We’ll take care of your daily transactions, receipts & invoices, as well as your software setup. If you’re a business that is tired and frustrated of having to manage your bookkeeping, we can help.
Bookkeeping is often looked at as a tedious and time consuming task, which is why a lot of our clients outsource this specific responsibility.
Inaccurate financial records
Late accounts receivable and payable
Missing or incorrect expenses and owing
Improper management of receipts/invoices
Transactions not being properly categorized
If you have reached a point in your business where you want to outsource your bookkeeping to focus on other aspects of your business, we can help.
A full-time dedicated bookkeeper
A software setup to manage transactions
Expense tracking software implementation
Receipt & invoice management
Automated categorization rules
Bookkeeping includes a broad category of other sub-services which you can find below.
We will assist you in both generating emails, invoices and follow-up sequences to get your customers to pay outstanding invoices. We will also help track how many months overdue your clients are behind on payments and our attempts.
We’ll help you retriever any outstanding payments
We’ll setup both emails and invoice reminders
Follow-up and outreach service to contact accounts
You may have clients, partnerships or vendors that you need to pay. Similar to our Accounts Receivable service, we will take care of any receiving invoices and setup email reminders for us to make any outstanding payments on time.
We’ll help you budget to make payments
We’ll keep track of all outstanding payments
Setting a vetting criteria for clients and partners
If you’re currently using a bookkeeping software that you’re unhappy with, we can assist you with the migration of your financial data over to a software that you would prefer to use, or recommended by us. We’ll also take care of setups and automated rules.
Seamless bookkeeping data migration
We’ll setup your new software with automation
Payroll can be tricky and stressful because the last thing you want is to have the incorrect payroll amount sent to your worker, or you have the incorrect deductions and benefits added. We’ll setup, automate and handle your payroll to avoid this from happening.
Payroll software setup and automation
No more incorrect payroll amounts
There are many bookkeeping firms to choose from, below you will see how we stack up against them.
Clients choose us for our affordable prices, reliable in-house services, effective communication of insights, and technology strategies to automate finances.
Automate your bookkeeping categories
We stay updated with the latest technology
We don’t share or sell your information
We are a one-stop shop for all your finances
Many bookkeeping firms outsource their services overseas, but this can come with challenges such as reliability, responsiveness, and trust.
Inefficient bookkeeping processes and setup
Lack of technological understanding
May sell or share your financial data to others
Only has experience with bookkeeping
– Danny Khanna, Managing Partner
Below you will find our step-by-step process when you reach out to us for support.
Step 1 – Free Consultation: We will have a free consultation discussing your business and your business financial objectives. From there we’ll be able to determine if we’re the right fit for you.
Step 2 – Bookkeeping Strategy: We’ll identify all of your bookkeeping challenges, clean up your books, categorize transactions, setup automation rules, and provide recurring reports.
Step 3 – Software Setup: Determine if we can support your current bookkeeping software, or if we’ll need to migrate your historical transactions over to a bookkeeping software we do support.
Step 4 – Monthly Maintenance: We’ll manage your books on a frequent basis to ensure its free from error, all transactions are being categorized effectively, and all receipts/invoices are uploaded.
Below you will find Google reviews from clients who are satisfied with our service and promises.
I have had the pleasure of working with Danny as his client for over 2 years now. Very friendly, approachable and adaptable towards our schedule. He’s detailed oriented and the staff is very supportive.
It’s been a great experience so far with Danny! I’ve been using his services for the past 6 years and I’ve had a great experience, I’ve always got a high return with the taxes as compared to other services out there and he has an awesome chilled out personality.
You can drop by our Oakville accounting office at any time to discuss your business objectives and bookkeeping needs.
We use the latest technology including AI & software to help you streamline your businesses bookkeeping operations, greatly reducing costs and improving overall efficiency. Technology includes QuickBooks, Xero, FreshBooks, Botkeeper, Tipalti, and so much more.
We also provide bookkeeping for the following industries: small businesses in Oakville, trades, construction, ecommerce, crypto & day trading, and SaaS/technology.
If you would like to work with us, reach out today!
Managing Director
“I’ll be your main point of contact for bookkeeping and tax.”
Senior Accountant
“I’ll help setup and manage your bookkeeping and software.”
We have a dedicated team of bookkeepers who have a combined 15+ years of experience. They also have experience working with construction companies so they’ll be familiar with your requests and bookkeeping needs.
With regards to bookkeeping software implementation, our specialist Sachin Kaushal will help you with your onboarding needs and technical support.
MyBookly Accounting has been operating for 6+ years helping a wide variety of clients including construction and contracting.
We don’t lock our clients into any long-term contracts, nor do we believe in it. We work purely on a month-to-month basis and you have the freedom to leave anytime you want.
Bookkeeping is an on-going monthly service which falls under as a professional service deduction, which means it is tax deductible.
Generally, the average bookkeeping cost in Oakville is anywhere from $150 – $450 per month, but this will also vary depending on the number of transactions, business complexity, and software implementations.
The most popular bookkeeping providers are QuickBooks and Xero, and if you’re just getting started we recommend them due to their large # of capabilities, features and app integrations.
If you’re using another provider, reach out to us and lets see if we can help.
Depending on whether we’re able to support your current accounting software it can take 1-2 days. However if you’re using a software that we’ll need to migrate its data too, this may take 5-7 days.
– Dilan Ropero, Senior Accountant