Stay on top of your records, understand what the numbers mean, and make your next business move with confidence.
The core work
We build from accurate day-to-day records. Then we turn those records into reports, decisions and tax-ready information.
Ongoing monthly bookkeeping, reconciliations, catch-up work and a clearer month-end routine.
Reports that explain what changed, where cash is going and what needs your attention.
Financial thinking for business plans, lender packages, operating decisions and new opportunities.
Organized information and practical support for common business tax responsibilities.
A simple, professional business website for new and small businesses that need a clear online presence without a complex build.
Management accounting for businesses: budgets, forecasts, monthly reporting packs, and decision support. Business-only work, quoted on actual scope.
Accounting and payroll on one cloud platform, built together as a Nexo Books service. Web-based, with nothing to install. In development, not yet available. Pricing to be confirmed.
What you get each month
The exact package depends on your business, systems and reporting needs.
Get a quoteChoose the right level of support
The right option depends on your time, complexity and how much financial guidance your business needs.
Best when transactions are simple and you have the time and knowledge to maintain the records.
Useful when you need regular transaction processing and routine reconciliations.
Built for owners who want dependable books and stronger financial context.
We will start with what is in front of you and define a practical next step.
Services built around accurate records
Start with the work you need today. Add reporting, advisory and tax support when it makes sense.
Consistent, organized records for owners who want to know where the business stands.
For books that are behind, unreconciled or hard to trust. We assess the starting point before confirming scope and timing.
A cleaner workflow for documents, transactions and month-end. Software is recommended only after fit is reviewed.
Management information that turns the month-end close into a decision tool.
Structured financial support when you need to explain an opportunity, compare options or plan the next move.
Practical support for common business and owner tax needs, confirmed through an engagement scope.
A practical finance and record-keeping foundation for a new sole proprietorship or corporation.
A simple, professional website for new and small businesses that need a clear online presence without a complex build.
Management accounting for businesses: budgets, forecasts, monthly reporting packs, and decision support. Business-only work, quoted on actual scope.
Accounting and payroll on one cloud platform, built together as a Nexo Books service. Web-based, with nothing to install. In development, not yet available. Pricing to be confirmed.
Support for your situation
See the work, pricing factors, exclusions and common questions for your situation.
T1 support for individuals, including employment, RRSP/FHSA, rental and capital gains.
Starting at $219 →Monthly books, HST, T1 + T2125, instalments and owner records.
Starting at $239/mo →Bookkeeping, payroll, HST, T2, year-end and owner-pay coordination.
Starting at $459/mo →A practical setup, first-year checklist and reliable record routine.
See the starter scope →Remittances, pay slips, year-end slips, filings and deadlines.
See compliance pricing →Year-end close, T2 package, slips and CRA correspondence support.
See compliance pricing →Compliance services
We support the records, schedules and filings behind common business obligations. The exact work, deadlines and responsibilities are confirmed in your engagement letter.
Support for setting up and maintaining the records behind your HST/GST obligations, based on the filing scope agreed with you.
Limitations: No audit, review or assurance. Nexo Group Inc., operating at nexobooks.ca, does not hold a Public Accounting Licence (LPA). A CSRS 4200 compilation is no assurance only. This is not legal advice or legal representation; we coordinate with your lawyer for legal work. Site information is general, and your engagement letter governs. We do not use financial planner or financial advisor titles and do not offer certified copies or notary services.
Support for keeping payroll records, remittances and year-end reporting organized around your payroll cycle.
Limitations: No audit, review or assurance. Nexo Group Inc., operating at nexobooks.ca, does not hold a Public Accounting Licence (LPA). A CSRS 4200 compilation is no assurance only. This is not legal advice or legal representation; we coordinate with your lawyer for legal work. Site information is general, and your engagement letter governs. We do not use financial planner or financial advisor titles and do not offer certified copies or notary services.
Accounting-side coordination to help an Ontario corporation keep recurring records and filing tasks visible.
Limitations: No audit, review or assurance. Nexo Group Inc., operating at nexobooks.ca, does not hold a Public Accounting Licence (LPA). A CSRS 4200 compilation is no assurance only. This is not legal advice or legal representation; we coordinate with your lawyer for legal work. Site information is general, and your engagement letter governs. We do not use financial planner or financial advisor titles and do not offer certified copies or notary services.
Year-end close support that brings the bookkeeping, tax accounts and working schedules together for the next required step.
Limitations: No audit, review or assurance. Nexo Group Inc., operating at nexobooks.ca, does not hold a Public Accounting Licence (LPA). A CSRS 4200 compilation is no assurance only. This is not legal advice or legal representation; we coordinate with your lawyer for legal work. Site information is general, and your engagement letter governs. We do not use financial planner or financial advisor titles and do not offer certified copies or notary services.
Structured help to understand an information request, gather the records and prepare a clear response within the agreed scope.
