Bookkeeping services - Comparison
Which service level is right for me?
You are a small entrepreneur, just a single-person shop. Maybe you're a long-established architect, a designer, or a doctor, with at most a couple of staff. You don't need Accounts Payable as you pay for everything either by cash, cheque, or credit/debit cards as you buy them. Nor do you need to track Inventory. You either pay HST on an annual basis, or you're not subject to it at all. If you're not sure, you can start with this level and increase it to one of the higher levels as your business grows.
So if all of this applies to you, Silver is your best option. It gives you all the reporting that you need, without the bells and whistles that aren't needed - at least, not yet.
Your needs are greater than at the Silver level. You might have a salesman who needs to record sales orders and invoices. Or you buy goods and/or services on credit - and possibly use purchase orders. You are a quarterly HST payer and/or buy on credit.
For this level of needs, you're Golden! It is more expensive, yes, but you are getting more value - and you're worth it.
You're on your way to becoming the big fish in the bigger pond. You need inventory, so maybe you're running a store, or manufacturer. Or you file HST monthly. Or you've got more than 3 staff who need to work on your accounting system (and if it's more than 5, additional seats can be had for a small additional cost).
If you recognize this as your company, you need this value of service. You won't regret it.