9 Top-Performing Bookkeeping Services in Winnipeg

We all need to track our expenses and income, especially when you’re a small business owner or a company CEO. This is why many recommend getting bookkeeping services in Winnipeg as early as today.

Then again, most of us still don’t understand why we have to, and where to start. So let’s discuss the basics and how top-performing CPA or Certified Public Accountant firms can help you.

In this guide, let’s go over how good bookkeeping can ease our troubles in budgeting and filing tax returns. We will also go over what other beneficial services these firms can offer, and how much they may cost. 

That said, let’s start talking about bookkeeping services right away.

How Much Do Bookkeeping Services Cost in Winnipeg

This is where people just opt out. 

Because tracking income and expenses seems simple, people assume they can just DIY the process. While possible, this is not something we recommend.

One way to figure something out is to understand how a professional does it. With that, we urge you to invest in high quality bookkeeping services.

Part-time and freelance bookkeepers will naturally have a lower rate for their services. This is compared to hiring your own in-house professional or partnering with established and tenured bookkeeping firms.

Bookkeeping Services	Rates
Part-time and Freelance Bookkeeper	$20-$50 per hour
In-house Bookkeeper	$2000 - $3000 salary per month
Outsourced Bookkeeping firms	$350 - $1500 per month

The Best Bookkeeping Services in Winnipeg

Based on the average rates, outsourcing the work from bookkeeping firms is not only the most economical. It is also the safest for your assets.

In Winnipeg, there are established firms that offer bookkeeping services to businesses of all kinds. We can narrow down our search with the help of a criteria to assess the firms we have chosen.

These points are as follows:

Professionalism – A good work ethic is paramount when it comes to this kind of profession. This also covers trustworthiness, punctuality, and mutual respect. 

Certification or Qualification – Not only should your bookkeepers be licensed, but they should also have up-to-date knowledge about the industry. It is also a plus if they have certifications or engage in continuous learning programs.

Expeditious Service – As much as we need our bookkeepers to doubly be sure of their numbers, we also want them to get the job done as soon as possible. Or at least, before tax return filing is due.

Modern and Efficient – The use of modern technology, new accounting softwares and online databases shows that your chosen firm aims toward efficiency. While traditional bookkeeping is tried and tested, it comes with risks we need to avoid.

Customer Satisfaction – At the end of the day, the best bookkeeping firms are ones whose clients stick around. People are usually deeply grateful to companies that handle their money well, so we might want to look in reviews for what they have to say.

1. Wiltshire Business Services

SERVICES	Bookkeeping and business consulting
WEBSITE	wiltshirebusiness.ca/
ADDRESS	Winnipeg, MB, Canada
CONTACT DETAILS	Business Consulting & General InquiriesEmail: info@wiltshirebusiness.caTel: (204) 226-8272Bookkeeping ServicesEmail: sondra@wiltshirebusiness.caTel: (204) 558-5115

Edit Table 

Criteria	★★★★★ (5/5)
Professionalism	★★★★★ (5/5)
Certification or Qualification	★★★★★ (5/5)
Expeditious Service	★★★★★ (5/5)
Modern and Efficient	★★★★★ (5/5)
Customer Satisfaction	★★★★★ (5/5)

Wiltshire Business Services understands what it is like to put everything on the line.  As a business owner, you must take risks in order to offer jobs, support your family, create things for everyday use, supply essential services, and pay taxes.  They are also aware that it may be challenging even under the best of circumstances.  

Each and every company must have an effective bookkeeping system in place.   As a business owner, We have the responsibility to follow all applicable laws, pay the bills on time, recover any money owing to you, and keep up with your company’s financial situation so that you may make wise decisions.  

You will deal with knowledgeable bookkeepers at Wiltshire Business Services who will provide you the assistance you require to keep your company’s finances in order. Whether you are new to operating a business or already have one up and running and need assistance with bookkeeping, enhancing your operations, or growing your firm, Wiltshire Business Services is here to help.