Limitations: No audit, review or assurance. Nexo Group Inc., operating at nexobooks.ca, does not hold a Public Accounting Licence (LPA). A CSRS 4200 compilation is no assurance only. This is not legal advice or legal representation; we coordinate with your lawyer for legal work. Site information is general, and your engagement letter governs. We do not use financial planner or financial advisor titles and do not offer certified copies or notary services.
Monthly reporting sample
This is a sample outline, not a promise that every item is included. Your engagement letter confirms the final package.
Other CPA services
Payroll workflow, remittance tracking, taxable benefit organization and year-end slip preparation support.
Invoice workflow, aging reviews, collections information and payment-control routines.
Record design, costing routines and management reporting for product or project-based businesses.
More structured reporting, close oversight, financial controls and owner or management meetings.
Budgets, forecasts, monthly reporting packs, KPI dashboards, and healthcare revenue analytics. Business-only, quoted on actual scope. See the full FP&A offering.
Accounting suite and payroll system on one cloud platform, built together. In development, not yet available. Pricing to be confirmed. See the full software offering.
Forecasts, management information and supporting schedules prepared for a defined purpose.
Budget development, cost tracking and financial schedules. Eligibility and outcomes are never guaranteed.
Financial analysis and document organization within an agreed scope, alongside legal and other specialists as needed.
Practical consulting support focused on approvals, access, reconciliations and segregation of duties. This is not an assurance engagement.
Compilation of financial statements under CSRS 4200. Provides no assurance, no audit opinion and no review conclusion. Separately scoped in your engagement letter. Contact us for a quote.
A practical finance partner
The goal is not a bigger stack of reports. It is dependable information, clear follow-up and advice that connects to what you are deciding.
Reporting and tax work are only as useful as the records underneath them. We start there.
Transactions are viewed as part of the wider financial picture, not as isolated data entry.
You get clear questions, practical next steps and direct explanations.
We review your records, systems and needs before confirming fees and deliverables.
Your reporting package should reflect the decisions, timing and measures that matter to you.
Based in Milton. Serving businesses across the GTA and Ontario through secure remote workflows.
Confidentiality and security
The tools and access method are agreed during onboarding. We aim to collect only what is needed for the work.
Tell us where things stand. We will help define the next step.
About Nexo Books
Bookkeeping and tax services at nexobooks.ca, a business line of Nexo Group Inc., focused on bookkeeping, reporting, business support and tax work for small businesses.
Faisal, CPA, MBA
Faisal brings a professional accounting designation and business education to the everyday financial needs of business owners.
The approach is simple. First, understand the business and the records. Then build a reliable routine. From there, add reporting, planning or tax support where it creates value.
What guides the work
Fast work is not useful if the records cannot be relied on.
A short, useful report is better than a long report no one uses.
The engagement should match your systems, complexity and goals.
Questions and recommendations should be easy to understand and act on.
Start with a free consultation.
How it works
We define the scope before work begins and keep open questions visible throughout the engagement.
We discuss your business, current records, deadlines, systems and what is not working.
We look at the starting point and identify access, clean-up and information needs.
You receive a quote and engagement terms that define deliverables, responsibilities and timing.
We set up the document flow, access and monthly checklist, then begin the agreed work.
Your first call
Do not wait until everything is organized. A simple overview is enough to start.
Tell us what is current, what is behind and what is urgent.
Clear starting prices
These starting prices give you a practical reference point. We review the work, confirm the scope and provide a fixed quote before we start.
Monthly bookkeeping
Monthly services are billed in advance. The right level depends on your transaction volume, accounts, systems, complexity and reporting needs.
Other services
The final scope and fee are confirmed in writing before work begins.
Compilation of financial statements, no assurance. Separately scoped.
Custom quote based on pages and content.
Quoted on actual scope. Business-only management accounting, no assurance.
Pricing to be confirmed. In development, not yet available.
Compliance pricing
We confirm the final scope and fixed fee in your engagement letter before work begins.
| Service | Starting price and scope |
|---|---|
| HST/GST compliance / filing | Starting at $79 per filing — one HST account, clean reconciled records. Complex or quarterly filings: $119–$199 per filing. Or included in monthly plan. |
| Payroll compliance | Starting at $79/mo for 1–5 employees (monthly pay, including remittances and pay slips; software extra); $119–$279/mo for 6–15 employees / bi-weekly; T4/T5 slips $19 each or included in plan. Custom above 15 employees / multi-province. |
| Corporate compliance support | Starting at $239/year — Ontario annual return + AGM resolutions + minute-book update for a simple corporation, plus approximately $12 government filing fee. Catch-up years, director/officer changes, new minute book: custom quote. Administrative/filing support only; legal matters referred out. |
| Year-end compliance | Starting at $719–$1,199 — year-end books + T2 package + T4/T5 slips for a simple active corporation with clean monthly records. $1,199–$1,999 for higher volume, catch-up or multiple slips. Nil/inactive: $239–$399. No audit/review/assurance. |
| CRA correspondence support | Starting at $119/hr or $119–$239 per straightforward letter. Reviews, objections, voluntary disclosures, audit support: custom quote after reviewing the letter. No guaranteed CRA outcome. |
Clear billing
How payment works. We agree your fee in writing before work begins. Choose one of these timing options in your engagement letter: (1) Monthly plan — billed in advance on the 1st of each month for that month’s defined scope. (2) Per-filing / per-project fixed fee — 50% deposit to begin, balance due when the agreed deliverable is provided. (3) Milestone billing for larger projects — invoiced when each agreed milestone deliverable is provided. Fees are fixed in the engagement letter and are payable for the work and deliverables described there. Government filing fees and software subscriptions are extra, plus HST. Your engagement letter states which option applies to you. If there is any difference, the engagement letter controls.
