The 30 Best Cloud Bookkeeping Services in Canada
By Arthur Dubois | Published on 19 Jul 2023
Table of Contents
Having a good bookkeeper gives you the financial information you need when you need it. You will undoubtedly have peace of mind knowing that your bookkeeper is recording your financial numbers and showing the true financial position of your business.
Bookkeeping services have changed over the last 20 years. Software applications manage the vast number of bookkeeping, and they consequently store the information on the cloud. Below are the 30 best cloud bookkeeping services in Canada to help keep your books organized.
1. Cloud CPA
Cloud CPA offers cloud-based bookkeeping and accounting services. The firm is located in Woodbridge, Ontario and offers services throughout Canada.
They use the latest cloud-based bookkeeping and business programs that presently includes QuickBooks, Xero, Dext and HubDoc. Cloud CPA has an average Google review of 5-stars with a total of 84 Google reviews.
2. Achen Henderson CPAs
Achen Henderson CPAs is located in Calgary, Alberta and offers both cloud-based bookkeeping and accounting services. The accounting firm focuses on working with clients in the brewery, construction, medical, legal, hair salon, optometry, and real estate industries.
Achen Henderson CPAs use Xero and QuickBooks for cloud-based accounting and bookkeeping, and also use common cloud-based applications such as ReceiptBank and Plooto. The firm has an impressive average Google Review star rating of 4.9 with 104 Google reviews in total.
3. Accountor CPA Canada
Accountor CPA Canada is based in Toronto, Ontario and offers full accounting services. Including cloud bookkeeping services for nearly all Canadian companies.
They use QuickBooks, Xero, SAGE, and Freshbooks for cloud-based bookkeeping. Accountor CPA has provided accounting services to major Canadian companies including Tim Horton’s and Boston Pizza. Moreover, they have an average 4.7 star Google review with 27 Google reviews in total.
4. Zenbooks
Zenbooks is based in Ottawa, Canada. So far, they offer bookkeeping and accounting services for small to medium sized companies across Canada. As a result of that, they have a solid 5-star Google Review with 28 reviews and have appeared in the Ottawa Business Journal and CityNews.
5. Cloud Business Services
Cloud Business Services is based in Ontario, Canada. They offer full-cycle bookkeeping services and do not offer accounting services outside of bookkeeping. Above all, they use a variety of cloud-based bookkeeping software including QuickBooks, bookkeep, Veem and Dext.
6. SRJ Chartered Professional Accountants
SRJ Chartered Professional Accountants is based in Toronto, Ontario. They offer full-service cloud-based bookkeeping and accounting services.
The firm works with many accounting, bookkeeping, and business software, including QuickBooks, Xero, ReceiptBank, and Shopify for example. Presently, they have 27 Google Reviews and a 4.5–star rating.
7. KINDEN
KINDEN is located in Halifax, Nova Scotia. They offer cloud-based bookkeeping services for clients located in the Maritime Provinces of Halifax, New Brunswick, and PEI.
The company uses and is familiar with all major cloud-based bookkeeping software. As a result, they will support their clients with the program they prefer. The firm has a solid 5-star Google review rating with a total of 28 reviews.
8. Xen Accounting
Xen Accounting is a cloud-based booking and accounting services firm based in Montreal, Quebec but offers services all across Canada. The firm uses Xero for bookkeeping services and is one of only four Xero platinum partners in Canada.
Xen Accounting has 20 Google reviews with an average rating of 4.8 stars. The Equiom Group acquired Xen in 2018 and continues to operate under the Xen Accounting name.
9. Canadian Cloud Accounting
Canadian Cloud Accounting is located in Petawawa, Ontario. They offer bookkeeping services across Canada, specifically in the industries of healthcare, construction, hospitality, engineering, eCommerce, rentals, and fitness.
The firm uses Freshbook and Xero for bookkeeping services and offers yearly tax preparation for their small business clients. Canadian Cloud Accounting has an average Google review rating of 4.8 Stars with 6 reviews in total.
10. Enkel Backoffice Solutions
Enkel Backoffice Solutions is based in Vancouver, BC. They offer bookkeeping and accounting services for clients across Canada.
The firm uses QuickBooks and Xero for cloud-based bookkeeping services and offers services for companies in the following industries: non-profits, retail, eCommerce, technology, professional services, food and beverage, trades, and healthcare. Enkel Backoffice Solution has 26 Google reviews with an average Google rating of 4.5 stars.
11. Lingard + Dreger
Lingard + Dreger is located in Saskatoon, Saskatchewan and offers cloud-based accounting and bookkeeping. The firm uses Xero for bookkeeping services and also uses Hubdoc for online accounting. The accounting firm currently does not have any Google reviews.