2. K Liu Accounting Services Inc. – Mobile & Virtual Tax Accounting Bookkeeping

Criteria	★★★★☆ (4.7/5)
Professionalism	★★★★★ (5/5)
Certification or Qualification	★★★★☆ (4.5/5)
Expeditious Service	★★★★☆ (4/5)
Modern and Efficient	★★★★☆ (5/5)
Customer Satisfaction	★★★★★ (5/5)

K Liu Accounting Services Inc. aims to make accounting and bookkeeping simple and accessible to all. This is why they are widely known for their virtual, remote and mobile services.

They are also established when it comes to tax services for business, corporations and trust. Their services also cover solutions, including advisory and support, analysis and reporting, and even software migration.

As an established firm, they may not be the best option if you’re a small business owner, or on a tight budget. Their services, however, promise the top value for your hard-earned money, definitely making them a good choice if you have the budget to invest.

What we appreciate about KLiu is they provide a complete list of their services on their website – not just blanket terms. This allows all people, even those who are not well-versed in the terminology, to explore their options and ask about them.

Another good thing about the company is that they indicate services that may entail an additional cost. These notes keep their current and prospective clients aware and conscious of the pricing mechanics.

In addition to all this, they have 15 years of experience in using Quickbooks, and they have adapted LEAN principles. This way, they can ensure clients of their time-saving programs and streamlined solutions.

Customer Reviews

Efficient work! Made everything easier for us.

They are fantastic and easy to work with.   Very detailed oriented and professional to deal with.  Very helpful in correcting mistakes I have made to make things easier in the future.  Very trustworthy.  Tax season is easy with them in your corner!  Thanks again!!

— Shane Dowling, Google Reviews

One of the best transactions! Great value for your money

This is my second year using K Lie Accounting Services Inc and I have had such an awesome experience with them.

I’m met with passion, kindness and professionalism each time we speak. I get extremely fast responses and they help answer any questions I have. If you’re looking for someone to handle your taxes, you’ve come to the right place!

— Ibrahim Zaid, Google Reviews

3. BCP Business Services

Criteria	★★★★☆ (4.6/5)
Professionalism	★★★★★ (5/5)
Certification or Qualification	★★★★☆ (4.5/5)
Expeditious Service	★★★★★ (5/5)
Modern and Efficient	★★★★☆ (4/5)
Customer Satisfaction	★★★★☆ (4.5/5)

A real hit with business people, BCP offers one of the most efficient bookkeeping services in Winnipeg. Their expertise focuses mainly on professional bookkeeping, financial management and non-profits, while empowering people to run their business the way they want.

The company assigns a dedicated team to keep your financial goals aligned and your books secured. They accompany their services with support, advice and consultations to keep clients well-informed.

When it comes to their bookkeeping services, they also cover remittances, payroll, inventory tracking and reconciliations. This allows their clients to run their business better without having to worry about these pesky details ang arrangements.

In line with this, they are keen on transparency and expediency. They believe it is essential for clients to receive results that are honest and fast, in order to make better business decisions.

Their clients also appreciated the change of their terms and protocol in response to the Covid-19 pandemic. This shows that they are not all about business, and they do care for their people.

In addition to all of this, they are also awarded by the Winnipeg Chamber of Commerce as Certified Professional Bookkeepers. They are also active members of the organization while taking part in continuous learning and development programs.

Customer Reviews

The best firm we’ve worked with.

I am so pleased with this company and the amazing women who truly deliver!

Some of what I love about this company:

-Every person I have spoken to within this business has been not only nice and kind and easy to talk to, but have also just really made me feel like they’re happy to talk to me and are eager to help because they really just love what they do and know what they’re doing.

-Whoever I’ve worked with on my books have been very professional, and communicate clearly, consistently.

-Anything I have questions about they have been quite quick to answer and give me guidance as best they can, or help find a solution quickly.

-They are very understanding and respectful of the decisions I make as a small business owner.

—Bevvy Teyems, Google Reviews

A huge relief for a business owner

BCP provides outstanding service and I trust them implicitly with my business finances. With their help, I’ve gone from tucking receipts away and dreading tax time to a smooth, easy process. The people there are responsive and responsible.