A clear working relationship
We aim to earn a long-term working relationship by being clear about scope, fees, and deadlines — and by doing the work as agreed. You will have a consistent point of contact who knows your file. If a deliverable does not match the agreed scope, tell us within 14 days and we will correct it. If you have questions about a fee, ask before work begins; we will confirm it in writing.
We work as your independent service provider, not as your legal partner. That means we prepare and file what we agree in your engagement letter, you remain responsible for your records and decisions, and CRA and other authorities make their own decisions. Our role is to keep your filings accurate, on time, and clearly explained.
Our priority is delivering the scope agreed in your engagement letter, on the agreed schedule. If something changes — more transactions, more employees, a CRA letter, a late filing — we will tell you before the fee changes and confirm the revised fee in writing.
What affects the quote
A short consultation helps us understand the scope before pricing it.
For individuals
T1 support for employment income, RRSP and FHSA activity, rental income, capital gains, instalments and CRA letters.
Who it is for
Personal tax FAQ
No. The Starting at price is $219. Rental income, capital gains, self-employment, extra schedules, missing records or CRA correspondence can change the scope and fee.
Yes. We can include the relevant slips, contributions and deductions in the agreed T1 scope based on the records you provide.
Yes, after we review the letter, deadline and records. CRA correspondence is quoted separately when it is outside the return scope. No CRA outcome is guaranteed.
We provide a fixed quote after reviewing the work. The engagement letter confirms the fee, deliverables, responsibilities and timing before work begins.
Bookkeeping + tax
Monthly books, HST, home-office and vehicle records, owner draws, T1 + T2125, instalments and CRA correspondence.
Who it is for
Sole proprietor FAQ
Not automatically. The Starting at price is $239 per month for monthly bookkeeping and $219 for the T1. Your written quote states what is included.
Yes. We can set a record routine and use the information you provide in the agreed bookkeeping and tax scope.
Yes, when HST preparation and filing are included in the engagement. Filing frequency, transaction volume and record quality affect the fee.
We assess the backlog first. Catch-up work is quoted separately before it begins, then we can move into a monthly routine.
Bookkeeping + tax for owners
Monthly books, payroll, HST, T2, year-end compliance, owner-pay discussion and minute-book coordination for small corporations.
Who it is for
Small corporation FAQ
Not automatically. The Starting at price is $459 per month for monthly bookkeeping and $1,159 for a basic T2. Your engagement letter states the included work.
We can review the accounting and tax factors within an agreed engagement and coordinate the records. Your facts must be reviewed before advice is provided.
We provide administrative coordination and the simple annual support described in the engagement. Legal questions, changes or documents are referred to a lawyer.
Yes. We offer CSRS 4200 compilation of financial statements. It provides no assurance and is separately scoped in your engagement letter.
For entrepreneurs
Starter setup, business-number guidance, GST/HST and payroll readiness, a first-year checklist and a practical cash routine.
Who it is for
New business FAQ
We can provide accounting-side guidance and administrative support within the agreed scope. Incorporation and legal questions belong with a lawyer.
That depends on your facts, activities and obligations. We review your situation before providing specific guidance.
We recommend a workflow only after reviewing the business, transaction flow, users and reporting needs. Software subscriptions are extra.
We can quote an ongoing monthly plan based on the actual volume, accounts and support you need.
For new and small businesses
Create a simple online presence that explains what your business does and gives customers a clear way to contact you.
New Website Creation
How it works
The exact pages, content responsibilities, deliverables and timing are set out in the quote and engagement letter.
We agree the audience, pages, contact options, content and launch needs.
You provide or approve the business information. We build the agreed mobile-friendly pages.
You check the pages and confirm that the business information is accurate.
We work through the launch checklist and show you how to update content.
Tell us what the site needs to explain and which pages you have in mind.
Compliance for employers and registrants
Support for pay frequency, remittances, pay slips, T4/T5 slips, HST/GST filings and recurring deadlines.
