Services

Support grouped around what clients usually need.

Prime Accounts Inc. supports individuals and small businesses with day-to-day accounting work, required tax filings, and the setup and administration around a business. Each service below explains what it helps with, what to have ready, and which form or resource comes next.

Accounting Support

Accounting support

Ongoing work that keeps your records current, your payroll on time, and your payments handled.

Bookkeeping Services

Helps you keep every transaction recorded and reconciled so month-end and year-end reporting stay on track.

  • Posting all financial transactions into accounting Journal using QB application
  • Bank accounts reconciliations
  • General Ledger maintenance and year end adjustments
  • Goods & Services Tax ledgers
  • Foreign currency assets reassessments
  • Fixed assets depreciation

What to provide: bank statements, receipts, invoices, and your sales and expense records for the period.

Next form or resource: Send Receipts / Expenses, Send Income / Revenue, or read Records keeping for Taxation.

Payroll Services

Helps you pay employees correctly and keep employer deductions and slips filed on time.

  • Paycheck source deduction calculations
  • Payroll direct deposits
  • Government remittances
  • T4 and ROE information slips

What to provide: employee details, pay period, hours or salary amounts, and any changes since the last run.

Next form or resource: Payroll Calculation Order, or read Payroll Information.

Cash Management

Helps you get tax and business payments out on time through the right payment channel.

  • Taxes Payments (Income Tax, GST/HST, Payroll, e.t.c)
  • Direct deposits, wire transfers and pre-authorized debits

What to provide: the payment amounts, due dates, payee details, and your banking instructions.

Next form or resource: Order a New Service or Contact Prime.

Tax & Filing

Tax & filing

Returns, statements, and year-end work prepared from the records you send in.

Income Tax Preparation

Helps individuals and corporations get their returns prepared and filed.

  • Individual Tax Return (T1 General), same day refund available on request
  • Corporate tax returns (T2)

What to provide: tax slips, income and expense records, and your prior-year return if you are a new client.

Next form or resource: Personal Tax Client Profile, or read Should I file a Tax Return?

Year-End Closings and Financial Statements

Helps you close the fiscal year and see how the business performed on paper.

  • Trial Balance and/or monthly internal statements
  • Financial Statements

What to provide: your bookkeeping records, account balances, and any year-end documents Prime requests.

Next form or resource: Order a New Service or Contact Prime.

Setup & Administration

Setup & administration

Registering a business, keeping its paperwork in order, and the extra support around it.

Business Registration

Helps you register a business or corporation correctly and keep its corporate records maintained.

  • Master Business Licence registration
  • Corporation registration with Minutes book
  • Share transfer ledgers and registers, share certificates

What to provide: the proposed business name, ownership and director details, and instructions for the registration.

Next form or resource: New Corporation Setup, or read Business Registration with CRA.

Mail Service

Helps you keep a Canadian business address with your correspondence forwarded to you.

  • Mail service (Canadian mailing address with electronic mail forwarding)

What to provide: the business name the mail will arrive under and the e-mail address for forwarding.

Next form or resource: Order a New Service or Contact Prime.

Business Consulting — Office Data Base Development

Helps you solve business, accounting, and office-software questions that fall outside routine bookkeeping.

  • Business and accounting consulting
  • Development of data base applications for office and accounting

What to provide: a short description of the task or problem and how your office currently handles it.

Next form or resource: Order a New Service or Contact Prime.

Resources

Accounting tips, useful links, and quick answers.

Work With Us

Ready to send something in?

Existing clients can send records, receipts, payroll details, and service requests through the client portal.

Open Client Portal