BOOKKEEPING SERVICES IN VICTORIA, BC
Stress-Free Bookkeeping for Busy Victoria Businesses
We’ll take care of your books. You can focus on growing your business.
- Never miss a critical deadline or task
- Avoid last-minute stress and stay CRA-compliant year round
- Enjoy peace of mind knowing your books are in expert hands
As a Victoria business owner, your time and energy should be spent on driving growth, not crunching numbers. Partner with Citadel Point for a helping hand in keeping your records organized, accurate, and tax-ready. We’ll handle the financials so you can focus on building a thriving business in our dynamic community.
What You Get with a Citadel Point Bookkeeper
Monthly bookkeeping
Gain Control of Cash Flow with Clear and Accurate Books
Clear and concise statements
Distill financials into clear, monthly snapshots of your cash flow, balance sheet, and profit & loss.
Always accurate accounts
Reconcile bank accounts, credit card statements, and merchant accounts to ensure every transaction is accounted for.
Efficient AR management
Minimize payment delays and maximize cash flow with optimized invoicing and diligent follow-up.
daily financials
Check Off Your Financial To-Do's with Proactive Management
Track every detail
Capture every transaction, from sales and expenses to payroll and taxes, so you always have an accurate picture of your financial health.
Process payments on time
Our timely handling of payments gets everyone paid on time and maintains solid relationships with vendors.
Stay on top of banking
We take care of your day-to-day transactions—deposits, withdrawals, and transfers—without delay, so funds are always where they need to be.
tax preparation
Sail Smoothly through Tax Season with Year-Round Support
Minimize your tax burden
Identify opportunities for deductions and credits that may lower your tax liability.
Avoid costly penalties
File GST/PST/EHT returns accurately and on time to avoid late fees and tax deadlines.
Simplify payroll compliance
Take care of payroll tax calculations (CPP, EI, Income Tax) and filings, including T4s, to keep you compliant.
Our Bookkeeping Service at a Glance
AP management
Pay bills on time, optimize cash flow, and build strong vendor relationships.
AR management
Collect outstanding payments efficiently while maintaining positive customer relationships.
Bank reconciliation
Keep accurate financial records and prevent costly errors with monthly bank reconciliations.
Payroll processing
Pay employees accurately and on time with our simplified payroll process.
Expense tracking
Gain spending insights and streamline tax preparation with accurate expense categorization.
Financial statements
Make data-driven decisions with clear and concise monthly financial reporting.
Tax returns
Minimize tax burden with expertly prepared personal and corporate tax returns.
Record-keeping
Maintain accurate and up-to-date financial records with meticulous data entry and organization.
CRA correspondence
Handle CRA communications and ensure timely responses to inquiries or audits.
What Sets Citadel Point Apart?
CPA-led guidance
With a Chartered Professional Accountant (CPA), you're not just getting numbers; you're getting expert financial guidance backed by rigorous professional standards.
Rooted in Victoria, BC
Unlike the trend of outsourcing accounting overseas, we provide local, personalized support from our home-base in Victoria, BC.
One-on-one support
Gain a trusted accounting partner who understands your unique goals and provides personalized support every step of the way.
Maximum value
Benefit from the value that comes with a financial expert by your side without the cost or commitment of a full time hire.
3 Steps to Working Together
Begin your journey by scheduling a free 30-minute consultation with Melanie to discuss your business needs, challenges, and goals. This initial step is about understanding your current situation and defining your objectives, setting the stage for a personalized plan tailored to your needs.
Following our initial discussion, we’ll develop a personalized plan designed specifically for you. This plan will detail the steps and strategies we propose to support your business objectives. Expect a clear, actionable roadmap that addresses your unique circumstances.
Before committing to a longer-term partnership, we’ll begin with a trial engagement so you can be confident we’re the right fit for your business. During this initial period, we’ll put our strategies into action and demonstrate the value we bring.
Featured Insight
Controller vs. Bookkeeper: Which one is right for you?
Ready to Get Your Finances in Order?
FAQs
Do you have a question that we haven’t answered? Please get in touch and we’ll happily provide the information you’re looking for.
What are the benefits of outsourcing my bookkeeping vs. hiring a full time bookkeeper?
By outsourcing your bookkeeping, you gain several advantages:
Cost-Effectiveness: Avoid the expenses associated with a full-time employee, including salary, benefits, office space, and technology.
Flexibility: Easily scale your bookkeeping support as your business needs change.
Expertise: Benefit from the skills and experience of a dedicated bookkeeping professional ensuring your financials are handled accurately.
Time Savings: Free up valuable time to focus on running and growing your business.
Local Focus: Get tailored support from a Chartered Professional Accountant that understands the unique needs of businesses operating in Victoria, BC.
Peace of Mind: Rest assured knowing your books are accurate, tax-ready, and your financial information is secure.
How much does outsourced bookkeeping cost?
The cost of outsourced bookkeeping varies based on your business’s specific needs, the size of your company, and the complexity of your financial transactions. We offer flexible packages to ensure you get the support you need at a price that fits your budget. Schedule a free consultation to discuss your business and receive a customized quote.
How many hours of bookkeeping does my business need?
The optimal number of hours depends on your business’s size, the number of transactions, and your desired level of reporting. Typically, small businesses benefit from starting with monthly bookkeeping support and can scale up as needed. Schedule a consultation to receive a personalized assessment and recommendations.
How do I know if my financial records are accurate?
Ensuring the accuracy of your financial records requires careful attention and regular reconciliations. Here are some indicators of accurate books:
Up-to-date Transactions: All your financial transactions are recorded and categorized promptly.
Bank Reconciliation: Your bank statements consistently match your financial records.
Organized Systems: You have a well-organized system for tracking invoices, receipts, and other financial documents.
Expert Support: Consider investing in a bookkeeper or fractional controller to provide regular reviews and ensure accuracy over time.
Can you help me catch up on back taxes?
Yes, we can absolutely help you get back on track with your taxes. Here’s how:
Organize Records: We’ll help you gather and organize your financial documents to get a clear picture of your outstanding tax liabilities.
Reconcile Accounts: Ensure your records are accurate and up-to-date, minimizing the risk of discrepancies with the CRA.
Prepare Filings: Prepare and file any past-due tax returns to bring you back into compliance.
Communicate with the CRA: We can assist in communications with the CRA on your behalf, potentially negotiating payment plans or reducing penalties.
How do you ensure my financial information is secure?
Protecting your financial information is my top priority. We’re committed to staying updated on the latest security practices to ensure your financial information remains safe and secure.
Here are the key security measures we follow:
Secure Cloud Storage: We utilize cloud-based accounting software with robust encryption and security protocols to safeguard your data.
Limited Access: We strictly control access to your financial information with permission-based systems.
Data Backups: We maintain regular backups of your financial information to prevent data loss in the event of unforeseen circumstances.
Confidentiality Agreements: We uphold the highest level of confidentiality and have strict NDAs in place to protect your sensitive data.