Who it is for
| Service | Starting price and scope |
|---|---|
| HST/GST compliance / filing | Starting at $79 per filing — one HST account, clean reconciled records. Complex or quarterly filings: $119–$199 per filing. Or included in monthly plan. |
| Payroll compliance | Starting at $79/mo for 1–5 employees (monthly pay, including remittances and pay slips; software extra); $119–$279/mo for 6–15 employees / bi-weekly; T4/T5 slips $19 each or included in plan. Custom above 15 employees / multi-province. |
Payroll + HST/GST FAQ
No. Software subscriptions are extra. We confirm the workflow, software and fee in writing before work begins.
They may be included in a plan. Otherwise, additional slips are $19 each. Your quote states what applies.
Yes, subject to a records and scope review. That work receives a custom quote.
We first review the period, records and CRA account. Late and amended work is separately scoped, and no CRA outcome is guaranteed.
Year-end and correspondence
Year-end close, T2 package, slips, CRA review letters, objections and correspondence support, with no guaranteed CRA outcome.
Who it is for
| Service | Starting price and scope |
|---|---|
| Year-end compliance | Starting at $719–$1,199 — year-end books + T2 package + T4/T5 slips for a simple active corporation with clean monthly records. $1,199–$1,999 for higher volume, catch-up or multiple slips. Nil/inactive: $239–$399. No audit/review/assurance. |
| CRA correspondence support | Starting at $119/hr or $119–$239 per straightforward letter. Reviews, objections, voluntary disclosures, audit support: custom quote after reviewing the letter. No guaranteed CRA outcome. |
Year-end + CRA FAQ
It assumes a simple active corporation with clean monthly records. Higher volume, catch-up work, multiple slips or added schedules can increase the fee.
Yes. The Starting at range is $239–$399 after we confirm the corporation’s activity, records and filing needs.
No. CRA and other authorities make their own decisions. We prepare the agreed work carefully, but no outcome is guaranteed.
They may be accepted after reviewing the letter, facts, records, stage and deadline. We provide a custom quote and refer legal matters out.
Small business in Ontario
Small businesses can face bookkeeping, GST/HST, payroll, income tax, corporate records and financing requests at the same time.
The finance routine
Not every item applies to every business. The right setup depends on your legal structure, activities, accounts and filing obligations.
Keep source documents, invoices, receipts, statements and reconciliations organized so the numbers can be supported.
Track taxable sales, collected GST/HST and eligible input tax credits where registration and filing apply.
Maintain payroll records, remittance information and year-end slip support when you have employees.
Keep the books ready for personal or corporate filings and review upcoming instalment or balance dates.
Separate profit from cash movement. Plan for tax, payroll, suppliers, debt and owner withdrawals.
Use monthly reporting to watch margins, costs, receivables and other measures that fit your business.
Helpful official resources
Rules and filing requirements can change. These official resources provide current account and professional information.
We can start with the records and work outward.
Frequently asked questions
No. Bookkeeping is the foundation, but reporting, analytics, business planning, proposal support and tax services can be added through an agreed scope.
Yes. Catch-up and clean-up work starts with an assessment. We then define the period, missing information, reconciliations and handover into an ongoing routine.
Yes. Nexo Group Inc., operating at nexobooks.ca, is based in Milton and can support clients across the GTA and Ontario through agreed remote workflows.
The software is selected after the business, current file and workflow are reviewed. We do not claim that one platform fits every business.
Monthly bookkeeping may be quoted as a recurring fee, but only after volume, complexity, accounts, current records and reporting needs are reviewed.
No. The bookkeeping and tax services at nexobooks.ca do not include audits, review engagements or other assurance services.
CRA correspondence, information requests and account support may be included after authorization and scope are confirmed. Outcomes are not guaranteed.
We discuss your business, current bookkeeping, systems, deadlines and goals. If there is a fit, the next step is a records review and written quote.
You do not need to send sensitive documents for the initial conversation. A simple overview of the business, current software, backlog and key deadlines is enough.
The standard scope includes a planning call, a mobile-friendly design, typically Home, Services, About and Contact plus up to 3 additional pages by scope, contact options, basic SEO setup, domain and launch guidance, a launch checklist and short content-update training. It does not include e-commerce checkout, custom web apps, logo design unless separately agreed, ongoing content writing, hosting or domain fees, or ongoing maintenance unless separately agreed.
Basic SEO setup, including page titles and descriptions, is included. We do not guarantee Google rankings, traffic, leads or sales.
Your file is managed by Faisal, CPA, MBA — your single point of contact. Some work may be performed with support from qualified contractors under Faisal’s supervision and review. Nexo Group Inc. remains responsible for the work we deliver. We do not share your information except as needed to provide your services, as described in our Privacy Policy and your engagement letter.
Financial Planning and Analysis (FP&A) support for businesses
For owner-managed businesses and healthcare organizations. Business-only management accounting: budgets, forecasts, monthly reporting, and decision support. Not personal financial planning.