12. B A SHEAHAN & Associates
B A Sheahan & Associates is an accounting and bookkeeping firm located in Victoria, BC and currently services clients in Vancouver, North Vancouver, Quadra Island, Burnaby, Langly, Victoria, and other areas. The firm uses Sage 50, QuickBooks Online, and Xero for bookkeeping. Above all, the firm’s owner has been in the accounting industry for over 40 years and the firm has an average of 4.2 stars on Google reviews with five reviews in total.
13. Accounting Plus Financial Services
Accounting Plus Financial Services is located in Thornhill, Ontario and offers cloud-based bookkeeping and other accounting services. In particular, the firm currently services Canadian clients in Markham, Richmond Hill, and other areas in Ontario. Account Plus Financial Services has a Google review star rating of 4.9 out of 59 Google reviews in total.
14. Scalability
Scalability is a cloud-based bookkeeping services firm located in Toronto, Ontario that services clients in Toronto, the Greater Toronto Area (GTA), and southern Ontario. At this time, the firm uses Xero, QuickBooks, Wagepoint, and Dext programs for bookkeeping and accounting services. Scalability currently has a 5-star Google rating out of seven reviews in total.
15. BackOffice Stars
BackOffice Stars is a bookkeeping and Payroll Services firm based in Burlington, Ontario and offers services across Canada. The company uses Xero and QuickBooks for bookkeeping services and the payment application Plooto. Moreover, BackOffice Stars has 10 Google reviews in total with an average 5-star Google rating.
16. ConnectCPA
ConnectCPA is a cloud-based accounting firm located in Toronto, Ontario and services clients across Canada from Vancouver to Halifax. The company has appeared in the Globe and Mail and was recognized in the 2020 Growth List.
The firm uses Xero for cloud-based bookkeeping services and also uses Hubdoc, Wagepoint, and receipt bank. ConnectCPA has an average 5-star Google review rating with 20 Google reviews in total.
17. Virtual Heights Accounting
Virtual Heights Accounting is a cloud accounting and bookkeeping services firm located in both Vancouver and Rossland BC. The firm uses Xero for bookkeeping services and business analysis.
The website of the company has a very active and up-to-date blog with helpful information for business owners. The firm has eight Google reviews in total with an average Google review rating of 5-stars.
18. MNP
MNP is a well-known full-service accounting firm that also offers cloud-based bookkeeping services. The firm has offices in all major centres in Canada and this is a significant benefit to those who prefer to meet in person.
The company uses the latest software and has in-house expertise for difficult accounting and bookkeeping questions. Each MNP location has its own Google reviews and the average Google review star ratings are high.
19. BDO Canada
BDO Canada is located in Montreal, Quebec and has offices in major Canadian cities. They offer full accounting services for small to large companies in addition to bookkeeping services and use QuickBooks, Xero, and Microsoft Dynamics 365 for bookkeeping.
They offer full-cycle bookkeeping, including accounts receivable, accounts payable, cash receipts and disbursements, goods and services tax (GST), harmonized sales tax (HST), provincial sales tax (PST), Works Compensation Benefit (WCB), account receivable (AR), accounts payable (AP), bank reconciliation, dashboard reporting and performance insights.
20. AIS Solutions
AIS Solutions is based in Burlington Ontario and offers small to medium-sized companies cloud-based bookkeeping and accounting services. The founder of the firm was named as one of the Top 50 Women in Accounting 2020 and Hubdoc’s Top 50 Cloud Accountants.
The firm uses QuickBooks when offering bookkeeping services. AIS Solution has 14 Google reviews with an average 4.4 Google review star rating.
21. Accounting for Humans
Accounting for Humans is based out of Calgary, Alberta and has been in operation since 2014. The firm offers cloud-based bookkeeping and accounting services.
The firm uses Xero to manage its client’s cloud-based bookkeeping. Accounting for Humans does not currently have any Google reviews.
22. Schwan & Associates
Schwan & Associates is located in Edmonton, Alberta and offers both cloud-based bookkeeping and accounting services. The firm uses QuickBooks for cloud-based bookkeeping services and offers to train business owners on how to use the software. Schwan & Associates has an average Google Review rating of 4.9 stars out of 5 with 77 total reviews.
23. E-Cloud Bookkeeping
E-Cloud Bookkeeping is located in Winnipeg, Manitoba and offers cloud-based bookkeeping services across all industries. The company uses Sage and QuickBooks for cloud-based bookkeeping services as well as other popular productivity software applications. The company does not have any reviews from clients online.
24. Future Balance CPAs
Future Balance CPAs is located in Toronto, Ontario and offers cloud-based booking and accounting services. The firm uses Xero for cloud-based bookkeeping services and has excellent reviews on Google with an average Google review rating of 4.8 stars with 13 reviews in total.
25. EveryEntry
EveryEntry is located in both Calgary, Alberta and Vancouver, BC and offers full-cycle bookkeeping services. The company used QuickBooks for cloud-based bookkeeping services and does not have any reviews on Google.
