Our Services

TY Payroll and Bookkeeping services understands that all businesses are not the same. Each of our clients have different needs for their businesses. Therefore, we provide both hourly quotes and a monthly quotes.

We believe in working with our clients to come up with an affordable business solution so that your business can continue its growth.

We work in the QuickBooks online and desktop platforms.

Whether you need us to set up your accounting system, or you require payroll only, bookkeeping only or full bookkeeping including payroll, we have a solution for your business.

Payroll Only

Payroll is one of the most important parts of a business. It also, is one of the most costly.

The owner of TY Payroll & Bookkeeping Services provides the background and knowledge of a Payroll Compliance Practitioner. With 16 years of experience she has dealt with every aspect of payroll, benefits, HR Management and Employment standards.

Bookkeeping Only

Bookkeeping minus payroll. For new businesses who have not yet hired employees, and Subcontractors, this service is for you.

Let our team either start you off on the right foot, or help you with your already growing business.

We offer all aspects of bookkeeping, from receipt entries to invoicing your customers and then bringing all that together for your year end. We will work with your tax accountant and provide them with the reports that they require to complete your business tax returns.

Full Bookkeeping

Bookkeeping plus payroll. This is for all businesses who have employees. Our team will provide full bookkeeping services and ensure your team gets paid on time and all your business transactions are entered and reconciled every month.

We will prepare all your year end reports and work with your tax accountant so they can finalize your year-end with ease.

Our Features

Tailored to your business needs

Start-up

Payroll Services

Quickbooks Set-up
- Chart of Accounts
- Opening balances
- Migration from other accounting program
WCB Account
- Set-up of Worksafe BC Account
Payroll Account - CRA
Business Licence
GST Account - CRA
PST Account - E-tax
Registering your business through OneStop if required

Payroll Compliant
Entering employee payroll information
Processing hours
Direct deposit of payroll through QuickBooks Payroll or pay by cheque
HR Management
Employee Benefits
Writing payroll policies
Preparing Source deductions
- provided to you for making payment online or at your bank
Preparing T4's and Government submissions
Filing Worksafe
Communication with the CRA when required

Bookeeping Services

Set-up and/or maintain Chart of Accounts
Data entry
Accounts Payable
- Enter reciepts and Invoices
- Issue Cheques
Accounts Receivable
- Create invoices
- Enter invoices if created outside of the accounting system
- Process customer payments
Journal Entries
- including adjusting entries from accountant
Reconciliations
- Bank
- Credit Card(s)
GST/PST remittances
CRA Representation
Audit Representation
Financial Reports
Year-end prepared reports
Work with your tax accountant
If needing payroll then all of the payroll services as well
Prepare T4A and T5018