Bookkeeping

  Tax Reporting

 

 

 


accountants' bookkeeping support

A dependable fixed fee Bookkeeping and tax support service for Accountants' and Bookkeepers providing bookkeeping service to Independent Truckers (Owner-Operators).

In today’s cost conscious business marketplace, bookkeepers and accountants providing bookkeeping and tax services to Truckers are challenged with finding ways to maintain and grow the client base to a satisfactory level to justify the service delivery fixed cost.

Part of the challenge is justifying the cost of the required bookkeeping support staffing needed to do the monthly bookkeeping so as to allow the accountant/bookkeeper manager, time to focus on acquiring more clients to grow the gross income beyond break-even.

With the high cost of bookkeeping employees, bookkeepers and accountants should look to outsourcing the bookkeeping task as a way to manage cost and maximize revenue contribution from the delivery of bookkeeping and tax services to Truckers.

At Trucktax, we have been providing bookkeeping and Tax services to Truckers for more than 10 years and have developed a special custom bookkeeping software for truckers bookkeeping, with automated GST/HST reporting features, including CRA audit reports to support desk audits and a range of professional reports for the Trucker, designed to give truckers big business financial management reports and information, quarterly and/or on an as required basis.

We have already made the investment in customize software that guarantees 100% accuracy level from data entry to financial and tax information output.

We can help accountants and bookkeepers doing bookkeeping for truckers, increase their profit per client with our fixed cost bookkeeping for truckers outsourcing system.

Under this bookkeeping outsourcing service system, we function as an undisclosed bookkeeping back-office, seamlessly integrated into the existing work-flow and information from the client receiving system, doing all of the required bookkeeping in a timely manner, that will look and feel like the work is being done from within your office.

This way, accountants and bookkeepers providing tax and bookkeeping service to Truckers, can reduce their service delivery cost and increase the profit per client from the first client, while have more time to focus on acquiring more clients to grow the business and the bottom-line.

Outsourcing your bookkeeping for truckers work to TRUCKTAX, will deliver significant cost savings to the bottom-line, eliminate the cost of staffing and customizing software to meet the needs and language of the independent truckers business industry.

How the Outsourcing Service works.

1.     Send us the source documents received from your clients by:

ü  Courier

ü   Toll-Free Fax

ü   OnLine using our Info-Submit  ledger

ü   Email scans

2.     We would sort, classify and process the information and send you via Email for each client:

ü   a monthly or quarterly Profit/Loss statement (Based on SLA)

ü   a Break-even report

ü  A special GL summary

                                          i.    Operating Exp report details

                                         ii.    Income entry by month report

                                        iii.    Fuel Purchase summary

1.     Canadian Purchases

2.     US Purchases

                                        iv.    GST/HST ITC report by expense category

                                         v.    Year-to-date GST/HST Status Report

3.     Based on your clients GST/HST filing frequency, we will prepare and file the returns for your clients and send you a CRA, GST/HST filed confirmation report for your client files.

4.  Where applicable, if you have sent us original source documents, these will be returned to you at the end of each processed quarter.

The Bottom-line! Trucktax would handle the monthly information processing and financial report preparation functions as well as the timely filings of GST/HST returns for your clients, leaving you free to focus on doing the year-end tax work and the required on-going marketing needed to get more clients.

For more information about outsourcing your Independent Truckers Bookkeeping work to Trucktax, call us: (888) 456-6504. 

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