5 Top-Performing Bookkeeping Services in Winnipeg
We extensively test and research all services we review. Here's why you can trust us.

5 Top-Performing Bookkeeping Services in Winnipeg

We all need to track our expenses and income, especially when you’re a small business owner or a company CEO. This is why many recommend getting bookkeeping services in Winnipeg as early as today.

Then again, most of us still don’t understand why we have to, and where to start. So let’s discuss the basics and how top-performing CPA or Certified Public Accountant firms can help you.

In this guide, let’s go over how good bookkeeping can ease our troubles in budgeting and filing tax returns. We will also go over what other beneficial services these firms can offer, and how much they may cost. 

That said, let’s start talking about bookkeeping services right away.

How Much Do Bookkeeping Services Cost in Winnipeg

This is where people just opt out. 

Because tracking income and expenses seems simple, people assume they can just DIY the process. While possible, this is not something we recommend.

One way to figure something out is to understand how a professional does it. With that, we urge you to invest in high quality bookkeeping services.

Part-time and freelance bookkeepers will naturally have a lower rate for their services. This is compared to hiring your own in-house professional or partnering with established and tenured bookkeeping firms.

Bookkeeping ServicesRates
Part-time and Freelance Bookkeeper$20-$50 per hour
In-house Bookkeeper$2000 - $3000 salary per month
Outsourced Bookkeeping firms$350 - $1500 per month

The Best Bookkeeping Services in Winnipeg

Based on the average rates, outsourcing the work from bookkeeping firms is not only the most economical. It is also the safest for your assets.

In Winnipeg, there are established firms that offer bookkeeping services to businesses of all kinds. We can narrow down our search with the help of a criteria to assess the firms we have chosen.

These points are as follows:

Professionalism
A good work ethic is paramount when it comes to this kind of profession. This also covers trustworthiness, punctuality, and mutual respect. 
Certification or Qualification
Not only should your bookkeepers be licensed, but they should also have up-to-date knowledge about the industry. It is also a plus if they have certifications or engage in continuous learning programs.
Expeditious Service
As much as we need our bookkeepers to doubly be sure of their numbers, we also want them to get the job done as soon as possible. Or at least, before tax return filing is due.
Modern and Efficient
The use of modern technology, new accounting softwares and online databases shows that your chosen firm aims toward efficiency. While traditional bookkeeping is tried and tested, it comes with risks we need to avoid.
Customer Satisfaction
At the end of the day, the best bookkeeping firms are ones whose clients stick around. People are usually deeply grateful to companies that handle their money well, so we might want to look in reviews for what they have to say.

1: K Liu Accounting Services Inc. – Mobile & Virtual Tax Accounting Bookkeeping

K Liu Accounting Services Inc. - Mobile & Virtual Tax Accounting Bookkeeping
SERVICES Accounting Services, CRA Review, and Auditing, done as Virtual or Remote; Mobile on-site or In-home Services; via In-Person Office Appointments
WEBSITEhttps://www.kliuaccounting.com/
ADDRESS96 Arpin Bay, Winnipeg, Manitoba R3X 2C5, Canada
CONTACT DETAILSPhone: +1 204-202-3786
OPERATING HOURSTuesdays to Saturdays: 10:00AM - 9:00PM

Sundays and Mondays: CLOSED

Criteria★★★★☆ (4.7/5)
Professionalism★★★★★ (5/5)
Certification or Qualification★★★★☆ (4.5/5)
Expeditious Service★★★★☆ (4/5)
Modern and Efficient★★★★☆ (5/5)
Customer Satisfaction★★★★★ (5/5)

K Liu Accounting Services Inc. aims to make accounting and bookkeeping simple and accessible to all. This is why they are widely known for their virtual, remote and mobile services.

They are also established when it comes to tax services for business, corporations and trust. Their services also cover solutions, including advisory and support, analysis and reporting, and even software migration.

As an established firm, they may not be the best option if you’re a small business owner, or on a tight budget. Their services, however, promise the top value for your hard-earned money, definitely making them a good choice if you have the budget to invest.

What we appreciate about KLiu is they provide a complete list of their services on their website – not just blanket terms. This allows all people, even those who are not well-versed in the terminology, to explore their options and ask about them.

Another good thing about the company is that they indicate services that may entail an additional cost. These notes keep their current and prospective clients aware and conscious of the pricing mechanics.

