

Accounting & Business Consultants for a Growth Mindset
Get ready to take Control of your Business & Finances.
Accounting & Bookkeeping
24/7 | VIRTUAL | MOBILE | IN-PERSON
All- In-One Accounting & Business Consulting
Servicing Central and Southern Alberta: Edmonton, Calgary
Servicing Northern Alberta & British Columbia: Grande Prairie, Peace River, Dawson Creek, Fort St. John, Terrace

Your Books a Dumpster fire? Let's Extinguish that hot mess!
Accurate accounting and bookkeeping are essential for any business.
Inconsistent or improper bookkeeping can lead to reactive actions, stress, and panic. Owners and managers often require accurate financial information for loan applications, potential investors, board meetings, and even CRA audits. With proper bookkeeping, there’s less need for reactive measures and last-minute corrections when critical information is needed by owners or shareholders.
We’ve seen numerous cases where inadequate bookkeeping resulted in costly clean-up projects—avoidable if the right processes, policies, and systems had been in place from the beginning.
The good news? We have those processes for you!
Through our accounting and automation services, you get real-time, cloud-based bookkeeping. This means there’s never a question about where your data is—you can see your books progress in real time. We use the latest trusted software and apps to ensure data flows to the right places, with easy-to-read dashboards that help you make informed decisions quickly.
No more Accounting and Bookkeeping nightmares!
We are trained and certified in over 20 different software platforms and can help you with everything from setup and implementation to complex problem-solving. We’ve seen it all and fixed it all.
Experience. Efficiency. Driven by Education. Empowering Clients.
As your all-in-one accounting and operations solution in the Peace Region of Alberta, British Columbia, and surrounding areas, our friendly and skilled team at Forge Accounting & Management Services will ensure your bookkeeping is accurate and compliant. We offer a comprehensive range of services to help you achieve your business goals, from Bookkeeping to hiring a CFO or Operations Manager.
Full-Cycle Bookkeeping & Accounting:
We are committed to providing an experience that is both efficient and stress-free for your business and accounting needs.
We offer hourly pricing, monthly packages, and customized packages tailored to your company because every business is unique and deserves personalized services.
Accounting and Bookkeeping are the most critical aspects of running a well-managed business. Whether it’s day-to-day, monthly, or yearly tasks, your bookkeeping must meet all compliance regulations.
Our Bookkeeping Options:
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Let our meticulous and experienced professionals handle your Full-Cycle Bookkeeping.
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We can teach and empower you and your team.
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A combination of both, offering support and hands-on training.
We understand the intricacies of running a successful business, and we know you need financial experts on your side. Forge Accounting & Management Services is passionate about helping your business thrive.
Our Full-Cycle Bookkeeping services go beyond the basics. We are continually upgrading our knowledge and adopting the latest automation systems to be as effective and efficient as possible. We also love to educate entrepreneurs and Bookkeeping professionals, helping you build a strong financial foundation.
Full Cycle Bookkeeping
Full-Cycle Bookkeeping Services: Day-to-Day Financial Management
We handle every aspect of your day-to-day bookkeeping tasks to ensure your financial data is accurate, organized, and easily accessible. With our Full-Cycle Bookkeeping approach, your business is always ready for reporting, audits, and financial planning. Here’s how we manage the key components of Bookkeeping for your business:
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Inputting Financial Transactions
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Our team ensures each transaction is entered with precision, maintaining consistency across various categories such as income, operating expenses, capital purchases, and more. This ensures that your accounts reflect the true financial position of your business, down to the last detail.
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By automating repetitive transaction entries where possible and applying consistent coding, we reduce the risk of human error and streamline your financial processes.
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Bank Reconciliation
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We regularly reconcile your business’s bank accounts, ensuring that the balances in your accounting records match those in your actual bank statements.
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Our reconciliation process helps you stay on top of your cash flow, avoiding costly mistakes like overdrafts or missed payments. We ensure that your financial records remain clean, accurate, and up-to-date.
