Accounting that changes at the speed of business YOUR LOCAL CALGARY ACCOUNTING PROFESSIONALS

Blue Spring accounting and tax associates are the small and medium business accounting experts, and can help with all of your accounting needs including:

 

Small Business Start-up Setup, Initial Consulting and Training

Starting a new business is an exciting time, with lots of details needing your attention. It can be easy to concentrate only on all of the operational aspects of your new business, and that’s critically important, but don’t neglect your backend financial systems as well. By setting up your accounting system early on you will have a better handle on your growing business, be much better prepared for tax time, thereby reducing your expenses, and be able to correctly track deductions to better minimize taxes at the end of your first fiscal year. At Blue Spring we will get your accounting system setup properly to prepare your growing business for success now and into the future. At only $500, our start-up accounting package is a great value for any new business and will provide you with all the tools you need to get up and running:

  • 1 Year of QuickBooks Online Plus
    • Track your income and expenses
    • Send estimates and invoices
    • Download transactions from your bank accounts and credit cards accounts
    • Manage and pay bills
    • Setup multiple users with various access to your books
    • Enter bills and schedule payments
    • Create and send purchase orders
    • Track Inventory
    • Categorize your income and expenses using class tracking
    • Create budgets and estimate future income and expenses
    • Give employees and subcontractors limited access to enter time worked
    • Track sales and profitability for each of your locations
    • Android and Iphone app to produce invoices and enter expenses on the go
    • Payroll
      • Automatically calculate payroll taxes
      • Free direct deposit
      • Prepare T4 slips
  • 2 Hours of initial consulting, setup and training
    • We will sit with you and determine your specific needs and design the system around your business
    • Setup a custom chart of accounts for your business
    • Train you on how to use the systems to enter invoices, expenses, and run common business management reports to more effectively run your business
    • Train you on additional features based on your individual requirements
    • Educate you on common expenses and deductions and how to track them for tax purposes
  • 1 Hour of follow up consulting
    • We will review your entries with you and give feedback and further training to ensure you can continue to manage your books effectively moving forward
  • Access to ongoing support
    • Further help is there when you need it at affordable rates
  • Access to a tax accountant to handle your fiscal year end
    • For Blue Spring it is about creating a positive relationship and educating you to handle your business finances which will enable us to be as effective as possible in filing your taxes quickly, efficiently, and cost effectively at the end of your fiscal year

 

Accounting System Setup and Migrations

We are experienced with a variety of accounting packages including Quickbooks Desktop, QuickBooks Online, Sage One, Sage 50, Sage 300, and SAP, JDE, SMS, Lawson, and Right Angle.

If you are thinking of switching accounting systems, or your business has outgrown your existing financial control systems, we are here to help either plan your migration to a new system, or redesign your financial system processes to better utilize your existing accounting package.

By utilizing our accounting consulting services we are able to analyze your existing systems and processes, listen to what you feel are the deficiencies in your current systems, identify any other deficiencies and design new processes to better accomplish your goals coming out of the systems.

 

Budgeting and Forcasting

 

Management Reporting

 

Tax Planning

 

Payroll Services

You have a business to run. Leave it to the Payroll experts at Blue Spring to handle your payroll administration so you don’t have to. Depending on your requirements, we can:

  • Enter your employee’s time or jobs
  • Produce pay slips for printing or emailing
  • Produce government remittances for employee source deductions
  • Produce G/L entries if required
  • Submit payroll for Automatic Deposit if required, or prepare/print pay cheques

We can also develop the systems you need to handle your own payroll in-house. After meeting with you we can design, implement and train your staff on using a payroll system that is efficient and cost effective. See our payroll and accounting software here.