The problem this solves
Profit on paper does not mean cash in the bank when payroll and suppliers fall due.
Without margin by job or client, and without a costed hiring plan, big calls rest on instinct.
A long pack with no narrative and no decisions sought gets filed, not used.
The monthly rhythm
Every month follows the same rhythm, so decisions rest on where the business is heading, not where it planned to be.
We discuss your business, current records, deadlines, systems, and what is not working.
We review the starting point, define the pack and forecast scope, and confirm the quote in writing.
You receive the first monthly pack, the rolling forecast, and the KPI dashboard, with definitions for every metric.
Close, report, explain variances, re-forecast, and bring a short list of decisions to make.
What you get
Profit and loss, balance sheet, and cash flow against budget and prior year, plus a short written story: what moved, why it moved, and what needs a decision. A short pack for a small business, with departmental appendices for a larger organization.
Every month, drop the month just ended and re-forecast the next 12 to 18 months, instead of letting a January budget go stale.
Week by week receipts and payments for the next 13 weeks, with actuals replacing forecasts as weeks pass, flagging the lowest cash week and any funding gap before payroll or vendor dates.
Each metric carries a written definition, a formula, a source, a target, an owner, and a cadence, grouped under profitability, liquidity, and efficiency. Standard metrics include gross margin percent, operating margin percent, current ratio, days sales outstanding, days payable outstanding, and budget variance percent. What counts as good is industry-specific, so no single good number is presented without the client's context.
Add-on and project work
A forecast built from operating drivers such as volume, price, mix, headcount, capacity, and collections, not a flat growth rate. Change a driver and profit, cash, and headcount move together.
Base, upside, and downside cases, plus sensitivities such as a price change, a hiring delay, or a lost contract, showing cash and margin under each case.
A board-ready pack: one page executive summary with headlines, status, and decisions sought; performance against budget; cash and runway; KPI dashboard; risks and controls; outlook and scenarios; appendix detail. Sent days before the meeting.
Margin by product, service, customer, or channel, contribution after direct costs, and a price, mix, and volume bridge. This answers which jobs or clients actually make money.
Forecast headcount by role and start date, fully loaded cost including salary, benefits, and payroll taxes, capacity against demand, and the cost of a hire, a vacancy, or an incentive plan, tied to the driver model.
Preparation of the financial side only: clean historicals, two to five year projections with stated assumptions, a cash flow and debt-service view, a use-of-funds and repayment story, and a lender or investor ready pack, plus coaching for questions. Funding support means preparation, not approval.
Sample pack
The figures below are examples only, rounded for illustration, to show the shape of a pack. They are not a client report and not a result.
Revenue against budget, gross margin percent, cash runway with lowest cash week flagged, and days sales outstanding, each shown against budget or target with a trend direction.
A bridge from budget, through price, volume, mix, and cost effects, to actual, so the story behind the movement is visible at a glance.
Weekly bars plus a cumulative cash line, with the lowest week highlighted, so payroll and supplier dates are planned, not guessed.
Core, add-on, and not included
Monthly reporting pack with variance narrative, rolling forecast, KPI dashboard, and 13-week cash flow.
Driver-model build, scenario planning, board and investor pack, pricing and margin deep dive, headcount plan, funding pack, case costing, MIS cleanup, and Epic revenue-cycle review.
This service is management accounting for your business. It does not include audit, review, or other assurance engagements, personal financial planning, or investment advice. If you need one of those services, we will tell you so at the discovery call and, where appropriate, refer you to a suitably licensed provider.
Healthcare track
Publicly funded Canadian work and Epic payer work are different jobs, so they are offered as separate tracks.
Reporting in the CIHI Standards for Management Information Systems in Canadian Health Service Organizations, including a functional-centre chart of accounts and workload measurement. In Ontario this sits inside Ontario Healthcare Reporting Standards trial-balance submissions by functional centre and fund type under a service accountability agreement. Case costing means cost per case or per patient episode, grouped by case-mix group and resource intensity weight, compared as cost per weighted case across units and programs. Small clinics receive service-line costing only, not full case-mix costing.
Only where the organization actually has Epic charge, claim, and payer data. Gross-to-net patient revenue as a waterfall from gross charges, minus contractual adjustments, to collectible revenue, then payments against that base. Charge capture review, claims and denial analysis by reason and by payer, charge lag, and discharged-not-final-billed watched daily. Published benchmark ranges, not guarantees, and sources disagree on days in accounts receivable, so the range is stated: 30 to 40 days in one set of sources, with under 35 days as best-in-class there, while another presentation puts under 40 to 45 days as the bar. Clean claim rate at or above 95 percent. First-pass denial rate under 5 percent in one presentation, with 5 to 10 percent described as typical elsewhere. Final write-offs under 1 to 2 percent of gross. Charge lag same day to 48 hours as ideal. No Epic partnership or certification is claimed. The service is analysis of data from Epic-based systems, with access governed by the client.
