Bookkeeping services Toronto businesses need: recording income and costs in QuickBooks or Xero, tracking HST for GST/HST returns and reconciling the bank each month. A trained remote bookkeeper does the work and a team lead reviews every month.
Bookkeeping services Toronto businesses rely on keep money records in order and Ontario HST ready for each GST/HST return. A trained remote bookkeeper records income and costs in your own QuickBooks or Xero and sends a clear monthly report. A team lead checks every month before it reaches you.
What bookkeeping services Toronto businesses hand off first
Most Toronto businesses start with the tasks that take the most time each week:
- Entering bank and card transactions into QuickBooks or Xero.
- Coding each cost to the right expense category.
- Matching supplier invoices to bank payments.
- Tracking Ontario HST collected and paid each period.
- Month-end bank reconciliation and a short monthly summary.
Your bookkeeper handles these on a set schedule. You review the report each month and send corrections. They come back the same day.
Ontario HST and Toronto bookkeeping
Ontario businesses registered for GST/HST collect a combined 13% HST on most taxable sales. Your bookkeeper codes each transaction to the right rate as it arrives. By the time the period closes, the input tax credits and HST collected are reconciled and your accountant can file the return without a last-minute scramble.
Toronto businesses in professional services, retail, real estate, construction and technology all face the same HST record-keeping requirement. Your bookkeeper handles it on a consistent schedule so nothing falls through at period end.
Toronto industries we support
We work with financial services, technology, media, retail, real estate, construction and professional services businesses in Toronto and the Greater Toronto Area. Your bookkeeper works in the software you already use. No data migration needed. See our guides to bookkeeping for small businesses and bookkeeping services pricing.
How to check the work each month
- Compare the bank balance in your software to your statement.
- Pick five transactions and check they are in the right category.
- Review the HST collected total and compare it with the prior period.
- Ask for a list of items that could not be matched automatically.
Where AI helps
Your bookkeeper is a real person. AI helps sort and code items faster and flags amounts that look out of place. A person checks every entry. A team lead reviews the full month before it reaches you.
What bookkeeping services Toronto cost
Pay-as-you-go bookkeeping starts at $12 an hour (USD) with hours that never expire. A dedicated bookkeeper starts from $5.62 an hour on a monthly plan. Compare that with a local Toronto bookkeeper at $30 to $55 an hour. See the bookkeeping service, pricing and the bookkeeping pricing guide.
Ready to hand off your books? See pricing or start for $1.
Frequently asked questions
How much do bookkeeping services cost in Toronto?
A remote bookkeeper through MyRemoteVA starts from $5.62 an hour on a dedicated plan, or $12 an hour pay-as-you-go. Local Toronto bookkeepers typically charge $30 to $55 an hour.
Do Toronto bookkeeping services handle Ontario HST?
Yes. Your bookkeeper tracks HST collected and paid each period in QuickBooks or Xero. Your accountant or CPA files the GST/HST return; your bookkeeper keeps the records ready.
What software does a Toronto remote bookkeeper use?
They work in QuickBooks Online or Xero, both widely used by Canadian businesses. No data migration needed.
What is doing this yourself costing you?
Doing it yourself: $2,165 a month of your time.
The same hours at our $12/hr pay-as-you-go rate: $520. Dedicated plans start at $5.62/hr.
Simple maths from the numbers you enter. It assumes a VA can take on those hours.
Start for $1Written by the MyRemoteVA team. Search-trend figures come from Google Trends. Prices shown are our current plans. Last updated October 7, 2026. Questions or corrections? Contact us.