Financial Services for Startups: Empowering Your Business Growth

Running a startup is exciting, but managing your financials can be overwhelming. 

We’re here to relieve the stress of your finances with tailored, tech-driven solutions that will set your business up for success. 

Explore our comprehensive suite of services designed to support startups through every phase of growth.

Bookkeeping

Keeping Your Records Clean and Organized

Tracking your financial transactions is crucial for making informed decisions. 

We provide meticulous bookkeeping services tailored to your needs—monthly, quarterly, or annually. From recording expenses and revenue to reconciling accounts, our streamlined process ensures your records are always accurate, giving you the clarity to focus on growth.

Bank & Credit Card Reconciliations

Seamless Reconciliations, Better Insights

Avoid the headache of mismatched accounts. 

Our reconciliation services ensure that your bank and credit card statements align perfectly with your records. By catching errors and discrepancies early, we help you maintain accuracy and gain better insights into your cash flow.

Account Management

Efficient Cash Flow Management

We help you stay on top of incoming payments and outgoing obligations. 

From tracking and following up on customer invoices to managing vendor payments, we’ll ensure your cash flow remains smooth and predictable. Let us handle the details so you can focus on your core business.

Taxes

Compliance Without the Stress

Taxes don’t have to be taxing! 

Whether it’s corporate, sales, or payroll taxes, we’ll ensure you stay compliant with current regulations. From preparing and filing returns to identifying tax-saving opportunities, we’re your trusted partner in navigating the complexities of taxation.

Payroll

Accurate, On-Time Payroll Management

Your team deserves to be paid on time, every time. 

Our payroll services ensure seamless processing, accurate deductions, and timely payments. We’ll manage everything from direct deposits to year-end reporting, keeping your employees happy and your business compliant.

  • Accurate calculations and on-time employee payments.

  • Compliance with federal and provincial payroll regulations.

  • Clear and easy-to-read reporting tailored to your business needs.

Financial Statements

Clear, Professional Financial Reporting

Make informed decisions with confidence. 

We compile comprehensive financial statements that give you a clear picture of your business performance. Whether it’s for stakeholders, lenders, or your peace of mind, our accurate and professionally presented reports ensure you’re always ready.

Accounting Set-up

Starting Your Business From Scratch?

Let’s build your financial foundation together! 

We’ll help you set up an efficient accounting system tailored to your business needs. From selecting the right software to implementing best practices, we ensure you’re equipped with the tools and knowledge to manage your finances effectively from day one.

CFO Services

Strategic Financial Leadership Without the Full-Time Cost

Elevate your business with expert financial guidance. 

Our Fractional CFO services provide startups with strategic insight and leadership to drive growth and make informed decisions. From budgeting and forecasting to fundraising and financial strategy, we act as your on-demand CFO, helping you navigate challenges and seize opportunities without the commitment of a full-time hire.

What Our Customers Say

  • "Lisa and her team at Compass Accounting have been exceptional! Their expertise, reliability, and dedication to my business’s financial health have been invaluable. I'm forever grateful for the personalized approach that makes everything easy. I trust their advice completely! I couldn’t ask for a better team to manage my accounting needs. Highly recommended!"

    - James T.
    Crystal Cave Inc.

  • “I have been working with Compass Accounting for the past 8 years. My company, Joel Evan Pools, has benefited greatly from Lisa’s expertise in book keeping. I am able to focus on my day-to-day business, and not worry about the paperwork side of things. I know Lisa is handling everything with CRA, WSIB, Source deductions, Payroll calculations, etc. It keeps my mind at ease knowing that all this is taken care of. Lisa is always easy to get in contact with, and is always willing to talk about my business needs or concerns. Compass Accounting has been a key part of my business running smoothly.”

    - Joel and Melanie B.
    Joel Evan Pools

  • “I have been a client of Compass Accounting since 2021. Lisa is extremely responsive, professional, and approachable. She takes the time to answer any questions or concerns I have and is very personable! I highly recommend Compass Accounting for your accounting needs!”

    - Brooke R.
    BC Cosmetics

FAQs

  • Bookkeeping is the backbone of your financial health. It keeps your records organized and accurate, ensuring you have a clear view of your business’s performance and compliance with financial regulations.

  • Our payroll services cover everything from direct deposits and tax deductions to year-end reporting and compliance. We ensure your employees are paid accurately and on time.

  • We help you choose the right accounting software, customize it for your business needs, and implement best practices to ensure efficient financial management from day one.

  • Absolutely! We handle corporate, sales, and payroll taxes, ensuring compliance with current regulations and identifying opportunities for tax savings.

  • We combine deep expertise with a supportive and tech-driven approach, helping startups stay compliant, maximize potential, and focus on growth. Our tailored solutions empower you to succeed.

Strategic Support When You Need It Most

At Compass Accounting you get strategic guidance at every stage of your business journey, empowering clients to succeed even in the face of financial challenges.