate Investors
You do not want to see all your investments fail, do you? Our experts manage all property transactions for real estate investors, including sales, purchases, and leases. We also track rental income and overall expenses to lighten your road.
Startup and Entrepreneur Founders
Growing your startup is not a far-off dream anymore. Our bookkeeping for startups in Mississauga includes reports on budgeting, forecasting, cash flow management, and investments. Avoid penalties and keep your startup complies with Canadian tax regulations.
A Message from Our CPA
“Hello, I’m the founder of SAL Accounting. I know managing tax bookkeeping in Mississauga can be stressful for business owners. That’s why my team and I are committed to ease the process for you. With our expertise and experience, we ensure that your bookkeeping is accurate, compliant, and stress-free. Let us manage books so you can focus on what truly matters—confidently growing your business.”
M. SALMAN
Connect with the Best Bookkeepers in Mississauga.
Sarah Zeyneb
Jazz Thind
Alex Hart
M.SALMAN, CPA
FAQs: Bookkeeping Services in Mississauga
Should I use Quickbooks or Wave for my bookkeeping?
Wave is free, so it’s best for tiny – single-owner businesses. However, if you are going to scale, Quickbooks can be a better option. Quickbooks is the market leader for small businesses. Its best feature is that It allows you to set up automated rules. Classifying your Petro Canada payment into the Fuel category will put all future Petro Canada payments in the same category. So, over time, you do less work.
Do Bookkeepers handle payroll?
The good news is that bookkeepers offer payroll services as well. In fact, it is a part of our bookkeeping package to keep our clients satisfied. It includes processing employee payments, calculating deductions, and generating pay stubs that help you grow your business.
Can a bookkeeper file HST returns?
The answer is yes. You can rely on a bookkeeper to file HST returns for your businesses. We know how to accurately calculate the HST and ensure it complies with CRA requirements.
What are cash and accrual methods in bookkeeping?
Our bookkeepers utilize two standard accounting methods: cash accounting and accrual accounting. Cash accounting tracks income and expenses when cash is received or paid, which suits businesses with over $1 million in annual revenues. Accrual accounting is recommended for businesses with inventory, and it records transactions when earned or incurred, potentially increasing profit margins by up to 20%.
How do your bookkeepers minimize the risk of CRA audits?
Our CPA knows all professional guidelines of GST/HST, T4, and T2 filings. With regular internal audits and reconciliations, we can reduce the risk of CRA audit penalties. It saves you money since it can range from 10% to 50% of your unreported income.
Which one should I choose, monthly or quarterly bookkeeping services?
Even a 10% variance in monthly sales can affect the cash flow. Our bookkeepers usually suggest SAL’s monthly bookkeeping services if your business’s revenue is fluctuating. On the other hand, quarterly bookkeeping can be a better option for smaller businesses with stable revenue streams. However, quarterly check ups are generally better to prevent missing any early signs of financial issues
Do I need a CPA for my bookkeeping?
Typically, our accountants are responsible for doing bookkeeping for your business. However, you can count on our professional CPA if you demand advanced levels of financial planning, tax strategies, or auditing.
Is a bookkeeper able to prepare a budget?
While budget preparation is not complicated, it needs specific levels of expertise. Our CPA and accountants are experienced enough to help you with this matter. We double-check the numbers to give you a realistic vision of your financial statement. So, you choose the best approach to bookkeeping for business growth, upcoming expenses, and tax exposure.
Can bookkeepers reconcile bank accounts?
It all depends on your preferences. If you give our bookkeepers access to your bank account, we can definitely reconcile it. If you only give us view access, we monitor transactions and reconcile accounts without giving them the ability to move money. Your consent matters to our CPA, and we do not start anything without your permission.
Can I do bookkeeping myself?
Honestly, you can. But it will cost you anxiety, stress, and more complex issues. Growing a business is not easy, and you can not do it all by yourself. Outsourcing bookkeeping tasks is a wise decision when you’ve got a lot on your plate. In this way, you can focus on other aspects of your business with peace of mind.
Where is SAL Accounting located?
We are in the heart of downtown Toronto. Our office address is 330 Bay Street, minutes away from Union Station and CN Tower.
Unlock Your Business Potential with a FREE Bookkeeping Consultation.
Ready to save time and money on books? Don’t delay. Reach out today to schedule a free consultation on making the bookkeeping process simple and stress-free. Grow your business now!