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Accounting services play a vital role in the success of businesses. After all, aside from the services offered by these companies, money is the name of the game. Income, profits, taxes, salaries, etc. Everything has to be calculated and recorded in files in order to be able to keep track of the data and to manage various aspects related to finances, including audits and the payment of service and income taxes.

The former is a very brief overview of accounting and everything that this task entails. However, the day-to-day reality is different in each company and some decide to take charge of their own accounting, either by assigning this task to someone for whom this is not the main job, or by having a full-time accountant who works in the company. Others prefer to hire an accountant who works outside the company. It all depends on the needs and the size of the company.

Your company doesn’t have an accountant and you are looking to entrust this task to specialists? Here are some questions you should ask yourself in order to find a person or firm that meets your needs.

Why should you hire an accountant for your company?

Given the monumental importance of finance management, the services of an expert will be irreplaceable. When we want to do everything ourselves without having the knowledge and time available to devote to this task, we can miss certain things that would help us save money and be more efficient.

The accountant has an outside perspective that will allow them to notice certain practices that you or other members of your staff will not necessarily have the distance and the knowledge to apply.

Having a good accountant for your business means knowing that your finances are in good hands and that you have access to the services of a person or team of people who care about your success.

Lastly, don’t forget that you will have more time for other tasks that could help you grow your business. It's win-win!

The different services offered by a business accountant

Accountants can offer different services, depending on their specialties. Therefore, at the first meeting, you must describe your needs in order to make sure that the people who will take care of your file will be able to serve you well. That said, most accountants and accounting firms offer the same basic services:

- Bookkeeping;

- Preparing documents such as the following: T4 / RL1-T5 / RL3;

- Corporate Taxes;

- GST / QST Report;

- Payroll and government remittances;

- Tax consultations and schedules.


What criteria should you take into account when choosing an accountant?

When you decide to hire an accountant, you may want to meet several people or companies to compare the different services they offer or to see how you feel about them. Indeed, trust plays a very important role in this kind of situation. After all, these people have access to your company's most confidential data. You will not want to entrust this information to the first person you see!

The introductory meeting will help you to see the big picture. Do your homework and prepare your questions. You can ask them about their experience, certifications and specialties. Once you have met several people, you will be able to see who is best for you and sign an agreement.

Are you looking for an accountant for your company?

B2BQuotes can put you in touch with accountants specializing in business services! No matter what field you operate in (food, retail, marketing and communications, arts, construction, management, IT, etc.), we can refer certified accountants to help your business prosper!



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