Small Business Bookkeeping Services

We will do the books | You focus on your business


Let us handle the bookkeeping, while you concentrate on growing your business.

Small Business Bookkeeping Services

Small Business Bookkeeping – At CNC, we understand that the ultimate goal of any business is to achieve success and growth, both in the short and long term, while also being fulfilling. We can assist you in realizing this goal by providing precise and reliable small business bookkeeping services, starting from the ground up. Accurate bookkeeping is crucial for avoiding cash flow issues, optimizing resource utilization, and capitalizing on opportunities. With our efficient bookkeeping and accounting services, you can have peace of mind while running your business, as we will take care of tax preparation and streamline your financial management. We offer flexible monthly bookkeeping packages at fixed fees, and our convenient location in Coquitlam, close to Coquitlam Centre, makes it easy for you to access our services. Trust us to help your business grow and succeed while making your operations less stressful.

CNC Your Strategic Partners in Success

 At CNC, we are committed to providing you with critical business reports on time to make sound business decisions. We have a system in place to meet all deadlines. We have an experienced team of accountants who actively monitor your business’s financial health to advise you on various business growth and tax-saving strategies.

Better Bookkeeping Brings Financial Clarity.
Let us help you.

Work on your business, not your books. We have the expertise to bring your books in order and up-to-date. The longer you wait more stressed out you will be. Virtual services are also available.

Bookkeeping Services Coquitlam

Our services

Full Cycle Bookkeeping

We offer full cycle monthly bookkeeping services. We manage accounts receivable, accounts payable, fixed assets schedule, and general ledger to provide a clear picture about your business.

Payroll Services

We offer bi-weekly, semi-monthly, and monthly payroll services to employees and owner management. We also provide payroll services to unionized businesses and calculate union dues remittance.


Compliance returns, such as, GST, PST and WCB are an integral part of any business operation in Canada. CRA imposes harsh penalties if compliance returns are filed late or not properly reconciled. We will make sure these filings are accurate and on time.

T4 and T5 Filing

It is a requirement for Canadian businesses to remit T4 and T5 Slips. We will reconcile remittances against the payroll deductions as required by statutory requirements. If there is any deficiency we will adjust it. Also e-file T4s and T5s and the respective summaries electronically.

Financial Statements

We prepare various types of financial statements including Compilation CSRS 4200 (Notice to Reader), Reviewed Financial Statements CSRE 2400 (profit and not-for-profit), and Agreed Upon Procedure Reports CSRS 4400 for property management companies and others. We also prepare variety of other financial statements for business owners,  banks,  and other third parties.

Books Setup & Clean Up

We have expertise in various accounting packages, such as, QBO, QB Desktop, Sage50, Xero and Wave. Our staff has advance certification in QBO. If you decide to manage your books yourself, it is important to set chart of accounts properly to extract a meaningful data which can be interpreted easily to make a sound business decision. We have a number of years experience in cleaning up the accounting books, reconcile balances, and to convert the raw data into a meaningful data.

Why Choose Us

Nine Reasons To Choose Us Your Accountant and Business Advisor 

Fixed Fees

We offer all our clients fixed fees paid monthly so you know exactly what you’re paying for and with all fees agreed upon upfront, there are never any surprises.


We’re friendly, and approachable and will provide clarity for your business decisions.

CRA Audit Representation

We offer CRA audit representation in all cases to give you additional peace of mind.

Virtual or In-person Services

Flexible and accessible, you can contact us by video meeting, in-person, phone, or email as much as you like. Just go to our online calendar and book the meeting according to your schedule.

Highest Standards

We work to the highest standards imposed by Chartered Professional Accountant Canada constantly monitoring Professional developments and implementing changes quickly to guarantee best practice at all times.

23 Years of Experience

We have 23 years of experience helping family businesses like yours in a variety of industries. We’re a family business ourselves, now into our second generation of leadership, and can offer great advice on successful practices for your business.

On-Time Reports

Whether you need reports for internal management, CRA or for the bank, you know your reports are ready. We update your records on a regular basis, so you can get your mission critical reports in a timely manner.

Satisfaction Guarantee

At CNC you are not just a customer or a file number, you are a friend and we will go the extra mile to do what it takes for your satisfaction. If you are not happy with our services, we will provide you with a month of free service.

Work Accuracy

We don’t just process your books and tax returns, we take the time to do them correctly and accurately. We stand behind our work so you have complete peace of mind.

Small Business Bookkeeping Plans and Pricing

As every organization’s needs are different. These are some of the packages suitable for most small-size businesses. We can provide you a custom quote if your business is larger or smaller than these guidelines and you need additional services, such as advisory services, please visit our advisory services page.

