Bookkeeping & Forecasting

At YSL Consulting, our goal is simple. It's to save you time and money so you can concentrate on building your business and making more money. Our services are perfect for a small business that lack accounting and bookkeeping expertise and can't afford to hire a full-time bookkeeper. Our firm provides a range of bookkeeping services, tax prepration, financial forecasting and QuickBooks training.




Financial Forecasting

Small businesses live and die by cash flow, and we can show you how to maximize your cash so you don't come up short. We can help you devise a cash flow budget that will provide your business with the necessary checks, balances, and financial controls to guide operations; keep your banker happy; and keep those spending and investment impulses in check. We can also provide income and expense forecasts to ensure that you will have enough money in the future to grow and operate your business.

Bookkeeping Services

Every business is different, and we will custom design any of our bookkeeping services to meet your needs. Our bookkeeping service includes:

  • Accounts Payable:
    • We can manage your accounts payable to ensure your bills are paid in a timely manner while making the most profitable use of vendor terms.
  • Accounts Receivable:
    • We can invoice your customers and manage the collection of funds as required.
  • Payroll:
    • We will manage your payroll and maintain your payroll records. We can calculate deductions, pay your employees, and remit your source deductions to the appropriate government agency as well as remit your payments to CRA.
  • Financial statements:
    • We can provide year end financial statements for income tax reporting.
  • Tax preparation:
    • We can assist you in filing your income tax return based on the financial statements prepared.

    QuickBooks

    YSL Consulting is a QuickBooks Pro Advisor. QuickBooks gives you the power to manage your business more effectively by providing you with fast, easy and integrated solutions to meet the needs of your business. We can assist you in getting QuickBooks integrated into your day to day business operations. Training can be provided at your site or ours.