Questions
No. This is management accounting only. It does not include audit, review, or other assurance engagements.
No. This is business-only work for businesses and healthcare organizations. It is not personal planning, investment advice, or retirement advice.
No. FP&A sits on top of their close. Bookkeeping stays the foundation, and this service turns the close into decisions.
A simple overview first: business type, current records and software, how far the books are up to date, and upcoming deadlines. Detailed records follow after scope is agreed.
Quote-based, after a discovery call. Scope, entities, cadence, and systems determine the fee. No price is published for this service.
A free consultation, then a deep dive and a written quote. The first pack and forecast follow once scope is agreed.
Tell us where things stand. We will help define the next step.
Software systems, coming soon
Two systems built together as one Nexo Books service at nexobooks.ca. Web-based, with nothing to install. The systems are in development and are not yet available. Pricing is to be confirmed, and quoted on actual scope.
Who it is for
Send invoices, track bills, reconcile the bank, and read a monthly report, without re-keying the same figures in three places.
Run payroll on the same platform as the books, with approvals, roles, and an audit log as more people touch the money.
Use the systems yourself, or have Nexo Books run payroll and bookkeeping for you on the same platform. Accountant access is granted and revoked by the business owner.
Two systems at a glance
General ledger, bank reconciliation, invoicing and receivables, bills and payables, HST and GST, expenses, reporting, billing, procurement, inventory, budgets, multi-currency, migration, mobile access, AI assistance, and API and file import.
Ontario payroll at launch, for hourly and salary staff, on weekly, bi-weekly, semi-monthly, or monthly pay. Deduction engine, pay stubs, remittance reports, T4s, and ROE data, with payroll journals posting into the accounting system automatically.
One tenant across accounting and payroll, shared roles and audit log, and no re-keying between payroll and the books. CRM, HR, and ERP systems are inputs to this platform, not modules it builds.
Accounting: what it covers
All items in this section are In development, as launch scope, unless a later section says otherwise.
Invoices, quotes and estimates, sales orders, retainers and deposits, progress billing, and recurring invoices. Reminders, customer statements, credit notes, write-offs, and a customer portal for invoice, statement, and document access. Payment links arrive with online payment acceptance, which is Planned.
Vendor bills and credits, recurring bills, and AP aging. Vendor onboarding, purchase orders, goods and service receipt, matching, and vendor-portal invoice upload. Expenses by phone photo receipt capture, with pre-fill and human confirmation, approval workflow, duplicate detection, mileage, billable tagging, and receipts retained for 7 years.
Bank accounts, reconciliation with outstanding items and a reconciliation report, and manual CSV import with saved per-account column mappings. Chart of accounts, journal entries, period locking, and year-end. Automatic bank and card feeds are Planned.
HST and GST tracking for Ontario and GST, ITC tracking, and filing-ready reports mapped to return lines. HST NETFILE and QST filing are Planned. Place-of-supply tax codes for every province, including PST and QST, are Planned.
Trial balance, profit and loss, balance sheet, cash flow statement, general ledger detail, AR and AP aging, HST summary, and bank reconciliation reports. KPI dashboard, scheduled monthly report pack, and budgets with forecasting by account, department, and project, plus variance and cash-flow forecast.
Light inventory with quantity on hand, reorder alerts, cost of goods sold on sale, and purchase-to-stock linkage. Multi-currency for foreign receivables, payables, and bank accounts, with rate tables, revaluation, and FX gain and loss. Time and project costing with billable time, project profit and loss, and time-to-invoice. Guided migration from QuickBooks and Xero. Full mobile surface for invoice status, approvals, expense submission, and dashboard. AI layer for auto-categorisation, match suggestions, duplicate and anomaly detection, and reminder drafting, which never posts without a rule or approval.
Payroll: what it covers
All items in this section are In development, as launch scope, unless a later section says otherwise.
Hourly and salary pay, on weekly, bi-weekly, semi-monthly, or monthly schedules. Runs are approved, then locked. Corrections go through adjustment runs, never by editing a locked run.
CPP, EI, and federal and Ontario tax including surtax, from versioned deduction tables. No real pay run uses an unverified table set: tables pass an automated verification suite and an independent second-person review before they are published, and prior years stay frozen.
Pay stubs meeting Ontario employment standards content requirements. Employee records with encrypted, masked SIN display. Reports register, year-to-date totals, and remittance history.
PD7A remittance reports with due dates, T4s with T4 Summary and CRA XML, and ROE data export. The first release prepares these reports and files, with no automatic remittance. Direct deposit, automatic remittance, and automatic filing come later.
Employees can update their own direct-deposit details, with the change audit-logged and notified to the employer. Use the system yourself, or have Nexo Books run payroll for you, with owner-controlled accountant access and every action audit-logged.
Payroll is for Ontario employers at launch, with province kept as configuration so it can scale later. Other provinces come later, with Alberta and British Columbia first and Quebec last.
