North Ledger logo markNorth Ledger

Real Outcomes

What happens when your books are finally done right

Every case below is a real client — details anonymized at their request. We show you the exact problem, what we found, what we fixed, and what changed for the business.

47+
active clients
$200K+
in recovered tax credits
4.9★
average rating
100%
on-time filing rate
ConstructionGreater Toronto Area, ON

GTA general contractor: from 9 months behind to month-end close in 60 days

9 months
of backlog cleared in 60 days
$47K
in unclaimed HST input tax credits recovered
3 weeks
to respond to CRA audit with full documentation
15th
books closed every month since

A general contracting company with $1.4M in annual revenue came to us 9 months behind on bookkeeping. Their previous bookkeeper had quit, taking incomplete records with them. The owner had no idea how profitable the business was — or if it was profitable at all. CRA had sent a HST audit letter three weeks earlier.

E-commerceToronto, ON

Shopify store: fixing HST on US sales and reconciling $340K in Shopify payouts

$22K
in wrongly-remitted HST identified and recovered via CRA refund claim
18 months
of Shopify payouts reconciled to the penny
3 platforms
unified: Shopify, Stripe, PayPal fully reconciled in QBO
0 errors
in HST filings since onboarding

A Toronto-based Shopify store selling apparel had been applying Ontario HST (13%) to all orders — including US orders, which should have been zero-rated for GST. Over 18 months, they had collected and remitted approximately $22,000 in HST on US sales that was never owed. They also had 18 months of Shopify payouts that had never been reconciled — a common issue where payment processor deposits don't match individual orders.

Energy / Oilfield ServicesCalgary, AB

Calgary oilfield services: job-level P&L that changed how they bid contracts

3 jobs
identified as margin-negative in first month
$85K
in additional CCA claimed via corrected fixed asset schedule
100%
WCB-compliant subcontractor documentation
Annual→Monthly
reporting cycle shift

A 12-person oilfield services company in Calgary had been profitable on paper for four years — but the owner had a nagging sense that some jobs were losing money. Their books were done annually by a tax accountant who had no visibility into job-level costs. Equipment depreciation was inconsistent, subcontractor payments were mixed into employee payroll, and field T&E receipts existed only in a shoebox.

Tech / SaaSVancouver, BC

Vancouver SaaS startup: SR&ED-ready books and clean deferred revenue before Series A

$210K
in deferred revenue properly identified and stated on Balance Sheet
$38K
in SR&ED-eligible expenses documented for credit claim
2 years
of books restated to accrual basis in 6 weeks
Series A
closed 4 months after books were cleaned up

A 14-person SaaS startup in Vancouver was preparing for a Series A round. Their existing books were on a cash basis, didn't separate deferred revenue from recognized revenue, had no proper accrual entries for software development costs, and GST had never been registered (the founder believed their SaaS product wasn't taxable in Canada). Investors' due diligence team flagged all three issues.

Real Estate InvestmentOntario

Ontario real estate investor: four properties, one corporation, and $29K in missed deductions

$29K
in deductions identified that had never been claimed
2 years
of unfiled T2 returns ready for CPA within 8 weeks
4 properties
fully reconciled with per-property P&L
CCA
schedules built correctly for Class 1 and Class 8 assets

An Ontario real estate investor had four residential rental properties, two held personally and two inside a corporation — but the corporation's books had never been set up properly. Rental income, mortgage interest, property taxes, repairs, and CCA had never been properly segregated by property. The investor's CPA had been unable to file the corporate T2 for two years due to the state of the records.

YOUR TURN

Ready to be the
next success story?

Most new clients discover something in their first month — unclaimed ITCs, misclassified expenses, or a filing error. A free review takes 24 hours and costs nothing.

47+
Clients · CA & US
4.9★
Average rating
15th
Books closed by

Your free quote includes:

  • Full review of your current bookkeeping setup
  • Compliance gaps identified before they cost you
  • Custom quote based on your transaction volume
  • Onboarding timeline — live within 30 days
  • No pressure, no commitment required
Get My Free Quote

No contracts · Cancel anytime · CAD & USD billing

See Pricing →