Tallmont Outsourced Accounting Services for Canadian Businesses
Bookkeeping, NetSuite, and virtual CFO services for Canadian companies — ASPE/IFRS-aware, GST/HST-savvy, multi-currency, with hours overlap across Canadian time zones.
Canadian books have their own rules — we work in them
Canadian businesses live in a distinct accounting environment: ASPE or IFRS rather than US GAAP, GST/HST threading through every transaction, and — for most growing companies — a CAD/USD dual-currency reality. Generic offshore bookkeeping tends to flatten those differences. We build around them.
The right framework. ASPE for most private companies, IFRS where the structure demands it — agreed with your year-end accountant and applied consistently, so there are no surprises at compilation or review time.
Sales tax that reconciles. GST/HST, QST, and PST tracked properly through the books with clean input tax credit documentation. Filing periods stop being a scramble.
Dual-currency competence. CAD/USD books with proper translation, FX gain/loss isolation, and reporting that makes cross-border performance legible — essential for Canadian companies selling into the US.
The Canadian stack. QuickBooks Online (the Canadian SME standard), Xero, NetSuite for multi-entity groups, Wagepoint/Ceridian payroll — plus the US tools your American customers force on you.
Construction and development strength. Canada’s development sector runs on the same CIP, draw-schedule, and multi-entity structures we specialize in — with Canadian terminology and lender expectations.
What we deliver
Common questions from Canada
Do you work under ASPE or IFRS?
Both. Private Canadian companies typically report under ASPE; groups heading for public markets or with international parents use IFRS. We set the framework with your year-end accountant and keep the books consistent with it.
Can you handle GST/HST and provincial sales taxes in the books?
Yes — GST/HST (and QST/PST where applicable) tracked correctly through the books with clean input tax credit records, so filings prepared by you or your accountant reconcile without drama.
We invoice in both CAD and USD. Is that a problem?
It's normal for Canadian businesses and it's built into our work: multi-currency books, proper FX translation, and clean separation of realized and unrealized exchange effects.
Do you cover Canadian business hours?
Yes — guaranteed overlap across Canadian time zones from Atlantic to Pacific, with a fixed monthly close calendar.
Book your free books review (CA)
Thirty minutes, your current setup, and a candid read on what it would take.