Bookkeeping Services for Canadian Small Businesses
We help Ontario small business owners get their books in order — so they can focus on running their business with confidence. All services are remote and tailored to your needs.
Monthly Bookkeeping
Stay on top of your finances every month with Emerging Business Solution’s recurring bookkeeping service. We handle the day-to-day recording and categorization of your transactions so you can focus on growing your business — with confidence that your books are always accurate and up to
date.
Flat monthly fee — custom quoted based on your transaction volume. No surprises, ever. Book a free consultation to get your
quote.
- Monthly transaction recording and categorization
- Bank and credit card reconciliation
- Accounts payable and receivable tracking
- Monthly financial summary report
Year-round support for tax readiness
At $500/month
QuickBooks Online Clean Up
Are your QuickBooks books a mess? Transactions uncategorized, accounts unreconciled, numbers that don't add up?
You're not alone — and it's fixable. Our QuickBooks Online Clean Up service gets your books back on track, no matter how far behind they are.
What's included:
- Full review of your QuickBooks file
- Reconciliation of bank and credit card accounts
- Correction of miscategorized transactions
- HST/GST cleanup and verification
- Clear financial statements you can actually use
Who this is for: Business owners who inherited messy books, DIY-ed their bookkeeping, or haven't touched their books in months (or years).
Starting at $1,000
Xero Clean Up
Your Xero books are behind or disorganized — and it's affecting your ability to run your business.
Whether you've been doing it yourself or inherited someone else's mess, we'll get your Xero file clean, accurate, and ready to use with confidence.
What's included:
- Full review of your Xero file
- Bank and credit card reconciliation
- Correctionof miscategorized transactions
- GST/HST cleanup and verification
- Accurate financial reports you can trust
Who this is for: Business owners using Xero whose books are behind, inaccurate, or haven't been properly maintained.
Starting at $1,000
QuickBooks Setup
Starting fresh or switching to QuickBooks? Set it up
right the first time.
A poorly configured QuickBooks file causes headaches for years — wrong chart of accounts, missing HST settings, and reports that don't reflect reality. We set up your QuickBooks Online file properly from day one so you never have to undo a mess later.
What's included:
- QuickBooks Online account setup and configuration
- Chart of accounts tailored to your business type
- HST/GST tax settings configured for Canada
- Bank and credit card connections
- Opening balances entered
- Walkthrough so you know how to use it
Who this is for: New business owners, or anyone switching from spreadsheets or another accounting system to QuickBooks Online.
Starting at $450
Xero Setup
Ready to move to Xero? Start with a setup that actually works for your business.
A proper Xero setup saves you hours of frustration down the road. We configure your Xero account to match your business structure, Canadian tax requirements, and reporting needs — so you're ready to go from day one.
What's included:
- Xero account setup and configuration
- Chart of accounts tailored to your industry
- GST/HST tax settings for Canada
- Bank feed connections
- Opening balances entered
- Walkthrough and basic training
Who this is for: New business owners or anyone migrating from spreadsheets, QuickBooks, or another system to Xero.
Starting at $450
Financial Statements
Do you actually know if your business is profitable right now?
Most small business owners' guess. With accurate financial statements, you don't have to. We prepare clear, professional financial statements that show you exactly where your business stands — so you can make
confident decisions.
What's included:
- Income Statement (Profit & Loss)
- Balance Sheet
- Cash Flow Statement
- Plain-language summary of what the numbers mean
- CPA-ready format for tax filing
Who this is for: Business owners who need financial statements for a loan application, investor, CPA, or simply want to understand their business performance.
Starting at $300
Year-End Closing and Adjustments
Is your year-end coming up and your books aren't ready?
Year-end is stressful enough without scrambling to close your books. We handle all the closing entries, adjustments, and reconciliations
so your CPA gets exactly what they need — and you avoid expensive last-minute cleanup fees.
What's included:
- Month-end or year-end closing entries
- Adjusting journal entries
- Depreciation and amortization entries
- Final reconciliation of all accounts
- Trial balance and financial statements
- CPA handoff package
Who this is for: Business owners approaching year-end who want their books closed properly and their CPA ready to file without delays.
Starting at $400
Not Sure Which Service You Need?
Book a free 30-minute consultation and we'll tell you exactly what your books need — no obligation.