Stress-Free Accounting
Enjoy peace of mind with Perfect Bookkeeper knowing your financials are in capable hands.
Enjoy peace of mind with Perfect Bookkeeper knowing your financials are in capable hands.
WHO WE ARE
We take away your business and tax worries and get you organized by providing bookkeeping, accounting, payroll, and taxation services at great prices and with wonderful services with more than 20 years of experience. Get maximum refunds and avoid penalties! Why wait when you can contact us now?
Consolidating payroll processing involves streamlining the management of employee compensation and benefits across an organization. By centralizing this critical function, businesses can achieve greater efficiency and accuracy in payroll operations. This process typically integrates payroll tasks such as calculating wages, deducting taxes and benefits, and issuing payments into a cohesive system.
Centralizing payroll processing not only reduces the administrative burden on HR departments but also ensures compliance with regulatory requirements and improves data security. By consolidating payroll processing, companies can enhance transparency, mitigate errors, and provide employees with reliable and timely compensation. This approach allows organizations to focus more on strategic initiatives while ensuring that payroll functions smoothly and reliably support day-to-day operations.
Our Membership
Perfect Bookkeeper provides professional accounting and financial services to a wide variety of companies or industries in and around Canada.
How We Help You
Experience seamless coordination with our comprehensive services. From accounting, payroll to business planning, we bring everything together in one place.
Accounting services provide businesses with financial management, including bookkeeping, tax preparation, financial reporting, and analysis, ensuring compliance, accuracy, and informed decision-making for growth and efficiency.
Bookkeeping services involve tracking and organizing financial transactions, ensuring accurate records, managing accounts, and preparing reports to help businesses maintain financial health and comply with regulations.
Taxation services assist individuals and businesses with tax planning, compliance, and filing, ensuring accurate reporting, minimizing liabilities, and navigating complex tax laws to maximize financial efficiency and legal compliance.
Business planning is the process of outlining goals, strategies, and actions to guide a company toward growth and success. It involves forecasting, budgeting, and aligning resources to achieve objectives.
Organizing involves arranging resources, tasks, or information efficiently to achieve goals. It helps streamline processes, improve productivity, and reduce chaos, ensuring better time management and effective decision-making.
Payroll is the process of calculating and distributing employees' wages, including deductions for taxes, benefits, and other withholdings, ensuring compliance with laws and maintaining accurate records for businesses.
Training is the process of developing skills, knowledge, and abilities through practice, instruction, or experience to improve performance, enhance competency, and achieve specific goals in a particular field or activity.
Income Tax service assists with income tax filing by providing expert advice, optimizing tax returns, ensuring compliance, and helping you minimize liabilities, ultimately saving you time, money, and reducing tax-related stress.
LINKS
Whether you’re looking to streamline expense management, enhance financial reporting, or ensure payroll accuracy, these links can support your accounting needs in Pickering every step of the way.
Testimonials
Businesses thrive with Perfect Bookkeeper. Our office in Pickering offers essential support and tailored solutions for their journey to success.
Sheeba has been super helpful with our business accounting. Easy to work with and communicate.she is knowledgeable, professional and attentive to every detail. She made the entire process seamless, explaining everything clearly and thoroughly. Highly recommend.
shirley DeBond
Client
Sheeba and her team are incredible. They respond often within minutes of any inquiries. Very reasonable rates for a very professional service. I would highly recommend using them. Positive Responsiveness, Quality, Professionalism, Value
Adam Runions
Client
Excellent and remarkable advice is always given by Sheeba. She is exceptionally hardworking and deeply cares for her customers. I recommend her to anyone seeking tax advise.
Nadab Patres
Client
I abhor accounting. I don't enjoy that aspect of my business, although I appreciate its importance to any business. Sheeba and her team help me reorganize my businesses financially and clean up my relationship with CRA. I completely trust her and her attention to detail. She works on a "high vibration," and I love that.
Richard Picart
Client
Sheeba is amazing - a consumate professional who helped me get years of back taxes done, all within a very short time period. She was thorough, and I hardly had to do any legwork myself. Excellent service with a kind and helpful attitude. I highly recommend her for any of your bookkeeping or accounting needs!
Katerina Rice
Client
Very professional and knowledgeable Probably the best advice anyone can get. I definitely recommend their services I'm a client for life
marlon singh
Client
Best Services and experience with them. They filed my taxes many times. Excellent customer service. I will suggest to go with them with Confidence. I really appreciate how they treated me and recommend to everyone.
Muhammad Rashid
Client
EXPERIENCE PERFECT BOOKKEEPER
We save you from all that boring yet important paperworks! From Accounting, to Business Planning, and Payroll, we’ve got your back.
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News & Updates
Stay informed and empowered with our latest blogs & articles on accounting, Bookkeeping, Business Planning, Payroll processing, and Financial management.