Starter Plan

For new businesses
Cash Basis Accounting
  • Monthly Bank Account Reconciliation Up to 50 transactions
  • Monthly Credit Card Reconciliation
  • GST and PST Filings
  • Annual Taxes and Compilation Financial Statements
  • Free Cloud Drive Storage
  • Up to 15 hours Annual Free Support by Email or Slack

Compliance Plan

Advisable for 3 to 5 years old businesses
Accrual Accounting
  • Accrual Accounting
  • Monthly Bank Reconciliation Up to 90 transactions
  • Credit Cards Reconciliation
  • GST, PST and WCB Filings
  • Payroll and Annual T4s
  • Basic Tax Planning Strategies
  • Annual Business Taxes and Compilations Financial Statements
  • Personal Tax Returns (Shareholders Only)
  • Fee Cloud Drive Storage
  • Unlimited Free Support by Email, Phone and Slack

Advisory Plan

For established businesses
Accrual Accounting and Advanced Reporting
  • Monthly Bank Reconciliation
  • Monthly Credit Cards Reconciliation
  • GST, PST, WCB and PD7a
  • Payroll and Annual T4s
  • Subcontractors T4A/T5018 Filings
  • Corporate Tax Returns and Compilation Financial Statements
  • Advanced Tax Planning Strategies
  • Advanced Management Reports, Budgeting, and KPI
  • Quarterly Video Commented Reports and KPI Reports
  • CRA Audit Support
  • Business Coaching and Technology Advise
  • Free Cloud Drive
  • Unlimited free Support by Email, Phone, Slack and In-Person

What People Say?

Google Review
I brought my 2018 return into CNC to be reviewed as I felt I had missed something when I had originally filed. Sure enough, they were able to spot it and I am now waiting for a refund from Revenue Canada in the mail! I dealt with the owner, Nafees, who is friendly, knowledgeable and prompt. I'll definitely be bringing my taxes to him again this year. It was a very positive experience.
cpa coquitlam
Jane Evans
Google Review
Nafees has great problem solving skills. I had an issue with CRA for a while. They not only hold all my 2017 refund but also reassessed me for additional taxes. My previous accountant couldn't resolve the issue. Nafees handled the matter within few weeks. Not only I received my 2017 refund but also CRA reversed the reassessment. Nafees also filed 2018 taxes and I received my 2018 refund as well within couple of weeks. On the top of all this customer service was great, very polite staff. Fees was very reasonable. I will recommend Nafees for all the tax work. I am not going to change accountant anymore. This is the firm, I will be using from now on, for all my tax work.
cpa coquitlam
Marty Green
Google Review
Thanks Nafees for helping me out with my business taxes and saving me time and substantial taxes. With your professional approach and recommendations the whole process was painless. I will definitely recommend you among my friends for all bookkeeping and the tax work. Good to have an advisor like you during this difficult COVID19 times. Your advise was very helpful for my business.
cpa coquitlam
Janet Wesley

Frequent Objections About Outsourcing Bookkeeping Services

Even if your bookkeeping is simple and you can do it yourself, hiring an accountant still has its advantages. An accountant can provide you with professional expertise and advice that can help you make informed financial decisions. They can also help you ensure that your books are accurate and up to date, which can help you avoid errors and penalties.

While accounting software can be a useful tool for bookkeeping, there are still several advantages to hiring a CPA firm. A CPA firm has a team of experts with specialized knowledge and experience in accounting, tax laws, and financial reporting. They can provide valuable insights and advice that accounting software may not be able to offer.

While it’s understandable to want to rely on a friend who can do your bookkeeping, hiring an accounting firm can offer additional benefits. A professional accounting firm can provide a wider range of financial services beyond bookkeeping, including tax planning, financial analysis, and audit and assurance services. They have a team of experts with specialized skills and knowledge in accounting, tax laws, and financial reporting, and can provide you with valuable insights and guidance.

The main difference between a CPA accountant and a bookkeeper is the level of education, training, and expertise. A CPA accountant has completed a college degree in accounting and has passed the CPA exam, which requires additional coursework and professional experience. They are licensed by their state and are held to high ethical and professional standards. A bookkeeper, on the other hand, typically has a high school diploma or some college coursework in accounting and may have some experience in bookkeeping tasks.

  1. Expertise and Experience: CPA firms have extensive knowledge and experience in accounting, tax laws, and financial reporting. They are trained to handle complex financial transactions, and they stay up to date with the latest laws and regulations. They can provide valuable insights into your financial data that can help you make informed decisions.
  2. Quality of Work: CPA firms are held to higher standards than bookkeepers. They have a reputation to uphold, and they must maintain their license by adhering to strict ethical and professional standards. This means that they are more likely to produce high-quality work than a bookkeeper.
  3. More Comprehensive Services: CPA firms offer a wide range of financial services beyond bookkeeping, including tax planning and preparation, audit and assurance services, and financial consulting. This means that you can get all your financial needs met by one firm, rather than hiring multiple professionals.
  4. Risk Management: Hiring a CPA firm can help mitigate risk for your business. They can help you identify potential financial risks and provide solutions to minimize them. They can also help ensure that your financial statements are accurate, reducing the risk of errors or fraud.
  5. Scalability: As your business grows, your financial needs will become more complex. A CPA firm can provide the resources and expertise to handle the increased workload. They can also provide valuable guidance as you navigate new financial challenges.

CNC’s expertise can help guide small businesses to improve their cash flows, navigate challenging economic conditions, and ultimately make their businesses more profitable. CNC’s experienced team of professionals can provide valuable insights into the financial health of the business, identify areas for improvement, and develop customized strategies to address any challenges that arise. By working with CNC, small businesses can benefit from their years of experience, deep knowledge of accounting and financial management, and commitment to delivering exceptional service. Ultimately, partnering with CNC can help small businesses build resilience and thrive in any economic environment.