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The bookkeeping is similar everywhere. The judgement calls are not. These are the files we see most often and the specific issues each one brings.
The bookkeeping is similar everywhere. The judgement calls are not. These are the files we see most often and the specific issues each one brings.
01 Service
Professional corporations
Professional corporations
Professional corporations
Medical, dental, legal and consulting practices, where the technical work is straightforward but compensation planning and corporate structure carry most of the value.
Medical, dental, legal and consulting practices, where the technical work is straightforward but compensation planning and corporate structure carry most of the value.
What we watch
What we watch
01
01
Salary and dividend mix across the household
Salary and dividend mix across the household
02
02
Corporate class investments and retained earnings
Corporate class investments and retained earnings
03
03
Professional body and licensing requirements
Professional body and licensing requirements
04
04
Associate and partner compensation structures
Associate and partner compensation structures
02 Service
Construction & trades
Construction & trades
Construction & trades
Contractors and trades, where revenue recognition and holdbacks distort the picture if they are handled casually, and subcontractor records attract CRA attention.
Contractors and trades, where revenue recognition and holdbacks distort the picture if they are handled casually, and subcontractor records attract CRA attention.
What we watch
What we watch
01
01
Holdbacks and progress billing treatment
Holdbacks and progress billing treatment
02
02
Subcontractor versus employee classification
Subcontractor versus employee classification
03
03
T5018 contract payment reporting
T5018 contract payment reporting
04
04
WSIB premiums and clearance certificates
WSIB premiums and clearance certificates
03 Service
Restaurants & hospitality
Restaurants & hospitality
Restaurants & hospitality
High transaction volume, thin margins and payroll complexity, where a week of missed reconciliation compounds quickly into a month of untangling.
High transaction volume, thin margins and payroll complexity, where a week of missed reconciliation compounds quickly into a month of untangling.
What we watch
What we watch
01
01
Point-of-sale integration and daily reconciliation
Point-of-sale integration and daily reconciliation
02
02
Tip reporting and payroll treatment
Tip reporting and payroll treatment
03
03
Food and beverage cost percentages
Food and beverage cost percentages
04
04
Multi-location consolidation
Multi-location consolidation
04 Service
Real estate & property
Real estate & property
Real estate & property
Rental portfolios and holding companies, where the capital-versus-expense decision and the structure you hold property in drive the long-term tax result.
Rental portfolios and holding companies, where the capital-versus-expense decision and the structure you hold property in drive the long-term tax result.
What we watch
What we watch
01
01
Capital versus current expense decisions
Capital versus current expense decisions
02
02
Capital cost allowance strategy by property
Capital cost allowance strategy by property
03
03
Holding company and trust structures
Holding company and trust structures
04
04
GST/HST on new construction and substantial renovation
GST/HST on new construction and substantial renovation
05 Service
Not-for-profit & charities
Not-for-profit & charities
Not-for-profit & charities
Registered charities and non-profits, where the reporting obligations are unforgiving and the consequences of a late return reach further than a penalty.
Registered charities and non-profits, where the reporting obligations are unforgiving and the consequences of a late return reach further than a penalty.
What we watch
What we watch
01
01
T3010 registered charity information return
T3010 registered charity information return
02
02
Restricted and endowment fund tracking
Restricted and endowment fund tracking
03
03
Public service body HST rebate claims
Public service body HST rebate claims
04
04
Board and funder reporting packages
Board and funder reporting packages
06 Service
Retail & e-commerce
Retail & e-commerce
Retail & e-commerce
Multi-channel sellers, where inventory accuracy and sales tax across provinces and platforms are the two things most likely to be quietly wrong.
Multi-channel sellers, where inventory accuracy and sales tax across provinces and platforms are the two things most likely to be quietly wrong.
What we watch
What we watch
01
01
Inventory valuation and cost of goods sold
Inventory valuation and cost of goods sold
02
02
Sales tax across provinces and marketplaces
Sales tax across provinces and marketplaces
03
03
Platform fee and payout reconciliation
Platform fee and payout reconciliation
04
04
Returns, chargebacks and shrinkage
Returns, chargebacks and shrinkage
Book a consultation
Your industry
not listed here?
Your industry
not listed here?
Your industry
not listed here?
The list above is where we do the most work, not the limit of it. Tell us what you do and we will say honestly whether we are the right firm for it.
The list above is where we do the most work, not the limit of it. Tell us what you do and we will say honestly whether we are the right firm for it.
Book a consultation
Call the office
01
Salary and dividend mix across the household
02
Corporate class investments and retained earnings
03
Professional body and licensing requirements
04
Associate and partner compensation structures
01
Holdbacks and progress billing treatment
02
Subcontractor versus employee classification
03
T5018 contract payment reporting
04
WSIB premiums and clearance certificates
01
Point-of-sale integration and daily reconciliation
02
Tip reporting and payroll treatment
03
Food and beverage cost percentages
04
Multi-location consolidation
01
Capital versus current expense decisions
02
Capital cost allowance strategy by property
03
Holding company and trust structures
04
GST/HST on new construction and substantial renovation
01
T3010 registered charity information return
02
Restricted and endowment fund tracking
03
Public service body HST rebate claims
04
Board and funder reporting packages
01
Inventory valuation and cost of goods sold
02
Sales tax across provinces and marketplaces
03
Platform fee and payout reconciliation
04
Returns, chargebacks and shrinkage
Ledgerline
Chartered Professional Accountants
Street address · City, Province, Postal code
Firm
Information on this website is general in nature and is not accounting, tax or legal advice. Filing dates vary with your fiscal year-end and move when they fall on a weekend or public holiday. Speak with us about your own circumstances before acting.
© 2026 Ledgerline. All rights reserved.
Registered with CPA Ontario
Ledgerline
Ledgerline
Chartered Professional Accountants
Street address · City, Province, Postal code
Firm
Information on this website is general in nature and is not accounting, tax or legal advice. Filing dates vary with your fiscal year-end and move when they fall on a weekend or public holiday. Speak with us about your own circumstances before acting.
© 2026 Ledgerline. All rights reserved.
Registered with CPA Ontario
Ledgerline
Ledgerline
Chartered Professional Accountants
Street address · City, Province, Postal code
Firm
Information on this website is general in nature and is not accounting, tax or legal advice. Filing dates vary with your fiscal year-end and move when they fall on a weekend or public holiday. Speak with us about your own circumstances before acting.
© 2026 Ledgerline. All rights reserved.
Registered with CPA Ontario
Ledgerline