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Any discrepancies or errors identified during reconciliation are promptly investigated and corrected, ensuring your books are always balanced and accurate.
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Categorizing Transactions
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We ensure consistent categorization in line with your chart of accounts, making it easier for you to generate financial reports like profit and loss statements, balance sheets, and cash flow reports.
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Our categorization process also supports your tax planning by ensuring that deductible expenses, tax liabilities, and other critical financial items are appropriately identified and tracked.
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Maintaining Accurate and Detailed Records
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We maintain precise, real-time financial records that comply with GAAP (Generally Accepted Accounting Principles) and other relevant accounting standards. This not only keeps your books accurate but also ensures they meet legal and regulatory requirements.
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These detailed records are vital for business owners who need insights into their financial health at any given time. With our system, you can easily access historical data, review transaction histories, and monitor financial trends.
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Audit-Ready Financials
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We maintain accurate and organized financial data, ensuring your books are always ready for internal reviews or CRA audits.
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Supporting documents like receipts, invoices, and bank statements are easily accessible for quick reference.
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Our proactive approach helps ensure compliance with tax laws and reduces the risk of errors or penalties.
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Preparing for Tax and Financial Reporting
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We prepare your financial data for monthly, quarterly, and yearly reporting, ensuring it's ready for tax filings, investor reports, or lender requirements.
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Key tax-related data, such as deductible expenses and taxable income, is tracked throughout the year.
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Our bookkeeping allows you to generate financial reports on demand for assessing business health, cash flow forecasts, or growth planning.
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By handling the full cycle of data entry, bank reconciliation, transaction categorization, and record maintenance, we ensure that your bookkeeping is accurate, well-organized, and always ready for financial analysis, audits, and decision-making. This gives you peace of mind, knowing that your financials are always up to date and compliant, allowing you to focus on running your business.
Payroll and Human Resources
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Certified Payroll Practitioners
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Our payroll experts are certified through recognized organizations like the Canadian Payroll Association, guaranteeing that your payroll is managed with the highest accuracy and professionalism.
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We handle every aspect of payroll, including employee wages, benefits administration, tax deductions, and statutory filings, ensuring all calculations and submissions are done correctly and on time.
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By maintaining a thorough understanding of complex payroll systems, we help avoid costly errors or compliance issues, ensuring that your employees are paid accurately and that your business remains free from penalties or legal risks.
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Staying Updated on Payroll Changes
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We continuously monitor changes in payroll regulations and tax laws to ensure your business remains compliant.
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Updates we track include new tax brackets, deduction limits, minimum wage adjustments, and changes to employer obligations.
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When changes occur, we promptly adjust your payroll systems and notify you of any impacts, ensuring smooth transitions with no disruptions to payroll accuracy or compliance.
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Accounts Payable
Accounts Payable (AP): Managing Supplier Payments
We manage every aspect of your accounts payable process to ensure that your business maintains healthy relationships with suppliers and avoids service disruptions. Here's how we effectively manage your outgoing payments:
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Supplier Invoice Management:
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We receive, review, and process all supplier invoices, ensuring each one is accurately recorded in your accounting system with key details such as vendor name, invoice amount, due date, and payment terms.
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We verify that goods or services have been received and meet the expected standards before approving invoices for payment, ensuring that there are no discrepancies between orders, deliveries, and the billed amounts.
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For businesses with a large volume of suppliers, we streamline the approval process, creating an organized system that ensures timely payment while avoiding duplicate payments or overlooked invoices.
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Timely Bill Payments:
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We schedule and process all supplier payments, ensuring that bills are paid on or before their due dates to maintain smooth relationships with vendors.
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Our process includes managing various payment methods, such as electronic transfers (ACH), checks, wire transfers, or credit card payments, ensuring flexibility and convenience for your suppliers.
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We implement a strategic payment calendar, ensuring payments are made efficiently and helping you avoid late fees or penalties.
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Expense Tracking and Reporting:
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We offer expense tracking to provide a clear view of where your money is going. Each expense is categorized and recorded to align with your budget and financial goals.
