Monthly Bookkeeping That Keeps Your Small Business Ready for Year End
Favaro Bookkeeping Co tracks your expenses, revenues, sales tax, invoices, and bills in QuickBooks Online, so your books stay clean and ready when it’s time to file.
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Favaro Bookkeeping Co is built for small business owners who:
Run a business in Vaughan and surrounding areas (local trades, consultants, freelancers, shops, and service businesses).
Don’t have an in‑house bookkeeper but want clean, accurate books every month.
Are tired of chasing receipts, invoices, and sales tax deadlines.
Want their QuickBooks Online file to be reliable and ready for their tax preparer at year‑end.
If you’re thinking, “My books are a bit of a mess,” this page is for you.
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Each month, Favaro Bookkeeping Co handles your bookkeeping in QuickBooks Online so you don’t have to.
What we track and maintain for you:
Expenses and revenues
Every month, your business income and spending are recorded and categorized so you can see what’s coming in and going out.
Bank and credit card activity
Your bank accounts and credit cards are imported, checked, and reconciled so your balances match reality.
Sales tax collected and owed
We track sales tax on your income and on applicable expenses, so you can see clearly what you’ve collected and what you owe.
Invoices and bills
We track invoices you send to customers and bills you need to pay, helping you avoid missed payments and forgotten receivables.
Simple monthly reports
You receive easy‑to‑read Profit & Loss and Balance Sheet reports, with key points explained in plain language.
Year‑end prep
We prepare a year‑end package with clean reports and key details so your tax preparer can file your returns efficiently.
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Choose the level of support that fits your business today.
Packages
Starter Package
We keep your day to day records tidy - expenses, revenues, bank and card activity, basic sales tax, monthly reconciliations, and reports.
Best for Small Businesses that just want clean books.
Starting at $250/month*
Organized + Tax
We add full tracking of invoices, bills, and structured sales tax, with a proper month end close and monthly review call.
Best for busy owners dealing with regular invoices, bills and sales tax filings.
Starting at $350/month*
Advisory Partner
We go Beyond bookkeeping with simple cash flow views, custom reports, quarterly planning calls and direct year end coordination.
Best for established businesses that want ongoing support and peace of mind.
Starting at $500/month*
*Prices may vary based on your business size, transaction volume, and account complexity. We customize every quote to ensure you only pay for what you need.
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Working with Favaro Bookkeeping Co is straightforward and designed to reduce stress.
Book a Free 20‑Minute Call
Click the “Book a Free 20‑Minute Call” button.
Choose a time that works for you and share a bit about your business and where your books feel messy or behind.
Review Your Current Books
We look at your QuickBooks Online file (or other records if you’re not on QBO yet).
Together, we identify what’s working, what’s missing, and what needs cleaning up.
Choose Your Package
We recommend Essential Books, Organized + Tax, or Advisory Partner based on your size, transaction volume, and how much help you want.
You get clear pricing and scope, so there are no surprises.
Onboard and Get Organized
You receive a short checklist of what access and documents we need.
Once onboarding is complete, Favaro Bookkeeping Co starts tracking your expenses, revenues, sales tax, invoices, and bills each month and sends your first set of reports.
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Owners in Vaughan and surrounding areas choose Favaro Bookkeeping Co because:
Local, small‑business focus
We focus on small businesses in Vaughan and area, not big corporate accounting departments.
QuickBooks Online expertise
Your books are maintained in QuickBooks Online, a widely used platform that makes sharing information with your tax preparer simple.
Plain‑language explanations
No heavy accounting jargon—just clear, simple explanations of what your numbers mean and what to watch each month.
Clean, tax‑ready books
Your books are kept year‑end ready, reducing last‑minute scrambling for you and your tax preparer.
Clear, fixed monthly packages
You know exactly what’s included and what it costs, instead of worrying about unpredictable hourly billing.
Responsive support
When you have questions about your numbers, you get timely answers so you can make confident decisions.
You don’t have to be “good with numbers.” You just need a bookkeeping partner that keeps your books clean and explains things in a way that makes sense.