— Kelly Thibodeau, Google Reviews

4. Ray-Lo Bookkeeping Services

Criteria	★★★★☆ (4.6/5)
Professionalism	★★★★★ (5/5)
Certification or Qualification	★★★★☆ (4/5)
Expeditious Service	★★★★☆ (4.5/5)
Modern and Efficient	★★★★☆ (4.5/5)
Customer Satisfaction	★★★★★ (5/5)

When we think of affordability, integrity and accountability, then Raylo Bookkeeping comes into the minds of the financially-savvy. This is because they focus on making their services simple and accessible to all, even to the common folk.

If you claim to not know a thing about financial statements, this company offers you the advice and direction you need. They even keep their prices competitive and reasonable to accommodate a diverse market.

With 23 years of experience and a consistently positive rapport with their clientele, they have managed to expand their network. Now, they are the go-to of companies from various industries, including food and beverage, construction, retail, and real estate.

However, it must be known that the services they offer are limited to accounts management, bookkeeping and payroll services. Even with a small scope, they can attend to the varying needs of different industries and individuals.

They even accommodate small concerns, like when clients are behind in government payments, have failed to reconcile their accounts, or have no idea about filing taxes. Their in-house consultations are substantial and offered for free.

Moreover, they keep their people accountable with a system that ensures results. This is also their way of ensuring their clients that they can send in the deliverables on time.

Customer Reviews

Fantastic experience!

Excellent book-keeping services. Don’t hesitate to call them, even for a consultation so they can tell you what you need. They helped us when we were a startup, broke, with three customers, and they are still helping us now with over 1500 customers

— Dane Davis, Google Reviews

Recommending Ray-Lo! We’re not going back

Before Ray Lo book-keeping services, I used the various firms to look over the books for a couple corporations, which were over-priced and inconsistent due to “staff” rearrangement and changes. This would lead to multiple errors, and wasted billable hours for “re-training” the new individual that took over. Ray Lo Book-keeping Services is great because you deal with someone consistent and adaptable. They communicate with the accountant and they are easily accessible, providing top notch service. My expectations are met and exceeded on a monthly basis. I’m glad to have found trustworthy and dependable book-keeping services.

— Ryan Chan, Google Reviews

5. TR Bookkeeping Service

Criteria	★★★★☆ (4.5./5)
Professionalism	★★★★★ (5/5)
Certification or Qualification	★★★★☆ (4/5)
Expeditious Service	★★★★☆ (4.5/5)
Modern and Efficient	★★★★☆ (4/5)
Customer Satisfaction	★★★★★ (5/5)

TR Bookkeeping Service may not be as established and prominent as the other options in this list. Still, what it lacks in a good number of online feedback is a steady reputation as a reliable firm in the industry.

Focusing mainly on bookkeeping and tax filing, whether simplified or customized, this firm is rather straightforward with what they offer. That said, their services are quite limited, and are mainly suited for families and small businesses.

What we love about them is they offer to set-up their clients’ systems. This initiative allows people to explore and understand the process themselves, and help them become more independent with their financial statements. 

Moreover, they offer basic training on Quickbooks and other beneficial bookkeeping software so they can track their accounts on their own. Because of this brand of transparency, they had built themselves a name akin to respect and trustworthiness.

That said, their experience and experience help clients keep up with payments and transactions, thus improving their profit margins. They are also keen on handling reconciliations, managing payroll, and filing tax returns.

Another thing we appreciate about their firm is that they consider their network and clientele as a community. With that, if given the opportunity, they will refer your business to potential customers and buyers.

Customer Reviews

Great Team led by Tammy

Tammy is extremely reliable and gets the job done perfectly. Great initiative and fantastic problem solver. She always takes the time to check up on me and I would recommend her services in a heartbeat!

— Alanna Lam, Google Reviews

Amazing work!

Very reliable and trustworthy!

