TYFA Bookkeeping provides the following services :
Examine and verifying accuracy of payments, credits, deposits and withdrawals
Preparing customer’s invoices
Reconciling vendor invoices and entering them into accounting software
Recording payments received
Preparing bank deposits
Issuing cheques to the vendors
Collection of overdue accounts
Bank statement reconciliation
Processing Payroll ( weekly,bi-weekly, semi-monthly, monthly, bonuses)
Analyzing and recording business related expenses(from credit card/ cash purchases)
Calculating and timely submitting government remittances (HST, Payroll Taxes, WSIB, etc.)
Preparing necessary year end adjustments (amortization, accrual, etc.)
Maintaining vendor and customer information for future business contacts
Providing year end financial statements
Providing expert advice to the business owner(s)
Training in accounting software for daily input if required