Staffing Companies
Millson Hills Accounting and Bookkeeping Services Inc. works with one of Canada’s largest staffing agencies. For over 20 years we have provided administrative services including payroll processing, accounts receivable collections, accounts payable-bill paying, a full set of financial statements. We have helped many small businesses remain compliant with government regulations and requirements.
During the pandemic, we have been instrumental in helping our clients maintain their staff levels, a sustainable cash flow which kept their doors open as an essential service. We understand the needs of a small business and the added expectations of being part of a franchise group. We work for you so that you can focus on your closest to the dollar activity-SALES!
Staffing Company Services
Payroll (Canada)
Accurate payroll for your employees builds confidence and loyalty. Millson Hills provides T4, T5, Record of Employment, source payment information and other payroll related information.
We are the ROE administrators for HQ. Contact Jenner Kraatz 519-963-3880 for more information
We also provide an ROE service for your associates
We can assist you with government programs such as the CEWS-wage subsidy calculations or review.
Accounts Receivable
Our weekly collection calls increase the chance of successfully collecting outstanding amounts. Proactive management limits chargebacks and reserve interest.
On average, our Client’s current accounts receivable amount is over 85% compared to non-Clients who average between 30% and 60% current.
Accounts Payable
Timely invoice payments and expense allocation ensures:
- Less interest charges
- Improved credit score
- No supplier interruptions
- Financial statement accuracy
Cash Flow Management
Cash flow projections are prepared and distributed monthly if requested. This helps clients plan for expenditures or down time due to seasonality of sales.
Financial Statements
Accurate and timely financial statements are key to ensuring you are making informed business decisions.
We provide monthly financial statements.
Budget Preparation
Our innovative budget tool is tailored to your business. This tool will take hours off your budgeting time and make it easy to make informed business decisions.
Government Audits
We help you navigate through the frustration that comes along with any government audit. We work with you and the government representative to assist with compliance and mitigating fines and interest costs.
Other Services
- Cash flow Management
- Spreadsheet development
- Special Projects
Some benefits of working with us
- No need to purchase your own accounting software
- No need to train and retrain staff on unprofitable admin tasks
- Focus on growing your business, not doing admin tasks
- Go on vacation, payroll still gets done
- Invoices paid on time avoiding fees and interest charges
- Regular collection calls are more likely to receive payment
- Pay less interest and have fewer chargebacks
- Record of employment up to date and accurate
- Financial statements on a timely basis
- Information prepared and liaison with your tax accountant
- You can focus on business and staff development
- Your accountant knows your business and understands the pressure points of your business
Ready to get started?
We can’t wait to hear from you. Get in touch to learn more about how Millson Hills can boost your staffing agency’s performance.