Bookkeeper for Freelancers in Ontario2024-09-11T11:04:17+00:00

Bookkeeper for Freelancers in Ontario

Streamline Your Freelance Finances with Expert Bookkeeping
As a freelancer, your focus is on delivering outstanding work and building relationships with clients, not on crunching numbers.
Having a dedicated financial partner who understands the unique challenges of freelancing—from managing irregular income streams to tracking diverse expenses can be of significant assistance.
At Orbit Accountants, we specialize in providing comprehensive bookkeeping services tailored for freelancers. As your go-to Bookkeeper for freelancers in Ontario, we take care of the financial details so you can concentrate on what you do best.

Let’s work together

An Accounting Partner you can rely on!

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Late Filings

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Corporate Tax Returns Filed

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Satisfaction Scores

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Month End Close

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Years of Experience

Collaborating with the Best in the Business

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Why Our Bookkeeping Services are Ideal for Freelancers

Freelancers operate in a world of varied income sources and fluctuating workloads, making financial management both critical and complex. Whether you’re juggling multiple client projects, dealing with unpredictable income, or managing business expenses, our bookkeeping services are designed to simplify these challenges.
By partnering with us, you gain access to a range of services that cater specifically to the needs of freelancers, ensuring your financial operations are smooth and stress-free.

Customized Bookkeeping Solutions for Freelancers

As your bookkeeper for freelancers in Ontario, we offer a range of services customized to your unique needs:

Income Tracking and Reconciliation

We carefully track all your sources of income, from client payments and project fees to recurring retainers. This ensures that every payment is recorded accurately and reconciled with your bank statements, providing a clear overview of your earnings.

Expense Management:

Freelancers often face a variety of business-related expenses, from office supplies and software subscriptions to travel and client meetings. We organize and categorize these expenses, helping you stay on top of your spending and optimize your budget.

Personal and Business Financial Separation:

Maintaining a clear distinction between personal and business finances is crucial for effective financial management. We assist you in organizing and separating these accounts, ensuring accurate record-keeping, and simplifying tax preparation.

Tax Preparation and Filing:

Navigating the tax landscape can be daunting for freelancers with irregular income. Our team ensures your financial records are in order, helping you prepare and file your taxes efficiently while maximizing potential deductions.

Detailed Financial Reporting:

Receive tailored financial reports that provide insights into your earnings, expenses, and overall financial health. Our reports help you understand your financial position, plan for future projects, and make informed business decisions./p>

Your Local Bookkeeper for Freelancers Near Me

When searching for a bookkeeper for freelancers near me, it’s important to find someone who understands the local market and your specific needs. Based in Ontario, Orbit Accountants is well-versed in the regional financial landscape and regulations.
Our local expertise means we can offer personalized bookkeeping solutions that address the unique challenges of freelancing in Ontario.

Flexible pricing options

We can tailor your package depending on your stage of growth

Starter

C$2,100 per year billed

C$175 /month*

Complimentary Xero &
Hubdoc Onboarding

Annual Financial
Reconciliation

Annual Tax Return

Suitable if:
  • You will maintain
    bookkeeping and
    reconciliations
  • You want support from a
    CPA for ad-hoc issues as
    they arise
Essential

C$4,140 per year billed

C$345 /month*

Includes all features of
Starter plus:

Quarterly Bookkeeping &
Reconciliation

Quarterly Financial
Statements

Sales Taxes

Suitable if:
  • You want your accounts to
    be maintained by a CPA
  • You have less than 20
    transactions per month
Growth

C$7,140 per year billed 

C$595 /month*

Includes all features of
Essential plus:

Monthly Bookkeeping &
Reconciliation

Monthly Financial
Statements

Sales Taxes

Suitable if:
  • You want your accounts to
    be maintained by a CPA
  • You operate in more than
    one currency
  • You have less than 50
    transactions per month
Professional

Starting at

 C$955 /month*

Includes all features of
Growth plus:

Accounts Receivable

Accounts Payable

Working Capital
Management

Budgeting

Suitable if:
  • You require a more
    Customized plan

Frequently Asked Questions

What kind of financial reports do you provide?2024-08-05T23:23:59+00:00

We offer detailed financial reports that include income summaries, expense breakdowns, and overall financial health assessments. These reports provide valuable insights into your business performance and help you make informed decisions.

Can you help with separating personal and business finances?2024-08-05T23:23:20+00:00

Yes, we help establish clear boundaries between personal and business finances. This separation is crucial for accurate record-keeping and simplifies tax reporting, ensuring your financials are in order.

How do you assist with tax preparation for freelancers?2024-08-05T23:22:33+00:00

Our team ensures that your financial records are organized and up-to-date, making tax preparation straightforward. We assist with maximizing deductions and ensuring compliance with tax regulations, simplifying the filing process.

What types of expenses do you help manage?2024-08-05T23:21:55+00:00

We help manage a wide range of expenses, including office supplies, software subscriptions, travel costs, and client-related expenses. Our goal is to keep all your business expenses organized and categorized for efficient financial management.

How do you handle fluctuating income for freelancers?2024-08-05T23:20:19+00:00

We use detailed income tracking and reconciliation processes to manage fluctuating income. Our services ensure that every payment is accurately recorded, providing a clear view of your financial situation regardless of income variability.

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Bookkeeping

Watch as we convert your reciepts,invoices and daily transactions into valuable financial information

Payroll

Payroll

Our seasoned payrool team guarantees precise and punchtual payroll processing.

Tax

Tax

We Prepare your annual income tax returns and regular sales tax filling.

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