Are you or one of your staff seeking to learn QuickBooks or Sage 50? MVO® Chartered Professional Accountants understands the importance of having an accounting system that is set up and operating correctly and efficiently. Our services cover the whole spectrum of computer users, from novices to experts. Our team will help you decide what accounting package is best for your business. We will install the programs, train you to use them and provide ongoing support. We will be available to assist you whenever questions come up. QuickBooks and Sage 50 both contain similar Financial Statement Modules. MVO® Chartered Professional Accountants…

MVO® Chartered Professional Accountants strives to maintain specialist taxation knowledge. Taxation legislation changes constantly and every day new court cases are decided, which influence the interpretation of the legislation. It’s important to ensure you are receiving the most accurate and up-to-date advice from your accountant. Ensure your tax liability is legally minimized and that your structure is setup in the most appropriate manner by seeking our advice. If you find you are having difficulty making decisions about your business, call us at (403) 328-8383 or contact us by email. We have your best interest at hand and work for a lasting relationship with all our clients. Just…

We gauge our worth by the personal and business successes of our clients. As accountants, we have knowledge of many different industries and can help you to grow your business efficiently. We will work closely with you to gain a full understanding of your business, help you identify your weaknesses and build on your strengths. Whether you are building a business from the ground up, acquiring an existing business, or operating a well-established business, MVO® Chartered Professional Accountants LLP have access to the knowledge and tools required to help you succeed. Whatever your goals are, with your collaboration, we will help…

The owners of most small to medium-sized business enterprises (SMBE) do not take the necessary time to prepare an effective Business Plan. Too often the owners and management team are too deeply immersed in the day to day activity of the business to think strategically. Time spent working on the business is as important as time spent working in the business. The Canadian government legislated the BDC bank to help SMBE owners with their business financing needs. Not only does a well prepared Business Plan improves your chances of getting funding significantly, it also refreshes and invigorates your strategic thinking. MVO® Chartered…

A professional and objective business valuation is a necessary component of many transactions, such as purchase, sale or reorganization of a business, shareholder and partnership agreements, matrimonial settlements, or estate proceedings. Our experienced team will provide you with an objective and accurate valuation of your business assets and goodwill. Do you want to sell your company or business or you just want to know how much its worth? There are as many rules of business valuation as there are businesses and evaluators. The major components are the revenue and expenditure trends as well as the remaining effective life of the assets.…

We gauge our worth by the personal and business successes of our clients. We can help your business identify areas negatively affecting profitability and growth and develop solutions that are practical and technically sound. In addition to acting as a sounding board for management, we provide comprehensive, flexible strategies that address the issues affecting your business. The following are just a few of the areas in which we provide consulting services: Accounting software selection and implementation Business valuations Buying/selling a business Business process improvement Computer systems Financial & retirement planning Estate planning

Tax planning is a vital component of your business' success. It is also critical for meeting the long-term financial goals for you, your family and your business. Tax planning is a process of considering various tax options to determine when, whether and how to conduct business and personal transactions in order to reduce or eliminate taxes. MVO® Chartered Professional Accountants LLP can help you in all areas of corporate taxation. We work closely with you to understand the unique long-term financial and taxation implications of your business operations. You can be certain that we will consider all available strategies before completing…

The GST uses a value-added tax structure that will allow most businesses to claim input tax credits (ITC) on the GST/HST paid.  In controlling related costs we can assist your company in the compilation of information; preparation and filing of GST/HST tax returns, as well as other government remittances. We can assist you in preparation and filing of GST or PST returns and other government remittances. Plan for your GST/HST liability/refund Prepare your Business Activity Statements As always, it is up to you to decide to do the work the easy way or the hard way. In any case, we are always available to answer…

Many clients ask us about the most effective way to set up their business. Their primary question is whether they should incorporate. While the details can be very complex, we have tried to simplify it as much as possible by detailing the advantages and disadvantages of incorporating: GENERAL The biggest advantage of incorporating lies in the limited liability for the shareholders. Under the law, a corporation is a legal person that is distinct from the shareholders who own it. This means that individual shareholders are not personally liable for the debts and obligations of the corporation. If a corporation fails, the shareholders will…

With years of tax return preparation experience, we welcome the opportunity to assist you with the preparation of your Personal (T1) returns. T1 RETURNS INCLUDE: Residents of Canada for part or all of the year Individuals receiving income from employment, investments and private or government pensions Children who earn money through babysitting, paper routes, etc Terminal returns for individuals deceased during the year Optional returns for deceased individuals (based on the facts in each situation) We are proficient in providing the following services relating to your tax filing: DURING TAX SEASON Gathering of slips and documentation and an analysis of your personal tax situation to ensure that no claim…

Opening your own business is exciting and thrilling. A methodical plan of action dictates whether a small business will make it or not. Success lies in the approach you take and we help you avoid the pitfalls that many small business owners make when starting. We help you: Select a business structure that best fits your needs by evaluating tax advantages, legal exposure, ease of operation and portability should you need to relocate Select the right accounting software by evaluating your budget, needs and hardware Establish billing and collection procedures to maximize your cash flow/li> Establish procedures to monitor and control costs Setup a home office…

As a business grows, it must hire more employees, which can result in increased payroll administration. We can assist you in implementing the controls necessary to ensure a reliable, efficient, and effective payroll system. Our firm can also help you develop a payroll system and prepare all necessary payroll tax returns in a timely manner. When it comes to paying employees, laws and the CRA have made the payroll function a time consuming process for the small business owner. Small business owners spend an average of eight hours a month performing payroll functions. That's 12 full days a year that could be…

Strategic tax planning is the key to meeting your personal goals. Whether you are a business owner, an executive or a professional, MVO® Chartered Professional Accountants LLP can help. We can help you minimize and/or defer taxes by developing a personal tax plan customized to your individual needs. Our team understands the importance of setting your retirement goals to best match your current earnings with tax-deferred savings. We also understand the importance of saving for your children’s education. We can help you use RRSPs, RESPs, and Tax-Free Savings Accounts to their best advantage. At MVO® Chartered Professional Accountants LLP, we are committed…

Different people work in different ways. That is why QuickBooks offers so many choices for moving around the system and accessing information. Contact us here or call us at (403) 328-8383 and we will arrange to meet with you to for training. You will learn that QuickBooks is a versatile program that provides multiple access points for the information you need. Learn how to work quickly and efficiently in QuickBooks by understanding the workflow to access transactions. You will be shown how to make QuickBooks easy to navigate using the workflow arrows on the Home page, various menus, QuickBooks centers and icons.

As a small business owner, you have more important things to do than to keep your own books. MVO® Chartered Professional Accountants LLP takes care of your books for you, so you can get back to the job of running your business and generating profits! Each month or quarter we'll do the following things for you... Reconcile your bank account Generate an income statement Generate a balance sheet Clean up your general ledger Provide unlimited consultations These tasks form the solid foundation of your small business accounting system. You can customize the package of services you receive by adding payroll, tax planning, tax preparation, or any of…