Posted September 21, 2018
Hiring Shaw & Associates Chartered Accountants means more than just getting your taxes done once a year. We are dedicated to providing our clients with top quality service that goes above and beyond expectations!
Shaw & Associates recently did a thorough review of the previous bookkeeping for a new client. We and the new client were astonished to find out that they owed $25,000 to the Canada Revenue Agency for GST. It was clear that this could not be correct, and we were able to quickly find the issue (sales were not entered correctly and the GST had been double entered, making it look like there was still a large amount owing).
While sorting through the GST issues, we discovered that not only did the client not owe the additional GST, but there were also GST credits available that hadn’t been claimed back!
Shaw & Associates was able to go above and beyond for this new client in helping them integrate their point-of-sale system with their accounting software as well. This is a fairly easy task when you know what you’re doing, but it was not a high priority for a business owner who just wanted to run their business effectively.
We made it a goal of ours to get this done for the client, to help them run their business more efficiently, and also provide excellent service for the client because helping clients is what we do.
When you’re running a business, it is crucial that you get responses to your accounting questions and concerns right away. At Shaw & Associates, we understand this and make it a priority to respond to phone calls and emails quickly. Our business is helping your business, and when you need our expertise, you need it when you need it!
This new client was also impressed with Shaw & Associates in our ability to help them find the most beneficial way to pay themselves. As a business owner, you can choose how to pay yourself (salary, dividends, or shareholder loan, for some examples), with advantages and disadvantages for each option. We were able to go over these options with our client and figure out what would work best for him and his business.
Contact Shaw & Associates Chartered Accountants to help you manage your finances more effectively. One complimentary meeting with us will put you and your business on a more profitable and positive path.