Why Prasad & Company LLP Chartered Professional Accountants?

Our experienced and dedicated professionals are focused on helping you achieve your personal and business objectives. We offer a variety of services to many industries, both domestically and internationally. We are proud members of the Alliott Global Alliance, a worldwide alliance of independent law, accounting, and specialist advisory firms.

Our firm also works with Canadian and US cross-border experts to successfully serve the tax needs of our clients with assets around the globe. In addition to our own cross-border expertise, we have extensive experience with estate planning, succession planning, and international tax matters.

We take pride in our reputation for providing quality client services and reliable solutions. We are committed to bringing exceptional value to the marketplace by consistently providing up-to-date knowledge of today’s varying economic and business conditions, in addition to the ever-changing advances in technology. Whether we are working with a start-up or an existing business, our management consulting and advisory responsibilities allow us to effectively assist clients in the development and performance of their businesses.

What types of clients do you work with?

The diversity in the range of industries we serve stems largely from the size of our firm, which has allowed our employees to specialize in various areas to become highly skilled in their respective fields.

Our team has experience with information technology, software development, education, healthcare, restaurants, cannabis, real estate development, suppliers, distributors, transportation, and investment holding companies, among other businesses. With our integration and proactive approach, we facilitate quick decision-making and provide our clients with direct access to all our professionals who will continuously address their specific needs and goals.

How much are your fees?

Every person is unique. Every business is different. That is why we like to discuss your personal and business needs, assess your financial information, review past individual/corporate tax returns, any shareholder agreements, and more. This way we can provide you with a tailored scope of work and favourable fee quotes for your projects so that it all suits your needs and budget.

Can you assist me with obtaining funding if the major banks have refused to help me?

We can certainly assist you with getting funds from other sources if your bank has declined you for a loan or refused to increase your credit. Our team of experts has direct links to the major banks as well as other lenders, such as the Business Development Bank of Canada (BDC). We will do all the research about your business and personal situation to put together a proper application for you. We will conduct meetings on your behalf and do our best to get you the funds you need.

What is QuickBooks Online (QBO) and are there other ways to track my receipts to save time?

QBO is a great way to import bank and credit card transactions so that you can have them easily reconciled with your receipts. Since you must keep your receipts for any expenses you may incur, using an application to store your receipts is a quick and easy way to track your expenses. Electronic copies save you time, money, and sanity. By digitally organizing your receipts, these apps categorize your receipts as well as statements and invoices and then publish the correct amounts to the accounting software such as QBO which makes bookkeeping and accounting much easier. You can always download your statements, invoices, and receipts if you need a physical copy. This is also acceptable by the Canada Revenue Agency (CRA). You can always reach out to one of our bookkeeping experts if you have any questions.

What is DT Portal and how can I get my tax files, QuickBooks files, and other important documents sent to you?

You may use our secure platform for file transfers via our DT Client Portal. Simply request the set-up from your Manager and then you will receive an automated email with detailed instructions on how to register and login to your own account.

DT Portal offers an easy and highly advanced cloud system that allows for the secure uploading and downloading of private documentation. Through this service, you can access all your accounting documentation from any computer system for your convenience.

Once you register your account, you can log in at any time from the Client Portal Login link available at the top right-hand side of our website or by clicking on the Secure File Transfer link in our email signature. When you are signed in, you can click on File Exchange and upload your documents into the file folders for you and/or your companies.

If you forgot your password, you could easily reset it at any time by clicking on the Client Portal Login link at the top of this page or by clicking on the Secure File Transfer link in our email signature. For any questions about how to set up your own File Exchange, you can call us at 416-226-9840 and our team will be happy to help you.