— Randy Radies, Google Reviews

6. Bookkeeping Fusion

Criteria	★★★★☆ (4.4/5)
Professionalism	★★★★★ (5/5)
Certification or Qualification	★★★★☆ (4/5)
Expeditious Service	★★★★☆ (4/5)
Modern and Efficient	★★★★☆ (4/5)
Customer Satisfaction	★★★★★ (5/5)

Timeliness and consistency is the best that Bookkeeping Fusion promises, alongside their quality services. That means, if you’re looking for bookkeepers that can accommodate rushed work, then they can get the job done.

While this doesn’t mean that you can just be irresponsible and file your taxes at the last minute, what this company does is help educate you on how to set your financial priorities. They offer their services mainly to small businesses, whose owners generally don’t invest in these kind of services.

The best thing about their approach is that they approach challenges with varied solutions. That includes checking the efficiency of your systems, accuracy of your existing books, and effectiveness of your financial strategy.

Bookkeeping Fusion is a relatively smaller company. Still, it can accommodate the various requirements of different corporations.

They have established partnerships with companies known in the franchising, retail, fitness, auto repair, and construction industries. They utilize custom reporting solutions in these cases, while giving clients a reasonable price for the service.

The last but not the last thing we appreciate about the information they share is that they make the process easier for new clients. With that, they display a step by step process that serves as a guide.

So, if you’re a business owner and would like to finally invest in bookkeeping services in Winnipeg, then this may be a good choice to consider.

Customer Reviews

Bookkeeping simplified! Thanks Colin!

Colin has been incredibly helpful  in setting up a system for us so i can do a better job with our businesses, i had been struggling with all of the paperwork, (i do not enjoy paperwork) but he’s made it easier, and faster for me,He set up a google  sheet for me, he’s made it so it’s shared between he and i, i can enter some of the stuff daily/monthly numbers, and then he takes it from there. We have a bit of a complicated business, 3 in 1..he’s been able to figure our mess out, cleaned it up, and gave us a very detailed profit and loss sheet, he sat on the phone with me and explained it in even more detail. It’s been awesome to have him work for us. I would recommend him  any time.

— Trudy Friesen, Google Reviews

Made things so much easier for us

In our growing company, we were struggling to keep track of petty cash internal controls.  I reached out to Fusion to get help and I’m so glad I did.  Colin helped us develop a simple effective system that was easy to maintain.  We have successfully minimized any potential for fraud and ensured our bookkeeping and accounting are recorded accurately.

— Esther Schultz, Google Reviews

7. Currie Accounting Services Ltd.

Criteria	★★★★☆ (4/5)
Professionalism	★★★★☆ (4/5)
Certification or Qualification	★★★★☆ (4/5)
Expeditious Service	★★★★☆ (4/5)
Modern and Efficient	★★★★☆ (4/5)
Customer Satisfaction	★★★★☆ (4/5)

Currie Accounting Services Ltd. has been in the industry for more than 25 years.

What we like about them is that they offer an extensive range of personal and business accounting and bookkeeping services. Their services include tax planning and returns, payroll, remittances, record keeping, financial plan preparation, audit assistance and appeals.

Their team always ensures that they’re up-to-date with changes in the taxation environment so they can ensure that their clients’ bookkeeping, accounting, and reporting practices comply with current laws and regulations.

They don’t only keep up-to-date with the laws and regulations, but they also make use of up-to-date software. This way, preparation of financial statements are accurate and quick.

We like that they have a free initial consultation if you’d like to know more about them and their services.

8. Mastery Bookkeeping and Business Consulting

Criteria	★★★★★ (5/5)
Professionalism	★★★★★ (5/5)
Certification or Qualification	★★★★★ (5/5)
Expeditious Service	★★★★★ (5/5)
Modern and Efficient	★★★★★ (5/5)
Customer Satisfaction	★★★★★ (5/5)

Mastery Bookkeeping and Business Consulting (Mastery BBC) provides fractional CFO services to small and medium-sized developing enterprises, offering financial knowledge and aid with financial operations management. Mastery BBC, with a team of specialists, wants to unlock clear financial insights, enhance profitability, and assist organizations in reaching their objectives.

One of the primary benefits of working with Mastery BBC is the potential to save time. Businesses may focus on core activities while still receiving professional advice by outsourcing financial management to a fractional CFO. Mastery BBC provides efficient and effective accounting systems, procedures, and strategies, as well as the peace of mind that comes with smooth financial operations.