In addition to all this, they have 15 years of experience in using Quickbooks, and they have adapted LEAN principles. This way, they can ensure clients of their time-saving programs and streamlined solutions.

Pros

  • Complete service list on website
  • Transparent about rates and possible additional costs
  • Offer essential resources for anyone with questions
  • Accommodating to calls and responsive to feedback
  • Certified as Elite Level Pro-advisors in Quickbooks
  • Tech savvy and experienced in new software
  • Predominantly positive reviews

Cons

  • Only accommodates by appointment
  • Services may be too expensive for small business owners
  • Closed on Sundays and Mondays

Customer Reviews

Efficient work! Made everything easier for us.

They are fantastic and easy to work with.   Very detailed oriented and professional to deal with.  Very helpful in correcting mistakes I have made to make things easier in the future.  Very trustworthy.  Tax season is easy with them in your corner!  Thanks again!!

— Shane Dowling, Google Reviews

One of the best transactions! Great value for your money

This is my second year using K Lie Accounting Services Inc and I have had such an awesome experience with them.

I’m met with passion, kindness and professionalism each time we speak. I get extremely fast responses and they help answer any questions I have. If you’re looking for someone to handle your taxes, you’ve come to the right place!

— Ibrahim Zaid, Google Reviews


2: BCP Business Services

BCP Business Services
SERVICES Bookkeeping Services, Advisory Services, and Non-profit Finance
WEBSITE https://www.bcpmanitoba.com/
ADDRESS595 Clifton St #1, Winnipeg, Manitoba R3G 2X5, Canada
CONTACT DETAILSPhone: +1 204-963-8594
OPERATING HOURSWeekdays: 9:00AM - 5:00PM

Weekends: CLOSED

Criteria★★★★☆ (4.6/5)
Professionalism★★★★★ (5/5)
Certification or Qualification★★★★☆ (4.5/5)
Expeditious Service★★★★★ (5/5)
Modern and Efficient★★★★☆ (4/5)
Customer Satisfaction★★★★☆ (4.5/5)

A real hit with business people, BCP offers one of the most efficient bookkeeping services in Winnipeg. Their expertise focuses mainly on professional bookkeeping, financial management and non-profits, while empowering people to run their business the way they want.

The company assigns a dedicated team to keep your financial goals aligned and your books secured. They accompany their services with support, advice and consultations to keep clients well-informed.

When it comes to their bookkeeping services, they also cover remittances, payroll, inventory tracking and reconciliations. This allows their clients to run their business better without having to worry about these pesky details ang arrangements.

In line with this, they are keen on transparency and expediency. They believe it is essential for clients to receive results that are honest and fast, in order to make better business decisions.

Their clients also appreciated the change of their terms and protocol in response to the Covid-19 pandemic. This shows that they are not all about business, and they do care for their people.

In addition to all of this, they are also awarded by the Winnipeg Chamber of Commerce as Certified Professional Bookkeepers. They are also active members of the organization while taking part in continuous learning and development programs.

Pros

  • Accommodating and communicative with clients
  • Good turnaround for a reasonable cost
  • Transparent practices and expedient solutions
  • Certified, licensed and active in CPD programs
  • Supports non-profit initiatives
  • Plenty of positive reviews

Cons

  • Closed on weekends
  • Service list is not diverse

Customer Reviews

The best firm we’ve worked with.

I am so pleased with this company and the amazing women who truly deliver!

Some of what I love about this company:

-Every person I have spoken to within this business has been not only nice and kind and easy to talk to, but have also just really made me feel like they’re happy to talk to me and are eager to help because they really just love what they do and know what they’re doing.

-Whoever I’ve worked with on my books have been very professional, and communicate clearly, consistently.

-Anything I have questions about they have been quite quick to answer and give me guidance as best they can, or help find a solution quickly.

-They are very understanding and respectful of the decisions I make as a small business owner.

—Bevvy Teyems, Google Reviews

A huge relief for a business owner

BCP provides outstanding service and I trust them implicitly with my business finances. With their help, I’ve gone from tucking receipts away and dreading tax time to a smooth, easy process. The people there are responsive and responsible.

