You can trust your finances to Dymas Services Ltd.
For the best value in Bookkeeping and Tax Preparation, you need search no more. Dymas Services Ltd. has expert skills and knowledge in accounting for construction and handyman services in Southern Alberta.
Why Choose Us?
If you’re a good local handyman who calls Calgary home, you’ve probably already got your honey do list full of projects and don’t have time to maintain your accounting work.
When looking for an accounting service in Calgary, you’ll want to find someone who is loyal, consistent, professional, and well respected. We work with a variety of small businesses in Calgary from the construction and skilled trades field. We’ve earned the trust of our clients, who typically stick with us for life.
✅ Professional, Trustworthy Services
✅ Bookkeeping, Taxes, and Consulting ALL under one Roof
✅ 30+ Years of Combined Experience
✅ Timeliness
✅ Value-Based Services
✅ Long-Term Partnership
If your bookkeeping is a mess, we can fix that! We can get
your QuickBooks file up-to-date, file previous years tax returns, and get you
back on track with the CRA. We are expert QuickBooks Accountants near Calgary and work with small businesses in Alberta and remotely throughout Canada.
How Our Services Work
Our professional small business bookkeeping and tax preparation services are designed for companies just like yours. We:
✅ Reconcile your small business accounts to track your handyman service income and expenses, then provide you with financial reports (Income Statements and Balance Sheets).
✅ Prepare and file your GST/HST Sales Tax remittances for the Canada Revenue Agency (CRA), avoiding any late filing fees and penalties.
✅ Prepare and file your T2 Corporate income tax return if you are incorporated in Alberta, or prepare and file your T1 General personal income tax return if you are a sole proprietor in Canada.
✅ Provide any tax or business consulting, whether it be about selling your business, expanding your pro handyman services, or branching out into other endeavors.
These are just a general overview of how you can benefit from our bookkeeping and tax services. We have a full list of services we provide on our website.
How our Bookkeeping and Tax Prep will Improve Your Bottom Line
In the repairs and maintenance line of work, profit margins can be tight. A home improvement contractor needs to know the general cost of projects to bid on jobs and remain both profitable and competitive. Every job will be different, but having a general idea of the costs will be helpful.
Profitability is the difference between a successful business and a failed business. If you focus on the jobs that make you money, and not on the jobs that lose you money, you’re on your way to maintaining and growing a successful handyman business. When you receive a statement of income each month, you’ll see how your company is doing financially, and how profitable your company has been.
Late in paying Taxes? If you’re not consistent in keeping good records of business transactions, you won’t have the financial information available to file taxes. We make filing taxes a breeze so that you won’t be late and have to deal with letters from the CRA, or late penalties and fines.
Are We the Cheapest Bookkeeping Service in Calgary?
In business, there are two strategies to get market share; offer the best value, or offer the lowest price. The problem with offering the lowest price is that, in order to be profitable, bookkeepers and tax preparers will advertise unrealistic low fees and then tack on a bunch of additional fees after the client signs on with them. This is dishonest to the client and does not build trust!
We structure our business model around offering the best value to gain trust and respect, so that we can build long-term relationships with our clients. A good name is the best way to advertise, and most of our clients have come as a result of word-of-mouth.
You can expect professional services at a very fair price. You’ll be happy with our bookkeeping and have peace of mind being in compliance for all taxes. Get in touch with us today and let us know what the size of your business is so we can give you an idea of what our fees would be. We can discuss services over the phone and decide on an in person meeting if you’d like to move forward.
We offer remote services to small businesses in Canada and can meet virtually or discuss all business finance matters over the phone.
Do you Need a CPA Accountant for Your Business?
Many people will tell you that an accountant is someone who has an accounting designation such as a CPA. This is not the technical definition of an accountant. An accountant is someone who works in the field of accounting.
There are many CPAs who do not work in the field of accounting, but in another field such as tax law. While we are not members of the Alberta CPA Licensing organization, our accounting staff have solid foundations in proper bookkeeping practices and tax laws, with years of technical experience dealing with the CRA, IRS, and multiple other tax agencies.
Often times, CPA’s will charge much higher rates and can be less experienced in practical bookkeeping and tax preparation procedures. In essence, you are paying for the CPA label and student loan payments.
We have a boatload of real-world experience in handling Audits from the Canada Revenue Agency (CRA) when it comes to income taxes, home office deductions, meals & entertainment deductions, vehicle expenses, and much, much more, which has proven to be invaluable to our clients.
Our rates are more than likely much more affordable than hiring a CPA in Calgary.
What do Bookkeepers Do?
We, as Canadian bookkeepers, perform a range of essential financial tasks to support businesses like yours in the trades and home improvement industry.
We are responsible for accurately recording and managing financial transactions, including purchases, sales, receipts, and payments.
As bookkeepers and tax preparers, our job can be to handle accounts payable by processing invoices, tracking payments to suppliers, and reconciling accounts.
We may also manage accounts receivable by generating invoices, tracking customer payments, and following up on overdue accounts.
Additionally, as bookkeepers in Calgary, we play a vital role in payroll processing, ensuring accurate calculation of employee wages, taxes, and benefits, while adhering to Canadian tax laws and regulations.
We are proficient in bank reconciliation, comparing bank statements with financial records to identify any discrepancies and maintain financial accuracy.
Furthermore, as bookkeepers contribute to financial reporting by preparing statements such as income statements, balance sheets, and cash flow statements, providing insights into the financial health of businesses.
We can also assist in expense tracking, maintaining organized financial records, and communicating with stakeholders regarding financial matters.
Overall, we as bookkeepers and tax preparers ensure the financial stability and compliance of businesses operating in Canada.
An Overview of Benefits of Accounting Services We Offer to Handymen
As a handyman in the Calgary area, a financial management service can serve as an invaluable asset in providing bookkeeping and tax preparation support.
We can track all home repair service income and expenses associated with your business to maintain accurate records so that you can make important financial decisions.
Expenses can add up, and tracking them can keep costs in check, making sure you remain profitable and your business is sustainable.
We can also offer payroll services and subcontractor tracking for wages, salaries, CPP, EI, and income tax withholding for any T4, T4A, and T5018 filing requirements with the CRA.
Complying with the CRA in terms of reporting taxable income and allowable expenses is necessary for your business.
By having us as your tax preparation service, we help you stay in compliance with the complex tax codes of Canada, where it might get tricky trying to do that yourself.
We help you maintain documentation that might be required in case of an audit.
Last but not least, we provide financial reporting in the form of income statements and balance sheets.
These are things any handyman needs to know about their business, especially in Calgary where things can be boom and bust.
These help you to make the best financial decisions to strategize for the future of your business.
Why Wait? Contact Us Today
Not having a good accountant could be costing you! Stop gambling with your business, it doesn’t have to end in a battle with the CRA.
Dymas Services Ltd. has helped many dozens of small businesses with reliable bookkeeping and tax services.
Our services are 100% ethical and professional.
Your financial information is safe and secure, protected with no risk.
You will be happy with the expert results when working with us.
We have stood the test of time as we have been doing business here in Calgary since 2008.
Give us a call today to get started.
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