Monthly Bookkeeping
Ongoing bookkeeping reconciliations, clear monthly financial reports, and organized QuickBooks Online records—delivered on a consistent schedule so Canadian business owners always know where they stand.
Payroll services are available as an add-on for active bookkeeping clients and are not offered as a standalone service.
How Monthly Bookkeeping Works
1
Connect
You connect your accounts and upload receipts
2
Reconcile
We reconcile and categorize everything each month
3
Report
You receive clear reports on a consistent schedule
Who Monthly Bookkeeping in Canada Is Best For
Monthly bookkeeping is best suited for Canadian business owners who want consistent, accurate financial records without ongoing uncertainty. This service is ideal for businesses that value structured systems, predictable timelines, and clear reporting they can rely on month after month.
- Canadian businesses needing consistent, monthly bookkeeping
- Owners who want clear, reliable financial records
Service Details
What's Included
Bank & Credit Card Reconciliations
Every transaction matched and categorized correctly, every month.
Monthly Financial Reports
Clear P&L and Balance Sheet delivered on a consistent schedule.
GST/HST Filing Support
Quarterly or annual filing prepared and ready for submission.
Client Portal Communication
Secure portal for document sharing and organized communication.
How We Work With Your Accountant
Clearbook Ledgers works alongside your accountant — not in place of them.
Our role is to ensure your bookkeeping records are accurate, complete, and review-ready so your accountant can work efficiently at year-end.
We support a smooth handoff by:
- Maintaining reconciled bank and credit card accounts
- Keeping consistent categorization throughout the year
- Providing clean, organized reports and supporting documents
- Responding to accountant inquiries when required
Clean books reduce year-end delays, lower accounting fees, and help avoid unnecessary CRA follow-ups.
Bookkeeping Options for Canadian Businesses
Business owners typically manage bookkeeping in one of three ways. Each option has trade-offs depending on time, complexity, and risk tolerance.
Option
DIY Bookkeeping
In-House Bookkeeper
Professional Bookkeeping
Time Required
High
Medium
Low
Accuracy Risk
High
Medium
Low
CRA Compliance
Inconsistent
Variable
Structured
Cost Predictability
Low
Medium
High
Scalability
Limited
Moderate
High
Oversight Required
High
High
Low
DIY Bookkeeping
Time Required
High
Accuracy Risk
High
CRA Compliance
Inconsistent
Cost Predictability
Low
Scalability
Limited
Oversight Required
High
In-House Bookkeeper
Time Required
Medium
Accuracy Risk
Medium
CRA Compliance
Variable
Cost Predictability
Medium
Scalability
Moderate
Oversight Required
High
Professional Bookkeeping
Time Required
Low
Accuracy Risk
Low
CRA Compliance
Structured
Cost Predictability
High
Scalability
High
Oversight Required
Low
Professional bookkeeping provides consistent accuracy, predictable costs, and structured processes — allowing business owners to focus on running their business rather than managing financial records.
What's Included in Monthly Bookkeeping
- Monthly bank and credit card reconciliations
- Accurate transaction categorization
- Ongoing maintenance of your QuickBooks Online file
- Clear monthly financial reports
- Secure, portal-based communication
What's Not Included
- Tax preparation or filing
- Standalone payroll services
- Emergency or same-day bookkeeping requests
New clients start with a File Review to assess your current books. View full pricing details.
How Monthly Bookkeeping Works
Starting at $350
/month
Pricing varies based on transaction volume and complexity. See our pricing page for detailed package information.
Frequently Asked Questions
Common questions about our monthly bookkeeping services.
What is included in monthly bookkeeping?
Monthly bookkeeping includes bank and credit card reconciliations, transaction categorization, financial reporting, and ongoing maintenance of your QuickBooks Online file.
Who is monthly bookkeeping best suited for?
Monthly bookkeeping is best suited for Canadian business owners who want consistent, accurate financial records without ongoing uncertainty. This service is ideal for businesses that value structured systems, predictable timelines, and clear reporting they can rely on month after month.
Do you offer payroll as part of monthly bookkeeping?
Payroll services are available as an add-on for existing bookkeeping clients and are not offered as a standalone service.
What software do you use?
We work with QuickBooks Online and supporting tools that allow for accurate, efficient, and secure bookkeeping.
How often will I hear from you?
Communication is handled through our client portal, with scheduled reviews depending on your service level.
Ready for organized monthly books?
Book a free consultation and we’ll discuss your bookkeeping needs and determine the right QuickBooks Online package for you.