Bookkeeping & Payroll Services
Accurate records and payroll management for every business
Libra Accountax Services manages bookkeeping, reconciliations, and payroll filings so you can focus on growth. We serve clients in Toronto, the GTA, and across Canada.
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Bookkeeping & Payroll Services
Libra Accountax Services provides professional bookkeeping and payroll solutions for small and medium sized businesses. We keep ledgers accurate, reconcile accounts, and file payroll remittances with CRA so your business stays compliant. Serving clients in Toronto, Etobicoke, the GTA, and across Canada.
What Our Bookkeeping & Payroll Service Includes
- Monthly, quarterly, or annual bookkeeping
- Bank and credit card reconciliations
- Accounts payable and receivable tracking
- Expense coding and receipt management
- Payroll processing with pay stubs and direct deposit
- T4 and ROE preparation
- GST or HST tracking and return preparation
- Year end financial reporting for tax filing
How It Works
- Share your records invoices, receipts, payroll data, and statements
- We maintain clean books accurate ledgers and reconciled accounts
- Payroll is processed deductions calculated and source remittances prepared
- Reports delivered clear monthly or quarterly reports for decisions
Who We Help
- Owner managed corporations and growing teams
- Startups that need reliable monthly bookkeeping
- Contractors and freelancers who collect GST or HST
- Retail, ecommerce, and service based businesses
- Non profits that require accurate reporting
Documents Checklist
- Invoices, receipts, and expense reports
- Bank and credit card statements
- Payroll registers and employee information
- Contracts and vendor payment details
- Prior year bookkeeping or accountant records
Frequently Asked Questions
Why is bookkeeping important for my business
Accurate books show cash flow, support decisions, and keep you compliant with CRA reporting and taxes.
Do I need a bookkeeper if I use accounting software
Software is useful, but a professional service like Libra Accountax Services ensures transactions are coded correctly, reconciliations are complete, and deadlines are met.
How often should bookkeeping be done
Most businesses choose monthly bookkeeping. Some use quarterly based on volume. Monthly gives timely reporting and fewer surprises.
Can you catch up my backlog and clean my books
Yes. We perform cleanup, reconcile past periods, and prepare accurate reports so you can file on time.
What does payroll processing include
Payroll includes wage calculations, deductions, source remittances, pay stubs, direct deposits, T4 slips, and ROEs when needed.
Do you handle GST or HST filings with bookkeeping
Yes. We track GST or HST, prepare the return, and submit remittances on schedule.
Can you work with QuickBooks Online or Xero
Yes. We work with both, and we can migrate or set up your file with best practices.
Do you serve clients outside Toronto
Yes. We support clients in Toronto, the GTA, and across Canada through secure online workflows.
Can I meet at your Etobicoke office
Yes. While most bookkeeping and payroll services are managed online, in person meetings are available at our Etobicoke office by appointment.
Can you replace our in house bookkeeper
Yes. Many businesses outsource bookkeeping and payroll to reduce cost and gain reliable, scalable support.
How do you price bookkeeping and payroll
Pricing depends on transaction volume, number of employees, and filing frequency. We provide a clear quote after a short review.
ReviewsTestimonial
What Our Clients Say About Us
Sarah Mitchell
Small Business Owner TorontoLibra Accountax Services made my bookkeeping stress-free. Their team is professional, detail-oriented, and always ready to answer my questions.
David Chen
Business Director TorontoFrom corporate taxes to payroll, they handle everything smoothly with accuracy and transparency so I can focus on my business.
Mark Thompson
Restaurant Owner EtobicokeAs a business owner in Etobicoke, I rely on Libra Accountax Services for my taxes and bookkeeping. Their local expertise and personal attention have been invaluable.
Emily Rodriguez
Marketing Consultant MississaugaWorking with Libra Accountax Services has been a game-changer for my consulting business. They helped me organize my finances and provided clear insights that keep me on track every quarter.
James O’Connor
Contractor TorontoLibra Accountax Services takes the stress out of managing invoices and taxes. They’re reliable, easy to reach, and truly care about helping small business owners like me succeed.
Laura Bennett
Wellness Coach TorontoThe team at Libra Accountax Services goes above and beyond. They’re patient, friendly, and always explain everything in simple terms, I feel confident knowing my finances are in good hands.
Business Hours
Mon-Thu: 9:30 AM - 5:30 PM
Fri: 9:30 AM - 4:00 PM
Sat - Sun Closed
Let's Connect
Reach out to our team of experienced accountants. We're here to help with all your financial needs.