— Kelly Thibodeau, Google Reviews


3: Ray-Lo Bookkeeping Services

Ray-Lo Bookkeeping Services
SERVICES Personalized and Computerized Bookkeeping Services, Professional Payroll Services, In-house Consultations and Bank or Credit Card Reconciliations
WEBSITEhttps://www.raylobookkeeping.ca/
ADDRESS68 Valley View Dr, Winnipeg, MB R2Y 0R6, Canada
CONTACT DETAILSPhone: +1 204-688-2430
OPERATING HOURSWeekdays: 8:00AM - 4:30PM

Weekends: CLOSED

Criteria★★★★☆ (4.6/5)
Professionalism★★★★★ (5/5)
Certification or Qualification★★★★☆ (4/5)
Expeditious Service★★★★☆ (4.5/5)
Modern and Efficient★★★★☆ (4.5/5)
Customer Satisfaction★★★★★ (5/5)

When we think of affordability, integrity and accountability, then Raylo Bookkeeping comes into the minds of the financially-savvy. This is because they focus on making their services simple and accessible to all, even to the common folk.

If you claim to not know a thing about financial statements, this company offers you the advice and direction you need. They even keep their prices competitive and reasonable to accommodate a diverse market.

With 23 years of experience and a consistently positive rapport with their clientele, they have managed to expand their network. Now, they are the go-to of companies from various industries, including food and beverage, construction, retail, and real estate.

However, it must be known that the services they offer are limited to accounts management, bookkeeping and payroll services. Even with a small scope, they can attend to the varying needs of different industries and individuals.

They even accommodate small concerns, like when clients are behind in government payments, have failed to reconcile their accounts, or have no idea about filing taxes. Their in-house consultations are substantial and offered for free.

Moreover, they keep their people accountable with a system that ensures results. This is also their way of ensuring their clients that they can send in the deliverables on time.

Pros

  • Offers introductory rates
  • Services accommodate needs of a wide network of clientele, from individuals to large corporations
  • Affordable and competitive pricing
  • Professional and accountable on results and turnaround
  • Presents complete service details on their website
  • Good rapport and working relationship with past and current clients
  • Plenty of partnerships with established businesses

Cons

  • Closed during weekends
  • Limited services

Customer Reviews

Fantastic experience!

Excellent book-keeping services. Don’t hesitate to call them, even for a consultation so they can tell you what you need. They helped us when we were a startup, broke, with three customers, and they are still helping us now with over 1500 customers

— Dane Davis, Google Reviews

Recommending Ray-Lo! We’re not going back

Before Ray Lo book-keeping services, I used the various firms to look over the books for a couple corporations, which were over-priced and inconsistent due to “staff” rearrangement and changes. This would lead to multiple errors, and wasted billable hours for “re-training” the new individual that took over. Ray Lo Book-keeping Services is great because you deal with someone consistent and adaptable. They communicate with the accountant and they are easily accessible, providing top notch service. My expectations are met and exceeded on a monthly basis. I’m glad to have found trustworthy and dependable book-keeping services.

— Ryan Chan, Google Reviews


4: TR Bookkeeping Service

TR Bookkeeping Service
SERVICES Computerized Bookkeeping, Cloud Bookkeeping, Customized Services, and Income Tax Services
WEBSITEhttps://trbookkeepingservice.ca/
ADDRESS57 Keenleyside St, Winnipeg, Manitoba R2L 1Y9, Canada
CONTACT DETAILSPhone: +1 204-333-6757
OPERATING HOURSEveryday: Available 24 hrs
Criteria★★★★☆ (4.5./5)
Professionalism★★★★★ (5/5)
Certification or Qualification★★★★☆ (4/5)
Expeditious Service★★★★☆ (4.5/5)
Modern and Efficient★★★★☆ (4/5)
Customer Satisfaction★★★★★ (5/5)

TR Bookkeeping Service may not be as established and prominent as the other options in this list. Still, what it lacks in a good number of online feedback is a steady reputation as a reliable firm in the industry.

Focusing mainly on bookkeeping and tax filing, whether simplified or customized, this firm is rather straightforward with what they offer. That said, their services are quite limited, and are mainly suited for families and small businesses.

What we love about them is they offer to set-up their clients’ systems. This initiative allows people to explore and understand the process themselves, and help them become more independent with their financial statements. 

Moreover, they offer basic training on Quickbooks and other beneficial bookkeeping software so they can track their accounts on their own. Because of this brand of transparency, they had built themselves a name akin to respect and trustworthiness.

That said, their experience and experience help clients keep up with payments and transactions, thus improving their profit margins. They are also keen on handling reconciliations, managing payroll, and filing tax returns.

Another thing we appreciate about their firm is that they consider their network and clientele as a community. With that, if given the opportunity, they will refer your business to potential customers and buyers.