How the work flows
Create and send the invoice, with payment status tracked.
Match the payment to the invoice and update receivables.
Agree the books to the bank before reports are trusted.
Review profit, cash, and aging, with drill-down to the entry behind each figure.
Review the draft run, then approve it before it locks.
Each employee receives a readable stub with gross, deductions, net, and year-to-date figures.
Review the PD7A totals and due date before anything is sent.
The locked pay run posts its journals into accounting automatically, with no re-keying.
Roadmap
Status words are used everywhere on this page: In development means launch scope being built now, Planned means a later phase, and Not planned means it is not on the roadmap.
The launch scope in the sections above: the accounting suite and Ontario payroll, masters and document vault, firm tools, approvals and permissions, and the compilation-ready year-end pack as management information.
Automatic bank and card feeds, online payment acceptance with portal pay links, payment scheduling and batch and EFT payment runs, HST NETFILE and QST filing, place-of-supply tax codes for every province, including PST and QST, T4A and T5018 slips from AP data, fixed assets and CCA, department, class, and location tagging, and pre-built API connectors. For payroll, direct deposit with automatic remittance and filing, multi-province payroll, contractor T4A, benefits and pension items, garnishments and union dues, time tracking, mobile access, and direct ROE Web submission.
Advanced revenue recognition only, as a gated add-on. It is not part of the launch scope and not part of the next phase.
Included, planned, and not planned
The accounting suite and Ontario payroll in the sections above, on one platform, with masters, document vault, firm tools, approvals, and the year-end pack as management information.
The Next items in the roadmap above, in the order listed there. Nothing in this panel is available at launch.
Full HRIS, multi-entity consolidation, CRM, e-commerce, and POS systems, warehouse and manufacturing, advanced sourcing, tax preparation, and compiled statements as a system function. Compilation stays a separate Nexo Books service, with an engagement letter and CPA sign-off. The year-end pack is management information that supports a compilation engagement, and no compilation report is generated by the system.
Integrations and limits
From launch, every module accepts API and file import, under the same integrity rules: nothing posts unreviewed, nothing is silently dropped, and everything is audit-logged. Imports are idempotent, so replaying an import changes nothing. Where a client runs an ERP system, trial-balance and subledger export are provided with a saved chart-of-accounts mapping and a tie-out report.
CRM, HR, e-commerce, and bank sources are inputs, not modules Nexo Books builds. Named ERP targets, including NetSuite, Dynamics 365 Business Central, SAP Business One, Sage Intacct, Odoo, and Acumatica, arrive as pre-built connectors in client-demand order, with the generic API and CSV path available from launch. No named connector is claimed as live until it is built and tested.
Security and trust
Encryption in transit and at rest, with a separate key for SIN and banking details, masked display of SIN and bank accounts, two-factor login including SMS codes, server-side permissions, an audit log kept for at least 7 years, daily backups, and Canadian-region hosting planned. The audit log is a software record of who changed what and when. It is not an audit service.
Led by Faisal, CPA, MBA. Work starts with a consultation, then a written scope in an engagement letter, then onboarding. This service does not include audit, review, or other assurance engagements, and Nexo Group Inc., operating at nexobooks.ca, does not hold a Public Accounting Licence (LPA).
What happens first: consultation and fit check, engagement letter and scope, secure data collection, setup and migration help, training on sending an invoice, reconciling the bank, and checking reports, then check-ins. Pilot places are offered in small batches by fit, with guided onboarding and a feedback channel. No payment is taken at registration. Register interest through the contact form, or join the pilot waitlist.
Questions
No. The systems are in development and are not yet available for sale. Register interest through the contact form, or join the pilot waitlist, and you will be contacted when pilot places open.
No launch date is set. The roadmap above uses Now, Next, and Later buckets, with no dates attached, and the page will be updated as phases complete.
Pricing is to be confirmed, and quoted on actual scope. No price is published for these systems.
In the first release, the system prepares remittance reports, T4s, and ROE data. It does not move money automatically. Direct deposit, automatic remittance, and automatic filing come later.
Ontario employers at launch. Other provinces come later, with Alberta and British Columbia first and Quebec last.
No. Use the systems yourself, or have Nexo Books run bookkeeping and payroll for you on the same platform. Accountant access is granted and revoked by the business owner.
Yes. Data can be exported in standard formats, so the business is not locked in. Full export is tested before launch.
Tell us where things stand. We will help define the next step.
Book a free consultation
A short first conversation is enough. Do not send banking details, tax documents or other sensitive records through this form.
Based in Milton. Serving the GTA and Ontario remotely.
A full street address will be shared when needed for an in-person appointment. This site does not publish a private residence address.
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The website provides general information about Nexo Group Inc. and its potential services. Website content is not accounting, tax, legal, investment or other professional advice. It should not be used as a substitute for advice based on your facts.
