- 21 Simcoe Street S, Oshawa, ON, L1H 4G1
- 647-502-8894
- erin@elhodgetts.com
- 21 Simcoe Street S, Oshawa, ON, L1H 4G1
- 647-502-8894
- erin@elhodgetts.com
FAQ
Answers to common questions about engaging Hodgetts & Company for outsourced accounting and finance support.
Questions
If your question is not answered here, we would be pleased to discuss your organization's requirements directly.
Contact UsWhy outsource your finance function?
Organizations need reliable accounting support but do not always require full-time internal finance staff. We manage day-to-day transaction processing, payroll, GST/HST filings, regular monthly reporting and T4, T4A and T5018 slips, and at year-end we prepare a complete package so your accountant can file your tax return. Many organizations also outsource to keep financial and salary information confidential from internal staff.
How would we work together?
Because most accounting cycles are recurring, we set a regular interval (monthly, bi-weekly or weekly) to update your records and process payroll or accounts payable. During onboarding we establish guidelines for how information is provided to us and agree on reporting deadlines. We work virtually with businesses, non-profits and charitable organizations across Canada.
How much does it cost?
Pricing depends on the volume of transactions and the complexity of your accounting requirements. Each organization is assessed on a case-by-case basis to provide the most cost-effective solution.
Do we need to change our software?
Not necessarily. We work with QuickBooks Online and Xero, as well as a full complement of software integrations, to provide seamless accounting.
Does Hodgetts & Company provide public accounting, tax or audit services?
No. We provide accounting, payroll, sales tax, accounts payable and audit support services. We maintain your day-to-day financial records and provide a full set of working papers to your accountant for the preparation of your corporate tax return (T2).
