Reconciled
Key bank, credit card, loan, tax, and balance sheet accounts are reconciled or clearly flagged.
For Canadian accounting firms
Bookkeeping files prepared for your firm’s review.
LedgerNorth helps accounting firms clean up, reconcile, organize, and prepare client bookkeeping files—so your team spends less time fixing records and more time reviewing, advising, and serving clients.
Accounting-firm focused
Secure remote workflow
Flexible capacity
The standard behind the service
What does accountant-ready mean?
An accountant-ready file is more than completed data entry. It is a bookkeeping file that has been reconciled, reviewed for inconsistencies, supported by clear schedules, and organized for your accounting team’s review.
Reviewed
Unusual balances, duplicate entries, uncategorized transactions, and prior-period issues are checked.
Supported
Key balances are backed by schedules, source documents, and clear calculations.
Documented
Missing information, unresolved items, and client follow-ups are summarized for review.
Completed bookkeeping is not always accountant-ready. LedgerNorth goes beyond transaction entry by reconciling key accounts, documenting unresolved items, and organizing the file for firm review.
Result: A consistent file package that is easier for the accounting firm to review and move into year-end or tax preparation.
More capacitywithout fixed payroll costs
Less backlogwith reliable overflow support
Faster reviewwith organized, consistent files
Services
Two service categories aligned with your firm’s workflow.
Support can be recurring, project-based, seasonal, or file-by-file, with scope confirmed before work begins.
Routine Bookkeeping Support
Ongoing monthly, quarterly, or annual bookkeeping support.
Services may include:
- Transaction recording and bookkeeping
- Bank, credit card, and account reconciliations
- General ledger maintenance
- Routine journal entries
Year-End Support
Year-end file preparation for your firm’s review and tax compliance process.
Services may include:
- Completion of current-year bookkeeping, where required
- Year-end adjusting journal entries
- Working papers and supporting schedules
- Trial balance tie-out
- Preparation of accountant-ready files for review and tax compliance
Typical delivery: a reconciled file, supporting schedules, review notes, and a clear open-item summary.
Services are performed under the Client’s direction and supervision. The Client reviews all deliverables and retains final professional responsibility.
How it works
A clear path from scope to firm review.
Many engagements begin with one representative file to confirm scope, quality, and workflow fit.
- 01
Align
Confirm scope, software, access, deliverables, review expectations, estimated hours, and timing.
- 02
Prepare
Complete the agreed bookkeeping, reconciliations, cleanup, schedules, and documentation.
- 03
Deliver
Provide the completed file, supporting materials, review notes, and a clear open-item list for the firm’s review.
Founder experience
Firm-side experience that supports a smoother review process.
LedgerNorth was founded by Fenghua Lai, a former Senior Accountant at a Toronto CPA firm with experience supporting Canadian and U.S. accounting work.
His background includes bookkeeping cleanup, reconciliations, year-end working papers, supporting schedules, adjusting entries, and preparing files for professional review.
That firm-side experience informs how LedgerNorth works: documentation follows the reviewer’s workflow, and unresolved items are clearly identified before delivery.
Fenghua is a QuickBooks Online Certified ProAdvisor.
The accounting firm retains the client relationship, final review, professional judgment, tax preparation, and filing responsibility.
Why Us
Organized for the reviewer’s next step.
LedgerNorth’s work is structured around what accounting-firm reviewers need to move a file forward.
Clear review package
Reconciled files, organized documentation, support schedules, and clearly identified open items.
Fits your firm’s workflow
Behind-the-scenes support adapted to the firm’s software, review process, and documentation standards.
Flexible capacity
Monthly, seasonal, or file-by-file support without permanent hiring and fixed payroll costs.
Scope and pricing
Straightforward hourly pricing
CAD 40 per hour, billed only for actual time worked.
Before work begins, we assess the file and provide an estimated range of hours based on transaction volume, reconciliation status, file condition, documentation, complexity, and required turnaround.
If the work is expected to materially exceed the approved estimate, we will obtain your approval before proceeding with additional work.
A fixed-price paid trial may be available for one representative file after an initial scope assessment.
Frequently asked questions
A few helpful details before we begin.
Deliverables may include a reconciled bookkeeping file, supporting schedules, organized source documents, review notes, outstanding questions, and a client information request list. Exact deliverables are confirmed before work begins.
No. Accountant-ready means the bookkeeping records and supporting materials are organized for the accounting firm’s review and year-end process. Final review, professional judgment, tax preparation, and filing remain with the accounting firm.
Our primary expertise is QuickBooks Online and QuickBooks Desktop. Other cloud accounting platforms may be supported based on your firm’s requirements.
Yes. Seasonal and overflow support are available, along with monthly, quarterly, file-by-file, and ongoing arrangements.
Our standard rate is CAD 40 per hour, billed only for actual time worked. Estimated hours reflect transaction volume, file condition, documentation, reconciliation status, complexity, and turnaround. We seek approval before work materially exceeds the approved estimate.
Let's talk
Start with one representative file.
We will confirm scope, estimated hours, deliverables, and timing before work begins.
fenghua.lai@ledgernorth.net
Serving accounting firms across Canada
Serving firms across Canada, with a primary focus on Ontario.