We offer a variety of services to cover all of your bookkeeping needs.
Accounting & Bookkeeping
We offer flexible bookkeeping solutions tailored to your business needs, including weekly, bi-weekly, monthly, quarterly, and annual services to keep your finances consistently on track. Our comprehensive support covers accounts payable and receivable, along with HST and WSIB preparation and filing to ensure compliance and peace of mind. We also handle detailed bank and credit card reconciliations, so your records are always accurate and up to date. When year-end approaches, we provide thorough reviews and professional preparation of financial statements giving you clear insights and confidence in your numbers every step of the way.
Payroll
We provide reliable, efficient payroll solutions tailored to your business, including weekly, bi-weekly, and monthly payroll processing to ensure your team is paid accurately and on time. Our services include secure direct deposit for added convenience, along with the preparation and filing of all required source deductions to keep you compliant. We also take care of preparing Records of Employment (ROEs), T4s, and other T-slips—giving you peace of mind and freeing up your time to focus on running your business.
Income Tax Returns
Penny Farthing Bookkeeping Services offers T1 Income Tax Return Services. We prepare both individual and small business returns. You can feel confident you or your business's income tax is getting filed efficiently and accurately so you can be guaranteed the best results. We also offer a yearly review of your company file for accuracy before it is sent off to your accountant.
Whether you prefer to do your taxes electronically or still like to meet in person, we can help make tax time a little less painful
Remote Access Services
Penny Farthing Bookkeeping Services also offers fully remote bookkeeping services. Remote bookkeeping, also known as virtual or online bookkeeping, involves leveraging modern technologies to handle your bookkeeping needs efficiently and securely. This allows us to help businesses both locally and across the country.
Digital receipt management
Sorting through piles of crumpled receipts when you need important paperwork can be frustrating and time-consuming. Our receipt digitization service eliminates that hassle by converting your physical receipts into an organized, secure digital system. With everything stored and categorized for easy access, finding what you need becomes quick, simple, and stress-free. Say goodbye to digging through overstuffed file folders or trekking to basement filing cabinets—no more clutter, no more paper cuts, just effortless organization.