A real estate business carries challenges such as generating income through working on real estate clients, meeting business profitability growth targets, and being tax compliant while generating income and earning profits. At AAT Accounting Solutions, we have years of experience providing exceptional bookkeeping, payroll, tax consulting, and business consulting services to real estate brokers, investors, developers, property managers, contractors, and real estate agents.
Working with AAT Accounting Solutions, you will have peace of mind to run your real estate business smoothly by gaining access to accurate bookkeeping, being always tax compliant, saving taxes through advanced tax planning, and increasing profits and cash flow through in-depth business financial planning.
Below are the services we offer to Real Estate Businesses all over Canada:
Bookkeeping
Our Bookkeeping services include preparing your real estate business’s books by collecting monthly financial information, categorizing it, and entering it accurately in the accounting software. We conduct a thorough review of your books and ensure all general ledger and bank accounts are reconciled and payroll compliant.
This service offers:
- Accounts Payables processing
- Accounts receivables processing
- Payroll administration
- Sales Tax Filing
- Bank Reconciliation
- Financial Statement Preparation
Taxation
Our Tax return submission and planning services ensure best practices are in place, so our clients are paying the least amount of taxes as possible and are eligible as many tax deductions/credits as possible. At AAT Accounting Solutions, we take a holistic view of your financial situation as a business owner and help you develop compensation plans that cater to your current and future needs. Whether you are a sole proprietor, in a partnership, or have a corporation, we strive to help you with your taxation requirements and resolve any issues with CRA.
Business Consulting
Our Business Consulting services offer access to regular management information in real-time and help you understand the difference between cash and profit. These offerings through our packages help you to avoid any potential business failures and work towards enhancing your business growth. This service offers:
- Monthly Financial dashboard
- Accounts receivable monitoring.
- Expense monitoring and advice.
- Lean Business Planning
- 1-year full financial forecast
- Rolling cash flow and profit forecasts
- Profit improvement resource center
- Financial scenarios based on need.
- Financial planning
- Strategic Planning
We understand that each business has specific challenges, and our firm can provide customized solutions to you and your business.
How does the Process work?
We meet with you (online or in-person if you prefer) to discuss below:
- Your business’s current challenges and where you envision your business in the future.
- Existing tax planning strategies in place for tax minimization and retirement planning.
Keeping your challenges in consideration, we will provide you with our bundle of services that will work best for you.