Services

Bookkeeping Payroll Financial Statements Income Tax Controllership Due Diligence Studies Business Plans Budgeting Enterprise Resource Planning (ERP) Computer Implementation Specialists Training

Bookkeeping

MASCO provides complete bookkeeping and accounting services to several clients in a wide range of industries including restaurants, florists, car dealerships, logging contractors, and truck loggers. Services include:

• Monthly bookkeeping
• Bank reconciliation
• Monthly, quarterly, annual reporting
• GST/PST & other statutory remittances
• Fuel Tax Rebates

Payroll

MASCO provides payroll service, and includes:

• Preparation of weekly, bi-weekly, or monthly payrolls
• Time entry, cheque (or direct deposit) preparation & distribution
• Canada Revenue Agency remittances
• WCB reports and remittance
• Benefit plan claims, maintenance & remittances
• Record of Employment (ROE) for Employment Insurance (EI)
• Company & external RRSP remittances & maintenance
• T4/T4A preparation and reporting
• Payroll General Ledger and Cost Reporting

Financial Statements
MASCO provides complete, concise, easy to understand financial statements, including:

• Notice to Reader
• Review

Income Tax
MASCO provides income tax services for:

• Personal
• Farm / Ranch
• Business
• Corporate

Controllership
Every business requires accounting services, and as your business grows, so does the complexity of your accounting needs. We offer the service of controlling your business from an accounting standpoint, which allows you to do the thing you do best – that is, to run your business.

Due Diligence Studies
In the acquisition of a business, a Due Diligence Study is recommended. MASCO performs this function in co-operation with your corporate Solicitor.

Business Plans
Most financial institutions require a well prepared business plan to accompany any request for acquisition of a new or existing business, or for large capital loans. McFarlane Accounting Solutions can develop the business plan that best suits your needs.

Budgeting
McFarlane Accounting Solutions will prepare a budget to go along with all business plans and capital project funding. We also specialize in the preparation of, and maintenance of manufacturing plant budgets for the forest and mining industries.

Enterprise Resource Planning (ERP)
All data and processes of an organization are amalgamated into a single unified system. A typical ERP system will use multiple components of computer software and hardware to achieve the integration. A key ingredient of most ERP systems is the use of a single, unified database to store data for the various system modules.

Computer Implementation Specialists
All staff and associates of MASCO have participated in the planning, design, training, and setup of several ERP systems.

Training
MASCO has participated in numerous projects that entail the training of office and accounting staff in all aspects of business management. Our expertise is focused in the following programs: