This Is Different! What Is It and Why Do It?
Our corporate clients invest in our subscription-based plan (monthly plan). This was implemented after years of feedback from our clients to alleviate some of the stressors they experienced when dealing with accountants in the past.
The hourly billing model is outdated and causes stress to clients. And we pride ourselves on being client focused!
Our aim is to:
1) Provide Consistency- Clients have a variety of services they require and they want the security of knowing what it will cost. They want to be able to plan their finances and budget effectively.
2) Reduce Financial Stress- Most clients find their year-end to be incredibly stressful- anticipating all of those big bills rolling in (Federal taxes, Provincial taxes, GST, etc.) and then…. BAM! Your year-end accounting services invoices!
This is eliminated with our monthly subscription plan. Your year-end monthly invoice is the same as every other month!
3) Encourage Communication- Clients hesitate to contact their accountants because they know that they will be billed for their calls and emails. They often struggle to determine if it’s worth it financially to reach out. This often leads to missed opportunities and potentially more headaches for both parties at year end. NO MORE! Now you have unlimited access to us.*
*Does not include advisory services or consultations beyond the scope of your package or disbursement fees for annual return filings, courier expenses, etc..
The hourly billing model is outdated and causes stress to clients. And we pride ourselves on being client focused!
Our aim is to:
1) Provide Consistency- Clients have a variety of services they require and they want the security of knowing what it will cost. They want to be able to plan their finances and budget effectively.
2) Reduce Financial Stress- Most clients find their year-end to be incredibly stressful- anticipating all of those big bills rolling in (Federal taxes, Provincial taxes, GST, etc.) and then…. BAM! Your year-end accounting services invoices!
This is eliminated with our monthly subscription plan. Your year-end monthly invoice is the same as every other month!
3) Encourage Communication- Clients hesitate to contact their accountants because they know that they will be billed for their calls and emails. They often struggle to determine if it’s worth it financially to reach out. This often leads to missed opportunities and potentially more headaches for both parties at year end. NO MORE! Now you have unlimited access to us.*
*Does not include advisory services or consultations beyond the scope of your package or disbursement fees for annual return filings, courier expenses, etc..
What Does The Corporate Monthly Subscription Plan Include?
Your individually tailored package includes whatever services you may require including, but not limited to:
The Preparation and Filing of your
- Financial Information/Statements (Compilation Engagements)
- Federal and Provincial Corporate Taxes
- Personal Taxes
- T4 Slips and Summary for Employees
- T5 Slips and Summary for Shareholders
- Annual Returns (Provincial Registries and Corporation Canada)
- GST returns
- Etc.
If your company requires monthly bookkeeping services or bookkeeping to prepare your accounts for the year-end process, that would be included as well!
The Preparation and Filing of your
- Financial Information/Statements (Compilation Engagements)
- Federal and Provincial Corporate Taxes
- Personal Taxes
- T4 Slips and Summary for Employees
- T5 Slips and Summary for Shareholders
- Annual Returns (Provincial Registries and Corporation Canada)
- GST returns
- Etc.
If your company requires monthly bookkeeping services or bookkeeping to prepare your accounts for the year-end process, that would be included as well!
How Do You Pay?
We will set you up with monthly auto-withdrawals from your corporate bank account through our bank/merchant "Helcim". You no longer have to worry about that either!
How To Benefit The Most From Our Plans?
Our plans are based on the timing of your corporate year-end date so sign up immediately with upon incorporation or at your current year-end! This ensures that you are billed 12 monthly low payments over the next year.
Example 1- You’ve just incorporated!
If your package is $7,500 for all services for your specific needs and you incorporate June 1, 2023 your year end date is going to likely be May 31, 2024.
Your subscription begins June 1, 2023 and will be $625/month ($7,500/12) plus GST. This will cover all services included in your package and will continue indefinitely unless you add services, our rates change, or you wish to discontinue.
Example 2- Your Year End is 6 months away!
If your package is $7,500 and your year-end is approaching then the timing is condensed! Therefore, we would first consider the services required and modify in case some services won't apply until the following year.
For simplicity's sake, using the full $7,500 just to make this example simple:
Your fees until your year-end date (catch up period): $1,250/mth ($7,500/6)
Your fees after your year-end date: $625/mth ($7,500/12)
Example 3- You’re a little behind and you require your year-end done for a prior period!
Don’t worry- we’ve got you!
You would be billed for the actual services required for the prior year end (due at that time) and would immediately be put on a monthly subscription membership plan for current/future services.
Example 1- You’ve just incorporated!
If your package is $7,500 for all services for your specific needs and you incorporate June 1, 2023 your year end date is going to likely be May 31, 2024.
Your subscription begins June 1, 2023 and will be $625/month ($7,500/12) plus GST. This will cover all services included in your package and will continue indefinitely unless you add services, our rates change, or you wish to discontinue.
Example 2- Your Year End is 6 months away!
If your package is $7,500 and your year-end is approaching then the timing is condensed! Therefore, we would first consider the services required and modify in case some services won't apply until the following year.
For simplicity's sake, using the full $7,500 just to make this example simple:
Your fees until your year-end date (catch up period): $1,250/mth ($7,500/6)
Your fees after your year-end date: $625/mth ($7,500/12)
Example 3- You’re a little behind and you require your year-end done for a prior period!
Don’t worry- we’ve got you!
You would be billed for the actual services required for the prior year end (due at that time) and would immediately be put on a monthly subscription membership plan for current/future services.
Things To Note:
We no longer provide annual fee services. Therefore, all our corporate clients are on our subscription membership plan. Hourly billing is avoided at all costs where possible!
Want To Hop On Board?
Let’s have a chat! Book your corporate consultation here!