Frequently Asked Questions
Every Bronte Bay monthly bookkeeping engagement includes: Xero setup and configuration, daily bank feed imports, monthly bank reconciliation, HST/GST tracking and filing, payroll processing via Wagepoint, Hubdoc receipt capture, CPA monthly review and oversight, and direct access to your CPA for questions within 24–48 hours. The specific reporting and additional services (cash flow, bill payments, collections, budgeting) depend on which package you select.
Year-end corporate tax (T2) is not included in the monthly bookkeeping packages — it is priced separately through our year-end packages (starting at $1,575). However, because Bronte Bay handles your monthly bookkeeping, your year-end is always straightforward — the books are clean, current, and ready. Many clients bundle a monthly bookkeeping package with a year-end package for a complete, all-inclusive accounting solution at a predictable annual cost.
Yes. Bronte Bay regularly onboards new clients with books that are months or years behind. We will assess the cleanup required, provide a fixed quote for the catch-up work, and then transition into ongoing monthly bookkeeping once the books are current. The catch-up is priced separately from the monthly engagement — you will know the exact cost before we start any cleanup work.
No. Bronte Bay is a fully cloud-based firm — we serve clients across Toronto, Vancouver, and across Canada without requiring in-person meetings. All bookkeeping is done through Xero, which you access from any device, and all document sharing is handled through a secure client portal. We have clients in every major Canadian province.
Yes. Monthly bookkeeping engagements are reviewed annually, and packages can be adjusted as your transaction volume and reporting needs change. The most common path is Silver → Platinum as a business scales past $500K in revenue and needs monthly financial reporting. Platinum → Gold typically happens when AP/AR management and quarterly business reviews become necessary. We proactively recommend an upgrade when we see your transaction volume outgrowing your current package.
All Bronte Bay monthly bookkeeping clients run on Xero — a certified Xero partner engagement. We connect your Canadian bank feeds, configure GST/HST tax codes for your business type, integrate Hubdoc for receipt and bill capture, and connect Plooto for accounts payable and Rotessa for recurring client collections at the Gold tier. You have real-time access to your own Xero account at any time — your financial data is always visible to you, not locked inside our systems.
Not Sure Which Package You Need?
Book a consultation and we will assess your transaction volume, reporting needs, and goals — then tell you exactly which package fits and what your total annual cost (bookkeeping plus year-end tax) will be. No obligation, no pressure, just a clear picture before you commit.
Related pages: Year-End Tax Packages · Accounting Services · Xero Partner · Hubdoc · 8 Signs You Need a Virtual Bookkeeper