Schedule a Consultation

Accounting, Taxation, Payroll & Business

Solutions for Canadian individuals & SMEs

At Clear Fiscal, we provide comprehensive accounting, bookkeeping, taxation, payroll, and business consulting services tailored for individuals and small-to-medium enterprises (SMEs). Our goal is to help you stay compliant, make informed decisions, and achieve sustainable growth.

Schedule a Consultation
Records Managed
k
Businesses Supported
+
Client Satisfaction
%

Accounting & Bookkeeping

Taxation

Payroll Management

Receivables & Payables Management

Business Consulting

Budgeting & Forecasting

Financial Analysis

Compliance & Reporting for Small Businesses

Financial Systems Setup & Automation

Internal Controls & Risk Management

Clarity Today, Confidence Tomorrow.

Powering Business Success

Expert support for individuals and SMEs across Canada—accurate reporting, stronger compliance, better decisions.

Brantford

Toronto

Quebec

Alberta

Ottawa

Vancouver

Halifax

Our Expertise in Accounting & Finance

Accounting & Bookkeeping

Keep clean, audit ready books and timely reports. We manage your full accounting cycle so you can focus on operations and growth.

What’s included

  • Full-cycle bookkeeping (monthly/quarterly/annual)
  • Chart of accounts setup & clean-up
  • Bank/credit card reconciliations & intercompany entries
  • Accounts receivable/payable postings & accruals
  • Fixed assets, depreciation & prepaids schedule maintenance
  • Period close checklists and adjusting journal entries

Deliverables

  • Monthly management reports (Balance Sheet, P&L, Cash Flow)
  • General ledger & trial balance exports
  • Reconciliation packs with variance notes
  • Year-end handoff file for your tax preparer/auditor

Value

  • Fewer errors and faster closes
  • Clear visibility of margins, cash, and working capital
  • Audit-ready documentation and compliance discipline

Taxation

Accurate filings and proactive planning. We manage personal and corporate tax compliance with strategies that legally minimize liabilities.

What’s included

  • Corporate (T2), Personal (T1), and Trust (T3) Returns
  • GST/HST registration, filings, and elections (e.g., QST where applicable)
  • Payroll remittance setup & T4 / T4A slips
  • CRA correspondence & audit support
  • Tax planning: capital cost allowance, loss utilization, dividends vs. salary, and small business deductions

Deliverables

  • Filed returns with confirmation & payment schedules
  • Notice of Assessment review and action plan
  • Annual tax planning memo with scenarios and recommendations

Value

  • Reduced tax risk and interest/penalties
  • Optimized owner compensation and cash retention
  • Stress-free compliance and clear timelines

Payroll Management

Reliable, compliant payroll—every cycle. We streamline payroll and statutory remittances so employees are paid correctly and on time.

What’s included

  • Payroll processing (weekly/bi-weekly/semi-monthly/monthly)
  • Source deductions (CPP, EI, income tax) and CRA remittances
  • New hire setup & terminations (ROE issuance)
  • Benefits & vacation tracking; overtime rules alignment
  • Year-end T4/T4A slips and summaries

Deliverables

  • Secure pay statements & payroll registers
  • CRA remittance confirmation and month-end reports
  • Year-end filing pack and employee slips

Value

  • Fewer payroll errors and employee inquiries
  • On-time remittances and reduced compliance risk
  • Time saved with automated workflows

Receivables & Payables Management

Strengthen cash flow from both sides. We build disciplined AR/AP workflows to reduce DSO and optimize payment timing.

What’s included

  • Accounts Receivable (AR): invoicing, credit notes, aging reports, collections follow-up, cash application
  • Accounts Payable (AP): invoice capture and approvals, vendor reconciliations, payment runs, early-payment discounts
  • Terms management (customer credit limits; vendor terms)
  • Dispute handling & escalation paths; 3-way match (PO-Invoice-Receipt) where applicable

Deliverables

  • Weekly AR/Aging dashboard with risk flags
  • AP due-date calendar & payment proposal files
  • Cash conversion cycle metrics and improvement actions

Value

  • Lower DSO and fewer bad debts
  • Predictable payables and stronger supplier relationships
  • Tighter cash forecasting and liquidity control

Business Consulting

From policies to growth plans. Advisory to strengthen operations, culture, and strategy.

What’s included

  • Employee Handbooks: policies for attendance, code of conduct, health & safety, leave, performance, IT/security
  • Operational SOPs: standardized processes and controls
  • Growth & Go-to-Market: pricing models, customer segmentation, and channel strategy

Deliverables

  • Policy handbook (PDF) + rollout checklist
  • SOPs and training decks
  • Strategic plan with milestones, budget, and KPIs

Value

  • Consistent processes and stronger compliance culture
  • Clear strategic direction with execution discipline
  • Faster onboarding and reduced operational risk

Budgeting & Forecasting

Align numbers with strategy. Build realistic budgets and rolling forecasts to steer decisions throughout the year.

