![]() ![]() We consider ourselves to be somewhere between “rock stars” and well… “accountants” on the coolness scale. Mark and Brendon are as hip as CPA Alberta’s rules of professional conduct will allow. CRA accepts electronic versions of virtually all documentation and does not require paper forms or records including documents (receipts). ![]() If you choose to change accountants, we can provide copies of all records for this time period at your request. Your records remain secured in our cloud-based server, backed-up daily, and are accessible to only our staff during this time. We have systems in place with secure providers in Canada to ensure we are always compliant. The CRA requires books and records to be retained in Canada for seven years. How long do you keep my files online, and does the Canada Revenue Agency (CRA) allow this? If this is a concern, we recommend you contact us to discuss your specific situation and requirements. This is something that we consider on a case to case basis during our initial consultations. With that said, we know that moving to Xero may not be an option for every client. In our experience working in public accounting firms, using multiple accounting platforms often means increased operating costs and can sometimes decrease the level of dedicated service we can provide. ![]() While we do have experience with other widely-used cloud accounting platforms such as QuickBooks Online and Sage, we do not recommend these to our clients in most cases. Do you work with other accounting software other than Xero? What if I’m using something else?īased on our professional experience and research, we believe that Xero is by far the best accounting software currently available in Canada. Instead of keeping your files in paper form in a filing cabinet or a storage room, everything is securely stored online in the cloud.Ĭlients collaborate directly with accountants by downloading and transferring their financial information effortlessly through a secure online portal. A cloud-based accounting firm provides accounting services using a combination of online and in-person services. ![]()
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