Monthly & Quarterly

Accounting & Bookkeeping

Complete bookkeeping — transaction categorization, bank reconciliations, and accurate month-end ledger maintenance.

CRA-authorized e-filer Serving Ontario & all of Canada Transparent, fixed quotes

Service Overview

Keep your financial records immaculate without losing valuable business hours. Lira Tax & Accounting Inc. provides complete bookkeeping solutions: transaction categorization, bank and credit card statement reconciliations, vendor accounts payable tracking, customer invoicing and receivables, month-end closes, and accurate ledger maintenance.

Bookkeeping is the foundation that tax filings, financing applications, and everyday business decisions all rely on. Standard practice means recording transactions as they occur, reconciling every bank and credit card account against the ledger, and closing out each month with a trial balance, income statement, and balance sheet — so the numbers stay current all year, not just reviewed once at tax time.

Ideal forSmall and medium business owners, retailers, contractors, and service companies.

What’s included

  • Monthly, quarterly, and annual general ledger maintenance
  • Bank, credit card, and payment processor (Stripe/Square/Moneris) reconciliations
  • Accounts Payable (A/P) and Accounts Receivable (A/R) management
  • Trial balance generation, income statement, and balance sheet preparation
  • Cloud accounting system integration with QuickBooks Online and Xero
  • Year-end tax ready bookkeeping packages and financial binders

Why choose Lira Tax for Accounting & Bookkeeping

Certified expertise, proactive planning, and clear communication — on every engagement.

Accurate books, ready when needed

Transactions are recorded and reconciled on a regular schedule, keeping the books ready for tax season, financing applications, or day-to-day decisions.

Standard cloud accounting practices

Modern bookkeeping is typically done in cloud platforms such as QuickBooks Online or Xero, giving direct, real-time access to your own financial data.

Catch-up bookkeeping is a common service

Falling behind on bookkeeping is common for growing businesses, and a structured catch-up process is the standard way to bring records back up to date.

Accounting & Bookkeeping — frequently asked questions

Straight answers about how this service works and what we need from you.

Most businesses reconcile and update their books monthly, which keeps the numbers accurate for tax time, financing, and day-to-day decisions, rather than reviewing them only once a year.

It generally means reconstructing the ledger from bank and credit card statements to bring the books fully up to date, then moving to regular ongoing bookkeeping from that point forward.

Cloud platforms such as QuickBooks Online and Xero are the most commonly used tools, since they let a business owner and their bookkeeper both access the same live data.

Generally six years from the end of the last tax year they relate to, so records need to stay organized and accessible in case of a CRA review.

Let's get your books under control

Book a free consultation. We'll review where your books stand today and give you a clear plan and quote — no obligation.