Our Services

Bookkeping. But not JUST bookkeeping.

We also provide Strategic Financial Insights (CFO Lite) as part and parcel of our bookkeeping services. We aren't just another bookkeeper outfit, we have a passion for delivering actionable insights that help business owners make confident and smart decisions that will lead to growth and sustained success.

Additionaly, we can assist in payroll processing, sales and income tax filing, and ad-hoc requests like dashboard designs or cost accounting.

What is CFO Lite?

A Chief Financial Officer (CFO) is a critical resource for any business to monitor the financial health and strategic direction. However, not all businesses can afford one.

We believe that every business deserves the benefits of this service and we Include it standard to ALL of our bookkeeping Clients.

Most Bookkeepers will just give you completed financials with no context. With Clear Path Ledger, you will get fully analyzed financials with expert commentary to help you make better decisions. We are also always available via email for any support you may need.

Our Services In More Detail

Bookkeeping

As your dedicated online bookkeeper, we handle the day-to-day financial details so you can focus on what you do best: running your business. Our services include meticulous transaction recording, accurate categorization of income and expenses, thorough bank and credit card reconciliations, and proper chart of accounts setup.

We prepare customer statements and can send them directly to your customers. We make it easy for your customers to understand what they owe and when it's due, helping you get paid faster and free up your time. We'll help you quickly identify growing outstanding balances so you can address them before they become a problem.

We do supplier statement reconciliations, cross-referencing your records with vendor statements, identifying discrepancies so you only pay for what you've received. Our supplier ageing reports give you a clear snapshot of what you owe and when it's due, helping you maximize discounts, avoid late fees, and keep your cash flow humming.

But we don't stop there; we also provide strategic financial analysis (CFO Lite), translating your numbers into clear, actionable insights. With us, you get precise, up-to-date financial records and the strategic insight required for confident business decision-making.

We do judgement free catch-up of books in arrear. We have seen it all and understand that business happens.

Payroll

Simplify your payroll with our integrated solution. Get everything you need in one place, from direct deposits for your team to online paystub access, T4s, ROEs, and accurate CRA remittances. We handle the complexities so you can focus on your business.

Sales/Corporate Income Tax Filing

We offer comprehensive sales and corporate income tax filing services, including meticulous preparation and filing of your GST/HST/PST returns, with a focus on accurate calculation of taxes collected, maximizing input tax credits (ITCs), and ensuring full CRA compliance.

Our services also cover preparation and filing of your T2 Corporate Income Tax returns, involving thorough financial statement analysis, accurate taxable income calculation, and strategic application of deductions and credits to optimize your tax position and compliance with the Income Tax Act.

Ad-hoc

Beyond routine bookkeeping, we offer specialized financial services designed to provide deeper insights into your business's performance. This includes, but not limited to:

Detailed cost accounting and margin analysis for enhanced profitability understanding.
Payback and ROI calculations to guide smart investment decisions.
Robust budgeting and forecasting for strategic future planning.
"What-if" scenario analysis to help you prepare for various financial outcomes.

We also provide Compilation Engagement Report services.

With over 30 years of combined hands-on experience across diverse industries, Clear Path Ledger is exceptionally well-equipped to analyse your business and unlock its full financial potential.