Bookkeeping
Stop Financial Guesswork, Stress-Free Bookkeeping
Stop Guessing at Your Cash Flow. Get Real-Time Financial Clarity to Make Smarter Business Decisions.
At Synergy Profits, we transform your bookkeeping from a compliance process into a strategic advantage. Our certified bookkeepers provide accurate, up-to-date financial records, ensuring you always understand your business’s status and direction. Real-time financial clarity allows you to make smarter decisions and avoid costly cash flow surprises.
Why Professional Bookkeeping Matters
82% of small businesses fail due to cash flow mismanagement. Our services help you:
- Eliminate financial guesswork with real-time reporting
- Avoid costly mistakes that lead to tax penalties
- Free up over 10 hours per month spent on manual data entry
- Improve cash flow through smarter financial management
- Forecast accurately for better decision-making
After working with Synergy Profits, we’ve reduced accounting errors to zero and gained 30% better cash flow visibility.
- Bernard, CEO, Construction company
Our Bookkeeping Solutions
From daily transactions to planning your future, we take care of all your financial bookkeeping with prudence and care.
Core Bookkeeping Services
- Daily Transaction recording
- Bank reconciliation
- Automated expense categorization (receipt capture using the app)
- Accounts payable and accounts receivable tracking
- Financial data cleanup
Advanced Reporting & Compliance
- Customized monthly financial reports specific to your business
- Custom KPI reports tailored to your business
- Preparation and filing of GST/HST
- Preparation and representation for audit
- Budget vs actual analysis
Cloud-Based Financial Control
- 24/7 access to real-time dashboard
- Multi-user access by your team
- Automated report delivery
- Secure document storage
DIY vs. Professional Bookkeeping
Feature
Self-Managed Books
Our Professional Service
Accuracy
High risk of errors
Totally accurate
Time Invested
15+ hours/month
Less than 1 hour of your time
Financial Reporting
Simple reports
Custom dashboards and KPIs
Tech Stack
Spreadsheets
Cloud-based accounting software
Support
Googling answers
Assigned bookkeeper
Industries We Serve
Specialized payroll expertise for:
Construction and trades
Retail and e-commerce
Technology and Startups
Healthcare practices
Restaurants and Food Service
Professional Services
Musical theatre and entertainment
Our Zero Disruption 5-Step Process
Free Discovery Call
A brief 15-minute call to identify your biggest financial pain points.
Comprehensive Review & Custom Setup
We begin with a thorough review of your current financial situation and all software integrations.
- Review current bookkeeping systems and processes
- Identify gaps, errors, and improvement opportunities
- Review the chart of accounts and financial structure
- Canadian accounting standards compliance evaluation
- Implementation of cloud accounting platform
- Integration of bank accounts for automated import of transactions
Historical Data Migration
We handle migrating your financial history.
- Data cleanup and verification
- Transaction categorization
- Account reconciliation for all historical periods
- Opening balance verification to ensure an accurate starting point
- Document organization
- Backup creation to protect your financial data
Process Optimization
Streamline your ongoing financial operations.
- Automated workflow creation
- Monthly closing procedures
- Approval workflow for expenses and payments
- Receipts & financial document management systems
- Team training sessions to ensure smooth adoption of new processes
- Quality control checkpoints to maintain accuracy standards.
Ongoing Management & Support
Reliable, consistent financial management.
- Daily transaction monitoring
- Weekly financial updates
- Monthly financial packages
- Quarterly reviews
- Annual compliance support for tax preparation and filing assistance
- 24/7 support access for urgent financial questions
Who This Is For
Ideal for:
- Business owners who hate financial surprises
- Growing companies need real-time information
- Founders who want to focus on growth, not spreadsheets
Not suited for:
- Businesses content with manual, outdated bookkeeping
- Businesses that don't value cost savings
Why Clients Work with Us
Never Wonder Where You Stand at Month-End Again
We reconcile your books weekly, so you’ll never need to guess where you are financially. No more unpleasant surprises.
Identify Profit Leaks Before They Drain Your Pockets
Our monthly reports bring light to concealed costs nibbling away at your margins.
Grow with Confidence, Not Guesswork
Get CFO-level financial insights without a six-figure pay.
Industry Specialization
We know the specific requirements of your particular industry.
Cloud Integration
Seamless integration with your current business applications.
Dedicated Support
Direct access to your bookkeeping expert.
Frequently Asked Questions
Find out more about our services and how your business can benefit.
Most clients are fully set up within one to two weeks. We review your existing records, establish your chart of accounts, and ensure a smooth transition. During this period, we work with you to understand your business processes and preferences.
The salary of the full-time bookkeeper ranges from $45,000 to $65,000 per year, plus benefits, training, and software costs. Our services are typically 40-60% lower in cost, but provide you with access to professionals, advanced software, and an accuracy and compliance guarantee.
Yes! Although our office is located in the GTA, we do bookkeeping, accounting, and payroll for all of Canada. Much of our work is completed online using secure software.
We are well-versed with QuickBooks, Xero, FreshBooks, and all major accounting software. We'll suggest what is best for your business or work with your current software.
Our standard package solutions include monthly financial reports within 10 business days of the month's end. Quarterly business reviews are also provided, and you can customize the reporting frequency. Your books are available to you in real-time through our client portal at any time.
Ready to Transform Your Bookkeeping?
Join 100+ businesses that have discovered the freedom of professional bookkeeping. Let’s talk about how we can deliver you real-time financial insight.
