BOOKKEEPING SOLUTIONS FOR YOUR BUSINESS NEEDS

McGahey Accounting is an accounting and bookkeeping firm based in Eastern Ontario and working with businesses throughout Canada. We specialize in full cycle accounting management of small and medium sized public, private, and non-profit businesses.

SERVICES

 

Accounts Payable and Accounts Receivable

Tracking vendor invoices and employee expenses, and invoicing customers. Work with major banks’ payment platforms as well as third party payment and receipt collection applications.

Bank Account Reconciliation and Cash Management

Bank reconciliations in multiple currencies, foreign exchange realization, and project cost analysis.

Balance Sheet Account Management

Management and analysis of balance sheet accounts, including prepaid expenses, fixed assets, inventory, accrued liabilities, long-term liabilities, and deferred revenues.

 

Cleanup and System Implementation

Cleanup of company’s prior accounting records and transitioning accounting functions to modern digital applications to achieve more efficient and organized processes.

Financial Reporting

Work with CFOs and other directing officers and company stakeholders to provide financial reporting, financial analysis, budgeting, cash forecasting, and audit preparation and support.

Government Remittances

Government HST and/or PSB rebates, EHT returns, and preparation for year-end income tax filing.

 
 

Payroll

Company payroll for employees in both Canada and the United States. Necessary payroll remittances and other payroll filings, including Record of Employment and T4 creation.

 
 

INTERESTED?

We’re here to discuss how McGahey Accounting can help your business.