Monthly Financial Statement Services

Our team of trusted financial advisors and highly qualified and experienced accountants at our Edmonton accounting firm provide small and medium-sized businesses with detailed, accurate, and timely monthly financial statements and, tax planning and preparation. Our services are tailored to your business needs and are designed to add value to your business by helping you develop solid business strategies to improve profits and grow your business.

Some of the Challenges of Running a Successful Business

When was the last time you examined closely your company’s income statement?
Do you understand the information on monthly income statements?
Do you know your company’s bottom line at the end of the month?
Do you have a clear picture of your expenses and revenue at the end of each month?
Are you prepared to meet the challenges of your “seasonal slowdown”?
Can you keep track of the performance of your employees?
Are you struggling to find time to meet your monthly and annual government payments such as your GST/HST, taxes?
Can you pay your suppliers, and other expenses in a timely manner?
Are you having difficulty keeping track of what is owed to you by your clients and getting them to pay you on time?
Is it difficult for you to find the time to manage your business affairs?
Is your business struggling or even failing?
Do you need financial advisors and accountants who understand the unique challenges and opportunities of your industry so they can help you take the right next step to grow your business?
Do you have access to an online platform that can provide you with the financial information you need to make the right business decisions?

Why You Need Accurate Monthly Financial Statements

Easily evaluate the financial outcomes of key initiatives.
Monitor your business’ performance and financial condition.
Identify and fix issues effectively before becoming more serious.
Monitor management costs and operational expenditures.
Monitor employee performance.
Monitor your cash flow.

Keep track of taxes owed and loan payments.
Keep track of suppliers and any changes in pricing.
Avoid banking errors.
Keep track of the effects of seasonality, if it applies to your business, and how it is impacting your business.
Easily and quickly identify issues, in general, and take advantage of opportunities.
Make accurate predictions and plan your budget more effectively.

How ATS Accounting & Tax Edmonton Can Help You Save Time and Money

Financial Monthly Statements Within 15 Days

ATS Accounting & Tax Edmonton will provide you with your monthly financial statements within 15 days after the end of each month. What’s more, our financial advisors will schedule a meeting with you to review your financial statements and answer any questions you may have. During our meeting, we will also offer you an objective perspective of your financial situation and make recommendations to help you optimize your expenses and revenues.

Transparent i-Cloud Services

We also provide you with our transparent i-cloud service so you have access to your monthly financial information at the touch of a button. Furthermore, we can deal with your day-to-day bookkeeping and accounting, bill your clients, pay your suppliers, and pay your sales taxes on time. We’ll also help you get paid by your clients. And at the end of each month, you will receive financial statements and reports that will help you understand how your business is performing. We will work with you to help you achieve your short-term and long-term financial goals and improve the performance of your business.

Provide Us Your Receipts and Leave the Rest to Us

We will need a copy of your invoices and receipts which you could provide as a photo taken with your phone and uploaded to Google drive. However, if you prefer, you can send us the hard copies of your invoices and receipts. That’s basically what we need from you! You can leave the rest up to us.

Bank Statement Reconciliation

Each month, our accounting team downloads securely your bank statements in order to reconcile your account transactions. We then store your invoices and receipts in the i-cloud. Your transactions are also reviewed and if necessary we will inform you regarding any outstanding transactions from the previous month. You will be informed of any unsupported transactions and we will work with you to resolve them and provide support.