Behind on Your Books? Let's Fix It.
Catch-Up Bookkeeping
Whether you’re three months or three years behind, we’ll rebuild your records, reconcile every account and get your HST and tax filings current, without judgment and with a fixed quote before we start.
Overview
Catch-up bookkeeping brings overdue financial records up to date. Solstice Partners reconstructs transactions from bank and credit card statements, reconciles every account, corrects past errors, and prepares any unfiled GST/HST, payroll and corporate tax returns. Pricing starts from $175 per month of records, and many clients then move to monthly bookkeeping so they don’t fall behind again.
Falling behind is common: the business grew, a bookkeeper left, a family matter took priority, or the software never got set up properly. The longer it goes, the more it costs. Late-filing penalties and interest build, input tax credits go unclaimed, and you lose the information you need to price, hire or borrow.
You don’t need to have everything organized before you call us. Bank statements are usually enough to begin. We’ll tell you exactly what else we need, and we’ll help you get it.
What We Offer
Record Reconstruction
We rebuild your books from bank, credit card and payment-processor statements, then match receipts and invoices where they exist. Missing documents are flagged, not guessed.
Full Account Reconciliation
Every bank, credit card, loan and payout account reconciled to statement balances, month by month, so your opening position for each year is correct.
Software Clean-Up or Migration
Duplicates, miscoded transactions and broken bank rules fixed in your existing file, or a fresh start in QuickBooks Online or Xero.
Overdue GST/HST Returns
Late HST returns prepared and filed with input tax credits properly claimed. In many cases, accurate ITCs significantly reduce the balance owing.
Unfiled Tax Returns
Overdue T2 corporate returns and personal returns with business income prepared from the rebuilt books and filed in the right sequence.
CRA Correspondence Support
We can act as your authorized representative on CRA letters and demands, and assess whether a voluntary disclosure makes sense.
How Catch-Up Bookkeeping Works
- Free assessment. We review what you have (software access, statements, any CRA letters) and identify how far behind each obligation is.
- Fixed quote and plan. You receive a written, fixed-fee quote and a sequence. Anything with a CRA deadline or demand goes first.
- Rebuild and reconcile. We reconstruct and reconcile your records period by period, sending one consolidated list of questions rather than a stream of emails.
- File and resolve. Overdue HST, payroll and income tax returns are prepared, reviewed with you and filed.
- Stay current. Move straight into monthly bookkeeping at your regular rate so the backlog never rebuilds.
Signs You Need Catch-Up Bookkeeping
- You haven’t reconciled your bank accounts in more than two or three months
- Your accounting software balance doesn’t match your actual bank balance
- You’ve received a CRA letter, demand to file or notice of assessment you weren’t expecting
- GST/HST returns are overdue, or were filed as “nil” because the numbers weren’t ready
- Your corporate year-end has passed and you don’t have financial statements
- A lender, investor, landlord or grant program has asked for financials you can’t produce
- Your previous bookkeeper left and nobody is sure what was finished
Why Act Now: Penalties, Interest and Relief
The cost of waiting compounds. For income tax, the CRA’s standard late-filing penalty is 5% of the balance owing plus 1% for each full month the return is late, up to 12 months, and interest accrues daily on unpaid amounts. Separate penalties apply to late GST/HST and payroll filings.
There is also real relief available to people who come forward. Since October 1, 2025, the CRA’s Voluntary Disclosures Program offers, for qualifying unprompted disclosures, relief from penalties and 75% of the applicable interest; disclosures made after CRA contact may still receive partial relief. Eligibility depends on your circumstances, and an application must be complete and supported by records, which is exactly what catch-up bookkeeping produces. We’ll tell you honestly whether a voluntary disclosure is worth considering for your situation.
Why Choose Solstice Partners
We bring overdue books, HST and tax filings current in the right order, with a price you know before we start.
Fixed Quotes, No Open-Ended Billing
Catch-up work is quoted as a fixed fee based on the number of months and accounts involved, so you know the full cost before we start.
Deadlines Handled First
We prioritize whatever carries the highest penalty risk or an active CRA demand, so the most urgent exposure is dealt with early.
No Judgment, Just Progress
Everyone falls behind for a reason. Our job is to get you current and keep you there, not to lecture you about how it happened.
Frequently Asked Questions
Get Back on Track
The hardest part is starting. Book a free assessment and we’ll tell you exactly where you stand, what it will cost to get current and what needs to happen first. Call +1 647 502 6864.
