Bookkeeping Services in Toronto

CPA-led bookkeeping for Toronto businesses. Monthly bookkeeping starts from $500 a month (Scale), with books closed by the 10th. Quarterly bookkeeping starts from $350 a month (Growth).

      
   T-Ledgers Accounting Inc.
   31 Google reviews 
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   Dan 
 
 
 
 Trustindex verifies that the original source of the review is Google. I highly recommend T-Ledgers. Their communication is exceptional. You won’t have to wait days for a response. Waji really takes his time to explain things in-depth with his clients. He provides the ins and outs behind every major decision. Our corporation was 2 years behind on filings and Waji and his firm got all the work done in a timely manner, as promised.
  
 
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   Umed Pulotov 
 
 
 
 Trustindex verifies that the original source of the review is Google. Wajahat is absolutely amazing. Very knowledgeable, professional, great customer service. I would highly highly recommend T-ledgers accounting for any accounting needs. 100/10!!
  
 
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   samer chamseddine 
 
 
 
 Trustindex verifies that the original source of the review is Google. T-Ledgers has been nothing short of exceptional after my previous accountant had me in hot water. Wajahat explained things in detail throughout the whole process and still continues to keep me updated on my files regularly. Would highly recommend T-Ledgers to anyone who appreciates organization and efficiency
  
 
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   Kushtrim Carpentry 
 
 
 
 Trustindex verifies that the original source of the review is Google. I highly recommend **T Ledger's Accounting**. He has gone above and beyond for me every single time I’ve needed his help. Even when something is urgent or needs to be handled last minute, he gets it done right away and makes sure everything is taken care of properly.

He’s the type of accountant you can genuinely depend on. No matter what situation you’re dealing with, he takes the time to understand it, explains what needs to be done, and handles everything with a high level of professionalism.

Reliable, knowledgeable, responsive, and always willing to help. It’s hard to find someone you can trust to handle important financial and accounting matters, and I’ve had nothing but a great experience with T Ledger's Accounting.

**Beyond highly recommended. If you’re looking for an accountant you can rely on, this is the place to go.**
  
 
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   Ali Chaudhry 
 
 
 
 Trustindex verifies that the original source of the review is Google. I had a great experience working with Wajahat. He was very flexible, accommodating, and helpful with my schedule. He went out of his way to make the process smooth and stress-free. Highly recommend him to any business owner
  
 
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   hurmat shahid 
 
 
 
 Trustindex verifies that the original source of the review is Google. The client portal T-Ledgers uses makes the whole process much easier than dealing with emails and PDFs back and forth. Document sharing is simple, questions get answered quickly, and you can always see where things stand. It's a modern way of handling accounting and I appreciated that.
  
 
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   Asim Afzal 
 
 
 
 Trustindex verifies that the original source of the review is Google. T-Ledgers handled my GST filing and corporate T2 together, which saved me a lot of time coordinating between different people. They understood my business quickly and flagged some bookkeeping gaps I needed to address. Took a lot of stress off my plate and I'll be using them again.
  
 
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   Atif Mahmood 
 
 
 
 Trustindex verifies that the original source of the review is Google. T-Ledgers made filing my corporate taxes straightforward from start to finish. Wajahat was responsive throughout the process and clearly explained what documents I needed to provide and why. The turnaround was reasonable and everything was handled professionally. I'll definitely be coming back next year and would recommend them to any small business owner looking for a reliable accountant.
  
 
      Posted on Google  
   
   Moazzam Afzal 
 
 
 
 Trustindex verifies that the original source of the review is Google. I fully recommend Wajahat for one's tax filing needs. He will explain what he's doing and why, rather than just asking for documents and going silent, ensuring the customer is informed at every stage of the process. He is trustworthy and transparent when it comes to pricing and quality of the work for small business tax needs.
  
 
  
  
 
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CPA-led by Wajahat Ajmal, CPA, FCCA (verify on CPA Ontario)

Price matching, when agreed before you sign our proposal

No surprise bills: the price is fixed before we start

Books done by the 10th: monthly books closed by the 10th of the following month

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Home › Accountant in Toronto › Bookkeeping in Toronto

Quick answer: T-Ledgers keeps the books for Toronto businesses on fixed monthly plans: quarterly bookkeeping from $350 a month, or monthly bookkeeping from $500 a month with the books closed by the 10th of the following month. The service is CPA-led, GST/HST is filed from the reconciled books, and the plan includes basic QuickBooks Online and Dext. Prices are + HST/GST.

