01
Collect
Statements, invoices, receipts, payroll and source records.
Source file
Year-Round Bookkeeping
Monthly Bookkeeping & Financial Record Support
Recurring bookkeeping, reconciliations, HST/GST and payroll records, year-end working files, and catch-up support for businesses and professional practices across Ontario.
Last updated: August 2026
How Taxxel can help
Connected financial records
Bookkeeping
Year-round records
Tax
T1 / T2 support
Records
CRA / industry
Recurring bookkeeping
Stay ready all year—not just when a tax deadline arrives.
Monthly bookkeeping creates the financial record that everything else depends on: tax returns, HST/GST filings, payroll, CRA questions, financing discussions, and industry-specific records reviews.
Transaction categorization and supporting-document organization
Bank and credit-card reconciliations
Accounts payable and receivable tracking where required
Monthly P&L and balance-sheet reporting
HST/GST tracking and filing support
Payroll and source-deduction record support
Year-end working file for tax preparation
Clear outstanding-item list for follow-up
Monthly close
Capture → reconcile → review → report
A repeatable close process keeps small problems from becoming year-end reconstruction work.
Month-end control
Reconciled balances
Open-item list
Monthly reports
Year-end working file
Bookkeeping workflow
A record trail that can be followed from document to report.
Each stage produces something usable for the next stage, so month-end is more than a checklist of disconnected tasks.
02
Record
Post and classify transactions consistently across the ledger.
Updated books
03
Reconcile
Compare book balances with bank and card activity.
Matched balances
04
Review
Separate missing support, unusual items and old balances.
Exception list
05
Close & Report
Finalize the month and prepare usable financial reports.
Monthly package
Control loop
Questions found during reconciliation feed back into the source-record file instead of being ignored. That is what keeps the next month cleaner.
Books behind?
Separate backlog reconstruction from recurring bookkeeping, then move the file into a normal month-end rhythm.
Catch-up & reconstruction
Bring the historical file current before trying to maintain the present.
If months or years are missing, we assess what records exist, rebuild transactions from available support, reconcile accounts, document unresolved items, and organize the period for tax or records-review work.
Catch-Up BookkeepingIndustry workflows
Different businesses create different record trails.
The monthly workflow should reflect how money, source documents, and obligations actually move through the business—not force every client into the same generic bookkeeping template.
Law Firms
General books plus trust-record workflows, client ledgers, reconciliations, and LSO records readiness.
1Matter activity
2Trust / general records
3Monthly reconciliation
Doctors & Medical Clinics
Professional-corporation books, payroll, OHIP remittance reconciliation, private billing records, and year-end support.
1Billing / RA data
2Deposits & payroll
3Reconciliation
Real Estate
Commission records, expenses, HST/GST, PREC bookkeeping, and brokerage transaction or trust-record workflows.
1Deals & commissions
2Expenses / HST
3PREC or brokerage books
Corporations
Recurring bookkeeping, payroll and HST/GST records, shareholder activity, and a cleaner working file for T2 preparation.
1Operating records
2Month-end close
3T2 working file
More industry bookkeeping
Custom bookkeeping quote
Monthly bookkeeping from $100/month
Tell us the size and condition of the file. We will quote recurring work separately from any catch-up or industry-specific records support.
Pricing depends on
Transaction volume, bank and credit-card accounts, payroll, HST/GST filing frequency, software, backlog, and specialized records such as law-firm trust or real estate brokerage trust accounting.
FAQ
Bookkeeping questions
Related bookkeeping support
Keep the financial-record workflow connected
Monthly books work best when payroll, HST/GST, year-end tax records, and catch-up work connect to the same source-document trail.
Business Accounting & Bookkeeping
Recurring books, reports, year-end working files, and owner-managed business support.
Payroll + HST/GST Support
Coordinate recurring payroll records and sales-tax filing support with the books.
Catch-Up Bookkeeping
Bring delayed or incomplete records current before tax, financing, or a records request.
Corporate Tax & T2
Move reconciled year-end records into the corporate tax preparation workflow.
Ontario & GTA service areas
Work with Taxxel from your community
Taxxel supports businesses, professionals and individuals across Ontario. Most bookkeeping, tax and CRA records-support engagements can be coordinated securely without repeated office visits.
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