Our Services
Envolta Provides the Numbers, You Grow the Business… In Real Time
Every business owner knows the importance of accurate bookkeeping and accounting. What good is waiting till the end of the month to determine profits, and more importantly losses? We’ve curated a suite of the newest technology and software. You get real-time information about the financial health of your business.
Problem: only 3 out of 10 business owners have a solid understanding of their financials.
Visualization. Actionable insight. Monthly statements. Envolta helps businesses know where they stand financially.
Compare Last Month with This Month in 2 Clicks.
Compare previous months; know what’s working and what’s not. See exactly what number is on your bottom line. Real-time reporting helps your business make better choices, while positively improving workflow, cash flow and profitability. Modern businesses need more than just accurate reporting – real numbers, real profits, real time.
Throw Away that Receipt, You Don’t Need It.
Gone are the days of trudging through boxes of receipts, Envolta’s services are focussed on seamless automation. Partnering with Envolta is the easiest way to take back your time and spend it on the things that matter to you.
Automation. Better accuracy. Faster Payments.
Software takes care of tracking invoices, we take care of the numbers, and you spend your time more efficiently.
The Envolta Benefits: Accuracy, Real-Time Accounting, Automation, Visual Reporting.
Our Services Are for Business Owners, Not Accountants.
We focus on making your life easier. Trying out Envolta’s services will be the smartest business decision you’ll make all year.
Take the Guesswork out of Finances.
Envolta takes the guessing out of accounting. Reach your goals faster by knowing the numbers. Book a call today.
Don’t even think about sending us credit card statements.
Send them automatically.
Lost statements. Data entry errors. Should you automate?
Connect your banking software and now we can easily get your monthly payroll, bank/credit card statements and merchant reports without bothering you.
Why Partner with Envolta?
- Accounting on your terms
- Quality Control & standard operating procedures
- No one likes doing paperwork
- Work with a team not just one person
- Eliminate “the shoe-box”
- Everyone on our team is trained and qualified
Enjoy a new accounting experience. Real people. Amazing software. Simple.
Keep the accounting at arm’s length, and the numbers in front or your eyes.
Tax and Accounting
Corporations
Personal Tax and Instant Tax Refund
If you run a corporation, you’ll need to produce a set of financial statements at your fiscal year-end. We’ll go through your accounting data to ensure that your numbers are organized and accurate. Then we’ll produce a set of statements that best suits your financial goals.
Corporate Tax
As a corporation, you’ll have to file your corporate income tax return at your fiscal year end. We’ll produce a set of financial statements and file your T2 corporate income tax return, aligning it with your financial goals and working to minimize your income tax liability. Typically, tax filings follow the preparation of financial statements.
Virtual CFO
Your long-term personal financial goals should align with your business. We’ll work with you to ensure your business and long term plans are aligned be it by choosing the right balance of salary, bonus, or dividends or by determining the optimal corporate structure.
Business Consulting
As a corporation, you may need your financial statements formally reviewed for either your bank or your Board of Directors. We’ll work with you to compile your financial statements and prepare a review engagement report.
Incorporating your Business
Most businesses will want to keep a close eye on cash flow. We’ll work together to provide the right tools to manage and forecast your cash flow and create a budget that will help meet your financial goals.
Tax Planning
Whether you’re a start-up looking for funding or an established business looking for a bank loan, there will likely be documents you’ll need to prepare. We’ll work together throughout the process to prepare and review any pro-forma financial statements, applications or other documents necessary to secure funding.
Tax and Accounting
Unincorporated Businesses
Sole Proprietorships
If you operate as an unincorporated entity, we’ll file your personal T1 income tax return, aligning it with your financial goals and working to minimize your income tax liability.
Partnership Tax Filings
If you operate as a general or limited partnership, we’ll prepare your partnership financial statements and file your personal T1 income tax return or T5013 partnership return, ensuring that it meets the financial goals of you and your partners while minimizing the income tax liability.
Tax Planning
Your long-term personal financial goals should align with your business. We’ll work with you to ensure your business and long term plans are aligned by determining the ideal business structure, planning your RRSP contributions and optimizing your deductions.
Bookkeeping and Payroll
Bookkeeping
You may want to focus your time on other areas of the business and leave the bookkeeping to us! We’ll setup a workflow to ensure your bank and credit card transactions are accurately categorized, linking entries directly to receipts and invoices online.
Sales Tax
If you’re registered for GST/HST, you’ll be filing sales tax returns on a regular basis. Whether you’re preparing your own books or would like us to manage the process, we’ll review and file your sales tax returns each period to ensure you file accurately and on time.
Payroll
If you have employees, we’ll setup a payroll system to streamline the payroll process. We’ll manage onboarding of new employees, CRA remittances, terminations, and information return filings. Most importantly, we’ll ensure your employees are paid the right amount and on time.
Non-profit & Charities
Envolta helps growing charities stay nimble and continue completing their mission. By outsourcing bookkeeping, employees can focus on making the biggest impact on their cause. Envolta actively pursues interests that help our community and we help small organizations with efficiency and communication.
Technology and Systems
System Implementations
Your business’ accounting system and software choices can significantly affect the cost and efficiency of doing business. Whether you’re looking to work remotely, manage projects, or explore an inventory tracking system, we’ll work with you to research and investigate your options and ultimately identify the right software choice. With an implementation plan in place, we’ll manage the setup and training to ensure a smooth transition.
Software Training
Whether you’re looking to do your own bookkeeping or run your payroll online, we’ll be there to offer training and support throughout the process. Our hands on training will ensure you gain practical experience to understand the process and our support team is always on call for questions. Throughout the year we’ll continue to review your work and share important updates so you can continue to learn with us!
Starting a Business? We Can Help!
If you’re starting a business, you may want to discuss the pros and cons of incorporation, GST/HST rules, the optimal accounting system to choose, and a host of other questions. We’ll work with you to ensure that you get your business started on the right foot.