Professional Accounting for IT Companies

Working in the IT industry means constant evolution and fast-paced changes. You’re busy bringing in new customers, maintaining new products and services, and keeping track of employees and clients. As an IT Company, you wear a lot of hats. We want to wear one for you. At Chartered Professional Accountants, our mission is to help you focus on success by providing great accounting and bookkeeping services and advice, no matter what your size.

At BBS Accounting, we set you up for success right from the start. We help our clients choose and maintain systems relating to their cash, receivables, inventory, payables, sales, expenses, and any other accounts as required. Your professional accounting team imports bank statements categorizes transactions and prepares financial statements every month to keep your business on track.

Save time and discover how Chartered Professional Accountants’ professional accounting services for IT Companies help grow your small business.

Accounting Services for IT Companies

At BBS, our specialized knowledge of working with self-employed contractors, franchises, entrepreneurs, and IT Companies ensures that we can help create and maintain the necessary paperwork for monthly income and expenses for tax preparation and submission. Our chartered professional accountants discuss your tax and accounting needs to determine what package or hourly rate is right for you. Once we assess your business needs, we organize the information in an engagement letter for your review and approval.

Send Us Your Receipts

Send us a copy of your invoices and receipts. Just snap a photo with your phone, upload them to Receipt Bank or send us the hard copies. That’s all we need from you—leave the rest up to us.

Questions & Clarifications

Send us a copy of your invoices and receipts. Just snap a photo with your phone, upload them to Receipt Bank or send us the hard copies. That’s all we need from you—leave the rest up to us.

We Do The Rest!

Every month, we’ll automatically (and securely) download your bank statements — We’ll reconcile your account transactions with your statements and store your invoices and receipts in the cloud.

accounting for it companies

IT Companies and Organizations

Being a tech company, you know the importance of optimizing your processes to see growth through efficiency. You hire the best employees, source the best tools and materials and are ready for any project. However, you also want to make sure that you are able to make ends meet.

At BBS Chartered Professional Accountants, we love taking care of the numbers and providing comprehensive accounting services for IT Companies and Firms in the Greater Toronto Area. We help our clients choose and maintain systems relating to their cash, receivables, inventory, payables, sales, expenses, and any other accounts as required.

Some of our certified professional small business accounting services include:

Keeping Track of Your Statements

We will set up Cloud Accounting software and send you login credentials. Next, the team at Chartered Professional Accountants will ask you for your bank and credit card statements each month. Provide the required information and your books will be updated by the next month. The accounting software will update your bank account via a secure connection every day, and it ensures that we can reconcile your accounts.

Now month-end is completed, your expert accountant will accurately reconcile your bank and credit card accounts against general ledger balances and send you an email with a few uncategorized transaction queries.

accounting for it companies

About Chartered Professional Accountants

We let you do what you do best while we take care of tax remittances, payroll services and all your other bookkeeping needs. At BBS, our workflow speeds up the process while keeping you up-to-date. Our chartered professional accountants near the GTA start by sorting and organizing your existing documents and data. Together we define a means to ensure that we receive all documentation in the most time-efficient way possible.

We thrive on providing affordable, customizable tax, bookkeeping and accounting help for our clients. Our team provides you with the right information to make better decisions and keep you on track. Call our team to learn more about our professional accounting services for IT firms and companies, or to get started today!

BBS proudly offers professional business accounting services in communities near Toronto, Davisville, King West, Queen West, Yorkville and Etobicoke.