Magistral Books Canada

Services

Bookkeeping

Online bookkeeping
Bank & Credit cards reconciliation
Preparation of financial statements
Accounts Payable & Accounts Receivable
Fixed Assets & General ledger






Payroll

Payroll Tax Remittances
Employer Health Tax (EHT)
Annual payroll returns
T4, RL-1 slips preparation & filling
Worker's compensation insurance
Record Of Employment (ROE)




Tax Preparation

Sales tax return (GST, HST, QST)
Individual tax return
Corporate tax return
Partnership tax return
Trust tax return
US & International Tax
Non profit organization return



Tax planning

Salary/Dividend tax planning
International/Offshore tax planning
Research & Development (SR&ED) tax credit
Estates & Trusts tax advisory







Tax Representation

Tax Audit
Canada Revenue Agency (CRA) disputes
Voluntary Disclosures Program (VDP)
Payment agreement
CRA Extension requests





Advanced Accounting

Accounts Payable management
Fixed assets management
Deferred revenue
Accruals & Prepaids
Multi-provincial reporting
Consolidation of multiple entities
Cash flow planning
Budget & Variance analysis
Employees credit card tracking

CFO (chief financial officer)

KPIs (Key Performance Indicators)

Strategic business advice
Business financing
Business exit strategy
Board meeting support




Business Registration

Sole proprietorship
Company incorporation

Partnership registration
Non profit organization






Other Services

Accounting system setup
Bookkeeping clean up
Prior Year's Taxes (Back Tax Filling)
System efficiency & optimization