Accounting Services for Small Businesses and SMEs
Bookkeeping, tax compliance, payroll, and advisory support sized to where your business is today, not a one-size package built for a larger company
Small businesses and SMEs run into the same financial management questions at different points in their growth: whether the books are being kept properly, whether GST/HST and payroll obligations are being met, and whether the business can actually afford to hire, expand, or take on debt. A small business registered for GST/HST generally needs to file once revenue exceeds the $30,000 small-supplier threshold, and getting that filing right depends on bookkeeping that was accurate well before the filing deadline arrives.
We are certified in QuickBooks and Xero, and also work in Sage and FreshBooks, and provide accounting support in person from our Fraser Valley office as well as remotely for clients elsewhere in Canada.
What Small Businesses and SMEs Need
Day-to-Day Bookkeeping
Bills, invoices, receipts, and reconciliations kept current. See our bookkeeping services for the full scope.
Tax Compliance and Payroll
GST/HST filing, corporate tax, and payroll handled on schedule. See our payroll services and financial accounting services.
Growth and Advisory Support
Budgeting, cash flow forecasting, and financial insight to support decisions like hiring, expanding, or bringing on financing.
Support Built for Your Stage
Getting bookkeeping, GST/HST registration, and payroll set up correctly from the start avoids costly corrections later. We help new businesses and self-employed individuals get the basics right the first time, then scale the service as the business grows.
As a business adds employees, locations, or product lines, the accounting needs to keep up: more detailed reporting, more complex payroll, and planning for tax obligations before they become a surprise. We add capacity as your needs grow rather than requiring you to switch firms.
Consultants and other professional-services firms bill by time and project, which makes accurate time tracking and billing central to profitability. We support this with payroll automation, project-level budgeting, and streamlined invoicing through QuickBooks and Xero.
Why Small Businesses Choose Ghumans
Sized to Your Business
Support scaled to a self-employed filer or a multi-employee SME, without paying for services built for a much larger company.
One Firm, Every Stage
Bookkeeping, payroll, and accounting handled by the same team, so nothing gets lost as your business grows and its needs change.
In Person or Remote
Meet in our Fraser Valley office or work with us entirely remotely, with the same standard of service either way.
Frequently Asked Questions
When does my small business need to register for GST/HST?
Once your total taxable revenue exceeds $30,000 in a single calendar quarter or over four consecutive quarters, you are no longer considered a small supplier and must register for and begin charging GST/HST.
What is the difference between this page and your bookkeeping services?
This page covers small business and SME accounting generally. Our bookkeeping services, payroll services, and financial accounting services pages go into detail on each specific service.
Do you work with professional and consulting firms specifically?
Yes. Consultants and other professional-services businesses have specific needs around time tracking, project billing, and payroll, and we tailor our support to those needs.
Can you support a business as it grows from self-employed to a larger SME?
Yes. We add reporting depth, payroll complexity, and advisory support as a business grows rather than requiring a switch to a different provider.
Do you work with businesses outside British Columbia?
Yes. Alongside our Fraser Valley clients, we work remotely with small businesses and SMEs across Canada.
What accounting software do you support?
We are certified in QuickBooks and Xero, and also work in Sage and FreshBooks, and can help set up or migrate whichever platform suits your business.
Top-Quality and Budget-Friendly Bookkeeping Tailored to Your Needs
SILVER
For self-employed and freelancers, we handle all your tax issues and take care of the tasks you dread, so you don’t have to.
GOLD
For SMEs and mid-sized businesses, we provide quality accounting services that add real value to your company.
DIAMOND
Offering personalized solutions because your success is our priority. Just give us a call, and we’ll handle the rest