Accounting

Accounting

We work with you, not just for you.

Whether you’re a small business owner, entrepreneur, self-employed or a professional corporation, we have tailored Accounting & Bookkeeping solutions to differentiate your business from the rest.

At Sharad CPA Professional Corporation, we work with you to not only optimize the current financial side of things but also find out hidden costs that are robbing you of a better profit. That’s why, our clients say,“working with Sharad CPA pays for itself.”

image
Bookkeeping

Easy, affordable and reliable bookkeeping service is tough to come about, but not impossible. That’s where we come in. At Sharad CPA Professional Corporation, we aim to take burdens off your shoulders with flexible bookkeeping and accounting services tailored to meet your business, budget and requirements. 

Our team works closely with you to simplify and level up your accounting from managing receipts, invoices, and payroll to custom and easy to understand financial statements and reportings. 

Let Bookkeeping experts look after the numbers, so you can look after your business.

Financial statement (Compilation Engagement Reports)

A financial statement is an important contributor to the stability and long-term success of your business. Preparing it in accordance with the GAAP is significant for more reasons too. Especially, in making future decisions, strategic plans, business analysis, and monitoring finances, a proper yearly financial statement is key. We provide explicit financial statements that you can forward to the designated members of your business. 

Sharad CPA provides professional Compilation Engagement Reports Reports that your management team can interpret better. Our accountants can check and balance your accounting arm to ensure your financial reports and statements are correct and meet the standard. Having an external CPA partner to be there for your business in Canada is valuable. Our team assists companies requiring different financial statements for different business purposes.

Our Expertise In Financial Statements 

  • Annual Financial Statements
  • Compilation Engagement Reports
  • Analysis & Financial Advisory 
  • Cash Flow Statements 
  • Statements Of Shareholders’ Equity
GST/HST Returns

Canada levies two types of sales taxes: goods and services tax (GST) & provincial sales tax. Harmonized Sales Tax (HST) is the integrated form of nationally applied GST and varying provincial rates. Customized tax plans may require for some of the import/export goods and services.

Knowing what sales are subject to GST/HST in Canada is often confusing without expert assistance. As a broad-based consumption tax, it has a different set of rules factoring in the nature and characterization of the sale. Let our accountants handle your GST/HST returns for the sales quarter. 

Our Services 

  • Province Based GST/HST Return 
  • Assist for CRA GST/HST audits
  • GST/HST housing rebate
  • Threshold Calculation 
  • Compliance
Payroll Services

Payroll management can be a complex task and we are here to assist you. Our team has experience in managing payroll for both large corporations and small firms. Outsourcing your payroll with Sharad CPA will save you the hassle of time-consuming tasks while remaining consistent with your employees.  

  1. Payroll Policy and Management

We assist you in defining payroll policies such as salaries administration, time-keeping, paid/unpaid vacations, payment schedules and payment methods and help you to manage payroll activities. Our experts minimize possible payroll frauds and costly payroll mistakes. 

  1. Payroll Processing

Our efficient step-by-step plan for the payroll process makes your payroll reports clean and concise. 

  • Pay slips preparation- Weekly,  Bi- weekly, Semi- monthly monthly, yearly
  • CRA remittance reporting and ETD payments 
  • Online ROE preparation and fillings
  • Assist on CRA payroll audits
  1. Preparation of Tax Slips

Sharad CPA provides a complete payroll service including the preparation of Tax slips. Our experts will prepare the required tax slips and you can trust us for a swift and accurate filing. These include T4, T4A, T5, T5018 and other slips with a copy of it provided to you.

WSIB/WCB Returns

WSIB returns in Ontario follow the Workplace Safety and Insurance Act (WSIA). Our experts will let you be familiar with the reporting rights and responsibilities policies of the WSIB. 

We assist you with

  • WSIB Registration
  • WSIB reporting and fillings
+1 905-488-5999