Question 1

What’s the Difference Between a Bookkeeper and an Accountant?

Accepted Answer

It’s true that both professions maintain accurate financial records and the terms are often used interchangeably, but there are differences between the two. Bookkeepers generally focus more on administrative tasks, such as payroll and recording incoming and outgoing finances. Accountants c(/services/accounting)an perform bookkeeping tasks, but their job also involves other responsibilities.

Question 2

How Much Does Monthly Bookkeeping Cost in Moncton?

Accepted Answer

Bookkeeping services can vary in price depending on different factors, such as the size and needs of your business. The most basic monthly bookkeeping services for a low-volume, small business can be between $200 and $800 CAD, and the most common bookkeeping package is more likely to cost between $450 and $800 CAD. Bigger businesses with more volume will require more time and therefore will need to spend more money on bookkeeping costs, often $900 and $2000 CAD for medium sized businesses. Many bookkeepers will also offer hourly rates, which may be a more affordable option for some businesses.

Question 3

Do I Need a Local Bookkeeper for New Brunswick HST Filing?

Accepted Answer

Because HST is a federal tax, administered by the CRA, any qualified accountant or virtual bookkeeping service in Canada can help, as long as they have experience with New Brunswick tax regulations.
 
That said, you should still consider working with a local bookkeeper for your HST filing. They will be able to provide face-to-face support and will understand local regulations better than one from another province. Additionally, if you require in-person support, a local bookkeeper is the only way to go.

Question 4

How Will a Bookkeeper Help My Business?

Accepted Answer

A bookkeeper will help you keep track of your company’s financial health and advise you on decisions that can help you grow. Our goal is to help create time for you so you can focus on growing your business. We’ll also keep you compliant in an increasingly complex business environment.

Bookkeeping Services for Businesses in Moncton

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FAQs

What’s the Difference Between a Bookkeeper and an Accountant?

How Much Does Monthly Bookkeeping Cost in Moncton?

Do I Need a Local Bookkeeper for New Brunswick HST Filing?

How Will a Bookkeeper Help My Business?