Olaya Management & Accounting Inc. offers services of the highest quality at rates you can afford. We focus on each of our clients' needs to contribute to their success. We provide a clear picture of your financial situation at all times.

Our services cover, but are not limited to:

 

Bookkeeping Services:

According to your needs we can offer on-site bookkeeping (part-time or full-time), off-site bookkeeping or remote bookkeeping.

We handle all aspects of daily bookkeeping tasks in the following areas:

• Accounts receivable:

-Prepare customer invoices

-Apply customer payments

-Contact customers to collect outstanding payments

• Account payable:

-Record supplier invoices

-Make payments to suppliers

-Review supplier invoices and orders to make sure there are no over-charges.

• Payroll:

-Process monthly, semi-monthly, biweekly or weekly payroll. This includes annually salary, hourly wage, vacation pay, holiday pay, bonus, commission.

-Prepare government payroll remittance (PD7A)

-Prepare record of employment forms (ROE)

-Prepare year-end T4, T4A and T4 summary.

• Banking:

-Reconcile all bank statements, credit card statements, line of credit, and merchant accounts (Visa, MasterCard and American Express)

-Prepare bank reconciliation reports including the deposits in transit and outstanding cheques that have not yet cleared the bank.

• Government filing:

-GST/HST, PST, Payroll source deductions, WSIB and EHT filing.

 

Income Tax Filing:

We work closely with you to minimize your tax bill and maximize your tax refund. We provide:

-Tax return preparation to individuals, self-employed, small businesses, and corporations.

-Organize your accounting records to minimize the risks of your tax returns being audited.

-Support to respond to all CRA inquires and Assistant in case you be audited.

 

Financial Statements:

We help you to run your business more efficiently providing accurate and timely financial reports such as:

-Balance sheet

-Income statement

-Accounts receivable aging reports

-Accounts Payable aging reports

-Cash flow forecast, etc.