Managing the daily administrative demands of a small business can quickly become overwhelming when you are also trying to serve customers and grow your operations. At Deborah A. Tovell Professional Corporation, we provide comprehensive bookkeeping and payroll solutions designed to give local business owners complete control over their financial records. With decades of combined practical experience, our team handles your ongoing accounting tasks, ensuring every transaction is properly categorized, balanced, and ready for accurate financial reporting.
Keeping accurate financial records is essential not only for tax compliance but also for making informed business decisions throughout the year. Whether you operate a retail shop, a service company, or an oilfield contracting enterprise in Vermilion, Mannville, Kitscoty, Lloydminster, or surrounding areas, we deliver consistent, personal attention. We take the stress out of paperwork so you can focus your time and energy on what you do best: running your business.
Our firm delivers a full range of practical day to day financial services tailored to keep your operations compliant, organized, and running smoothly.
Full Cycle Bookkeeping and Reconciliations: Accurate record keeping forms the foundation of every successful business. We manage your daily financial entries, perform monthly bank and credit card reconciliations, track accounts payable and receivable, and maintain organized general ledgers to ensure your financial statements always reflect your true operational status.
Complete Payroll Management and Direct Deposit: Paying your workforce accurately and on time is vital to maintaining employee trust and business stability. We handle end to end payroll processing, calculate statutory source deductions for CPP and EI, generate pay statements, organize direct deposits, and prepare annual T4 and T4A summaries for your workers.
GST and Government Remittances: Navigating Canada Revenue Agency deadlines requires strict attention to detail to avoid costly interest charges and late filing penalties. We track your Goods and Services Tax receivables and payables, compile quarterly or annual GST returns, calculate payroll remittances, and file accurate reports directly with the government on your behalf.
Workers Compensation and WCB Compliance: Staying compliant with Alberta Workers Compensation Board regulations involves regular reporting and accurate payroll tracking. We assist business owners with annual WCB reporting, payroll estimates, and account reconciliations to ensure your coverage remains active and your assessments remain accurate.
Year End Compilation and Financial Reporting: Having clear financial records simplifies year end tax preparation and keeps your financial partners informed. We compile neat financial statements, including profit and loss statements and balance sheets, ensuring your books are structured correctly for internal review, banking requirements, or corporate tax filings.
Dext (previously Receipt Bank) Dext is an application that allows you, the client, to forward all your bookkeeping documents to my office with very little effort. Receipt Bank securely stores your items in their cloud-based software for 10 years. This timeframe complies with the requirements of the Canada Revenue Agency.
All Receipts are store and can easily be accessed and viewed by yourself and my firm.
Receipts can be uploaded to Receipt Bank using four methods:
Suppliers can email receipts directly to your Receipt Bank Account.
You can scan and email the receipts from your personal computer to Receipt Bank.
Download the app to your smartphone or tablet and you can send an image of your bill or receipt to Receipt Bank.
You can bring all receipts to my firm. We will then upload the items to Receipt Bank for you.
The bookkeeping process is simplified using Receipt Bank. Transactions are coded and imported into the chosen accounting software.
Quickbooks is an online accounting program that provides an efficient method of bookkeeping. I am able to offer my clients wholesale pricing on QuickBooks Online. QuickBooks Online integrates with Receipt Bank. Every receipt is transferred to Quickbooks and automatically allocated to the proper income or expense account. You can choose to have your bank records integrate with QuickBooks which will reduce bookkeeping time. At any time you can review your company books and have access to current information. This aides in making sound financial decisions throughout your fiscal year. QuickBooks Online can also be used to perform payroll for a small monthly fee.
Choosing Deborah A. Tovell Professional Corporation means partnering with experienced technicians who know the ins and outs of local business accounting. Our dedicated team brings decades of hands-on bookkeeping experience across diverse regional industries, including retail, healthcare, hospitality, oilfield services, and agriculture. We combine formal business training from accredited regional colleges with advanced software tools to process your records accurately and efficiently. Our clients value our proactive communication, local accessibility, and commitment to maintaining strict confidentiality with every financial file.
As a business grows, it must hire more employees, which can result in increased payroll administration. We can assist you in implementing the controls necessary to ensure a reliable, efficient, and effective payroll system. Our firm can also help you develop a payroll system and prepare all necessary payroll tax returns in a timely manner.
Streamlining your business paperwork and securing dependable payroll support starts with a simple call to our local team. Contact Deborah A. Tovell Professional Corporation today at 780-853-2801 to discuss your bookkeeping needs or schedule a consultation. You can also visit our office at Unit 14, 5125-50 Avenue in Vermilion to learn how our tailored bookkeeping solutions can save you valuable time. Let our experienced staff handle the details while you keep your business moving forward.
