FAQ's

folēo pricing is based on your transaction volume and payroll requirements to start. From there, you can decide whether a budgeted business plan is right for you, or you are poised for strategic growth and would like professional input.

• if you are self-employed, or a small business with less than $15k of monthly expenses, review the folēo me plans.
• if you have employees, review the folēo us and folēo us plus plans. And from there…
• if you have some additional financial requirements, a la carte add-on options are available
• if you are trying to squeeze your unique company into a plan that doesn’t quite fit, let’s talk about a custom plan

If you have any questions about our pricing model, plans and options, we are a phone call or e-mail away.

Yes. We will review your needs and give you a price quote to get you caught up. Once caught up, we will then roll you into the folēo package of your choice that suits you best.

Yes we will! And we will provide you with valuable bookkeeping tips along the way.

We understand that you just want to bake, sell, saw, massage, clean, and whatever else you do so well! Leave the pesky number crunching and data entry to us, knowing you will have 24/7 access to your files.

With a little help from us, of course. folēo will set up your QuickBooks account for you. Simply send us the file and we’ll take care of the rest. folēo can import data from Excel, Quicken, Microsoft Outlook Contacts or Apple Contacts. You will then receive an email to get you started with access to your new QuickBooks account.

folēo will convert your Simply Accounting records to Quickbooks for you, at no extra charge.

You can drop them off at our office centrally located in Ottawa, or our friendly orange shirted courier will pick them up from you (a flat rate charge will apply).

Note: You can send us your receipts and statements electronically to start, but we want to assemble your original receipts as required by Canada Revenue Agency.

For QuickBooks Desktop clients: folēo uses QuickBooks hosting in the cloud.

For QuickBooks Online clients: folēo uses QuickBooks Online.

At folēo we work with our clients from a single set of data from a mobile phone, a tablet or a computer.

Working online or “working in the cloud” is a seamless and easy way to access data, no matter where you are. It’s simply the internet at your fingertips and the benefits are numerous:

Absolutely. folēo offers a la carte options that cover Corporate Tax Returns, T4 & T5 Summary, Annual Notice to Reader, Financial Statements, and Personal Tax Returns.

We rely on advanced, industry-recognized security safeguards to keep all of your financial data private and protected. With password-protected login, firewall-protected servers, and the same encryption technology used by the world’s top banking institutions, we have the security in place to give you peace of mind.

We’d sure be sorry to see you go, but if you need to leave us, we have a seamless departure procedure, including the secure transfer of your files.

Yes. Upon your written request and approval, we will provide your financial information to an accounting firm of your choice. Please note, folēo also offers year end services.

If folēo has prepared your records and you would like our assistance, we are pleased to provide information and be present to assist you at meetings with an auditor. To ensure your ongoing privacy, CRA and folēo will obtain your written consent before there is any discussion or information passed about your bookkeeping records.

Yes. Ad hoc services of any kind can be tailored into your program including less frequent strategy sessions than what our packages are offering.

folēo’s goal is to provide timely and effective financial information to our clients by tapping into the business intelligence that QuickBooks can provide.

All of our bookkeeping packages come with an initial bookkeeping evaluation, where we identify the status of your bookkeeping records, your financial reporting requirements and your key deadlines.

We also assess your needs in accessing QuickBooks for its operational capabilities (e.g., customer invoice generation, timesheets, estimates, etc.).

Depending on the type of business you own, we will tailor your Chart of Accounts and review any bookkeeping that has occurred to date for the current fiscal year.

If you have provided us with a QuickBooks data file, we will make any changes required and we will ensure that it is secured.

If you are not yet a QuickBooks user, we will set up QuickBooks (Online or Desktop) tailored specifically for your business. Your needs will be identified through the bookkeeping evaluation process and an additional fee will apply.

The right version of QuickBooks is determined by the kind of access and frequency  you require to your record keeping. Depending on your day to day operational tasks, we will help you choose the right version for you.

