EReporting

Clean books. Clear statements.
Numbers you can run on.

Managed reporting for owner-operated businesses: bookkeeping on a fixed monthly fee, financial statements that close on time, and management reporting that shows what's actually happening in your business. All work is CPA-led and delivered up to the Northern Standard.

1.1

Bookkeeping

The recording of your transactions into a double-entry accounting system (GnuCash), with monthly reconciliations and a trial balance, on a fixed monthly fee.

What's included

  • Transaction entry from source documents and bank/credit-card statements
  • Bank and credit-card reconciliations
  • Month-end close and trial balance
  • Standard account reconciliations as agreed (intercompany, loans, prepaids)
  • Access to your GnuCash file and standard reporting

What's not included

  • Payroll runs (remittances and T4s are a Compliance service)
  • Bill payment and accounts payable/receivable administration
  • GST/HST filing and tax returns
  • Financial statements (1.2) and CSRS 4200 compilation (1.3)
  • Loading transactions into an external platform (additional service, below)

What we need from you

  • Monthly bank and credit-card statements (or portal access)
  • Source documents, complete and timely
  • Confirmation of intercompany / related-party transactions
  • Responses to queries within 3 business days

Pricing

ItemMonthly fee
Base (per entity/segment/function)$200
Transaction add-on (trailing 3-month average):
1–25 transactions+ $75
26–50 transactions+ $100
51–100 transactions+ $125
101–200 transactions+ $150
200+ transactionsCustom quote
Each additional entity/segment/function (2nd onward)−20% on base
Platform loading (GnuCash → QBO, Xero, etc.)From $150/mo
One-time onboarding / clean-upFrom $300

Books closed by the 10th business day of the following month. Tiers re-assessed quarterly. Onboarding fee waived if opening books are provided in good order. Month-to-month, 30-day notice. All fees plus HST.

1.2

Internal Financial Statements

Balance sheet, income statement, statement of cash flows, and statement of changes in equity, prepared from your books for internal management use.

What's included

  • Balance sheet, income statement, statement of cash flows, statement of changes in equity
  • Summary notes as agreed
  • Prepared from closed books (bookkeeping clients) or your trial balance
  • Pairs with management reporting (1.4)

What's not included

  • Compilation engagement report (see 1.3) or any assurance
  • Full financial-statement notes beyond the summary agreed
  • Tax returns and provisions
  • Statements for third-party external use

Pricing

ItemFee
Monthly internal statement$250 per statement
Quarterly internal statement$450 per statement

Monthly statements within 15 business days of month-end; quarterly within 3 weeks of quarter-end. All fees plus HST.

1.3

CSRS 4200 Compilation

Annual financial statements compiled in accordance with CSRS 4200, Compilation Engagements, including applicable notes and a compilation engagement report.

What's included

  • Year-end adjusting entries and finalization of the trial balance
  • Financial statements with applicable notes
  • Compilation engagement report
  • Review of significant balances with management
  • Signed PDF statements + working file

What's not included

  • Assurance (audit or review)
  • Tax returns, provisions, or tax planning
  • Internal statements during the year (see 1.2), unless separately scoped

Pricing

TierProfileAnnual fee
SimpleHolding/investment entity, minimal activity$1,750
StandardOperating entity, revenue under $5M$2,500
ComplexRelated group, intercompany, partnerships, development$3,500

Delivered within 6 weeks of complete year-end data. Existing bookkeeping clients deliver cleaner data: faster turnaround, same fee. All fees plus HST.

1.4

Management Reporting

KPI and special-purpose reporting: a specific metric or view you need tracked that isn't already obvious in the financial statements (e.g., variance vs. budget, unit economics, project tracking).

What's included

  • Design of the report format and metric definitions
  • Periodic production (typically monthly)
  • Variance vs. budget analysis where a budget exists
  • Brief written commentary on what the numbers show

What's not included

  • Creation of the budget or forecast itself (an Advisory service)
  • Financial statement preparation (see 1.2)
  • Data sourcing beyond what you provide

Pricing

ItemFee
Per report (typical monthly KPI / variance pack)From $350
Quarterly retainer (3 reports)$950

Typically delivered within 5 business days of close. Custom retainers can be scoped per client. All fees plus HST.

?Not sure where to start?

Let's scope what you need.

Book a discovery call and we'll map the right combination of services to your business, with a clear engagement letter and fixed fees before any work begins.