Full Cycle Bookkeeping

Full Cycle Bookkeeping Services

Full cycle bookkeeping services are all of the day-to-day money-related tasks that help keep a business going. Things like tracking expenses, creating invoices, mailing out cheques, and making payments to vendors. They also include payroll services, deduction management, HST and GST filing, remittances to WSIB, and HST and GST. By having Infinite solutions as your full-cycle bookkeeping solution, all of your information is in one place. Day-to-day bookkeeping doesn’t take a lot of time – but the time it does takes adds up – and takes you away from the parts of your business you enjoy. Allowing Infinite Solutions to fulfill your full-cycle bookkeeping needs means that you can rest easy knowing that everything is being taken care of by experts who care as much about your success as you do.

Payroll Services

We will make sure your employees are paid on time, have their taxes withheld / remitted properly, and are able to access the benefits they are entitled to. Beyond simply issuing paycheques, we also ensure that employees get their T4s and Record of Employment (ROE) as necessary. We take care of the details so you can take care of your employees.

HST & GST

Most small and medium-sized businesses must charge and collect HST (Harmonized Sales Tax) or GST (Goods and Services Tax) on the products and services they sell. They are then required to file HST returns either monthly, quarterly or annually. Businesses must keep track of the HST collected and remit it to the Canada Revenue Agency (CRA) on a regular basis. At Infinite Solutions, we’re well-versed in the intricacies of HST and GST filing and remittances and can do so on your behalf.

WSIB Remittances

If you are an employer in Ontario, you are required to have WSIB coverage for your employees. This means that you must pay premiums to the WSIB on behalf of these employees. These premiums are based on your industry and the number of employees you have. Employers are required to remit premiums to the WSIB on a regular basis – either electronically or through paper remittance forms. At Infinite Solutions, we can take care of the WSIB remittances for your company to ensure your employees are covered.

Full Cycle Bookkeeping