Professional Bookkeeping Services in Toronto, Ontario
Toronto is Canada’s largest city and its financial services hub, home to the Toronto Stock Exchange and the head offices of Canada’s major banks on Bay Street, alongside a large technology sector, a globally significant film and TV production industry, and one of the most diverse small-business communities in the country. That mix means bookkeeping needs range from financial-services-adjacent accounting to standard immigrant-owned small business needs across every sector imaginable.
Majoka Accounting Ltd is headquartered in British Columbia, and we work with Toronto businesses the same way we work with clients everywhere: through secure cloud accounting platforms, with a dedicated bookkeeper who understands your structure and Ontario’s HST rules — including the 2026 small business tax rate change that affects how this year’s corporate tax needs to be calculated.
Plans Start at $199/Month CAD
Fixed monthly pricing, no surprise invoices, no long-term lock-in. The exact rate depends on your transaction volume and whether payroll is included.
Quick Facts
What Is HST-Ready Bookkeeping?
HST-ready bookkeeping means your taxable sales and input tax credits are tracked accurately throughout each period, so your return is ready to file with the CRA on time. In Ontario, HST is a single blended 13% tax (unlike BC’s separate GST and PST), which simplifies rate calculation but still requires the same $30,000 small- supplier registration threshold and 29-day registration window as everywhere in Canada.
Why Toronto Businesses Need Professional Bookkeeping
Patterns we see regularly among Toronto clients:
Understanding Toronto’s Business Environment
Toronto’s economy is anchored by its role as Canada’s financial capital, home to the Toronto Stock Exchange and the head offices of Canada’s major banks, alongside a substantial technology sector, a film and television production industry that consistently ranks among North America’s largest, and an exceptionally diverse small-business community spanning nearly every industry and immigrant entrepreneur community in the country.
Ontario Business Landscape: Key Facts
Recent Bookkeeping and Tax Updates in Ontario
Where We Work Near Toronto
We also work regularly with businesses in North York, Scarborough, Etobicoke, and East York. If your business is anywhere in Ontario, our process is identical.
Common Bookkeeping Challenge in Toronto
A growing tech startup doesn’t track SaaS revenue recognition correctly, recognizing full annual contract value upfront instead of spreading it over the subscription period, which distorts monthly profitability and confuses investors reviewing the books. Structured monthly bookkeeping applies proper revenue recognition from day one.
Business Information
Questions About Bookkeeping in Toronto
Majoka Accounting Ltd is a bookkeeping firm, not a CPA firm. We do not provide audit, assurance, or income tax preparation services. Our work centers on bookkeeping, payroll support, HST support, and financial reporting, and we coordinate directly with your accountant whenever that’s helpful.
Other Cities We Serve in Ontario
Same team, same fixed monthly pricing, everywhere in Ontario.
Bookkeeping for your Toronto business
Plans start at $199/month. Ready to get your Toronto business’s books in order? Book a free consultation today — call us, message us on WhatsApp, or email us to get started. We typically respond within one business day.