Frequently Asked Questions
Straight answers to the questions we hear all of the time...
Yes — bookkeeping and Controller Services solve different problems. Your bookkeeper handles the day-to-day recording of transactions, while Controller Services add a layer of oversight on top: reviewing that work, managing AP and AR, monitoring cash flow, and providing the financial insight a bookkeeping role isn't typically responsible for.
Yes. We can act as your point of contact for routine CRA correspondence and inquiries, so you're not left navigating those conversations on your own.
Yes — we manage payroll for hourly, salaried, and contract staff, including all related source deductions, remittances, and year-end reporting.
Most of our forecasts look 12 to 18 months ahead, giving you enough runway to plan major decisions while staying grounded in realistic, current data.
An in-house Controller comes with a full-time salary, benefits, and management overhead. Our Controller Services give you the same level of financial oversight and decision support on a flexible, scalable basis — so you get senior expertise without the cost of a full-time hire.
Most month-end closes are completed within 10 to 15 business days after month-end, depending on transaction volume and how quickly we receive the information we need from you.
We recommend revisiting your forecast monthly or quarterly, comparing it against actual results and adjusting for any changes in your business or market conditions.
Bookkeeping is maintained on an ongoing basis throughout the month, so your books are always current heading into your month-end close — not left to catch up all at once.
We'll typically need bank and credit card statements, copies of invoices and bills, payroll reports, and answers to any outstanding questions from the prior month. The quicker these come in, the quicker your close is finalized.
We can help you get caught up. We'll review your filing history, identify any outstanding obligations, and work with you to bring everything current while minimizing penalties and interest wherever possible.
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Talk to our team. Take back control of your finances!
Start with a Financial Clarity Call: We'll assess your current setup and show you what a Fractional Controller system could look like!