FREQUENTLY ASKED QUESTIONS
Lorem Ipsum is simply dummy text of the printing and typesetting industry.
Are you able to implement payroll and scheduling automation?
Yes, we are able to design and implement customized payroll and scheduling tools.
How do you ensure payroll cost-management and transparent accuracy?
By using methods that ensure payroll costs are recorded and reported upon on a timely basis. All reported information is based on validated data.
Do you ensure we are in good standing with CRA for payroll?
We can provide solutions that ensure source deductions are filed and paid on a timely basis.
Can you monitor and process payroll?
If it’s 1-15 employee payroll we can easily monitor and process on a timely basis based on our recommendations. However, for 15-200 employees, we can monitor and provide on-site training on how to process payroll.
Do you ensure the HST account with CRA is in good standing?
We can calculate HST and file the return on a timely basis. We can monitor the CRA HST account and ensure the account is in good standing.
How soon can we have better reporting?
Sales reports can be evaluated quickly and can be prioritized/improved almost immediately.
How do you ensure revenue accuracy?
A customized process is built to validate a sale from intake to bank deposits. Each transaction is tracked from the first intake to accounting system reconciliation.
How do you ensure timely revenue recognition?
A customized revenue recognition process is put in place to ensure POS balance is tracked and matched with bank deposits and accounts receivable. Month end revenue recognition cycle is implemented with proper measures and credibility checkpoints.
How do you ensure service transparency?
Monthly logs/checklists and timely progress reports to ensure transparency and client approved service.
Supplier recordkeeping?
A customized cloud storage and back-office solution with a proper audit trail process design.
How do you ensure cash flow is monitored and controlled?
Customized management reports, timely bank, A/R and A/P reconciliations and revenue recognition.
Can you build and evaluate our costing model?
We will ensure a costing structure is put in place and evaluated. A customized flex costing model can be put in place within a 3-6 months timeline.
How do you ensure your service is affordable?
Affordability is visible once the value of our service is understood as transparent and measurable. It is visible through cost savings, cash flow improvement, sales strategy measures, better payroll scheduling & transparency and many other ways a business can monitor and improve its operational accounting process.
How soon can we see results?
Results vary. However usually within 6 months to a year once a proper accounting structure is functional and a routine is being followed.
What type of software will you be using for process design?
We are not a software company. We are an internal operational accounting service provider. We work with any software and build an operational accounting process.
How do you ensure confidentiality?
Confidentiality and trust are essential to our service. We are there to ensure work is done in a timely, transparent, and trusted manner. We have strict professional guidelines that ensure no information is shared. We do give the option to work on a client site with client provided credentials and equipment.
We can calculate HST and file the return on a timely basis. We can monitor the CRA HST account and ensure the account is in good standing. Sales reports can be evaluated quickly and can be prioritized/improved almost immediately. A customized process is built to validate a sale from intake to bank deposits. Each transaction is tracked from the first intake to accounting system reconciliation. A customized revenue recognition process is put in place to ensure POS balance is tracked and matched with bank deposits and accounts receivable. Month end revenue recognition cycle is implemented with proper measures and credibility checkpoints.Do you ensure the HST account with CRA is in good standing?
How soon can we have better reporting?
How do you ensure revenue accuracy?
How do you ensure timely revenue recognition?
How do you ensure service transparency?
Monthly logs/checklists and timely progress reports to ensure transparency and client approved service.
Supplier recordkeeping?
A customized cloud storage and back-office solution with a proper audit trail process design.
How do you ensure cash flow is monitored and controlled?
Customized management reports, timely bank, A/R and A/P reconciliations and revenue recognition.
Can you build and evaluate our costing model?
We will ensure a costing structure is put in place and evaluated. A customized flex costing model can be put in place within a 3-6 months timeline.
Are you able to implement payroll and scheduling automation?
Yes, we are able to design and implement customized payroll and scheduling tools.
How do you ensure payroll cost-management and transparent accuracy?
By using methods that ensure payroll costs are recorded and reported upon on a timely basis. All reported information is based on validated data.
Do you ensure we are in good standing with CRA for payroll?
We can provide solutions that ensure source deductions are filed and paid on a timely basis.
Can you monitor and process payroll?
If it’s 1-15 employee payroll we can easily monitor and process on a timely basis based on our recommendations. However, for 15-200 employees, we can monitor and provide on-site training on how to process payroll.
