Pricing
As every organization’s needs are different, we have an à la carte model for our packages. Decide what services you need and when you need it, and we’ll provide a custom quote.
Bookkeeping Services
Starting at $800 per month
Acting as the bookkeeper in your accounting department, our team of professional bookkeepers helps you manage everything from recording financial transactions to delivering monthly financial statements, so that you have accurate timely financial data when you need it.
Our bookkeeping services include:
- Record and categorize financial transactions
- Expense report management
- Bank and credit card reconciliations
- Access to a team of experienced bookkeepers
- Annual or quarterly sales tax filing
- Bookkeeping by location, program or business unit
- Monthly financial statements (profit & loss statement, balance sheet & cash flow statement)
- QuickBooks Online or Xero subscription, and other software required to manage your account
Additional services
For support managing your payroll processing, tax filings, and generating T4s and ROEs.
For support coding invoices and facilitating payments using your preferred payment method(s).
For support generating invoices, sending them to customers and following up on outstanding payments.
For financial leadership support, including budgeting, forecasting, investor reporting and more.
Why companies like yours choose Enkel
We view ourselves as a partner to your business’ success. We are your dedicated back office accounting support, helping you manage your books so that you can focus on your core purposes and get peace of mind when tax season rolls around.
01
Get financial visibility and accountability
We give you accurate financial data and the visibility you need to make better business decisions. From cash flow to receivables to payables, we provide you with timely reporting that you can rely on.
02
Get the skills without the salaries
Experienced, reliable bookkeeping talent can be hard to find and retain. Our team has the expertise to manage your bookkeeping, payroll, receivables and payables today, and into the future as your business evolves.
03
Eliminate hiring, firing and surprise departures
Say goodbye to accounting staff headaches. We’ll take over your bookkeeping function, implement best practices and reduce your risk of being dependent on one person to keep your back office processes moving.
FAQs
We understand that when our clients turn their accounting and bookkeeping services over to us, trust is paramount. We have a team of certified professionals, use proven technologies, and hold ourselves accountable every day. Yes, you can trust us with your sensitive data and to deliver accurate, timely accounting services for your business. Check out what our clients have to say about us!
Absolutely. Our team members are all certified in the leading accounting systems and can quickly get your files up to date.
Generally, all services stated in the packages and software licenses are included in the monthly fee. There may be cases where some items are billed separately or considered out of scope, but those will be clearly identified during the sales call.
Yes, there’s an onboarding fee for creating custom workflows, technology setup, and training for you and your team members.
During our onboarding process, we will set up your technology tools, customize and document your workflow, understand your bookkeeping requirements in detail, provide you and your team with any necessary training, and take care of any catch-up bookkeeping required.
Typically, onboarding takes 30-90 days.
During that time we set up your cloud-accounting systems, create your unique process flow and monthly checklists, and train your team. If there is excessive catchup bookkeeping work to be done or more complexity in your accounting requirements, the onboarding could take longer than 30 days, especially if you have significant catch up bookkeeping needs.
We do not provide year-end tax filing services as we are not a CPA firm. However, if you are looking for a year-end tax accountant, we would gladly refer you to one of our partners.
Having a separate bookkeeper and year-end accountant ensures additional oversight on the accuracy of your books. Your year-end tax accountant can help you review your books during tax season.
No, we are not a CPA firm as defined by the Chartered Professional Accountants of British Columbia (CPABC).
No. We do not offer services which fall under the jurisdiction of these organizations. We have partner organizations who can provide those services if needed by clients. A good example of such services are tax advisory or statutory filings. We have a number of non-economic partnerships with CPA firms who can help our clients with these services if needed.
Every account is set up with a Client Success Lead who will be your day-to-day contact. They’ll liaise with the rest of the team members on your account which may include an accounting manager, bookkeeper, payroll specialist, and payables specialist.
Our contracts are quite simple. It’s a services agreement with no fixed term. You can cancel service with 90 days notice.
