Schedule Your Free Consultation Now
Connect with us even faster by booking a meeting today at a time that works best for you.
Our Clients Gave Us 5 Star Ratings on Google
for Our Exceptional Service and Bookkeeping Process
Preparing and Reconciling Bank Statements
Reviewing and matching the bank balance with accounting records to ensure accuracy
Managing Accounts Receivable and Accounts Payable
Tracking and recording transactions related to customer receivables and generating invoices to collect funds
Recording Financial Transactions
- Sales Recording
- Purchase Recording
- Receipts and Payments
Invoice Entry and Document Management
Issuing sales invoices and recording purchase invoices. Organizing financial documents and daily transactions
Payroll Processing
Calculating and recording employee wages, benefits, and deductions. Logging payroll expenses in the accounting records and registering payments
Expense Management and Tracking
Logging ongoing expenses like rent, utilities, maintenance, and other business-related costs
BOOKKEEPING FOR BUSINESSES
We develop your financial data into meaningful information. This will enable you to make better decisions for your business. Tasks include data entry, journal entry support, year end closing and audit support.
BANK RECONCILIATION
Bank reconciliation is a crucial service that verifies alignment between your business records and bank statements, ensuring accurate financial tracking. This process helps catch errors, prevent fraud, and provide a clear picture of your cash flow, keeping your books accurate and up-to-date
PAYROLL PROCESSING
Eliminating non value added tasks such as administrating payrolls allows business owners to focus on core competencies to drive profitability. Efficient payroll processing implemented online in real time 24/7.
INVOICE PROCESSING
Invoicing is an important aspect of any business accounting. Our business consultants at Virtuous Bookkeeping will streamline your invoicing process, resulting in increased cash flow.
Instant Bookkeeping
Eliminating non value added tasks such as administrating payrolls allows business owners to focus on core competencies to drive profitability. Efficient payroll processing implemented online in real time 24/7.
Audit Preparation and Account Closing
Organizing and presenting all financial documents and records for auditing. Reviewing and closing accounts at the end of each financial period to prepare financial statements.
How We Are Different…
Dedicated Team
Access a dedicated team including an account manager, bookkeeper, reviewer and professional accountant. Comprehensive back-end support increases data integrity, reliability and accuracy.
Flat Monthly Hourly Rate
Our scaleable hourly rate options provide flexibility for you to leverage our bookkeeping services to the extent you require. There will be no last minute surprises or hidden costs.
24/7 Virtual Support
Access dedicated staff and financial information 24/7 through our virtual communication portals. Enhance productivity and decision making with readily available up-to-date information.
Flexible Payment Options
We understand that every business has unique financial needs, which is why we offer a range of flexible payment options designed to fit your budget and payment preferences.
Choose a Package Type
CASH BASIS
START-UP
Up to 20 Transactions Choose 1 add-on
$125/per month
Payroll Bookkeeping
Tracking multiple revenue
Tracking reimbursements to clients or employees
Accounting for loans, leases, or lines of credit
GROWING
Up to 50 Transactions Choose 2 add-ons
$145/per month
Payroll Bookkeeping
Tracking multiple revenue
Tracking reimbursements to clients or employees
Accounting for loans, leases, or lines of credit
ESTABLISHED
Up to 100 Transactions Choose 4 add-ons
$200/per month
Payroll Bookkeeping
Tracking multiple revenue
Tracking reimbursements to clients or employees
Accounting for loans, leases, or lines of credit
ACCRUAL BASIS
START-UP
Up to 50 Transactions Monthly Bookkeeping Annual Financial Statements Annual Financial Review Monthly Bank and Credit Card Reconciliation HST Filing
$300/per month
Cloud Storage for Documents
Payroll Processing – Up to 2 Employees
Unlimited Support
QBO, Xero, Wave or Freshbooks
Setup & Training
A/R & A/P Processing
Additional Financial Reports
GROWING
Up to 100 Transactions Bi-Weekly Bookkeeping Semi-Annual Financial Statements Semi-Annual Financial Review Monthly Bank and Credit Card Reconciliation HST Filing
$450/per month
Cloud Storage for Documents
Payroll Processing – Up to 2 Employees
Unlimited Support
QBO, Xero, Wave or Freshbooks
Setup & Training
A/R & A/P Processing
Additional Financial Reports
ESTABLISHED
Up to 150 Transactions Weekly Bookkeeping Quarterly Financial Statements Quarterly Financial Review Monthly Bank and Credit Card Reconciliation HST Filing
$600/per month
Cloud Storage for Documents
Payroll Processing – Up to 2 Employees
Unlimited Support
QBO, Xero, Wave or Freshbooks
Setup & Training
A/R & A/P Processing
Additional Financial Reports
Tasks Include:
- Day to Day Bookkeeping Entries.
- Bank Account Reconciliation.
- Payroll Processing.
- Credit Card Reconciliation.
- Accounts Payable and Receivable.
- Monthly Financial Reports.
Bookkeeping services in Toronto
Bookkeeping Company
We have served over 500 clients in Canada with our exceptional online bookkeeping services. We have served over 500 clients in Canada with our exceptional online bookkeeping services, while also helping them to adapt to their changing needs. Whether you’re in Calgary, Edmonton or Toronto, our flexible bookkeeping services are convenient and affordable for individuals, small businesses and large organizations.
- We maintain the highest standards of work ethics.
- Our qualified resources and robust infrastructure ensures top-notch services.
- We offer 24/7 client support through our virtual communication portals.
- We provide scalable hourly rate payment options, with no last-minute surprises or hidden costs.
Our Approach
Loss of tax benefits, faulty invoice creations, delayed reporting and late payroll processing are some of the biggest financial management issues businesses experience. Since Virtuous Bookkeeping was founded by a team of entrepreneurs who faced similar challenges, they came up with innovative and personalized solutions that will also suit your fiscal requirements. Transparency, dedication, constant improvement and a technology-driven workforce are the key values of our online bookkeeping company. We are a self-driven team that works together, wins together and meets challenges with determination.