Using the website, sending an email, making a phone call or submitting the contact form does not create a client, accountant-client, fiduciary or other professional relationship. A relationship begins only after Nexo Group Inc. accepts the engagement in writing and the parties sign or otherwise accept an engagement letter.
Services, deliverables, timing, fees, client responsibilities and limitations are governed by the applicable quote and engagement letter. If website content conflicts with an engagement letter, the engagement letter governs.
The bookkeeping and tax services at nexobooks.ca do not include audit, review engagement or other assurance services. We offer CSRS 4200 compilation engagements. A CSRS 4200 compilation engagement does not provide assurance. Contact us for a quote.
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You agree not to misuse the website, interfere with its operation, attempt unauthorized access, submit unlawful material or use website content in a misleading way.
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These terms may be updated by posting a revised version and effective date on this page.
These terms are governed by the laws of Ontario and the federal laws of Canada that apply in Ontario, subject to any rights that cannot be limited by contract.
Questions about these terms can be sent to info@nexobooks.ca or discussed by calling 416-522-7860.
This policy explains how Nexo Group Inc. handles personal information collected through this website and related inquiries. A separate engagement privacy notice or terms may apply to client work.
We may receive information you choose to provide, such as your name, business name, email address, phone number, service interest and message. We may also receive basic technical information needed to operate and secure the website through the hosting platform.
Do not submit bank information, tax records, government identifiers, payroll files, passwords or other confidential financial documents through the website contact form or an ordinary email. A secure exchange method will be discussed if an engagement moves forward.
Information may be used to respond to inquiries, assess service fit, prepare a quote, arrange a consultation, operate and protect the website, meet legal or professional obligations and maintain appropriate business records.
We aim to collect only information reasonably needed for the identified purpose. By contacting Nexo Group Inc., you consent to the use of the information to respond to and manage your inquiry. Additional consent may be requested where needed.
Website hosting, email, scheduling, document exchange or accounting service providers may process information for Nexo Group Inc. Information may be stored or processed outside Canada, where it may be subject to the laws of that location. For details about specific providers and locations, Contact us for more info.
We do not sell personal information. Information may be shared with service providers acting on our behalf, professional advisers, or authorities where required by law or professional obligation. Other sharing requires consent unless otherwise permitted or required by law.
We may share your personal information with service providers and contractors who assist us in providing bookkeeping, tax, compliance and business support services, including website creation (for example, specialist preparers/reviewers and IT/cloud providers), only as needed for those services and under written confidentiality and data-protection obligations. We remain accountable for your personal information when it is in their hands. If your information is processed outside Canada, we will tell you in your engagement letter and it may be subject to the laws of that jurisdiction.
We use administrative, technical and physical safeguards appropriate to the nature of the information. No method of transmission or storage is completely secure.
Information is retained only as long as reasonably required for the identified purpose and applicable legal, professional and record-retention requirements. For details about the inquiry retention period, Contact us for more info.
You may request access to or correction of personal information held by Nexo Group Inc., subject to legal exceptions. Identity may need to be verified before a request is completed.
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For privacy officer details, Contact us for more info. Questions or requests can be sent to info@nexobooks.ca or discussed by calling 416-522-7860.
Website content is general information only. It is not accounting, tax, legal, investment, financing or other professional advice. Your circumstances, records, legal structure, location and intended use must be reviewed before advice or a service is provided.
No professional relationship is created by visiting this website, sending an inquiry or receiving an initial response. Nexo Group Inc. accepts an engagement only through written terms that identify the client, scope, responsibilities, fees and limitations.
The signed or accepted engagement letter governs all professional work. Where it conflicts with website content, the engagement letter controls.
The bookkeeping and tax services at nexobooks.ca do not include audit services, review engagements or other assurance services. Bookkeeping, management reporting, forecasts, business plans, tax support and other non-assurance work do not provide an audit opinion, review conclusion or any other assurance.
We offer CSRS 4200 compilation engagements. A CSRS 4200 compilation engagement does not provide assurance, and compiled information may not be suitable for every third-party purpose. Contact us for a quote.
Forecasts, budgets, plans and proposals depend on assumptions and information provided by the client and others. Actual results will differ. Funding, lending, grant, tax or business outcomes are not guaranteed.
Website creation is a business support service, not a CPA service, legal advice or an assurance service. The client provides or approves the content and remains responsible for the accuracy of its business information. Google rankings, traffic, leads and sales are not guaranteed. Scope, fees, client responsibilities and any ongoing maintenance are governed by the engagement letter.
Tax law and administrative practice can change. Deadlines and obligations depend on the client’s facts. General website information should not be used to make or delay a filing, payment or transaction decision.
External links are provided for convenience. Nexo Group Inc. does not control or guarantee third-party information.
To discuss advice based on your situation, email info@nexobooks.ca or call 416-522-7860.
416-522-7860
Monthly bookkeeping