Don’t worry, your financial data belongs to you. Our offboarding is pretty straightforward as we transfer account ownership to you. As a bonus, there’s no stopping you from replicating the workflows we’ve created for your in-house process – in fact, we encourage it.
Savings can vary considerably depending on your current solution, but our clients tell us that it is generally between 30% and 50%.
Payroll Management
Starting at $500 per month for up to 10 employees
Acting as the payroll team member in your finance department, our team of experienced payroll practitioners manage everything from payroll processing to year-end tax forms, ensuring your compliance. We also offer special pricing when you combine payroll with our bookkeeping or other back office services.
Our payroll services include:
- Bi-weekly or semi-monthly direct deposit payroll processing
- Support with CRA queries and/or audits relating to payroll
- Provide inputs for work-safe/WSIB & Employer Health Tax filings
- Assist with employee terminations & Record of Employments (ROEs)
- Employee Reimbursements
- Annual T4 processing through Payworks payroll software
Additional services
For monthly bookkeeping support, including bank and credit card reconciliations and accurate monthly financial statements.
For support coding invoices and facilitating payments using your preferred payment method(s).
For support generating invoices, sending them to customers and following up on outstanding payments.
For financial leadership support, including budgeting, forecasting, investor reporting and more.
Why companies like yours choose Enkel
We view ourselves as a partner to your business’ success. We are your dedicated back office accounting support, helping you manage your payroll so that you can every payday is a piece of cake.
01
Full service payroll management
From timely accurate payruns to vacation payouts and year-end tax forms, we’ll take over your payroll function. You’ll never have to worry about your employees not getting paid on time!
02
Get the skills without salaries
Experienced, reliable payroll compliance practitioners can be hard to find and expensive to hire and retain. Our team has the expertise to manage your payroll and help you stay compliant.
03
Eliminate hiring, firing and surprise departures
Say goodbye to payroll staffing headaches. We’ll take over your payroll function and ensure continuous payroll best practices without the added headcount.
FAQs
During a typical pay run, we’ll work with you to get any employee timesheets, salary changes, benefit updates, RRSP updates, etc. and conduct the pay run upon your approval. Your employees will automatically receive their pay stubs and payroll via direct deposit. We’ll also ensure that your payroll remittances are reconciled with the appropriate payroll authorities (i.e. CRA, WCB, EHT, etc.). Come year-end, we’ll complete your year-end filings and provide your employees with their T4s.
A biweekly payroll typically has 26 pay periods in a year, running every two weeks. And a semimonthly payroll has 24 pay periods in a year, running twice a month.
We’ll file payroll remittances, WCB and EHT according to their remittance frequencies.
Step 1: We conduct an onboarding call to discuss your specific payroll details (i.e. pay frequencies, number of employees, hourly vs. salary, etc.)
Step 2: We’ll export your employee information from your existing systems and set you up on Payworks. We’ll also work with you to get access to your CRA/WCB/EHT accounts and any other third-party systems (i.e. time tracking, HRMS, etc.)
Step 3: We go live and start running your pay runs.
We will charge additional fees for off-cycle pay runs, CRA audit queries for previous years, and T4A processing.
Payworks. They are our preferred payroll software because we can easily make customizations on their back-end, they provide accurate payroll remittance calculations and reliable filings, they also provide companies with customizable access levels. They also have an excellent support team.
Yes we can! We can help you track it in your payroll software.
Yes we can. However, you will still have to set up a Canadian business account and a Canadian bank account, and register with other payroll authorities in Canada.
We usually request that clients have a payroll point of contact in the company that our payroll administrators can get in touch with. The point of contact can then consolidate any employee payroll questions and communicate them with our payroll administrators for a more efficient process.
Yes we can. However, we will need to be set up with proper access to your account and get your approval on the final amount before processing them on your behalf.
Yes we can. However, we will need to be set up with proper access to your EHT account and get your approval on the final amount before processing them on your behalf.