Last updated: October 15, 2026

Bookkeeping for Toronto businesses

This page is for owners in the City of Toronto. Our main bookkeeping services page covers how our bookkeeping works anywhere in Canada; here we focus on what changes when your business is in Toronto: City licences, the Municipal Land Transfer Tax, the Vacant Home Tax for owners of residential property, and the inspection and permit costs that come with operating in the city.

I’m Wajahat Ajmal, CPA, FCCA. Our office is at 102-89 Skyway Ave in Etobicoke, inside the City of Toronto, and we also have an office in Mississauga. Most Toronto clients work with us online and never need to visit, but you’re welcome to meet us in person.

Toronto rules we build into your books

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Local rule or situation	How we handle it in your books	Official source
City of Toronto business licences	Many trades and services, including renovators, need a City licence. The fee is recorded when paid and the renewal date is tracked.	Toronto licence and permit types
Municipal Land Transfer Tax	When your company buys Toronto property, Toronto MLTT and Ontario land transfer tax are both added to the property’s cost, not expensed.	City of Toronto MLTT
Vacant Home Tax	Every Toronto residential property owner has to declare each year. For landlords and holding companies we track the declaration and record any tax charged.	City of Toronto Vacant Home Tax
Toronto Public Health	Food businesses are inspected by Toronto Public Health. Inspection-driven equipment and repairs are recorded in the right category.	Toronto Public Health DineSafe

Law: City of Toronto Act, 2006 s.86(1) (business licensing) and s.267(1) (City taxes, including MLTT and Vacant Home Tax); Excise Tax Act s.169(1) (input tax credits).

How we work with Toronto clients

We reconcile every bank, credit card and payment processor account, post supplier bills through Dext, and file GST/HST from the reconciled books. Contractors get job costing and subcontractor payments ready for T5018 slips. Landlords and property holding companies get each property tracked separately. Consultants and agencies get clean revenue and expense reporting for the T2 and the owner’s pay decisions.

Behind by more than three months? We start with catch-up bookkeeping, from $1,800 per year + HST/GST, then move you onto a monthly plan. For the full Toronto picture, including corporate and personal tax, see our accountant in Toronto page.

What every plan includes

Reconciled books and GST/HST filing
T2 and T4/T5 slips, basic QuickBooks Online and Dext
Books done by the 10th on monthly plans

Full scope: our bookkeeping services page.

Law: Income Tax Act s.230(1), (4) (records and books, six-year retention); Excise Tax Act s.286(1) (GST/HST records); Excise Tax Act s.169(4) (ITC documentation).

Bookkeeping pricing in Toronto

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Plan	Price	Close
Growth	✓From $350/month	Quarterly
Scale	✓From $500/month	Monthly, by the 10th
Ultimate	✓From $700/month	Monthly, by the 10th

CAD, + HST/GST. Behind by more than three months? Start with catch-up bookkeeping. Details: plans and pricing.

Reviewed by Wajahat Ajmal, CPA, FCCA. Official sources checked October 2026.

Bookkeeping in Toronto: FAQs

Do I need to visit your office to work with you?

No. Most Toronto clients work with us online. If you prefer to meet, our office is at 102-89 Skyway Ave in Etobicoke, inside the City of Toronto, by appointment.

When are my monthly books done?

On our monthly plans, books are closed by the 10th of the following month.

How much does bookkeeping cost in Toronto?

Plans start from $350 a month (Growth, quarterly close), $500 (Scale, monthly) or $700 (Ultimate, monthly), + HST/GST. Each includes basic QuickBooks Online, Dext, GST/HST filing, the T2 and T4/T5 slips.

How is this different from your main bookkeeping page?

The service and prices are the same. This page covers the Toronto-specific items we build into your books, such as City licences, the Municipal Land Transfer Tax and the Vacant Home Tax.

Can you take over from my current bookkeeper?

Yes. We review the existing file first. If it needs fixing, the cleanup is quoted as catch-up work, from $1,800 per year + HST/GST, before the monthly plan starts.

More questions? See our bookkeeping FAQs or our general FAQ.

Ready to hand off your books?

Book a free 30-minute call and get a fixed monthly price, mostly within one business day. If you have a lower written quote for the same work, show it to us before you sign the proposal and we’ll match it.

Call (866) 254-5368 or email info@tledgers.ca. A 24/7 receptionist answers, so a real person picks up.

Disclaimer: The articles, calculators and other content on this website are general information only, not tax, accounting, legal or financial advice. Calculator results are estimates based on the rates and assumptions shown and may not match your situation. Tax rules change and depend on your province, business structure and the facts of your case, so speak with a CPA, and a lawyer where legal matters are involved, before acting. T-Ledgers accepts no liability for decisions made based on this information. Book a free consult with T-Ledgers.

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