Bookkeeping
Bookkeeping
Bookkeeping for every organization, from small businesses to large corporations, can be a very time consuming. Frontline Accounting solutions ltd specializes in providing these services to small and medium sized businesses that would not normally retain a full time accounting clerk.
Our professional accountants follow closely GAAP guidelines to insure the quality and the efficiency of the books. We offer a complete bookkeeping process, from compiling original source documents to final Income statement and balance sheet.
Our wide array of services includes:
Business Consulting - Turn your challenges into solutions
Goods and Services Tax (GST/PST Report)
Review of Financial Statements
Compilation of Financial Statements
Bookkeeping
Small Business Accountant in Quebec
Business Consulting - Turn your challenges into solutions
Frontline Accounting solutions ltd. consultants can help you plan, grow and structure your business. We are known for our straightforward approach to solving our clients' most complex business challenges. We work hand-in-hand with clients to improve business performance, drive shareholder value and create competitive advantage
Goods and Services Tax (GST/PST Report)
Under an agreement between the federal and Québec governments, Revenue Québec is responsible for administering the GST/HST in Québec.
Consequently, we are work with Revenue Québec to receive and process the applications for GST/HST registration of all persons carrying on a commercial activity in Québec.
- Vladination of the GST registration number click here
- Vladination of the QST registration number click here
- WEBRAS – CALCULATION OF SOURCE DEDUCTIONS AND EMPLOYER CONTRIBUTIONS click here
Review of Financial Statements
At Frontline Accounting solutions ltd, we can review the financial statements you submit to us, and suggest the plausibility of your financial position and business operations.
Reviewing Finanacial Statements tends to require significantly less work than audits. A review primarily consists of enquiry, analytical procedures and discussions related to information that you provide. We then assess whether the details you have given are plausible for your business.
A fresh perspective can be beneficial when it comes to your financial situation. Our dedicated team of professionals can review your financial statements in the event that bankers, outside shareholders and others will rely on them to make impactful decisions regarding your business.
We will look over your figures for plausibility in accordance with generally accepted accounting principles (GAAP).
Compilation of Financial Statements
We thrive on bringing things together - numbers, books, and plans for the future. Trust us to pull together your financial results, present them professionally in easily readable formats, and give you the specific information you need to make smart business decisions, fast. We put it together and you reap the rewards of complete and straightforward financial affairs.
Bookkeeping
Sometimes, all you need is a little organization. At Frontline Accounting solutions ltd, we're happy to help you with your bookkeeping needs. After all, we’re here to make sense of your numbers.
The Quick Method Accounting:
If you use the Quick Method of Accounting as of the first day of your fiscal year, or as of your GST and QST registration date, you may apply a 1% rate reduction to a portion of your taxable supplies (excluding zero-rated supplies). For GST purposes, the 1% reduction applies to the first $30,000 of your taxable supplies (including GST) made during each fiscal year. For QST purposes, the 1% reduction applies to the first $31,421 of your taxable supplies (including QST) made during each fiscal year.
If you file monthly or quarterly returns, the 1% reduction applies to your supplies made during the first reporting period and subsequent reporting periods in the fiscal year, until the fiscal year ends or until the amount of sales reaches $30,000 (including GST), for GST purposes, and $31,421 (including QST), for QST purposes.
If you file an annual return, for GST purposes, the 1% reduction applies to the first $30,000 of supplies (including GST) and, for QST purposes, the first $31,421 of supplies (including QST) made during the fiscal year.
If your total supplies in any fiscal year are under $30,000, for GST purposes, and $31,421, for QST purposes, the unused amount cannot be carried forward.
Example of how to calculate the 1% rate reduction
A dry cleaning business that has elected to use the Quick Method of Accounting is eligible for the 1% rate reduction. After calculating the tax amounts for the first quarter using the 3.6% rate for the GST and the 6.6% rate for the QST, the business operator calculates the 1% rate reduction to determine the final amounts to be remitted to Revenu Québec.
Small Business Accountant in Quebec
Small Business Accountant in Quebec | Bookkeeping, Tax & Accounting for SMEs
Frontline Accounting Solutions Ltd. provides complete small business accounting services across Quebec, serving entrepreneurs, startups, contractors, and growing companies in Montreal, Laval, and surrounding regions.
We specialize in helping Quebec small businesses stay compliant, organized, and profitable — with affordable bookkeeping, tax filing, payroll, GST/QST management, and year-end corporate reporting.
Whether you run a retail shop, construction business, consulting practice, e-commerce store, or professional service firm, we provide the accounting foundation your business needs to grow.
Why Small Businesses Across Quebec Choose Us
- Quebec small business specialists
We understand the unique needs of Quebec SMEs, including Revenu Québec rules, provincial tax credits, compliance obligations, and the realities of running a small operation.
- Affordable & scalable
Grow your business confidently with flexible accounting packages built for startups and small teams.
- One-stop solution
Bookkeeping, payroll, personal taxes, corporate taxes, GST/QST — everything under one roof.
- Support for entrepreneurs
We assist with incorporation, business registration, CRA accounts, and setup of cloud bookkeeping systems.
Our Small Business Accounting Services in Quebec
1. Monthly & Quarterly Bookkeeping
We keep your business organized with:
- Bank & credit card reconciliation
- Accounts payable / receivable management
- Profit & loss statements
- Expense categorization
- Customized financial reports
- Cash flow tracking
Perfect for Quebec small businesses needing reliable and compliant bookkeeping.
2. Corporate Tax Filing (T2 & CO-17)
We prepare and file:
- Federal T2 return
- Quebec CO-17 return
- Schedules (A, 1, 4, 5, 8, 50, 100, 125, 141, etc.)
- Capital cost allowance (CCA) schedules
- Loss carryforward optimization
Minimizes your tax liability and avoids CRA/RQ penalties.
3. Personal Tax Filing for Business Owners
Small business owners often need both:
- T1 personal tax return
- Business income reporting
- Self-employed expenses
- Home office deductions
- Vehicle usage & logbook calculations
We ensure you claim every eligible Quebec deduction.
4. GST & QST Registration & Filing
We handle:
- GST/QST registration
- Quarterly & annual sales tax filing
- ITC and ITR optimization
- Sales tax reconciliation
- CRA & RQ correspondence
Ensures your small business stays compliant at all times.
5. Payroll Services for Small Businesses
We manage payroll for teams of 1–30 employees:
- Payroll processing
- Source deduction remittances
- ROE, T4/T4A, RL-1 slips
- Compliance with CNESST, QPIP, RRQ
Saves you time and reduces risk of payroll errors.
6. Business Startup Support
Launching a new business in Quebec?
We help with:
- Incorporation guidance
- CRA & Revenu Québec account setup
- GST/QST registration
- Payroll account setup
- QuickBooks, Sage, or Xero setup
- Chart of accounts design
- Training & ongoing support
A complete startup package for new entrepreneurs.
7. Financial & Tax Planning for Small Businesses
We offer strategic planning for:
- Dividend vs. salary optimization
- Corporate structure review
- Tax minimization strategies
- Expense planning
- Retirement & investment tax planning
Helps maximize profits and reduce taxes legally.
Industries We Serve Across Quebec
We support small businesses in:
- Construction & trades
- Real estate & rental
- Retail shops
- Restaurants & cafés
- E-commerce businesses
- Transportation & trucking
- Consulting & IT
- Healthcare & wellness
- Beauty & personal care
- Professional services
Serving Montreal, Laval, and small businesses across Quebec.