Outsourced Bookkeeping for Accounting Firms in Canada
White-label bookkeeping and GST/HST working papers for Canadian CPA firms, done in your files under your procedures.
Bookkeeping for CPA Firms overview
In most Canadian accounting firms, bookkeeping eats the hours that should go to review and advice: bank feeds to clear, receipts to chase, GST/HST to reconcile before anyone can start on the year end. Outsourced bookkeeping moves that work to a remote team, so your staff spend their time on review, planning and the client conversations only your firm can have.
HOF Partners works as a white-label bookkeeping team for Canadian CPA firms from our office in Dubai. We work inside your QuickBooks Online and Xero subscriptions, use your chart of accounts and checklists, and never contact your clients unless you ask us to. Your firm keeps the relationship, the review and the sign-off, and files every return with the CRA.
We start with a small batch of client files so you can check our work against your own standards before handing over more. Each file gets a written procedure: close dates, the threshold for raising queries, how GST/HST and PST are coded, and what the year-end package must contain. Work posted during your night is waiting for review when your office opens.
Prefer to talk it through first? Call +971 54 542 4854 or email info@hof-partners.com.
What your firm gets from us
- Monthly and quarterly bookkeeping
- Bank feeds cleared, transactions coded and every bank, card and loan account reconciled for each client on the schedule you set.
- GST/HST working papers
- Tax collected and input tax credits reconciled to the ledger each period, with exceptions listed for your reviewer.
- Year-end files
- Adjusted trial balance, lead schedules and supporting reconciliations, ready for your CSRS 4200 compilation and T2 preparation.
- Catch-up and cleanup
- Late or untidy files brought current before you take a new client on, with a written note of what we corrected.
- Client query lists
- Open items gathered into one list per client, worded so you can forward it unchanged under your firm's name.
- Payroll reconciliations
- Payroll journals checked against the payroll provider, and source deduction balances agreed to the CRA's PD7A statement.
Your firm takes on more clients this season without adding a desk.
Questions about Bookkeeping for CPA Firms
Only if you want them to. By default we work behind your firm: queries come to you in a list you can forward, and any email to a client goes out under your firm's name or from a mailbox you control.
QuickBooks Online and Xero for the books, plus Dext, Hubdoc or whichever receipt tool your firm already uses. Year-end schedules are delivered in Excel in the layout your reviewers expect. See QuickBooks Online and Xero bookkeeping.
No. We prepare the adjusted trial balance, lead schedules and reconciliations behind them. Your firm performs the CSRS 4200 compilation engagement and prepares, reviews and files the T2, because those are your professional responsibilities. We hold no Canadian CPA designation.
We work under named logins in your QuickBooks Online and Xero subscriptions, with only the permissions each file needs, and you can remove access at any time. Client documents stay in your software or your shared folder. We sign your confidentiality agreement and can agree data handling terms that support your obligations under PIPEDA before work starts.
Book a free consultation. We agree a pilot of a few client files, write the procedure for each and complete a full close, so your reviewers can judge the work before you decide to send more.
More ways we can help
All services- BookkeepingMonthly books for Ontario and BC businesses, reconciled, GST/HST-ready and closed on the same date every month.
- GST/HST BookkeepingGST, HST and PST coded as you trade, input tax credits supported, and every return prepared for you to approve.
- QuickBooks & XeroCanadian QuickBooks Online and Xero files set up for your province's sales taxes, kept current and reconciled every month.
Talk to us about white-label bookkeeping
Tell us what you need. Your message goes straight to our accountants, and we aim to reply within one business day.