The company’s fractional CFO services encompass various areas such as process improvement, workflow optimization, budgeting, forecasting, profit and cashflow coaching, financial analysis, and customized managerial reports. They can also oversee bookkeeping or coordinate with third parties for tax planning, financial modeling, and other related services. By offering a comprehensive suite of services, Mastery BBC ensures that businesses receive holistic financial support tailored to their specific needs.

A fractional CFO, also known as an outsourced CFO, brings high-level financial expertise without the costs associated with a full-time executive position. They assist business owners in strategic financial planning, financial analysis and reporting, budgeting and forecasting, cash flow management, risk management, financial decision support, cost optimization, and financial strategy and growth planning.

Customer Reviews

He brings knowledge and accountability

“For years running a business, there are time consuming issues and challenges. As you gain experience, you learn how to work smarter not harder. Discovering Ryan, and Mastery Bookkeeping has moved the company forward, and streamlined it. Ryan is professional and efficient. His business knowledge is impeccable, allowing me to concentrate on the day to day issues. Ryan brings more to the table than just accounting. He brings knowledge and accountability. I look forward to the future, expanding my business with Ryan’s influence. I would recommend Mastery Bookkeeping to any business, that wants to be successful!” – Troy Eggie

Helped me make important business decisions that have saved me time and effort

“Ryan and Logan have been keeping me sane from the beginning of my business. Accounting and Bookkeeping are overwhelming typically, and these guys keep it simple. They’ve also helped me make important business decisions that have saved me time and effort. It’s always a good day when I have my meetings with them!”  – Mitch Laine

9. Virtus Consulting

Criteria	★★★★☆ (4/5)
Professionalism	★★★★★ (5/5)
Certification or Qualification	★★★★★ (5/5)
Expeditious Service	★★★★☆ (4/5)
Modern and Efficient	★★★★☆ (4/5)
Customer Satisfaction	★★★★☆ (4/5)

Virtus Consulting positions itself as a valuable resource for business owners overwhelmed by the demands of managing their own bookkeeping and accounting. With a focus on alleviating the burden of administrative tasks, Virtus Consulting emphasizes the importance of trusting experts in the field.

We like that Virtus Consulting offers a range of financial services, including accounting, taxation, and bookkeeping. This holistic approach allows clients to address multiple financial needs under one roof, streamlining their financial management processes.

Furthermore, their commitment to adhering to International Financial Reporting Standards (IFRS) demonstrates a dedication to maintaining high standards and ensuring consistency in financial reporting. This adherence is crucial for providing accurate and reliable financial information.

Note though that they are only able to focus on several industries such as corporate and medical fields so clients outside may need to inquire further about this.

In conclusion, Virtus Consulting appears to be a reliable choice for businesses seeking specialized bookkeeping and accounting services. The firm’s emphasis on experience, adherence to international standards, and mission for informed financial decisions are notable strengths.

Customer Reviews

Here are some reviews from their clients:

“Blair helped me out tremendously last tax season when I needed to file the final taxes for my mother who had passed away the previous year. He was professional yet approachable, had great answers to my questions, and got our taxes done with accuracy down to the cent. If you want to feel confident, informed, and assured that you’re getting the maximum benefit out of your tax experience, go to Virtus!”

“We visited 4-5 CPA to consult our business accounting questions. Blair was explaining very detail and always pointed key points. He really helped us how to do our business accounting. Their company also provide the QBO course to saving the money for who have small business. He is very professional CPA and nice person. His assistant Desiree is amazing because she always was replying our email very faster. We are so happy to find them for our small developing business.”

FAQs about Bookkeeping Services in Winnipeg

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That said, maintaining the stability of your business can be quite the task. It becomes more of a challenge when you realize that your financial assets are perpetually at risk.

So aside from securing your statements with professional bookkeeping services, you can also invest in other measures to keep your business afloat. This is where getting insurance comes in.

If you don’t know where to start, feel free to check out this guide on the best providers of business insurance in Winnipeg. 

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