26. True North Accounting
True North Accounting has offices in both Calgary and Okotoks, Alberta and offers cloud-based bookkeeping and accounting services. The firm uses Xero, QuickBooks, Sage, and Freshbooks for cloud-based bookkeeping.
TrueNorth Accounting has an average Google review rating of 4.9 stars out of 5 with 37 reviews in total. The accounting firm also has an up-to-date and active blog with valuable accounting and bookkeeping information.
27. GTA Professional Accounting
GTA Professional Accounting has offices in Toronto, North York, Mississauga and Oakville Ontario. The firm has been featured in the Toronto Sun for bringing accounting to the cloud and as a result has an impressive Google review average of 4.9 stars out of 5 with a total of 252 Google reviews. GTA Professional Accounting uses QuickBooks and Xero for cloud-based bookkeeping services.
28. Breakaway
Breakaway Chartered Professional Accountants is located in Edmonton, Alberta and is a completely virtual accounting firm. While they have experience in Sage and QuickBooks, they only recommend using Xero for bookkeeping services. Breakaway Chartered Professional Accountants has an average Google review rating of 5 out of 5 with a total of 17 Google reviews.
29. ENVOLTA
ENVOLTA is located in Ottawa, Canada and offers cloud-based bookkeeping services and a suite of accounting services to companies across Ontario. The firm works with QuickBooks and has been featured in The Globe and Mail, Ottawa Business Journal, and the Cloud Accounting Podcast. The firm does not currently have any Google Reviews and has one 5-star rating on Yelp.
30. Kraft Berger LLP
Kraft Berger is located in Markham, Ontario and has been operating since 1942. The firm uses QuickBooks to offer cloud-based bookkeeping services and will assist clients in moving their bookkeeping from legacy software systems. Kraft Berger has a 5-star Google review with a total of 5 Google reviews.
FAQs About Cloud Bookkeeping Services in Canada
Yes, bookkeeping is a financial service. Bookkeeping and bookkeepers assist companies by recording each financial transaction according to acceptable and common practices. In the past, bookkeeping was a labor-intensive task completed manually using a paper ledger. With the introduction of cloud-based bookkeeping software and services, business owners can access the financial position of their company using any device with access to the internet. The majority of accounting firms offer bookkeeping services and most now offer cloud-based booking services. There are also bookkeeping firms that do not provide any further accounting services. The clients of these bookkeeping clients would need to go to an accounting firm to get taxes and financial statements completed.
The financial services sector is a large and important sector in Canada and includes financial services for both individuals and corporations. Financial services firms include, but are not limited to accounting firms, banks, finance companies, lenders, real estate brokers, and insurance.
The range bookkeepers charge per hour can be between minimum wage on the low-end and $100 an hour on the high-end. With the introduction of cloud-based bookkeeping software, accounting and bookkeeping firms have reduced the time and level of effort it takes to properly maintain their client’s books. This, coupled with many firms now operating completely virtually, has reduced overhead that needs to be covered by the bookkeeping fees. As a result, bookkeeping services fees are often priced very competitively and are generally offered in packaged services.
Bookkeeping service companies will generally offer tiered fixed cost packages such as light, intermediate and superior; with many variations of the names for each tier. Generally, a light or starter plan will include the use of one of the common cloud-bookkeeping software, a specific number of journal entries, a specific number of government remittances, etc. The intermediate fixed rate plan will generally include the light plan, plus an increase in the number of journal entries, a corresponding increase in the number of government remittances, payroll for a certain number of employees, and basic reporting. The upper-end of the tired fixed cost bookkeeping packages would include most of the services in the first two tiers, with an increase in the number of journal entries, government remittances, payroll for more employees, weekly or monthly reporting, and a monthly Chief Financial Officer (CFO) meetings.
A large percentage of an accountant or bookkeeper’s clients’ needs can be met with one of the three fixed-cost bookkeeping service tiers. For clients who need more than one specific service, it is important for bookkeepers to understand the level of effort and cost associated with the added services so the appropriate fees can be added.
It is important to offer the most common bookkeeping services that include making payments, preparing and issuing invoices, following up on accounts receivable, completing and sending in government remittances, payroll, recording expenses, and revenue, and use of popular could-based bookkeeping software like Xero and QuickBooks, basic monthly reporting of the income statement, balance sheet and cash flow statement.
Cloud-based bookkeeping services are when you can access your bookkeeping software and your company’s books online at any time. As long as you have access to the internet, you can view your company’s finances using any computer or mobile device. Bookkeeping software was traditionally downloaded or purchased at a retail store for use on a single computer and all your financial records were kept on the hard drive of the computer. Unless you transferred regular software backups off of your computer, there was the risk of losing all your financial information if your computer was lost, stolen, or stopped working. Cloud-based bookkeeping services are more secure than having your company’s financial bookkeeping on one single computer. Your company’s information is encrypted and stored in large secure data centres, rather than in your home or business location.
