Accounting Services in Vermilion, AB

Deborah A. Tovell Professional Corporation in Vermilion, AB offers a wide range of services to our individual and business clients. Our clients benefit from personalized, quality service that is beyond comparison. We have listed the services that we offer to our clients, together with a brief description.
As the list below is by no means comprehensive, please feel free to inquire about a service if you do not see it listed.

Accounting Services

Providing financial information to our clients in a timely and accurate manner is a commitment that we feel cannot be compromised. Meaningful, well-organized financial records ensure that your business operations will run more efficiently daily. Our firm provides a full range of cost-effective accounting services including the following:
General ledger & financial statement preparation
Bookkeeping (Monthly/Quarterly/Annual)
Payroll preparation and reporting
Accounting system setup for new businesses
Compilation of financial statements
Audits and reviews

Bookkeeping

Meaningful, well-organized financial records ensure that your business operations will run more efficiently daily and are the foundation of a successful business. My qualified staff can assist you with the day-to-day tasks associated with bookkeeping.
Some of the new and innovative software programs my office uses are:
Dext (Previously Receipt Bank)
QuickBooks Online
Please refer to the LINKS tab at the top of the page for further information to these programs.

Bookkeeping Software

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 Online

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.

Consulting Services

We gauge our worth by the personal and business successes of our clients. We can help your business identify areas negatively affecting profitability and growth and develop solutions that are practical and technically sound. In addition to acting as a sounding board for management, we provide comprehensive, flexible strategies that address the issues affecting your business. The following are just a few of the areas in which we provide consulting services:
Accounting software selection and implementation
Business valuations
Buying/selling a business
Business process improvement
Computer systems
Financial & retirement planning
Estate planning

Tax Services

We prefer to take a proactive vs. reactive approach to tax services. By keeping current on new tax laws and legislation, we are in a position to identify key tax planning opportunities that minimize both your current and future tax liabilities. We provide our individual and business clients with the taxation expertise and knowledge that they deserve throughout the year. Tax services offered include, but are not limited to:

  • Tax planning for individuals and corporations
  • Return preparation for:
    Individuals
    Corporations
    Estates and trusts
    Not-for-profit organizations
  • Provincial and federal commodity tax planning and compliance
  • Tax considerations in matrimonial settlements
  • Tax effects of buying/selling a business
  • Tax effective retirement and estate planning

Payroll Services

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.

Audit Shield

Audit Shield provides cost effective protection and assistance should the CRA conduct an audit, enquiry, investigation, or review. This offer will cover the eligible costs of responding to the following audits:
Corporate Tax Filings
Personal Tax Filings
GST/HST Filings
Employer Compliance Audits
Business Audits
Any query of any lodged filing where the client is compelled to respond or act.