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Calgary and Kelowna Bookkeeping Accountants

Accounting & Bookkeeping

Your accountants

Bookkeeping

S&J Management Ltd. is a management company that focuses on being a foundation for our clients in all aspects of bookkeeping, accounting, consulting, proper representation, training and guidance.

Basic Accounting Services

Bookkeeping Services

What every business must have! With your bookkeeping service, we offer additional support and consultation services which allows us to review, advice and guide your and your business throughout the year. Regular financial reports are provided with each reconciliation.

S&J Management will review your business based on tax implications, industry regulations, legal responsibilities and business management. This allows the client to continue to get on with their business day to day while we take care of your needs from all perspectives!

Monthly Bookkeeping

  • Monthly Reconciliation
  • Financial Reporting / Company Summary Reporting
  • Review GST quarterly, monthly or annual including filing and representation

Year End and Taxes

  • Year End Preparation
  • Adjusting Entries / Year End Closing Balances
  • Liaison with Accountant – Year End Support
  • Shareholder Review
  • Tax Planning

Account Receivable Management

  • AR Collections
  • AR Invoice Submission
  • Oil and Gas Invoice Submissions

Account Payable Management

  • AP Runs (reporting and payment options available)
  • Bill Payments and Direct Deposit Features
  • CRA and Government Payment Processing
  • Debt Overview (an overall look at debts outstanding with all Government(s))
  • Payment Assistance
Advanced bookkeeping services

Specialized Bookkeeping

Custom Bookkeeping Requirements

  • Tracking of multiple shareholder allocation
  • Intracompany Reconciliations
  • Merchant Statement Reconciliation
  • Accounts Receivable Tracking
  • Vendor on Accounts Tracking
  • Asset Tracking
  • Job Costing
  • Property Reporting
  • Inventory Allocation (General, Retail, Warehouse, Restaurant)
  • Trust Account Reconciliations
    Tax Exemption Reporting (Section 87)

Industry Specific Support Package

The following list below is for industry-specific needs and may not come with your bookkeeping unless requested or required.

Construction Industry

  • Job Costing
  • Labour vs COGS
  • T5018 Contract Payment Reporting
  • Holdbacks and Deposits
  • Progress Invoicing
  • Employees vs Subcontractors
  • Liens
  • Work In Progress
  • Cashflow
  • Vendor on Accounts
  • Accounts Payable and AP Runs
  • Proper WCB Reporting

Land & Building Development

  • Land and Home Inventory
  • Property Turnover
  • Land Deposits
  • Damage Deposits
  • New Home Warranty
  • Trust Funds
  • Lawyer Statement of Accounts Reconciliations
  • Mortgages
  • Loan and Land Payables
  • Property Sales
  • GST Rebates
  • Sale of Land
  • Cost of Buildings and Property
  • Cost of Equipment
  • Capitalization of Asset Improvements
  • Market Value Analysis
  • Cost of Interest During Construction

Retail, Food & Products

  • Inventory vs COGS
  • Inventory Items
  • Inventory Counts
  • Inventory on Hand
  • Shrinkage and Spoils
  • Inventory Adjustments
  • Build Assembly
  • Purchase Orders
  • Sales Orders
  • Vendor on Accounts
  • Quality Control
  • Price Control
  • FIFO – First In and First Out
  • Wholesale Pricing vs Retail Pricing
  • Customer Discounts and Returns
  • Markups
  • Gift Cards
  • Shipping and Receiving
  • KPI’s
We want to dedicate our time to you

Support and Consultation Services

It is through the bookkeeping that we can guide our clients to the next step in educating our business owners on their business. The bookkeeping allows us to understand you, as a business owner, how you make business decisions (financially) and, most importantly, that we are looking at accurate financials – then we can now better guide you to what you really need and how we can truly help you!

