Balancing the books in the Forest City

Online and Cloud Bookkeeping Services in London, Ontario

We are your growth-focused, affordable secure Cloud, Online, and Virtual bookkeeper in London, Ontario.

London not only has an extensive range of natural colours but also a full spectrum of diverse businesses. From Downtown London and Hyde Park to Wortley Village, we provide businesses with unmatched bookkeeping and tax compliance services.

The bookkeeping heritage of London

Bookkeeping in London has evolved a lot. In the late 1800s, the city started to see a railway boom, and the manufacturing hubs began to bloom. At that time, ledgers were in the form of heavy books managed by clerks and accountants. However, by the mid-20th century, the punch card accounting system revolutionized bookkeeping. As Online Accountant stepped onto the stage, we saw a much-changed bookkeeping landscape, and we joined the bandwagon, leading from the front the evolution to state-of-the-art, tech-savvy, today’s cloud-based bookkeeping solutions.
At Online Accountant, we combine this rich heritage with modern expertise.
We make sure your business stays ahead in a competitive market.

Why London businesses trust Online Accountant

1

Understanding of the pulse of the London Market

Our bookkeepers possess a deep knowledge of Ontario’s tax laws and HST regulations. We customize our services to the needs of London’s industries.
Our bookkeepers possess a deep knowledge of Ontario’s tax laws and HST regulations. We customize our services to the needs of London’s industries.

2

Affordable bookkeeping

Why pay more when you can get it done in less? Our cloud-based bookkeeping solutions start at $29 per month.
Our bookkeeping solutions leverage modern technology and state-of-the-art options. We have our offshore secure workplaces where we have employed the best talent available globally, utilizing the human resources available in talent-rich countries. These are our competitive advantages, which other bookkeepers can hardly match.

3

Xero gold partner: A badge of trust

Businesses trust us because we partner with industry-leading names like Xero. We ensure that you get the best in the market.

4

Scalable Solutions

As your business grows, we scale our services to meet your changing needs, so you never have to worry about outgrowing your bookkeeping solution.

5

World-class services

We combine global talent with local expertise, offering you premium services that fit your budget.

6

Up to 100% client retention rate

Due to the fact that our employees stay with us for longer, as compared to what happens with other companies in Canada, we are able to satisfy our clients. This leads to a 100% client retention rate that we boast in London.

Tax laws and compliance

We understand that London businesses must take tax law compliance seriously. Here is how we help:
HST Filing
Ontario has a 13% Harmonized Sales Tax. To stay audit-free and keep the CRA at bay, we help businesses ensure accurate reporting and timely filings.
Corporate tax rates
If you are a small business earning less than $500000, the federal-provincial combined tax is just 12.2%. We make sure that the maximum goes into your pocket by claiming all possible deductions, which many business owners are sometimes oblivious of.
Payroll compliance
For compliance when it comes to payroll, we ensure that you stay up to date with WSIB contributions, employer health taxes, and the CRA requirements.

Fun Fact About Bookkeeping

Bookkeeping has roots in ancient civilizations. Ancient Mesopotamians stored data on clay tablets. The double-entry bookkeeping we use today was first developed in 1494 by Luca Pacioli, a friend of Leonardo da Vinci. Many basic bookkeeping principles remain unchanged today, while modes have evolved greatly and Online Accountant takes the lead in adopting new tools.

Partnering with Online Accountant is not just hiring a bookkeeper. It’s connecting with a strategic ally.