Cloud Bookkeeping

Cloud Bookkeeping Services Tailored for Canadian Small Businesses and Professional Corporations. Professional and expert cloud bookkeepers provide services in Toronto, Scarborough, Markham, Ajax, Pickering, Whitby, Oshawa, Bowmanville, York, Etobicoke, Mississauga, Brampton, Oakville, Hamilton and across Ontario and Canada.

Staying on top of your books is essential to running a profitable, compliant business—but for many business owners, bookkeeping is a time-consuming headache. Our online bookkeepers in Toronto offer online bookkeeping services designed to simplify your accounting, keep you audit-ready, and free up your time to focus on growth.

Whether you’re a sole proprietor, incorporated professional, startup, or growing small business, we provide efficient, secure, and fully CRA-compliant bookkeeping—100% cloud-based and accessible anywhere.

What Is Cloud Bookkeeping?

Cloud bookkeeping is the process of recording, organizing, and managing financial transactions in real-time using cloud-based accounting software. Instead of relying on paper receipts or Excel chaos, your books live in the cloud, connected to your bank, CRA, and your tax accountant.

Our firm uses trusted software like QuickBooks Online, Xero, Wave, and CosmoLex (for legal professionals) to organize, automate, and reconcile your financial records — on time, every time.

Whether you’re a solo entrepreneur, a doctor running a PC, an Amazon or Shopify seller shipping daily, or a lawyer juggling trust accounts — our cloud bookkeeping service in Canada is built for YOU.

Who Needs Cloud Bookkeeping Services?

You likely need a professional cloud bookkeeper Scarborough or online bookkeeper Scarborough if you are:

Sole proprietor or Self-employed professionals (freelancers, consultants, creatives, etc.) struggling to manage books manually or DIY
Small businesses with no in-house accountant or DIY bookkeeping is not working
A medical professional or professional corporation needing industry-specific financial tracking (e.g., doctors, dentists, engineers, architects)
A lawyer or law firm using legal software like CosmoLex, Clio, or PCLaw
Startups looking to scale with smart financial processes
An ecommerce seller using Shopify, Amazon, eBay, Etsy, Walmart, etc. multichannel with complex and huge transaction volume
Service-based businesses
Businesses looking to transition from spreadsheets to cloud accounting tools

Behind on your books and need catch-up bookkeeping services
Wanting to integrate with CRA for smooth HST, payroll, and T2 corporate tax filings

Good bookkeeping is essential for:

Accurate T1 (self-employed) or T2 (corporate) tax returns
GST/HST filings
Payroll compliance
CRA audit readiness
Cash flow monitoring and budgeting

Our Cloud Bookkeeping Services Include:

Small business accountants at MAQ CPA offer tailored bookkeeping services Scarborough to match your industry and size. Here’s what we can handle for you:

Setup and integration of QuickBooks Online, Xero, Wave, CosmoLex, and other apps
Categorization and recording of daily transactions
Monthly bank and credit card reconciliations
HST/GST/PST tracking and CRA remittance prep
Payroll support and T4 summaries (if applicable)
Income and expense reports
Monthly financial statements (P&L, Balance Sheet, Trial Balance)
Year-end tax prep coordination (T1, T2, T2125, etc.)
Catch-up bookkeeping for delinquent years
Integration with ecommerce platforms using A2X software or other apps as per your subscription (Shopify, Amazon, Etsy, eBay, Walmart, etc. multichannel)
Audit support and records management in line with CRA audit requirements

Filing Timelines and CRA Compliance

🔹 When Bookkeeping Affects Your Filing:

Activity	Related Filing	Deadline
Bookkeeping (monthly/quarterly)	GST/HST return	Monthly/Quarterly/Annually
Year-end books	T1 (self-employed)	June 15 (balance due April 30)
Year-end books	T2 (corporate)	6 months after fiscal year-end
Payroll records	T4 & remittances	Feb 28 (annual slips) & monthly/quarterly

🔹 Why Timely Bookkeeping Matters:

Prevents CRA penalties for late filing/remittance
Helps avoid audit issues due to inconsistencies
Keeps your cash flow and financial health transparent
Ensures you’re not missing tax deductions

Why Choose Us for Cloud Bookkeeping in Toronto?

✅ CRA-Ready Reports – Every entry and report is prepared with Canadian tax laws in mind

✅ Industry-Specific Knowledge – We understand legal trust accounting, healthcare billing, ecommerce complexity, and more

✅ Fully Cloud-Based – Access your books anywhere, anytime—on any device

✅ CPA Supervised – Your file is reviewed and managed by licensed Canadian accountants

✅ Scalable – Whether you’re solo or a growing firm, we tailor services to grow with you

✅ Catch-Up & Cleanup Pros – We help clients who are 6, 12, or even 36 months behind

✅ Cloud Ecosystem Expertise – Seamless integrations between apps like Shopify, Stripe, Hubdoc, Dext and your accounting software

✅ Transparent Pricing – Flat monthly fees with no hidden charges

✅ Year-End Ready – We make your year-end tax filing (T1, T2, GST/HST) easier by working seamlessly with your tax accountant (or handling it ourselves).

Frequently Asked Questions (FAQs)

1. I already use QuickBooks — why do I need a bookkeeper?

Using QBO is great — but unless transactions are categorized properly and reconciled monthly, CRA errors can happen. We add expert oversight, cleanup, and compliance.

2. Can you help if I’m behind on my books?

Absolutely. We specialize in catch-up bookkeeping and can get you fully caught up — whether you’re 6 months or 3 years behind.

3. What’s the best software for my business?

QuickBooks Online is our go-to, but we also support Xero and Wave for small business. Similarly, CosmoLex is our go-to for legal bookkeeping for law firms and lawyers, but we can also support Clio and PCLaw. We’ll recommend what fits your business and budget best.

4. Can you help with GST/HST filings?

Yes. We track sales tax, claim ITCs, and prepare your GST/HST returns on time—monthly, quarterly, or annually.

5. Is this service available outside Toronto?

Yes! We work with clients across Canada — everything is cloud-based and CRA-compliant.

6. Can you take over from my current bookkeeper or messy spreadsheet?

Absolutely. We specialize in transitions, cleanups, and ongoing support. We’ll get your books clean, current, and on the cloud.

7. Do you offer bookkeeping for self-employed individuals?

Yes. We support freelancers, gig workers, consultants, and other self-employed professionals with tailored packages that meet their filing needs.

Simplify Your Bookkeeping—Let Us Handle It Online by our Remote Bookkeepers Toronto

Get peace of mind, real-time insights, and CRA-compliant records—without the paperwork. Let our cloud bookkeepers Toronto or online bookkeepers Toronto manage your books so you can focus on running your business. Don’t wait until tax time to find out your books are a mess. Let’s get your financials in shape — so you can scale confidently, stay CRA-compliant, and finally sleep at night.

📅 Book a Free Consultation: Schedule Here

📧 Email us: info@maqcpa.ca
📞 Call us: (416) 901-4126