We want to structure our services to fill in all the gaps that your business will have in managing its finances

Post Training & Bookkeeping Support Package

  • Remote Support and Guidance
  • Closing Month End including Review and financial reviews
  • Semi – Annual or quarterly Review
  • Review GST quarterly, monthly or annual including filing and representation

Tax Planning or Year End Package

  • Shareholder Loans – What really does this mean to you?
  • Tax Planning and what are your options
  • Review of Minute Book, Share Structure and Classes and Liaison with Lawyer
  • Year End Consulting and Liaison with the Accountant

Consulting Financial Analyst Department Package

  • Assist your business to improve its position financially and operationally to get to the next level
  • Financial Reporting and understanding your financials
  • Financial Statements and Analysis
  • In-Depth analysis of your financial position
  • Report identifying where you fit within your industry
  • Strengths and Weaknesses within your company
  • Recommendations for Improvement
  • Consulting work with a data-point summary weekly/monthly or specific tax planning
  • Research of your industry Standards and Guidance

These may include but not limited to:

  • Financial and operating reporting
  • Managerial accounting support
  • Cost Accounting and Analysis
  • Profitability Analysis and Reporting
  • Ratio Analysis
  • Budgeting
  • Forecasting
  • Cashflow Management
  • Business and Financial Consulting
Let us take care of all your payroll needs

Payroll Services

Let us make it easy for you to pay not only your employees but also to guide you along the way and educate you, as the owner, on
your rights, labour standards, contracts set in place, employee handbooks and more! Its not always as easy as it looks!

Payroll Services

  • Payroll Processing and Paystub Distribution
  • Benefits, RRSP or Commission
  • Direct Deposit Features
  • Source Deduction Reminders and Processing
  • ROE Processing
  • Labour Standards Guidance and Representation

Payroll Specialities

  • Group Benefits and RRSP Contributions
  • Commissions
  • Living Out, Meal and Travel Allowance
  • Subsistence
  • Reimbursement Expenses and Company Use of Vehicles
  • Overtime Rules
  • Payroll for the Construction Industry / Job Costing Allocation
  • Hiring Children and Family Members

Year End Services

  • T4 Slip and Summary Filing
  • T4A Slip and Summary Filing
  • PEIR Reviews
  • Director Payroll Evaluation and Year End
  • Tax Planning / Shareholder Loans Review

Payroll Services

  • Payroll Processing and Paystub Distribution
  • Benefits, RRSP or Commission
  • Direct Deposit Features
  • Source Deduction Reminders and Processing
  • ROE Processing
  • Labour Standards Guidance and Representation

Payroll Specialities

  • Group Benefits and RRSP Contributions
  • Commissions
  • Living Out, Meal and Travel Allowance
  • Subsistence
  • Reimbursement Expenses and Company Use of Vehicles
  • Overtime Rules
  • Payroll for the Construction Industry / Job Costing Allocation
  • Hiring Children and Family Members

Year End Services

  • T4 Slip and Summary Filing
  • T4A Slip and Summary Filing
  • PEIR Reviews
  • Director Payroll Evaluation and Year End
  • Tax Planning / Shareholder Loans Review

WCB Services

  • Annual Return Reporting
  • Representation and Support
  • WCB Claims
  • 6 month WCB Review

Human Resources

  • Employee Group Benefit Reviews
  • Employee Contracts / Overtime Contracts
  • Employee Handbooks
  • Harassment Policies
  • Health and Safety Consultation and Implementation

WCB Services

  • Annual Return Reporting
  • Representation and Support
  • WCB Claims
  • 6 month WCB Review

Human Resources

  • Employee Group Benefit Reviews
  • Employee Contracts / Overtime Contracts
  • Employee Handbooks
  • Harassment Policies
  • Health and Safety Consultation and Implementation
We are your office

Outsourcing Your Accounting

S&J Management realizes that the large corporation will employ several employees to fill all the departments to meet their business needs. However, the SME’s or growing venture business owner also requires the same services but can not afford to employ multiple staff and hire the right professionals. S&J Management offers our Outsourcing Service to cover all these departments at a professional level and for half the cost!

  • Monthly, Weekly or Daily Bookkeeping
  • Accounts Receivable Department
  • Accounts Payable and Purchasing Manager Department
  • Year End / Controller Services
  • CFO and Financial Reporting
  • Corporate Tax Reporting
  • Legal Requirements / Corporate Registries
  • WCB Services
  • Payroll and Human Resources
  • IT / Software Implementation and Conversion
  • Inventory Management
  • Administration
  • Licensing and Regulations
Accounting for crypto

Cryptocurrency

That’s right! Cryptocurrency transactions require bookkeeping and accounting as well. Canada Revenue Agency taxes cryptocurrency transactions depending on the situation, the transaction itself and the wallet it’s held in. This will also determine how it’s taxed, either Capital Gains or Income Tax and these details make a difference in proper reporting and the proper tax attached to it. The rules on crypto are ever-changing and we keep up to date on all the changes and policies regularly to keep informed and tax compliant