Phoenician Accounting & Tax Services

About

We care about our clients, NOT just their books

Story

We have extensive experience serving a variety of industries:

Apparel and Textiles
We have experience with companies involved in every aspect of apparel and textiles from manufacturing to distribution and wholesale to retail.

Automotive
Phoenician Accounting automotive group provides state-of-the-art professional advice to new vehicle dealerships, stand alone vehicle leasing companies and daily rental businesses.

Film and Entertainment
Phoenician Accounting’s dedicated team of professionals help their Film and Entertainment clients successfully manage the ‘Business’ reality of this industry.

Healthcare & Medical Professional Corporations
We put our knowledge to work for private and public client organizations, helping them cope with business issues such as privatization and respond to important social needs.

High Tech
Phoenician Accounting innovation and technology group focuses on providing a broad range of professional services to companies in the emerging sectors of the new economy.

Manufacturing
Phoenician Accounting has provided industry-focused service to clients in manufacturing since the inception of our firm.

Real Estate
We provide audit and tax planning services to commercial, residential, retail and industrial real-estate developers and owner managers.

Retail and Restaurant Franchise
Phoenician Accounting’s retail consulting group helps management identify, analyze and solve the complex challenges that arise in this highly competitive and rapidly changing sector.

Trucking & Transportation

Advertising Agencies

Wholesale and Distribution
Our professionals provide valuable insight, advice and solutions in the areas of process improvement, technology implementation, warehouse productivity and financial management

Mission

Our Mission

Our goal is to free you from all of the routine accounting, and allow you the time to focus on what you do best – Build your business.

Our Values

We are committed to ensuring our clients’ compliance with government and statutory requirements and to contributing to their financial well-being. We are proud to offer quality services to our clients. We are committed to responding to all client requests and needs in a professional, thorough and timely fashion.

Our Commitment to You

Save you Time – We will save you time and worry when you entrust us with your bookkeeping, accounting and administrative needs.

Professional and Confidential – We handle this sensitive and important work with the highest professionalism and confidentiality.

Reliable – We are available for you when you need business reports to help you make informed decisions for your business. Our reports are always accurate, clear and concise.

No Surprises – We make sure that we understand your expectations from the start.

Products

Our Services
Accounting and Bookkeeping
Financial Reporting Services
Income Tax Preparation – Corporate and Personal
Microcomputer Accounting Advisory
Financial Statements
Prepare non-financial reports or schedules
(i.e. inventory lists, fuel consumption reports)

Software Support
Specializing in QuickBooks
New company set-up and annual maintenance
Other software support/assistance/training

Year-End Accounting
Prepare working paper file for your external accountants or auditors
Prepare draft year-end financial statements and related notes
Prepare reconciliation of accounts receivable and accounts payable confirmations
Respond to inquiries from your external accountants or auditors

Budgeting and Forecasting
Prepare annual operating budgets and cash flows
Prepare other financial forecasts and projections

Cash Management
Maintain daily cash flow schedule and forecasting
Prepare monthly bank reconciliation

Accounts Payable
Vendor invoice verification and entry; match to packing slips
Processing of employee expenses
Cash disbursements processing
Accounts payable aging reports
Respond to vendor inquiries

Accounts Receivable
Customer invoicing
Cash receipts processing
Accounts receivable aging reports
Prepare monthly customer statements

Payroll Accounting
Processing of daily or weekly employee timesheets
Payroll data entry/processing through ADP Canada Payroll System
Filing of monthly payroll remittances (Source deductions, EHT, WSIB)
Calculation of automobile and other taxable benefits
Prepare T4 documents, R.O.E.s and other annual payroll returns (EHT, WSIB)
Maintain employee files and other employee-related documentation
Employee benefit administration, including preparation of employee packages

General Ledger Accounting
Maintain and review general ledger
Prepare general journal entries
Filing of monthly government remittances (GST)
Prepare internal monthly financial statements for management
Prepare monthly project costing reports for management
Prepare other financial schedules, reports and analysis as requested by management