Fri Dec 6
As a Canadian taxpayer, it’s easy to feel overwhelmed by the complexity of taxes. From income tax to GST/HST to other deductions, the sheer volume of rules and regulations can often lead to overpaying. However, there are simple everyday strategies that can help you optimize your taxes and reduce the burden on your wallet. Here are five essential tax tips that every Canadian should get right to avoid overpaying: 1. Maximize Your RRSP ContributionsThe Registered Retirement Savings Plan (RRSP) is one of the most effective tax-saving tools available in Canada. Contributions made to your RRSP reduce your taxable income for the year. This means that by contributing to your RRSP, you can lower the amount of income tax you owe in the short term while saving for your retirement. Make sure you’re contributing the maximum allowed each year, and if you haven’t been contributing regularly, consider catching up on past contribution room. This strategy not only reduces your current tax bill but also grows your retirement savings tax-deferred. 2. Claim All Available Tax CreditsCanadians are fortunate to have a wide range of tax credits available to them. Many individuals miss out on these credits simply because they don’t know they exist or forget to claim them. Common credits to keep an eye on include: The Canada Child Benefit (CCB) for parents with children under 18.The Medical Expense Tax Credit for those with significant health-related costs.The Charitable Donation Tax Credit for eligible donations.The Digital News Subscription Tax Credit, introduced to support Canadian media.Check the list of available tax credits each year and ensure you’re taking advantage of every one that applies to your situation. 3. Income Splitting with Family MembersIf you’re in a higher tax bracket than other family members, you might be able to reduce your overall tax burden by splitting income. There are a few strategies to do this legally: Spousal RRSPs: Contribute to a spousal RRSP to shift income to your lower-earning spouse during retirement.Family Trusts: In some cases, you can set up a family trust to allocate income to family members in lower tax brackets.Dividend Splitting: If you own shares in a corporation, you can split dividends with a spouse or adult children, reducing the overall tax liability.Make sure you consult a tax professional to avoid pitfalls and ensure you are following the rules when using income-splitting strategies. 4. Keep Track of Business Expenses (For the Self-Employed)If you’re self-employed or own a small business, keeping accurate records of your business expenses is key to minimizing your tax bill. The Canada Revenue Agency (CRA) allows you to deduct certain expenses related to running your business, including: Office suppliesEquipment and technologyTravel and meals (for business purposes)Marketing and advertising costsProfessional fees (e.g., accounting, legal)Properly tracking and deducting these expenses can significantly lower your taxable income, reducing the amount you owe. Invest in good accounting software or hire a professional bookkeeper to ensure […]
Read moreFri Dec 6
Tax season can be a stressful time for business owners, but with the right preparation, you can ensure that the process runs smoothly and efficiently. In Canada, businesses must comply with various tax regulations, and staying organized ahead of time can save you time, money, and headaches. Here are five essential steps to help you prepare your business for tax season. 1. Review Your Financial RecordsBefore tax season hits, take the time to go through your financial records to ensure everything is in order. This includes reviewing income statements, balance sheets, and cash flow reports. Make sure all transactions are accurately recorded, and that any discrepancies are addressed early on. Having clear and organized financial records will not only make your tax filing process easier but will also help identify any potential issues that need to be corrected. 2. Gather Necessary Tax DocumentsTax season involves gathering various documents, including: Income and expense reportsReceipts for business-related purchasesPayroll records and employee tax forms (T4, T4A)GST/HST returns, if applicableAny other relevant documentation such as business licenses or insurance premiumsBy gathering these documents in advance, you’ll be able to file your taxes on time and avoid missing any deductions or credits that could save you money. 3. Understand Your Deductions and CreditsAs a business owner, there are several tax deductions and credits you may be eligible for, such as: Business expenses (e.g., office supplies, utilities, and vehicle expenses)Depreciation on equipment or propertyEmployee salaries and benefitsGST/HST input tax creditsFamiliarize yourself with these potential deductions and credits to reduce your tax liability. You can also work with an accountant or tax professional to ensure you’re taking full advantage of the opportunities available to you. 4. Ensure Payroll ComplianceIf you have employees, ensuring that your payroll system is compliant with the Canada Revenue Agency (CRA) is crucial. This includes properly withholding and remitting income taxes, CPP (Canada Pension Plan) contributions, and EI (Employment Insurance) premiums. Be sure to review your payroll records and confirm that all remittances are up to date. If you haven’t already, consider automating your payroll system to ensure accuracy and minimize errors. 5. Consult a Tax ProfessionalWhile you may have a solid understanding of your business finances, taxes can be complex, and it’s easy to miss crucial details. Consulting a tax professional can provide you with expert advice on tax planning, deductions, and filing strategies. A qualified professional can also help you avoid common mistakes and ensure that your business is compliant with all CRA regulations. Tax season doesn’t have to be overwhelming. By staying organized and following these key steps, you can ensure that your business is prepared for a smooth and stress-free filing process. For expert assistance with your tax preparation, contact Perfect Bookkeepers today! Our team of professionals can guide you through every step of […]
Read moreFri Dec 6
Tax planning is not just a financial strategy; it’s an essential practice for maximizing savings, building wealth, and achieving your long-term financial goals. By minimizing tax liability, enhancing cash flow, ensuring compliance, and aligning with future objectives, Canadians can make better financial choices and secure a more prosperous future. Consulting with a tax professional can […]
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