FAQs
Since we have already understood your accounting requirements in detail; therefore, now is the time to set up your cloud accounting software, custom design and document your workflow, train you or your team and provide monthly checklists.
Normally, we take less than 30 days to complete the onboarding process. However, given the backlog bookkeeping catchup and complexities involved, onboarding process can take longer than the usual 30 days.
Yes, we charge one-time set up fee for custom design workflows, software setup, and training. We offer up to 50% discount on backlog catch up bookkeeping.
Our contracts are simple. It’s a services agreement with no fixed term. You can cancel service with 30 days notice.
We set up preauthorized debit agreement (PAD) so that pre-decided monthly payment can be directly charged to bank account on a fix monthly date.
No, we are not a CPA firm as defined by the Chartered Professional Accountants authorities of North America.
Nor we offer any services which fall under the jurisdiction of these authorities. An example of such services are corporate tax advisory and planning, statutory audit and filings, forensic audit. We have partnership with number of CPA firms who can assist our clients with these services if necessary.
There are many bookkeeping software that Transcounts uses: QuickBooks, Xero, Wave, and FreshBooks. We use the bookkeeping software that best fits your specific business needs.
We are not a Chartered Professional Accountant (CPA) firm, but we will collaborate closely with your auditors and year-end accountants to provide them with the necessary reports and assist them in resolving any queries they may have.
Yes, we provide various financial reports and statements, including profit and loss statements, balance sheets, and cash flow statements. The frequency of these reports can be customized to your needs, but we typically recommend monthly reports to help you monitor your financial performance more closely.
We offer various bookkeeping services, including recording financial transactions, reconciling bank statements, managing accounts payable and accounts receivable, and preparing financial reports and statements. We also offer customized services such as budgeting and forecasting, payroll management, and sales tax preparation and filing. Our packages are tailored to meet the unique needs of each client.
We take security and confidentiality seriously and implement measures such as encryption, password protection, limited access, regular backups, and offsite storage to safeguard your data. We comply with all applicable laws and have a confidentiality agreement with our employees and contractors.
As you soon as the engagement letter is signed, your onboarding starts right away and depending on the volume of catch-up bookkeeping and complexities involved – it can take somewhere between 1-6 weeks. However, you start receiving financial reports within first 30 days.
T4 and ROE preparation and delivery are included in our monthly rate. For additional tax slips like T4A and T2200, kindly inform us during the sales process.
For standalone payroll service, a minimum requirement of 5 paid employees is usually applicable. However, if you are combining payroll with other services like bookkeeping, there is no minimum requirement.
Absolutely! Whether your employees are based in a single location or scattered across the country, we can handle their payroll and ensure proper management of pay and tax deductions in compliance with provincial/territorial regulations specific to their respective locations.
Yes, we can provide the payroll data needed for your grant application, including employee salaries, deductions, and other relevant information, ensuring a comprehensive and accurate submission.
The cost of bookkeeping services can vary depending on several factors, such as the size and complexity of your business, the volume of transactions, the level of expertise required, and the location of the service provider. Generally, our bookkeeping services fees can range from $499 per month.
Your kickoff typically occurs within a week of signing the contract, and depending on any necessary catch-up bookkeeping, you may begin receiving reports within a month.
Your kickoff typically occurs within a week of signing the contract, and depending on any necessary catch-up bookkeeping, you may begin receiving reports within a month.
We take security and confidentiality seriously and implement measures such as encryption, password protection, limited access, regular backups, and offsite storage to safeguard your data. We comply with all applicable laws and have a confidentiality agreement with our employees and contractors.
Do you have more questions?
Bookkepping
The cost of bookkeeping services can vary depending on several factors, such as the size and complexity of your business, the volume of transactions, the level of expertise required, and the location of the service provider. Generally, our bookkeeping services fees can range from $499 per month.
There are many bookkeeping software that Transcounts uses: QuickBooks, Xero, Wave, and FreshBooks. We use the bookkeeping software that best fits your specific business needs.
We are not a Chartered Professional Accountant (CPA) firm, but we will collaborate closely with your auditors and year-end accountants to provide them with the necessary reports and assist them in resolving any queries they may have.
Yes, we provide various financial reports and statements, including profit and loss statements, balance sheets, and cash flow statements. The frequency of these reports can be customized to your needs, but we typically recommend monthly reports to help you monitor your financial performance more closely.
We offer various bookkeeping services, including recording financial transactions, reconciling bank statements, managing accounts payable and accounts receivable, and preparing financial reports and statements. We also offer customized services such as budgeting and forecasting, payroll management, and sales tax preparation and filing. Our packages are tailored to meet the unique needs of each client.
We take security and confidentiality seriously and implement measures such as encryption, password protection, limited access, regular backups, and offsite storage to safeguard your data. We comply with all applicable laws and have a confidentiality agreement with our employees and contractors.
As you soon as the engagement letter is signed, your onboarding starts right away and depending on the volume of catch-up bookkeeping and complexities involved – it can take somewhere between 1-6 weeks. However, you start receiving financial reports within first 30 days.
Payroll
For pricing please contact us as multiple factors influence the cost, such as employee count, payment method, unionization status, location, and benefits offered. We’ll be glad to assist you further!
T4 and ROE preparation and delivery are included in our monthly rate. For additional tax slips like T4A and T2200, kindly inform us during the sales process.
For standalone payroll service, a minimum requirement of 5 paid employees is usually applicable. However, if you are combining payroll with other services like bookkeeping, there is no minimum requirement.
Absolutely! Whether your employees are based in a single location or scattered across the country, we can handle their payroll and ensure proper management of pay and tax deductions in compliance with provincial/territorial regulations specific to their respective locations.
Yes, we can provide the payroll data needed for your grant application, including employee salaries, deductions, and other relevant information, ensuring a comprehensive and accurate submission.
