Services
Outsourced bookkeeping means a dedicated external team records every transaction, reconciles your bank, credit card and merchant accounts, and closes your books on a fixed monthly cycle. You keep ownership of your accounting file — YNL works inside it, hits an agreed cut-off date each month, and hands you statements you can actually make decisions from.
Every bank, credit card, merchant and loan transaction coded to a consistent chart of accounts, so your reports mean the same thing in March as they do in November.
Full monthly reconciliation of every account, including Stripe, Square and Shopify payout clearing — the step most DIY books skip and every accountant has to redo at year-end.
Input tax credits captured correctly through the year, with a reconciled HST liability account and a filing-ready summary each period. Ontario businesses charge 13% HST; we track the split so remittances are never a scramble.
A closed period each month with a Profit & Loss, Balance Sheet and Cash Flow statement, plus a short plain-English commentary on what changed.
A clean, reconciled, adjusting-entry-ready file delivered to whoever prepares your corporate return — which usually lowers what they bill you.
Behind by months or years? We scope the backlog, quote a one-time catch-up fee before starting, then move you onto a monthly cycle so it never happens again.
We review your current file, transaction volume and account count, then quote a fixed monthly fee.
Read-only bank feeds, software access and a documented chart of accounts — typically inside two weeks.
Transactions coded, accounts reconciled, period closed by an agreed date every month.
Statements and commentary delivered through your secure client portal.
QuickBooks Online and Xero are our primary platforms, and we also work in Sage and Wave. We work inside your file rather than moving you onto ours, so you keep ownership and can leave with your data at any time.
For a corporation, yes. A bookkeeper maintains the records; a CPA files your corporate return and signs off on year-end. We deliver a reconciled year-end file to your accountant, which usually reduces their hours and their invoice.
We routinely take on files two to three years behind. The backlog is scoped and quoted as a one-time catch-up project before any work begins, so there are no open-ended hourly bills.
YNL publishes fixed monthly pricing starting at $995 CAD for Essentials. The driver is transaction volume and the number of accounts to reconcile, not hours worked.
Book a free consultation and we'll show you exactly where we can help.
