Bookkeeping Services for Vancouver Businesses
xBooks provides bookkeeping services for established service businesses in Vancouver and the Lower Mainland — with accounting and tax built into the relationship.
From day-to-day bookkeeping and GST/PST filings to payroll, year-end accounting and tax, we take care of the financial side of your business from beginning to end.
Better books. Better accounting. Fewer surprises at tax time.
Bookkeeping That Goes Beyond The Books
Good bookkeeping isn't just about keeping QuickBooks up to date. It's about making sure the financial information behind your business is accurate, organized and ready for everything that comes next.
At xBooks, we look at bookkeeping as part of a larger accounting and tax process. Transactions are categorized with year-end in mind. GST and PST are reconciled to the books. Payroll is accounted for properly. Balance sheet accounts are reviewed. And issues are dealt with throughout the year rather than being left until year-end.
That means cleaner books, more useful financial information and a much smoother accounting and tax process.
It also means having one team that understands what's happening in your business throughout the year.
What Our Bookkeeping Services Include
Bookkeeping needs vary from business to business. Our role is to make sure the financial side of your business stays accurate, current and properly organized — with the level of attention your business actually needs.
Bookkeeping & Reporting
Ongoing bookkeeping, transaction categorization, bank and credit card reconciliations, account review and clear financial reporting.
Gst, Pst & Payroll
GST and PST preparation and filing, payroll accounting and remittance support — all reconciled back to your books.
Year-end Accounting & Tax
Year-end account review and reconciliation, supporting information organized, and tax preparation and filing coordinated as part of the process.
Book a call and let's see if we're a good fit.
Built for Established Service Businesses
Our clients are established service businesses that want their bookkeeping and financials handled properly, not just maintained.
Typical Business Size: Most clients come to us once the business is established, typically between $200,000 and $2 million in annual revenue.
Healthcare Professionals
Real Estate Professionals
Agencies & Creative Firms
Property & Service Businesses
Trades & Contractors
Consultants
One Team. Bookkeeping, Accounting & Tax.
Bookkeeping doesn't exist in isolation. The decisions made in your books affect your financial statements, GST and PST filings, payroll, year-end accounting and ultimately how much tax you pay.
That's why xBooks brings bookkeeping, accounting and tax together under one roof.
We handle the bookkeeping, accounting and tax side of your business and coordinate the entire process from beginning to end.
Bookkeeping
Accounting
Tax
You deal with xBooks. We take care of the rest.
Bookkeeping Support That Fits Your Business
Every business is different.
Not every business needs the same level of bookkeeping support. The right schedule depends on the size and complexity of your business, transaction volume, payroll and sales tax requirements, and how often you need financial information..
Annual
For businesses with minimal activity.
A practical option for simpler businesses that don't require ongoing financial reporting or frequent bookkeeping throughout the year.
Semi-Annual
A little more support.
A mid-year check-in helps keep the books organized and gives us an opportunity to identify issues before year-end.
Quarterly
Regular visibility.
Regular bookkeeping and review throughout the year, particularly useful for businesses with GST or other quarterly reporting requirements.
Monthly
The highest level of support.
Ongoing bookkeeping & accounting for businesses with greater activity, payroll, more complex reporting requirements or owners who want their financial information kept current.
As your business changes, the level of service can change with it.
When Businesses Come To Xbooks
Sometimes something needs fixing. Other times, the business has simply reached the point where managing the books yourself no longer makes sense.
A few months can quickly become a year or more. We catch up the bookkeeping, reconcile the accounts and get the business back to a reliable starting point
The Books Are Behind
You're Ready To Stop Doing It Yourself
As the business grows, bookkeeping takes more time and becomes more complicated. We take over the financial side so you can focus on running the business.
You're Not Confident The Books Are Right
Having transactions entered isn't the same as having accurate books. Accounts need to reconcile, balances need to make sense and the financial statements need to reflect what's actually happening in the business.
Bookkeeping, Accounting & Tax Feel Disconnected
When different people handle each part, problems can be discovered late, work gets duplicated and year-end becomes more complicated than it needs to be.
xBooks brings the process together.
Bookkeeping For Vancouver Service Businesses
xBooks is based in Vancouver and works with service businesses and self-employed professionals throughout Vancouver and the Lower Mainland.
A contractor's books don't look like a consultant's.
That local experience matters. B.C. businesses can have different bookkeeping and compliance requirements depending on what they do — from GST and PST to payroll, WorkSafeBC, corporate filings and year-end tax obligations.
Contractors & Trades
Relevant considerations can include GST/PST, payroll, equipment and vehicle expenses, WorkSafeBC and properly categorized job-related costs.
Healthcare Professionals
Healthcare practices can have different GST considerations, professional expenses, payroll and practice-related costs.
Real Estate Professionals
Vehicle, home-office, marketing and other business expenses need to be properly documented and categorized.
Consultants & Agencies
Revenue and expense tracking, GST, payroll or contractor costs and financial reporting all need to reflect how the business actually operates.
Am I actually making money?
Get clear, accurate financial information so you can measure real progress.
Frequently Asked Questions
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The cost of bookkeeping depends on the size and complexity of the business, transaction volume and how frequently the books need attention.
At xBooks, bookkeeping for sole proprietors starts at $200 per month, while incorporated businesses start at $250 per month. More active or complex businesses that require quarterly or monthly attention will generally cost more.
We'll recommend a level of service based on what your business actually needs.
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Not necessarily.
Some businesses benefit from monthly bookkeeping, while simpler businesses may only need quarterly, semi-annual or annual attention. We look at transaction volume, payroll, GST/PST requirements, reporting needs and overall complexity before recommending a schedule.
The goal isn't to sell you more bookkeeping. It's to make sure your books receive the right amount of attention.
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Yes. Catch-up bookkeeping is a common reason businesses come to xBooks.
We can review what has already been done, reconcile the accounts, correct bookkeeping issues and bring the books up to date. Once everything is in order, we can determine what level of ongoing service makes sense.
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Yes. We can prepare and file GST and PST returns and take care of payroll accounting and remittances as part of our bookkeeping services.
Because these accounts are tied directly to the bookkeeping, we make sure the underlying balances reconcile rather than treating the filings as separate from the books.
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Yes. That's one of the main differences between xBooks and a traditional bookkeeping service.
We handle the bookkeeping, accounting and tax side of your business and coordinate the entire process from beginning to end.
You don't need to manage separate relationships with a bookkeeper, accountant and tax preparer, or explain your business all over again at year-end.
You deal with xBooks. We take care of the rest.
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No. xBooks is based in Vancouver and primarily serves businesses throughout Vancouver and the Lower Mainland, but much of our work can be done remotely.
QuickBooks Online and secure digital document sharing allow us to work with businesses without requiring regular in-person meetings.
Looking for a Bookkeeper in Vancouver?
If you're looking for someone to simply enter transactions, there are plenty of options.
If you're looking for a team that can take care of the bookkeeping, accounting and tax side of your business from beginning to end, that's what xBooks is built to do.
Tell us a little about your business and how you're currently handling the books. We'll talk through what you need, where things stand today and what level of service makes sense going forward.
No pressure. Just a conversation about your business and how we can help.