Pros

  • Offers free consultations
  • Transparent processes and software use
  • Provides training to clients on setting up their systems, spreadsheet work and learning apps like Quickbooks
  • Good professional relationship with past and current clients

Cons

  • Not as responsive to their clients
  • Technically closed during weekends, unless clients have a confirmed appointment
  • Limited scope of services

Customer Reviews

Great Team led by Tammy

Tammy is extremely reliable and gets the job done perfectly. Great initiative and fantastic problem solver. She always takes the time to check up on me and I would recommend her services in a heartbeat!

— Alanna Lam, Google Reviews

Amazing work!

Very reliable and trustworthy!

— Randy Radies, Google Reviews


5: Bookkeeping Fusion

Bookkeeping Fusion
SERVICES Business Bookkeeping Services, Management Accounting, Holistic Financial Approach, Custom Reporting Solutions, Financial Management, Budgets and Variance, Job Cost and Projections.
WEBSITEhttps://bookkeepingfusion.ca/
ADDRESS9-59 Scurfield Boulevard Winnipeg, Manitoba R3Y 1V2, Canada
CONTACT DETAILSPhone: +1 204-920-6050

Email: [email protected]

OPERATING HOURSWeekdays: 8:30AM - 4:30PM

Weekends: CLOSED

Criteria★★★★☆ (4.4/5)
Professionalism★★★★★ (5/5)
Certification or Qualification★★★★☆ (4/5)
Expeditious Service★★★★☆ (4/5)
Modern and Efficient★★★★☆ (4/5)
Customer Satisfaction★★★★★ (5/5)

Timeliness and consistency is the best that Bookkeeping Fusion promises, alongside their quality services. That means, if you’re looking for bookkeepers that can accommodate rushed work, then they can get the job done.

While this doesn’t mean that you can just be irresponsible and file your taxes at the last minute, what this company does is help educate you on how to set your financial priorities. They offer their services mainly to small businesses, whose owners generally don’t invest in these kind of services.

The best thing about their approach is that they approach challenges with varied solutions. That includes checking the efficiency of your systems, accuracy of your existing books, and effectiveness of your financial strategy.

Bookkeeping Fusion is a relatively smaller company. Still, it can accommodate the various requirements of different corporations.

They have established partnerships with companies known in the franchising, retail, fitness, auto repair, and construction industries. They utilize custom reporting solutions in these cases, while giving clients a reasonable price for the service.

The last but not the last thing we appreciate about the information they share is that they make the process easier for new clients. With that, they display a step by step process that serves as a guide.

So, if you’re a business owner and would like to finally invest in bookkeeping services in Winnipeg, then this may be a good choice to consider.

Pros

  • Services come in packages with up-front and flat-rate pricing
  • Customized services according to the industry or requirement
  • Presents a step by step process for new clients to follow
  • Accommodating and helpful to customers
  • Expedited processes and fast turnaround
  • Affordable pricing

Cons

  • Focuses mainly on small businesses
  • Small company
  • Closed during weekends

Customer Reviews

Bookkeeping simplified! Thanks Colin!

Colin has been incredibly helpful  in setting up a system for us so i can do a better job with our businesses, i had been struggling with all of the paperwork, (i do not enjoy paperwork) but he’s made it easier, and faster for me,He set up a google  sheet for me, he’s made it so it’s shared between he and i, i can enter some of the stuff daily/monthly numbers, and then he takes it from there. We have a bit of a complicated business, 3 in 1..he’s been able to figure our mess out, cleaned it up, and gave us a very detailed profit and loss sheet, he sat on the phone with me and explained it in even more detail. It’s been awesome to have him work for us. I would recommend him  any time.

— Trudy Friesen, Google Reviews

Made things so much easier for us

In our growing company, we were struggling to keep track of petty cash internal controls.  I reached out to Fusion to get help and I’m so glad I did.  Colin helped us develop a simple effective system that was easy to maintain.  We have successfully minimized any potential for fraud and ensured our bookkeeping and accounting are recorded accurately.

— Esther Schultz, Google Reviews

FAQs about Bookkeeping Services in Winnipeg


That said, maintaining the stability of your business can be quite the task. It becomes more of a challenge when you realize that your financial assets are perpetually at risk.

So aside from securing your statements with professional bookkeeping services, you can also invest in other measures to keep your business afloat. This is where getting insurance comes in.

If you don’t know where to start, feel free to check out this guide on the best providers of business insurance in Winnipeg