Dependable Toronto Bookkeeping Services
We are a remote bookkeeping & Fractional CFO firm, and our monthly Toronto bookkeeping package offers an excellent combination of day to day bookkeeping and baked in CFO consultation time. Each month we provide Financial Reports which are reviewed by a senior accountant, so you have the information needed to run your business. By doing your bookkeeping, we gain a deeper understanding of your business model and performance, making it easy for us to quickly provide meaningful input on a wide range of issues, such as CAPEX decisions, budgeting and business strategy. Check out our indicative pricing table to see what’s included.
Pricing & Services
We try to be transparent in everything we do, and that includes our pricing. It’s indicative pricing because transaction volume isn’t the only factor affecting the price of our Toronto bookkeeping service – but it does provide a reasonable estimate for most of our clients. We also offer hourly billing for larger catchup bookkeeping jobs. To get a more accurate quote book a free call today.
Starter < 15 transactions | Essential <100 transactions | Growth >100 & <250 transactions | Established >250 transactions | |
Base price – indicative only Toronto bookkeeping service | $399/month | $499/month | $849/month | Custom Quote Only |
Catch Up Work | Custom Quote | Custom Quote | Custom Quote | Custom Quote |
Monthly Financial Reports (Unadjusted) – within 30 days of month close | Y | Y | Y | Y |
Reviewed by an accountant – monthly | Y | Y | Y | Y |
Fractional CFO Consultation Calls – 2 sessions per annum | Y | Y | Y | Y |
1 custom report per year (e.g. a budget, forecast or custom KPI tracker) | Y | Y | Y | Y |
Bank Reconciliations | Y | Y | Y | Y |
Receipt Management | Y | Y | Y | Y |
Third party integration management | Y | Y | Y | Y |
Tagging & Classes | Y | Y | Y | Y |
GST/HST preparation & filing | Y | Y | Y | Y |
PST preparation | Y | Y | Y | Y |
Software subscriptions (Accounting and receipt management software) | Y | Y | Y | Y |
Why Choose Plyo Bookkeeping?
We think our strongest selling point is our communication. The single biggest reason that clients move to us is because they’re struggling to get timely information and advice from their existing bookkeeper. We endeavour to respond promptly, and we always take the time to explain accounting issues in straight forward English – no jargon.
Here are some other reasons that you should consider our Toronto bookkeeping service:
- An in-depth knowledge of the latest cloud-based accounting solutions, including a deep knowledge of the app ecosystem that can be used to create powerful accounting solutions for a variety of industries, including eCommerce, retail, SAAS, and service companies
- We use the latest technology to make communication a breeze. We have a portal for client communication, which puts all of our queries into a centralized place, something our clients love. We also embrace Loom videos as a way of explaining topics quickly easily.
- Say goodbye to paper! We set our clients up with receipt capture tools that use their phone to easily photograph any paper invoices they receive. Just a couple of clicks with your phone and then an electronic copy of the invoice is with us for processing.
- Monthly bookkeeping services (bank reconciliations, journals, and reports)
- Timely financial reports. Our Toronto bookkeeping service guarantees to complete your books and Financial Reports within 30 days of the month closing. We can also offer faster turnarounds as a premium service
- 1 custom report per annum. This is for when you have more complex needs, such as an annual budget, a basic financial model or any other type of custom report. These are reports which would require an experienced accountant several hours to prepare, and it does not cover reports which require ongoing maintenance (such as cashflows). For more advanced monthly reporting requirements, please check out our fractional CFO page
- Payroll on a bi-weekly or monthly basis, with employee and CRA payments fully automated and managed by Plyo Bookkeeping (This is a separate service add on – see our payroll page
- GST/HST/PST compliance. Our Toronto bookkeeping service makes sure you claim as much input GST back as possible, along with filing the returns for you
- Custom solutions to more complex situations. The advantage of being a bookkeeping and CFO firm is that we have the senior level skills available to call on for more complex situations. We can assist with helping integrate different parts of your finance system, even if some aspects of it are custom made software or don’t have off the shelf integrations. We’ve worked with lots of developers, and are experienced at road mapping the finance requirements for development teams.
How We Deliver – Toronto Bookkeeping Services
We are a remote-first bookkeeping firm offering payroll and bookkeeping services to all of Canada. We may be remote, but we really make it seem like we’re just down the road. We think bookkeeping and financial advice is all about communication, and we use the latest technology to make that a breeze. Confused by something in the accounts? We’ll just make you a custom video response with visuals and examples. Can’t keep track of all the transaction query questions you’re being asked? No problem – they’re all centralized in our portal – putting them in one easy place for you to find. Learn more about our Toronto bookkeeping service by watching our ‘Welcome to Plyo’ video.
About Our Quoting Process
We charge a fixed monthly fee for our Toronto bookkeeping service, so you never get any unwanted surprises. For us to prepare an accurate quote, we would ideally get temporary access to your current accounting system. This allows us to assess the size and scope of the work. If you don’t have an accounting system, then we normally request a copy of your most recent business bank statements. We also have at least one discovery call with prospective clients, and if your needs are more complex, then we may have several calls. When we’re ready to quote, you’ll be given detailed information on how we would set up and run your accounting system – so you know exactly what’s being offered.