Clean, Reconciled Books Every Month.
Monthly Bookkeeping
Clean, reconciled books every month — not a scramble every April. Solstice Partners handles your day-to-day bookkeeping on a fixed monthly fee, so you always know where your cash is, what you owe the CRA, and whether you’re actually making money.
Overview
Solstice Partners provides monthly bookkeeping for small and mid-sized businesses in Toronto and across the GTA. Every month we categorize transactions, reconcile bank and credit card accounts, track GST/HST, and deliver a profit-and-loss statement and balance sheet by a fixed date. Fees are fixed monthly and based on transaction volume, with packages starting from $295/month (plus HST).
Most owners don’t fall behind on bookkeeping because they don’t care. They fall behind because the business is busy, receipts pile up, and the bank feed keeps growing. Our monthly service fixes that with a simple routine: your bank and card feeds connect to cloud accounting software, our team codes and reconciles every transaction, and a professional accountant reviews the file before your month-end reports go out.
Because the same team handles your HST returns, payroll and corporate tax return, your books are built with year-end in mind from day one. That means fewer adjusting entries, a faster T2, and no “please send us everything from last year” emails in spring.
What We Offer
Transaction Categorization
Every bank, credit card and payment-processor transaction coded to the right account, with recurring vendors set up as rules so your books stay consistent.
Bank & Credit Card Reconciliations
All accounts reconciled to statement balances each month, including Stripe, Square, Shopify and PayPal payout accounts.
GST/HST Tracking
Input tax credits and HST collected tracked as you go, ready for filing on your monthly, quarterly or annual schedule.
Accounts Receivable & Payable
Unpaid invoices and bills kept current, with an aged receivables report so you can follow up before balances go stale.
Monthly Financial Reports
A profit-and-loss statement, balance sheet and short commentary delivered by a fixed date. Larger packages add cash-flow and budget-versus-actual reporting.
Year-End Ready Books
Clean, reconciled records handed straight to our tax team for your T2 or T1 business income return, with no separate clean-up fee at year-end.
How Monthly Bookkeeping Works
- Free consultation (30 minutes). We learn how your business runs: sales channels, bank accounts, payroll and HST registration.
- Onboarding and setup. We connect your bank and card feeds, review or rebuild your chart of accounts, and set up secure document sharing. If your books are behind, we start with catch-up bookkeeping.
- Monthly close. We code and reconcile transactions, post adjustments and run a review before reports are released.
- Reports and check-in. You receive your month-end package with a short note on anything unusual and a list of open questions.
- Year-end handoff. Your books go directly to tax preparation. No repackaging required.
Who Our Bookkeeping Service Is For
- Incorporated small businesses that want reliable monthly numbers and a smooth T2 at year-end
- Self-employed professionals and consultants who have outgrown a spreadsheet
- Healthcare practices, law firms and other professional practices with multiple revenue streams and strict record-keeping needs
- Restaurants, retailers and e-commerce sellers with high transaction volume and multiple payment processors
- Startups preparing for investors, lenders or grant applications that require up-to-date financial statements
What Does Bookkeeping Cost in Toronto?
Bookkeeping fees depend mainly on how many transactions you have each month, how many bank and payment accounts we reconcile, and whether you need payroll or more detailed reporting. Our packages start from $295/month (plus HST) for smaller businesses, and every package includes reconciliations, GST/HST tracking and monthly reports.
Why Choose Solstice Partners
We built our bookkeeping service around what business owners tell us actually goes wrong: missed deadlines, unexplained adjustments, and accountants who only appear once a year.
Fixed Monthly Fees
You know what you'll pay before work starts. Your fee doesn't change unless your business does, and if it does, we'll talk first.
Accountant-Reviewed Every Month
Each monthly close is reviewed by a professional accountant before reports are released, so errors are caught in the month they happen.
One Team for Books and Tax
Your bookkeeper, HST filer and tax preparer work from the same file, so year-end is faster, cheaper and far less stressful.
Frequently Asked Questions
Get Your Books Under Control
Stop wondering whether your numbers are right. Book a free 30-minute consultation and we’ll recommend the right package for your business, with a fixed monthly quote before anything starts. Call +1 647 502 6864.