What’s included

  • Zero-based or driver-based budgeting frameworks
  • Revenue and cost drivers; seasonality and pricing assumptions
  • Rolling 12-month forecasts with variance analyses
  • Workforce planning and capacity modeling
  • Scenario planning (best/base/worst) and sensitivity testing

Deliverables

  • Board-ready budget pack (summary + department detail)
  • Assumption book and driver dictionary
  • Monthly variance report with insights and corrective actions

Value

  • Clear targets and accountability across teams
  • Early warning system for margin/cost drift
  • Confidence in investment and hiring decisions

Financial Analysis

Turn data into decisions. We analyze performance and projects using practical metrics and clear storytelling.

What’s included

  • Profitability analysis (product, customer, channel)
  • Unit economics, contribution margin, break-even
  • Project evaluation (NPV, IRR, payback)
  • Pricing, discounting, and elasticity analyses
  • KPI dashboards (AR days, AP days, inventory turns, gross margin, EBITDA)

Deliverables

  • Executive summary with key insights and recommendations
  • Action plan with measurable initiatives and owners

Value

  • Pinpoint profit drivers and leakage points
  • Prioritize investments with quantified business cases
  • Sharper pricing and portfolio decisions

Compliance & Reporting for Small Businesses

Make compliance simple and predictable. We map your obligations and automate reporting steps end-to-end.

What’s included

  • CRA accounts setup (programs for payroll, GST/HST, corporate tax)
  • Monthly/quarterly filings: GST/HST, payroll, information returns
  • Year-end packages for T2 and financial statements
  • Record retention standards and audit readiness
  • Internal controls and simple risk registers for owners

Deliverables

  • Compliance calendar with due dates and reminders
  • Filing confirmations and reconciliations
  • Year-end compliance checklist and documentation pack

Value

  • Fewer surprises and penalties
  • Owner peace of mind and better lender/auditor confidence
  • Time saved through standardized processes

Financial Systems Setup & Automation

We help Canadian SMEs set up and improve accounting software for efficient financial management. Our team configures platforms like QuickBooks and Sage, integrates payment gateways, and automates invoicing and expense tracking.

What’s included

  • Accounting software selection and setup
  • Chart of accounts configuration
  • Integration with banking and payment systems
  • Automation of invoicing and expense workflows
  • Staff training for smooth adoption

Deliverables

  • Configured Accounting Software (QuickBooks, Sage) with chart of accounts tailored to your business 
  • Integrated Banking & Payment Gateways for seamless transactions 
  • Automated Workflows for invoicing, expense tracking, and reconciliations 
  • User Training Materials (guides and live sessions for staff) 
  • System Documentation Pack including setup details and best practices

Value

  • Reduce manual errors and save time
  • Real-time financial visibility
  • Scalable systems that grow with your business

Internal Controls & Risk Management

Robust internal controls reduce financial and compliance risks. We create control frameworks for Canadian SMEs, with clear duty separation, secure approvals, and anti-fraud measures. Our risk management approach detects vulnerabilities and delivers effective safeguards.

What’s included

  • Internal control assessment and design
  • Risk register and mitigation strategies
  • Approval workflows for payments and expenses
  • Fraud detection and prevention measures
  • Compliance checks aligned with CRA and industry standards

Deliverables

  • Internal Control Framework customized for your operations 
  • Risk Assessment Report with a prioritized risk register and mitigation strategies 
  • Approval Workflow Maps for payments, expenses, and procurement 
  • Fraud Prevention Checklist and monitoring guidelines 
  • Compliance & Audit Readiness Pack with documentation templates and control testing procedures

Value

  • Reduce financial and operational risks
  • Improve audit readiness and transparency
  • Build trust with stakeholders and lenders

Track Record of Success

Make compliance simple and predictable. We map your obligations and automate reporting steps end-to-end—so your filings, records, and year-end packages stay organised and audit-ready.

Returns Filed
+
Tax Savings
$ M+

The Right Choice for You

Expertise You Can Trust

Canadian accounting and tax knowledge that protects your business.

Secure & Confidential

Safe handling of sensitive financial records and data.

Fast & Accurate Service

Timely reporting, payroll runs, and filing support.

Client-First Approach

Clear communication and solutions tailored to your needs.

Clear Fiscal didn’t just manage our finances — they made them understandable.
Business Owner
Business Owner

Got questions? We’ve got answers!

Explore our FAQs

Do you work with both individuals and small businesses?

Yes, we provide tailored services for individuals, startups, and SMEs across Canada.

Absolutely. We handle registration, periodic filings, and ensure compliance with CRA requirements.

Yes, we provide secure virtual collaboration and on-site support when needed.

We offer transparent pricing with fixed-fee packages or hourly rates based on scope and complexity.

Yes, we work with QuickBooks, Sage, and other popular platforms.

 

Yes, we create customized handbooks aligned with Canadian labor laws and your company culture.

We maintain accurate records, timely filings, and provide audit-ready documentation for peace of mind.

They prevent fraud, ensure accurate financial reporting, and protect assets. Strong controls also improve audit readiness and lender confidence.

Financial risks (errors, fraud), operational risks (process gaps), and compliance risks (CRA filings, payroll obligations).

 

Yes, we deliver a detailed risk register with mitigation strategies and priority actions.

Clarity Today, Confidence Tomorrow.

Take Control of Your Finances Today

Schedule Your Consultation Today!

Get in touch