Bookkeeping Services 

Client Accounting Services (CAS) involve outsourcing your key financial operations — such as bookkeeping, payroll, reporting, and even controllership or CFO support — to a trusted team that acts as your external finance department. At Welch LLPProfessional bookkeeping involves managing all the daily financial records of your business. From tracking income and expenses to reconciling accounts and preparing reports. Welch LLP’s bookkeeping services cover everything from document management and payroll to invoicing, bill payment, and expense tracking.

Our goal is to ensure your books are accurate, organized, and compliant so you can make informed financial decisions.

Professional bookkeeping at Welch LLP covers the complete maintenance of your accounting records.

Services typically include:

• Recording business transactions in QuickBooks Online
• Monthly bank and credit card reconciliations
• Processing receipts, bills, and expenses through Dext
• Payroll processing and remittances
• Sales tax calculation and filing
• Monitoring and clearing of suspense and clearing accounts
• Preparation of monthly financial statements

The focus is on accuracy, consistency, and records that support compliance and reporting requirements.

Outsourcing your accounting gives your business access to a full team of experienced professionals without the expense of hiring in-house.

Welch LLP’s CAS experts manage your bookkeeping, payroll, budgeting, and reporting,  freeing your time to focus on operations, clients, and growth. You’ll gain peace of mind knowing your finances are managed accurately, deadlines are met, and your business decisions are backed by real-time insights.

Outsourcing accounting improves outcomes when responsibility is clearly defined and processes are enforced.

Under Welch LLP’s CAS model:

• Transactions are recorded consistently in a standardized chart of accounts
• Bank, credit card, payroll, and balance sheet accounts are reconciled monthly
• Sales tax is calculated, reviewed, and filed with the appropriate tax authorities
• Payroll remittances and employer obligations are processed on schedule
• Financial statements are prepared on a predictable close cycle
• Issues are identified early and addressed before they compound

This structure reduces operational risk, supports compliance, and gives management reliable financial information for decision-making.

Elevate by Welch LLP is our cloud-based bookkeeping solution designed to simplify and automate financial management. It allows you to access your books anytime, from anywhere, while ensuring your data is secure and always up to date. Through cloud technology, you get real-time financial insights, automated processes, and seamless integration with your existing business tools.

Elevate by Welch LLP is our internal CAS operating framework. From a client perspective, it results in consistency and reliability.

It governs:

• How bookkeeping work is performed and reviewed
• How month-end closes are structured
• How exceptions and anomalies are escalated
• How reporting is standardized across periods

Clients experience this as predictable processes, timely reporting, and fewer surprises.

Welch LLP works with businesses of all sizes and industries — from startups to established corporations. Whether you’re a growing company that needs reliable bookkeeping support or an enterprise seeking scalable accounting processes, our team provides customized solutions that evolve with your business needs.

Our bookkeeping services are designed for organizations that require reliable financial records and compliance support.

This includes:

• Small and mid-sized businesses
• Growing companies with increasing transaction volume
• Nonprofits and regulated organizations
• Multi-entity and franchise structures
• Businesses preparing for financing, sale, or audit

If accurate books matter to your stakeholders, our services are a fit.in controlled systems with defined access and recovery procedures, rather than on personal devices or informal file storage.

Yes. Our bookkeeping services include full payroll administration, expense reporting, and compliance with GST/HST/PST, EHT, and WSIB requirements. We also prepare annual financial statements and corporate tax returns to ensure your company stays compliant and organized year-round.

Yes. Payroll and tax compliance are integrated into our bookkeeping services.

This includes:

• Payroll processing and remittances
• T4, T4A, RL-1, and RL-2 preparation
• GST, HST, QST, and PST filings
• Employer Health Tax and WSIB reporting
• Coordination with year-end tax filings

Compliance work is managed on an ongoing basis, not deferred to year-end.