Books Caught Up.
Year Closed Cleanly.
Canadian Cloud Accounting handles year-end close and catch-up for owner-managed businesses across Canada. We reconcile what’s behind, correct what’s wrong, close the year, and hand your accountant a clean file. CPA-led, inside your existing QuickBooks Online or Xero file, for a fixed fee.
Year-end close and catch-up for owner-managed businesses.
Year-end close and catch-up brings your books fully current, corrects what’s wrong, and closes the year on numbers you can rely on. It’s a defined project with a scope, a date, and a fixed fee, not an open-ended meter.
We work inside your existing file and follow CPA Canada’s financial reporting standards. Once the year is closed and the books are current, you can stop there or continue with ongoing controllership.
Fixed Fee, Quoted Before We Start
It’s scaled to how far behind the books are, how many accounts and entities are involved, and what your accountant needs. You’ll have the number in writing before any work begins.
What you get from your year-end close.
Accounts Reconciled & Mispostings Corrected
Bank, credit card, loan, and clearing accounts reconciled to period end, with differences investigated rather than plugged. Wrong categories, duplicate entries, and uncoded transactions fixed and documented.
Receivables & Payables Cleaned Up
Aging reviewed and stale items resolved, so the balances on your statements mean something.
Year-End Adjustments Reviewed
Accruals, prepaids, deferred amounts, and depreciation reviewed and posted with support, then signed off by a CPA.
GST/HST Accounts Tied Out
GST/HST accounts reconciled to what was actually filed and remitted, so the balances on your statements agree with your returns.
An Accountant-Ready File
Clean books and supporting schedules, so your accountant can start their work without a week of questions back to you.
A Close Checklist for Next Year
The steps written down, so next year-end is a review instead of a rebuild. See why documented procedures matter.
You might need year-end close and catch-up if…
From first call to closed year.
1. Free Discovery Call
Thirty minutes. We look at where things stand, what your accountant needs, and when you need it by.
2. Scope & Fixed Fee
We review your file and give you a scope, a date, and a fixed fee in writing before any work starts. Most engagements begin within one to two weeks of the first conversation.
3. Catch-Up & Cleanup
We work inside your existing file from day one, with no migration, and a CPA oversees the work.
4. Year-End Close & Review
Adjusting entries, tie-outs, and CPA review, so the year closes on numbers you can stand behind.
5. Handover
You receive the accountant-ready file and a close checklist, ready to pass to your accountant.
6. Stay Caught Up (Optional)
Catch-up is a project; staying caught up is a routine. Our fractional controller service keeps the close reliable. See month-end close optimization for what a 5–7 day close looks like.
How long does it take? It depends mostly on how many months are behind and how many accounts are involved. You get a date, not a guess, at step two.
Year-end close questions we’re asked most.
What does year-end close and catch-up include?
Reconciling every account to period end, correcting mispostings, cleaning up receivables and payables, reviewing and posting year-end adjustments, tying out GST/HST accounts, and preparing an accountant-ready file with a close checklist for next year.
How long does year-end close and catch-up take?
It depends on how many months are behind and how many accounts or entities are involved. Most engagements begin within one to two weeks of the first conversation, and you receive a scope, a date, and a fixed fee in writing before work starts.
Do you replace my accountant?
No. We work alongside your accountant. We bring the books up to date and close the year, so the file reaches your accountant clean and complete.
Do I need to change accounting software?
No. As a QuickBooks Online ProAdvisor and Xero Advisor, we work inside your existing file from day one, with no migration required.
What does it cost?
A fixed fee, scaled to how far behind the books are, the number of accounts and entities, and what your accountant needs. You’ll have it in writing after a short scoping conversation, before any work begins.
When should I start?
As early as you can. Cleaning up during the year turns year-end into a review rather than a rebuild. If your year-end has already passed, start now. The work is the same, and the sooner it’s done, the sooner your accountant can finish theirs.