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  • Unlock Financial Clarity to Drive Your Business Forward

    Your financials hold vital signs of your business’ health. At OTP Business Solutions we ensure your numbers are accurate, timely, informative and play a key role in strategic decision making.
    Book a Free Discovery Meeting Today

A CPA led team to help you navigate 
your company’s financial landscape.

Expertise

A team of experienced professionals with diverse backgrounds in finance and accounting working for you. 

Flexibility

With us you can scale your  financial management resources up or down according to your business’ needs.

Technology

We can use your existing bookkeeping software or help you migrate a solution that better suits your business model. 

Transparency

We leverage the latest cloud-based tools to give you real-time visibility of the workload and tasks we manage for you.

What our clients say: 

Our Services

Bookkeeping.

Recording, organizing, and reconciling your business’  financial transactions, ensuring accuracy and compliance with accounting standards. 

Accounts Receivable Management. 

Working with your customers to ensure the right invoices get to the right people and payments are made promptly and within stipulated terms. 

Financial Analysis.

Evaluating the company's performance by interpreting financial statements, ratios, and other metrics to assess profitability, liquidity, and overall financial health.

Accounts Payable Management.

Coordinating with your vendors and suppliers to verify invoices, process payments, and maintain accurate records to ensure timely and efficient settlement of liabilities.

Billing. 

Generating and distributing invoices to customers for products sold and/or services rendered by your business. 

Financial Planning. 

Developing comprehensive strategies to manage finances, allocate resources, achieve financial goals and optimize performance.

Inventory Control.

Ensuring efficient utilization of resources and minimizing costs as it relates to tracking inventory value, assessing inventory turnover rates, and optimizing inventory levels to maximize profitability and healthy flow.

Systems Migration.

Transferring financial data and processes from one software or system to another, which encompasses planning the transition, ensuring data integrity, and training staff to adapt to the new system seamlessly.

Technologies we use

Meet Our Team

Oleg

TEAM LEAD

Janna

ACCOUNTANT

Sasha

PROJECT MANAGER

Lena

ORACLE NETSUITE INTEGRATOR

Ash

ACCOUNTANT

Ilia

CUSTOMER SERVICE

Jacky

SYSTEMS ADMINISTRATOR

Anna

MARKETING MANAGER

Denys

PROJECT MANAGER

We offer customized packages based on your business' specific needs. You will only pay for the work you need done. Our packages start as low as 195 USD per month.

FAQs

What is bookkeeping, and why is it important for my business?

Bookkeeping is the process of systematically recording, organizing, and managing a company's financial transactions. It involves tasks such as tracking income and expenses, reconciling bank statements, and maintaining accurate financial records.

Bookkeeping is crucial for businesses for several reasons:

1.Financial Management: It provides businesses with a clear and up-to-date picture of their financial health, allowing them to monitor their cash flow, track expenses, and make informed decisions about budgeting and spending.

2.Compliance: Proper bookkeeping ensures compliance with tax laws, regulations, and financial reporting requirements. Accurate records make it easier to prepare financial statements and tax returns, reducing the risk of errors and penalties.

3.Decision Making: By maintaining accurate financial records, businesses can analyze their performance, identify trends, and forecast future financial needs. This information is essential for making strategic decisions, such as expanding operations, investing in new assets, or adjusting pricing strategies.

4.Financial Planning: Bookkeeping provides the foundation for financial planning and budgeting. It helps businesses set realistic financial goals, allocate resources effectively, and track progress towards achieving their objectives.

Overall, bookkeeping is essential for maintaining financial transparency, ensuring compliance, and enabling informed decision-making, ultimately contributing to the long-term success and sustainability of a business.


What services does your bookkeeping business offer?

Our core services include:


Bookkeeping. Recording, organizing, and reconciling your business’  financial transactions, ensuring accuracy and compliance with accounting standards. 

Billing. Generating and distributing invoices to customers for products sold and/or services rendered by your business. 

Accounts Receivable Management. Working with your customers to ensure the right invoices get to the right people and payments are made promptly and within stipulated terms. 

Accounts Payable Management. Coordinating with your vendors and suppliers to verify invoices, process payments, and maintain accurate records to ensure timely and efficient settlement of liabilities.

Financial Planning. Developing comprehensive strategies to manage finances, allocate resources, achieve financial goals and optimize performance.

Financial Analysis. Evaluating the company's performance by interpreting financial statements, ratios, and other metrics to assess profitability, liquidity, and overall financial health.

Inventory Control.  Ensuring efficient utilization of resources and minimizing costs as it relates to tracking inventory value, assessing inventory turnover rates, and optimizing inventory levels to maximize profitability and healthy flow.

System Migration. Transferring financial data and processes from one software or system to another, which encompasses planning the transition, ensuring data integrity, and training staff to adapt to the new system seamlessly.


Can you assist with tax preparation and filing?

We do not offer tax preparation and filing service. However, the financial records we maintain for you throughout the tax year are ready for tax professionals to file to Canadian CRA or US IRS.

Do you work with Canadian businesses?
Yes, we help both Canadian and US companies with managing financial side of the business.
What are your pricing options, and how do you charge for your services?
We offer customized packages based on your business specific needs. You will only pay for the work you need done. Our packages start as low as 195 USD per month.
How do I get started with your bookkeeping services?
We start by having a 45-minute discovery meeting where we do a deep dive into your business and its bookkeeping needs. Then, if we determine it’s a good fit for both of us, we’ll request certain information (after signing an NDA, of course) to determine the tasks that we’ll need to perform on daily, weekly, and monthly basis to ensure your records are accurate and up to date. At that point we’ll provide you a service quote, execute a service agreement and get tow work.
How does your bookkeeping process work?
You will be assigned an account manager who will be your sole point of contact for all things finance and accounting in your organization. After the initial deep dive into your business, we determine a list of tasks that need to be performed on a daily, weekly, and monthly basis to ensure your records are accurate and up to date. The tasks are set up in our state-of-the-art cloud based project management tool and assigned to respective team members. You have the ability to monitor the progress on completing the tasks and are kept in the loop of any issues that arise in the process.
We'd love to hear from you!

Please fill out the form and one of our team members will reach out to you.