NEWS AND INSIGHTS

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Put your feet up and enjoy our insights and thoughts on this and that. When a little bit of discussion and direction makes all the difference.

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10
Apr
Allowable Write-offs
Blog, Bookkeeping, Fiscal Performance

Allowable Write-offs

In the big scheme of things, all companies need to concentrate on the bottom line. This applies to proprietorships, partnerships and corporations. By “bottom line” we are referring to the net profit or loss on the Earnings Statement or Profit & Loss Statement.
Read more: Allowable Write-offs
08
Mar
Tax Season
Blog, Fiscal Performance

‘tis the Season – Tax Time in Canada

Welcome to March! As we start to realize the end of the winter season, we need to turn our attention to the next “season”. The one I’m referring to in this case is tax season.
Read more: ‘tis the Season – Tax Time in Canada
01
Feb
Full Cycle Bookkeeping
Blog, Bookkeeping, Fiscal Performance

Full cycle bookeeping

Ask many people what they think bookkeepers do and, as often as not, the reply will be to enter the business numbers into the books, write a bunch of cheques and make bank deposits. Even many business owners and managers think this way. They’re not wrong but there is so much more.
Read more: Full cycle bookeeping
16
Jan
RRSP and Tax Season
Blog, Fiscal Performance

RRSPs and Tax Season

An RRSP or Registered Retirement Savings Plan is a legitimate way for Canadians to park money that they have earned during the year into an account that shelters it from government taxation. The taxation doesn’t occur until it is withdrawn some time down the road.
Read more: RRSPs and Tax Season

From start
to finish

At Fiscal Performance our team of highly trained professionals will provide you with superior bookkeeping services—again and again.

Take advantage of our expertise and simplify how you track your business finances, so you can focus on the bigger picture.

Get started

From start
to finish

At Fiscal Performance our team of highly trained professionals will provide you with superior bookkeeping services—again and again.

Take advantage of our expertise and simplify how you track your business finances, so you can focus on the bigger picture.

Get started

“Tracy and her team were a welcome relief from the monthly burden of filling spreadsheets and hoping I got it right with my GST obligations and annual tax return preparation. Not only did she and her team free up my time to get on with the business of supporting my clients, she also made me see that “Knowledge is power”.

– Tricia Ryan, President, Focal Point Business Coaching

“Tracy took over from another bookkeeper. We have an accounting system that Tracy was not familiar with and had a very positive attitude adapting and learning the system. She is very detailed and always completes accounting procedures on time. Her attitude is excellent and she always informs me of what she is doing. When I ask her any questions I get a proper response.”

– Bryan Sullivan

“I have been a client of Fiscal Performance for the past year and have called upon their staff for tax advice & services for my small business returns. I recommend their service, highly and look forward to their continued service & support.”

– Dan De Jong

“Tracy and I have partnered on a number of projects over time. She is always enthusiastic and ready to devote 100% of herself to every task she undertakes. I know Fiscal Performance will take care of business with honesty, integrity and dedication.”

– Sandi H.

“I am truly glad we chose your company to do our work.  Your staff are very professional and provide an excellent service to ensure our paperwork is kept up to date.  I am happy to know your company is on top of things and makes my job easier. Again thank you for giving our company peace of mind.”

– Brenda D.

Unique

Client Service Manager

Behind every well-run business is a bookkeeper who truly cares, and Unique brings that care to every set of books she manages. With over five years of experience across bookkeeping, accounting and taxes, she is skilled at keeping finances organized and streamlined with business owners in mind. Recognized for her attention to detail, clear communication, and calm problem-solving approach, Unique believes great bookkeeping is about more than balancing the books. It is about building trust, maintaining consistency, and supporting clients every step of the way. When she is not focused on finances, you will often find her enjoying a good movie, hanging out with family and friends or relaxing with music.

Vaidehi

Bookkeeper

Meet Vaidehi, a dedicated and professional Bookkeeper since 2021, who proudly supports and assists her clients. Her efficiency and expertise shines through her seamless handling of her clients’ financial records including Accounts Receivable, Accounts Payable, Bank Reconciliation and client communication. Trust Vaidehi to provide the support and solutions you need. During her personal time, Vaidehi enjoys dancing, cooking and tending to her garden.

Tinna

Bookkeeper

Introducing Tinna, a resourceful and dynamic Bookkeeper with over 12 years of hands-on experience. An expert in all aspects of accounting and finance operations, she handles preparation and maintenance of statutory accounting books, reconciling revenue and expenditure accounts, overseeing the preparation of monthly, quarterly, bi-annual and year-end financial statements, implementing stellar accounting systems and controls, budgeting and financial projections. Tinna’s solid background in managing both financial and non-financial assets, investigating and auditing accounts, makes her an asset to the Fiscal Performance team.

Olusegun

Client Service Manager

If you’re seeking a bookkeeper with a passion for precision, a friendly demeanor, and a love for the beautiful game of soccer, then look no further than Olusegun. With over 10 years of experience with auditing and financial analysis, Olusegun brings a unique blend of expertise and enthusiasm to the table. Known for his approachable demeanor and willingness to go the extra mile, he’s not just your typical accountant – he’s a trusted ally in your company’s full cycle financial management. So, if you’re in need of a bookkeeper (with auditing know-how) who gets the job done, valuing integrity and reliability as part of every job, Olusegun is your go-to guy!

Tracy Khamis

RWM, CPB, DFA – Bookkeeping Services Specialist™

Managing Director

Always wanting to learn and gain knowledge, Tracy has worked for multiple companies from various industries. Having the opportunity to work in varied industries from small companies to large organizations such as banks, accounting firms, schools, restaurants, construction, manufacturing and the arts has been extremely exciting. Each industry has different rules that apply, along with different government requirements. This experience has provided Tracy with extensive growth and understanding of bookkeeping, multiple software platforms, and in-depth financial report preparation. To know Tracy is to appreciate what she can do to put your books in order and keep them in a timely, relevant and professional manner.

Office: 1-905-662-9437
Mobile: 1-905-818-5328
Email: [email protected]