Accounting for
Strategic Growth
Clear numbers. Better decisions.
about us
Sustained Profits is a trusted provider of bookkeeping, tax preparation, and financial advisory services. Our mission is to empower businesses with accurate financial insights, ensuring compliance and fostering growth.
Our Services
Bookkeeping
Day to day financial reporting that keeps your books accurate, organized, and up to date.
Fractional Controller
Accrual accounting, revenue recognition, consolidated and multicurrency reporting, budget vs actuals, KPIs, and financial coaching.
Oversight services
Review and guidance for in house bookkeeping teams, with a focus on accuracy and efficient workflows.
Tax Preparation and filings
Year round preparation and coordination with your CPA or one of our trusted CPA partners.
Client Testimonials
Nicoleta
All About Parenting
We’ve had a very good experience working with your team over time. Your support has been consistent, responsive and helpful whenever we needed clarity or guidance.
Ben
Reload Physical Therapy & Fitness
We love working with Sustained Profits and they have made our bookkeeping and month end processes smooth that in the past when we were manually doing everything. The superteam of Jannielin, Jannette, and Rivka have helped us through year end reconciliations saving us countless hours and assisting with tax related issues that require coordinated efforts with a few of our other vendors. We can't recommend Sustained Profits enough to other small businesses who don't have the time or luxury of an entire accounting or bookkeeping team!
Sarah
OneStep Power Solutions Inc.
Rivka and the team at Sustained Profits help keep us on track, with support and insight. We trust Rivka's advice and the reports Sustained Profits produce are professional and easy for our stakeholders to understand. The transparent and consistent approach to book-keeping helps our team know exactly where we are at, and what the future holds.
HOW WE WORK
We Start from The Year-to-Date Project
Our Year-to-Date (YTD) bookkeeping service ensures your financial records are up-to-date, compliant, and ready for future planning. Here’s how we work together:
1. Initial Setup & Onboarding
Confirm project scope, including date range and deadlines.
Review your business details.
Organize all necessary documents, including tax files, previous books, formation documents, and statements.
2. Project Clean Up
Review and analyze current financials and revenue recognition.
Fix errors and make necessary adjustments.
Decide on a more efficient process and create an SOP for bookkeeping moving forward.
3. Data Reconciliation & Verification
Reconcile bank statements, credit card transactions, and other financial accounts.
Verify starting and ending balances against statements.
4. Final Report
Deliver a comprehensive YTD report with analysis and insights on your business’s performance.
Transitioning to a Recurring Plan
Once your YTD bookkeeping is complete, transitioning to our recurring plan is seamless:
1. Recurring Plan Activation
Plan Adjustment: Your recurring plan will be suggested based on your business’s transaction volume, complexity, and desired frequency, ensuring a cost-effective and flexible solution that aligns with your specific needs.
Assigned bookkeeper to handle your account, ensuring consistency and efficiency.
2. Customized Monthly Bookkeeping
Core Bookkeeping Services:
Bank and credit card reconciliations, revenue recognition, adjustments, and other custom tasks.
Personalized financial reports provided including:
- Profit & Loss Statement
- Balance Sheet
- Cashflow Report
- Key KPIs
- Additional Custom Reports
3. Dedicated Ongoing Support and Tax Filing Collaboration
Management Oversight: to ensure consistency and efficiency
Tax Filing Collaboration: Preparation of clear, accurate financial reports and support schedules, with ongoing collaboration with your CPA to facilitate tax filing.