Not generic bookkeeping. Built specifically around how contractors, trades, and construction businesses actually operate.
Transactions and accounts within the written scope are categorized and reconciled through the monthly close, subject to complete records, active access and timely answers.
What this means for you: Consistent monthly records, a profit and loss statement and balance sheet, and an organized year-end bookkeeping package for your external accountant.
I prepare and file HST returns at the filing frequency stated in the agreement, based on complete records and your approval.
Scope boundary: Tax-planning decisions, including whether to elect or revoke the Quick Method, remain with you and your tax adviser. I maintain the records and can flag questions for discussion.
Plus can include bi-weekly or semi-monthly payroll for up to five employees, source-deduction administration, T4s, Records of Employment and selected WSIB or EHT reporting.
Scope boundary: I record workers according to the approved setup and flag inconsistencies. Legal worker classification remains with you, CRA, WSIB, legal counsel or another qualified adviser.
Plus can include one defined accounts-payable or accounts-receivable workflow, normally up to 30 items per month.
A/P work follows written approval controls. A/R work is limited to the agreed invoice, statement and routine follow-up administration. Both workflows together require an additional written scope and fee.
This is where specializing in trades businesses actually makes a difference for you.
If the books are behind, incomplete or unreliable, the first step is a $450 Books Assessment. The assessment identifies the affected periods, accounts, missing support and risks.
You then receive a separate written cleanup scope and fee. No cleanup begins without your approval, and monthly service starts only under a separate Core or Plus agreement.
T5018 reporting may apply to qualifying construction businesses and contract payments. Plus can include year-round payment-data tracking where the records support it.
Annual T5018 preparation and filing is a separately selected and quoted annual service. The client remains responsible for confirming the business, recipient and payment information supplied.
I provide basic bookkeeping tracking of construction holdbacks based on contracts, invoices and release information supplied or approved by the client.
Scope boundary: Moyano & Co. does not determine lien rights, legal entitlement or statutory release dates. Those questions stay with the client and an appropriate legal adviser. See my page on bookkeeping for construction contractors for the bookkeeping workflow.
I can set up the accounting platform and receipt workflow required for the agreed scope, or migrate suitable records from an existing system. The active software and ownership are listed in the proposal and agreement.
I build or refine the chart of accounts around contractor income, direct costs, payroll, assets, liabilities and owner transactions rather than relying on an unrelated generic template.
Basic job or project coding may be separately scoped when the records support it. Detailed job-profitability, WIP, labour-burden, overhead-allocation, cost-to-complete and advisory reporting are not standard Core or Plus services.
Monthly engagements include a profit and loss statement and balance sheet. Plus also includes a quarterly financial review.
Cash-flow forecasting, dashboards, WIP reporting, project-profitability reporting and controller or advisory work are not included unless separately agreed in writing.
Each completed monthly close includes a profit and loss statement and balance sheet. Plus also includes a quarterly financial review; any additional written commentary is limited to the agreed scope.
The active accounting platform and tools are listed in your agreement. Firm-provided software required for the selected scope is included unless the proposal says otherwise.
| Category | This Month |
|---|---|
| Income | |
| Service & Emergency Calls | $9,800 |
| New Construction Contracts | $12,400 |
| Maintenance Agreements | $2,100 |
| Total Income | $24,300 |
| Expenses | |
| Materials (pipe, fittings, fixtures) | $5,640 |
| Labour / Subcontractors | $3,200 |
| Vehicle, Fuel & Tools | $1,120 |
| Insurance, WSIB & Permits | $830 |
| Total Expenses | $10,790 |
| Net Profit | $13,510 |
I organize the records and administrative workflows that commonly arise for Ontario contractors, while keeping tax, legal and classification decisions with the appropriate adviser.
Records, return preparation and filing at the selected frequency. Quick Method and other tax-planning decisions stay with the client and tax adviser.
Year-round data tracking where selected; annual preparation and filing is separately selected and quoted.
Selected reporting administration based on client-approved classifications, rates and information.
I flag inconsistent records, but the legal classification decision remains with the client and an appropriate authority or adviser.
Basic bookkeeping tracking based on client records; lien rights and release timing are not determined by Moyano & Co.
Asset purchases are identified and organized for the external accountant. Tax treatment and CCA decisions remain with the tax adviser.
Based in Barrie, I serve trades businesses throughout the region. Fully remote, no travel required.
I offer Core and Plus monthly bookkeeping, selected HST and payroll administration, one defined A/P or A/R workflow in Plus, basic holdback and subcontractor-payment tracking, separately selected annual T5018 filing, and Books Assessment and Cleanup projects.
No. I work 100% remotely. Everything is done through QuickBooks Online or Xero, and I communicate by phone, email, or video call. You can be in Barrie, Collingwood, Orillia, or anywhere in Simcoe County and it works exactly the same.
The platform and tools required for the selected scope are listed in the proposal and agreement. Firm-provided software is included unless the proposal states otherwise. QuickBooks Online is my primary platform, and suitable Xero files may also be supported.
Core starts at $500 per month and Plus starts at $950 per month, before HST. The final scope and fee are confirmed in writing; if the file requires detailed review, the first step is the $450 Books Assessment.
Start with a free fit call. We will discuss the business and likely scope. A detailed review of the accounting file begins through the paid Books Assessment when needed.