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About Us
The smartest thing to do with your Business
If you are looking for a Professional Bookkeeper with expert knowledge of Quick Books I can help you. I am a bookkeeper with over fifteen years of experience and am a certified Quick Books user. I am also pursuing the C.P.A. (Certified Public Accountant) designation. I learned tax preparation from H & R Block and worked for BDO Dunwoody one of the leading Chartered Accountant firm in Canada.
I also have an excellent level of knowledge in Microsoft Excel.I am able to conduct a full range of accounting activities including Accounts Payable, Accounts Receivable, and Bank reconciliation, Payroll, GST/PST and Government Remittances. I can prepare personal and corporate income tax returns as well.
Ravindra Khanna has been working as an accountant for over 10 years.
FAQ's (Frequently asked Questions)
If your business is too small to hire an in-house accountant or you simply
don’t have the desire to do it yourself, you should consider outsourcing the task. While QuickBooks
is used by many small-business owners, the software can be more complicated than first realized. By
outsourcing your accounting, you free yourself to focus on other aspects of your business.
RNK Professional Corporation started 15 years back.
No, we do not outsource any of our tax preparation services. All of our tax
return and accounting work is completed by firm employees.
Truthfully, not all business owners see the need, but our clients sure do! We
provide consulting and business advice throughout the year. Our proactive approach allows you to see
trends earlier, and spot any issues before they become larger problems. Monthly financial statements
are a tool to stay on top of your business, which allows you to focus on growing your profits.
Pricing for our payroll services includes a base fee which is based on the
frequency of your payroll, a fee for each employee, and the number of Wage and Tax Statement that
need to be filed. Other contributing factors include garnishments, new hires, and if you're doing
business in other states.
As your business expands, your financial needs and concerns are going to be
dramatically different than they were even a year ago. There are three tell-tale signs you’ve
outgrown your firm:
- They can’t help you when you need to borrow money or expand your business
- They can’t provide advice for your business plan or expansion goals
- They file something incorrectly because it was too complex.
Many small- and mid-size businesses fail to adequately measure and manage their
finances, even though poor financial management is a major cause of business failure. If you don’t
have good financial practices in place, your business could suffer in a number of ways, including
lost revenue, insufficient tax planning, and missed financial opportunities. A great monthly
accounting service will handle your profit and loss statements, monthly balance sheets, and regular
account reconciliation to help you take back control of your finances without much effort on your
part.
You should include items from a few categories: revenue, cost of goods sold,
cost of labor, and operating expenses.
We primarily use two systems: Creative Solutions Accounting and Quickbooks.
That being said, we will work with other systems depending on your preferences and needs.
Pricing for our monthly accounting services varies by your company’s needs. Our
pricing is not based on the size of your company, rather our pricing model is based on your
company’s accounting activity and the complexity of your financial statements. We will work with you
to arrive at an affordable, fixed monthly fee. Our fixed-monthly fees are all-inclusive; services
provided include profit and loss statements, balance sheets, bank reconciliation, business tax work,
sales tax filings, audit representation, and unlimited consultations.
We store a copy of your your tax return and the working papers to prepare the
return electronically for seven years. We recommend that you keep your copy of your return and
original documents for the same time period.
Our firm operates on a tiered team based approach. The person you interact with
will likely be part of team that will be working on your return. We operate in a way to be efficient
and cost effective to deliver you an accurate tax return and/or accounting services.
Contact us. We welcome the opportunity to speak with you, answer all your
questions, and work out all the details of how AccountingDepartment.com can help you. If it looks
like we have the right solution, then try our service and experience the peace-of-mind so many of
our clients now enjoy.