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Our detailed reports break down expenses by vendor, category, or time period, giving you insights into potential cost-saving opportunities or trends in your spending that may need adjustment.
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With this data, you can identify areas where you may be overspending and where supplier negotiations or switching vendors could improve your bottom line.
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Maintaining Positive Vendor Relationships:
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Vendor Relations: We ensure all supplier payments are made promptly and professionally, helping you maintain positive relationships with vendors. Consistent and timely payments help avoid disruptions in your supply chain and position your business favorably for future negotiations.
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Negotiation Leverage: By honoring payment terms and building strong relationships, your business becomes a preferred customer, increasing the likelihood of favorable terms, discounts, or price reductions from suppliers.
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Optimizing Payment Cycles:
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We analyze your payment cycles to optimize cash flow, ensuring that you maintain liquidity while meeting your obligations.
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AP Reconciliation:
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We reconcile your accounts payable transactions to ensure all outgoing payments are accurately reflected in your financial statements. This includes verifying that all payments match approved invoices, avoiding any discrepancies or errors.
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By maintaining up-to-date and balanced accounts, we help prevent payment errors, overpayments, and missed payments, ensuring your financial records are clean and accurate.
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By efficiently managing Accounts Payable, we help your business maintain a healthy cash flow, strengthen vendor relationships, and achieve a seamless payment cycle. With our process, you gain greater financial stability, avoid service interruptions, and create opportunities for cost savings.
CRA Remittances & Processes
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Managing CRA Remittances
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We ensure that all required remittances to the Canada Revenue Agency (CRA) are submitted accurately and on time, preventing costly late fees or penalties. This includes monthly, quarterly, and yearly remittances for GST, PST, and WCB. source deductions for payroll taxes, including CPP, EI, and income tax, ensuring that these amounts are calculated correctly and filed in compliance with CRA requirements.
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Our timely submission process helps keep your business in good standing with the CRA, reducing the risk of audits or fines.
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Filing Compliance Documents
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We manage the preparation and filing of essential tax forms, such as T4s for employee wages, T5s for dividends, and NR4s for non-resident income. This ensures all your tax documentation is accurate and compliant with CRA regulations.
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Additionally, we stay up to date on any changes in tax laws or reporting requirements, so your business remains compliant with current regulations.
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Partnering with us ensures your CRA remittances and tax filings are accurate, timely, and fully compliant. Our expert team helps reduce the risk of penalties or audits, so you can focus on your business with confidence.
Accounts Receivable
Accounts Receivable (AR): Managing Customer Payments
We take care of every detail in your accounts receivable process to help your business maintain a consistent and reliable cash flow. Here’s a more in-depth look at how we effectively manage customer payments:
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Invoice Creation and Issuance
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We generate detailed, accurate invoices and send them to your customers or clients promptly, ensuring all transactions are clearly documented with specific payment terms and due dates. This reduces confusion and improves payment turnaround.
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Invoices are customizable to fit your business’s branding, which includes your logo, contact information, and personalized payment instructions, creating a professional and consistent customer experience.
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We also ensure that invoice formats are clear and easy for customers to process, whether they are paying by bank transfer, credit card, or online payment systems. This helps to minimize delays in payment.
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Tracking Customer Payments
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We actively monitor all incoming payments, ensuring each one is properly recorded in your system and linked to the corresponding invoice. This allows for up-to-date, accurate accounts at all times.
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We manage various payment methods including bank transfers, credit card payments, checks, and online payment gateways, making it easier for your customers to settle their accounts quickly and conveniently.
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Automatic alerts are set up to notify us of any missed or delayed payments, ensuring that nothing slips through the cracks and all payments are accounted for.
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Overdue Account Management
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For overdue payments, we handle the process of following up with customers by sending polite but firm reminders. We can customize these reminders to match your business tone, either sending them manually or setting up automatic reminders based on your preferences.
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As part of our overdue account management, we keep a detailed log of outstanding balances, payment promises, and customer communications, helping you maintain transparency and stay organized.