Accounting
The cost of hiring an accountant in Vancouver, Canada varies based on factors such as the complexity of the financial situation, expertise required, scope of work, and pricing structure. Typically it starts at $999.
The cost of bookkeeping services can vary depending on several factors, such as the size and complexity of your business, the volume of transactions, the level of expertise required, and the location of the service provider. Generally, our bookkeeping services fees can range from $499 per month.
Your kickoff typically occurs within a week of signing the contract, and depending on any necessary catch-up bookkeeping, you may begin receiving reports within a month.
Your kickoff typically occurs within a week of signing the contract, and depending on any necessary catch-up bookkeeping, you may begin receiving reports within a month.
We take security and confidentiality seriously and implement measures such as encryption, password protection, limited access, regular backups, and offsite storage to safeguard your data. We comply with all applicable laws and have a confidentiality agreement with our employees and contractors.
Pricing
We understand that trust is most important factor when you collaborate with an accounting partner and so do we.
Therefore, we use frameworks like AWS (Amazon Web Services) to prevent any security threats. We have a certified team, utilize demonstrated innovative tools, and consider ourselves responsible consistently. Indeed, you can totally entrust Transcounts with your confidential data, accounting services and real time financial reporting for your business.
Bookkepping
The cost of bookkeeping services can vary depending on several factors, such as the size and complexity of your business, the volume of transactions, the level of expertise required, and the location of the service provider. Generally, our bookkeeping services fees can range from $499 per month.
There are many bookkeeping software that Transcounts uses: QuickBooks, Xero, Wave, and FreshBooks. We use the bookkeeping software that best fits your specific business needs.
We are not a Chartered Professional Accountant (CPA) firm, but we will collaborate closely with your auditors and year-end accountants to provide them with the necessary reports and assist them in resolving any queries they may have.
Yes, we provide various financial reports and statements, including profit and loss statements, balance sheets, and cash flow statements. The frequency of these reports can be customized to your needs, but we typically recommend monthly reports to help you monitor your financial performance more closely.
We offer various bookkeeping services, including recording financial transactions, reconciling bank statements, managing accounts payable and accounts receivable, and preparing financial reports and statements. We also offer customized services such as budgeting and forecasting, payroll management, and sales tax preparation and filing. Our packages are tailored to meet the unique needs of each client.
We take security and confidentiality seriously and implement measures such as encryption, password protection, limited access, regular backups, and offsite storage to safeguard your data. We comply with all applicable laws and have a confidentiality agreement with our employees and contractors.
As you soon as the engagement letter is signed, your onboarding starts right away and depending on the volume of catch-up bookkeeping and complexities involved – it can take somewhere between 1-6 weeks. However, you start receiving financial reports within first 30 days.
Payroll
For pricing please contact us as multiple factors influence the cost, such as employee count, payment method, unionization status, location, and benefits offered. We’ll be glad to assist you further!
T4 and ROE preparation and delivery are included in our monthly rate. For additional tax slips like T4A and T2200, kindly inform us during the sales process.
For standalone payroll service, a minimum requirement of 5 paid employees is usually applicable. However, if you are combining payroll with other services like bookkeeping, there is no minimum requirement.
Absolutely! Whether your employees are based in a single location or scattered across the country, we can handle their payroll and ensure proper management of pay and tax deductions in compliance with provincial/territorial regulations specific to their respective locations.
Yes, we can provide the payroll data needed for your grant application, including employee salaries, deductions, and other relevant information, ensuring a comprehensive and accurate submission.
Accounting
The cost of hiring an accountant in Vancouver, Canada varies based on factors such as the complexity of the financial situation, expertise required, scope of work, and pricing structure. Typically it starts at $999.
The cost of bookkeeping services can vary depending on several factors, such as the size and complexity of your business, the volume of transactions, the level of expertise required, and the location of the service provider. Generally, our bookkeeping services fees can range from $499 per month.
Your kickoff typically occurs within a week of signing the contract, and depending on any necessary catch-up bookkeeping, you may begin receiving reports within a month.
Your kickoff typically occurs within a week of signing the contract, and depending on any necessary catch-up bookkeeping, you may begin receiving reports within a month.
We take security and confidentiality seriously and implement measures such as encryption, password protection, limited access, regular backups, and offsite storage to safeguard your data. We comply with all applicable laws and have a confidentiality agreement with our employees and contractors.
Pricing
We understand that trust is most important factor when you collaborate with an accounting partner and so do we.
Therefore, we use frameworks like AWS (Amazon Web Services) to prevent any security threats. We have a certified team, utilize demonstrated innovative tools, and consider ourselves responsible consistently. Indeed, you can totally entrust Transcounts with your confidential data, accounting services and real time financial reporting for your business.
Since we have already understood your accounting requirements in detail; therefore, now is the time to set up your cloud accounting software, custom design and document your workflow, train you or your team and provide monthly checklists.
Normally, we take less than 30 days to complete the onboarding process. However, given the backlog bookkeeping catchup and complexities involved, onboarding process can take longer than the usual 30 days.
Yes, we charge one-time set up fee for custom design workflows, software setup, and training. We offer up to 50% discount on backlog catch up bookkeeping.
Our contracts are simple. It’s a services agreement with no fixed term. You can cancel service with 30 days notice.
We set up preauthorized debit agreement (PAD) so that pre-decided monthly payment can be directly charged to bank account on a fix monthly date.
No, we are not a CPA firm as defined by the Chartered Professional Accountants authorities of North America.
Nor we offer any services which fall under the jurisdiction of these authorities. An example of such services are corporate tax advisory and planning, statutory audit and filings, forensic audit. We have partnership with number of CPA firms who can assist our clients with these services if necessary.