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Outsourced Bookkeeping Services for Canadian Businesses

Accurate, Compliant, and Scalable Bookkeeping for Startups, SMEs, and Large Enterprises Across Canada

Running a business in Canada means navigating rising labour costs, staffing shortages, complex tax rules, and increasing compliance requirements. Managing bookkeeping in-house can drain time, money, and resources — especially when your focus should be on growth, customers, and strategy.

Algebraa Business Solutions Pvt Ltd, based in Nagercoil, India, provides end‑to‑end outsourced bookkeeping services for Canadian businesses across 45+ industries, ensuring your financial records are accurate, compliant, and always up to date.

We act as your remote finance back-office, delivering reliable bookkeeping support that scales with your business.

1. Why Canadian Businesses Outsource Bookkeeping to Algebraa ?

✔ Reduce operational costs significantly
Save up to 60% compared to hiring full-time in-house staff.

✔ Solve staffing and retention challenges
No recruitment, training, or turnover issues — we provide a stable, skilled team.

✔ Accurate and compliant bookkeeping
We follow ASPE, IFRS, CRA documentation standards, and Canadian sales tax rules (GST/HST/PST/QST).

✔ Scale effortlessly as your business grows
From startups to multi-location enterprises, we adapt to your needs.

✔ Next-day turnaround
Time-zone advantage ensures your books are updated overnight.

✔ Industry-specific expertise
We understand the financial workflows of 45+ Canadian industries.

2. Complete Outsourced Bookkeeping Services for Canadian Businesses

We provide a full suite of bookkeeping services tailored to your business size, industry, and reporting needs.

2.1 Daily, Weekly, or Monthly Bookkeeping

  • Sales, purchase, and expense posting
  • Bank and credit card updates
  • Cash book maintenance
  • Journal entries and adjustments

2.2 Accounts Receivable Management

  • Customer invoicing
  • Payment allocation
  • AR aging reports
  • Support for collection teams

2.3 Accounts Payable Management

  • Supplier bill entry
  • PO–Invoice–Receipt matching
  • AP aging reports
  • Payment run preparation (you retain approval control)

2.4 Bank, Credit Card & Control Account Reconciliations

  • Daily/weekly/monthly reconciliations
  • Identifying unmatched or missing entries
  • Reconciliation of GST/HST, PST, QST, payroll liabilities, and suspense accounts

2.5 Sales Tax-Compliant Bookkeeping

  • GST/HST coding
  • PST/QST handling for applicable provinces
  • Sales tax reconciliation
  • Support for CRA filings

2.6 Month-End & Year-End Closing

  • Closing checklists
  • Accruals, prepayments, provisions
  • Trial balance review
  • Support for accountants and auditors

2.7 Management Reporting

  • Profit & loss
  • Balance sheet
  • Cash flow
  • Budget vs actual
  • KPI dashboards

3. Flexible Engagement Options for Every Business Size

Startups & Micro Businesses

  • Simple monthly bookkeeping
  • Low-cost packages
  • Clean books for tax filing and investor reporting

Small & Medium Enterprises (SMEs)

  • Weekly or monthly bookkeeping
  • GST/HST-ready records
  • AR/AP management
  • Management reporting

Large Enterprises & Multi-Branch Companies

  • Daily bookkeeping
  • Multi-entity consolidation
  • Department/project-wise reporting
  • ERP-based workflows

Seasonal or Project-Based Support

Ideal for:

  • Year-end
  • GST/HST filing periods
  • Business expansion
  • Temporary staff shortages

4. Software Expertise — Compatible With All Canadian Business Systems

We work with 26+ accounting and ERP platforms, including:

Cloud Accounting

  • QuickBooks Online
  • Xero
  • Sage Cloud
  • FreshBooks
  • Zoho Books

Desktop Systems

  • QuickBooks Desktop
  • Sage 50
  • Tally
  • Busy

ERP Platforms

  • SAP Business One
  • SAP S/4HANA
  • Microsoft Dynamics 365
  • Oracle NetSuite
  • Oracle Fusion
  • JD Edwards

We adapt to your existing system — no need to change software.

5. Industry Expertise — Supporting 45+ Canadian Industries

We understand the financial workflows, tax rules, and reporting needs of a wide range of Canadian industries, including:

Retail & E-commerce

  • Multi-channel sales
  • Payment gateway reconciliations
  • Returns & chargebacks

Construction & Contractors

  • Job costing
  • Progress billing
  • Retention tracking

Healthcare & Clinics

  • Patient billing
  • Insurance claims
  • Multi-location reporting

Hospitality

  • POS integrations
  • Daily sales reconciliation
  • Inventory & cost control

Professional Services

  • Time-based billing
  • Project profitability
  • Retainer management

Manufacturing

  • Inventory & WIP tracking
  • Job costing
  • Production expense allocation

Real Estate & Property Management

  • Rent roll management
  • CAM/service charge accounting
  • Maintenance cost tracking

Non-Profits & Charities

  • Fund accounting
  • Grant tracking
  • Donor reporting

Logistics & Transportation

  • Freight billing
  • Fuel & route cost tracking
  • Multi-branch consolidation

Education & Training

  • Fee management
  • Department/batch reporting
  • Grant utilisation

And many more — we customise our process for your industry.

6. How Our Outsourced Bookkeeping Process Works ?

Step 1 — Understanding Your Business

  • Business model
  • Industry
  • Transaction volume
  • Reporting needs

Step 2 — Onboarding & Setup

  • Access setup
  • SOP documentation
  • Chart of accounts alignment
  • Data-sharing process

Step 3 — Pilot Phase

  • Trial run
  • Accuracy checks
  • Workflow refinement

Step 4 — Ongoing Bookkeeping

  • Daily/weekly/monthly updates
  • Reconciliations
  • Reporting

Step 5 — Continuous Improvement

  • Review meetings
  • Process optimisation
  • Scaling support

7. Why Canadian Businesses Trust Algebraa ?

✔ Cost-effective and scalable
✔ Industry-specific expertise
✔ Accurate, compliant, and timely
✔ Secure data handling
✔ Dedicated team with strong review processes
✔ Next-day delivery due to time-zone advantage

We help Canadian businesses maintain clean, compliant, and reliable books — so you can focus on growth, customers, and strategy.

8. Ready to Transform Your Bookkeeping?

Share your business type, industry, and monthly transaction volume — we’ll prepare a customised bookkeeping plan tailored to your needs.

Contact us for Getting our Services...

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