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For long-overdue accounts, we work with you to establish a strategy, whether that involves more personalized outreach, installment payment plans, or escalation to a collections agency if necessary.
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Cash Flow Monitoring
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We monitor your cash inflows regularly, giving you real-time updates on your financial standing. This helps ensure your business maintains the necessary liquidity to meet its short-term obligations such as payroll, rent, and operational expenses.
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Our system can generate cash flow reports that show you expected versus actual payments, helping you better manage and forecast your business’s working capital needs.
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We also offer recommendations to improve cash flow, such as adjusting payment terms for customers, offering early payment incentives, or implementing more stringent credit policies for new clients.
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Improved Customer Relationships
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By efficiently managing accounts receivable, we help you maintain positive relationships with your customers. Timely, clear, and professional invoicing, paired with courteous reminders, builds trust and ensures smoother interactions when it comes to financial matters.
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Our streamlined AR process not only helps you get paid faster but also leaves a positive impression on your clients, reinforcing your reputation as a well-organized, professional business.
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Through our comprehensive management of Accounts Receivable, we ensure that your business maintains a steady cash flow, customers are satisfied, and your financial processes are streamlined for long-term success.
Business Bookkeeping Management
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Certified in nine accounting software platforms:
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We are proficient in multiple accounting platforms, including QuickBooks, Sage, and Xero, to ensure we meet your preferred software needs. Our team is trained to seamlessly integrate these systems into your workflow, allowing for smooth transitions between manual and automated processes.
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Training and implementation programs:
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We don't just manage your bookkeeping; we can train you and your staff to better understand and utilize cloud-based accounting systems. We help you implement software solutions that automate repetitive tasks, such as invoice generation, payroll calculations, and financial reporting, so you can focus more on running your business and less on the minutiae of bookkeeping. These programs are designed to improve accuracy, save time, and reduce human error.
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Our expertise in multiple accounting platforms and training programs streamlines your processes, improves accuracy, saves time, and lets you focus on growing your business while we handle the technical details.
MORE INFO
Accounting and Automation:
At Forge Accounting & Management Services, we believe experience, efficiency, and education are the keys to empowering you with confidence in your accounting systems. When your accounting and bookkeeping are handled properly, you can focus on growing and sustaining your business. Here's how we can help:
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It starts with you:
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You have the ideas and know your business can be successful.
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You’ve started your business but feel overwhelmed by the details.
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You want to understand the key components needed for success.
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What We Offer:
We provide support in Accounting, Automation, Bookkeeping, Control & Accounting, Operations & Workflow, and Taxes. Managing your income and expenses is just one part of the picture—it's also about ensuring compliance and building a strong foundation for long-term success.
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Examples of what this involves:
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You've started or are starting your business and need help organizing finances.
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You've registered with applicable tax authorities (municipal, provincial, federal).
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You understand your products/services and are building your team but need financial structure.
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The Role of an Accounting Department:
Every business, regardless of size, requires accounting processes to stay compliant and functional. While hiring a full finance team may not be feasible for many small businesses, having access to roles like CFOs, financial analysts, controllers, and payroll specialists is still crucial.
We fill that gap. Our team becomes your team, providing the expertise and support you need as your business grows.
As businesses scale, complexity increases, and it can become difficult to maintain a clear picture of financial continuity and requirements. We understand that your focus may be on sales and production, but accounting, payroll, and reporting are equally important.
Business growth is exciting—but having the right accounting team helps control costs, project growth, and save money along the way.
We love empowering our clients with knowledge, and what better way to do that than with free tools and resources? We've curated a selection of online calculators tailored specifically for Canadians. These tools are perfect for anyone looking to take control of their finances. Dive in and explore—you’ll find valuable insights and downloadable resources to help you manage your money more effectively!
Want to learn more about the difference between Accounting and Bookkeeping and how our services can support your growth? Discover insights into the roles of bookkeepers, accountants, and management accounting, and see how Forge can tailor solutions for you.