• If you do not require day to day access, we will set up your bookkeeping file on QuickBooks Desktop, accessible only by folēo, and deliver your financial reports to you each month.
• If you need minor access to QuickBooks (e.g., to prepare customer invoices), we will set you up on QuickBooks Online.
• If you require regular access to take advantage of the full functionality of QuickBooks Desktop, we can set up your Desktop file in a secured cloud environment for an additional monthly storage fee.

folēo is focused on supporting your business through bookkeeping, budgeting and strategy for growth. In that role, we do not provide assurance services on your financial information. A Canadian accounting firm can provide a review engagement report or audit opinion and we are happy to provide a referral.

folēo is dedicated to providing small business management services in the areas of bookkeeping, budgeting and strategic planning. As defined by Canadian legislation and by virtue of the fact that we do not provide assurance services, folēo is not a public accounting firm. We are a management services company dedicated to providing timely and cost-effective management assistance to our small business and micro enterprise clients. If any of our clients requires the services of a public accounting firm, we are happy to provide a referral and we are willing to work with them on your behalf should the need arise.

folēo pricing is based on your transaction volume and payroll requirements to start. From there, you can decide whether a budgeted business plan is right for you, or you are poised for strategic growth and would like professional input.

• if you are self-employed, or a small business with less than $15k of monthly expenses, review the folēo me plans.
• if you have employees, review the folēo us and folēo us plus plans. And from there…
• if you have some additional financial requirements, a la carte add-on options are available
• if you are trying to squeeze your unique company into a plan that doesn’t quite fit, let’s talk about a custom plan

If you have any questions about our pricing model, plans and options, we are a phone call or e-mail away.

Yes. We will review your needs and give you a price quote to get you caught up. Once caught up, we will then roll you into the folēo package of your choice that suits you best.

With a little help from us, of course. folēo will set up your QuickBooks account for you. Simply send us the file and we’ll take care of the rest. folēo can import data from Excel, Quicken, Microsoft Outlook Contacts or Apple Contacts. You will then receive an email to get you started with access to your new QuickBooks account.

folēo will convert your Simply Accounting records to Quickbooks for you, at no extra charge.

folēo’s goal is to provide timely and effective financial information to our clients by tapping into the business intelligence that QuickBooks can provide.

All of our bookkeeping packages come with an initial bookkeeping evaluation, where we identify the status of your bookkeeping records, your financial reporting requirements and your key deadlines.

We also assess your needs in accessing QuickBooks for its operational capabilities (e.g., customer invoice generation, timesheets, estimates, etc.).

Depending on the type of business you own, we will tailor your Chart of Accounts and review any bookkeeping that has occurred to date for the current fiscal year.

If you have provided us with a QuickBooks data file, we will make any changes required and we will ensure that it is secured.

If you are not yet a QuickBooks user, we will set up QuickBooks (Online or Desktop) tailored specifically for your business. Your needs will be identified through the bookkeeping evaluation process and an additional fee will apply.

The right version of QuickBooks is determined by the kind of access and frequency you require to your record keeping. Depending on your day to day operational tasks, we will help you choose the right version for you.

• If you do not require day to day access, we will set up your bookkeeping file on QuickBooks Desktop, accessible only by folēo, and deliver your financial reports to you each month.
• If you need minor access to QuickBooks (e.g., to prepare customer invoices), we will set you up on QuickBooks Online.
• If you require regular access to take advantage of the full functionality of QuickBooks Desktop, we can set up your Desktop file in a secured cloud environment for an additional monthly storage fee.

folēo is focused on supporting your business through bookkeeping, budgeting and strategy for growth. In that role, we do not provide assurance services on your financial information. A Canadian accounting firm can provide a review engagement report or audit opinion and we are happy to provide a referral.

folēo is dedicated to providing small business management services in the areas of bookkeeping, budgeting and strategic planning. As defined by Canadian legislation and by virtue of the fact that we do not provide assurance services, folēo is not a public accounting firm. We are a management services company dedicated to providing timely and cost-effective management assistance to our small business and micro enterprise clients. If any of our clients requires the services of a public accounting firm, we are happy to provide a referral and we are willing to work with them on your behalf should the need arise.

We rely on advanced, industry-recognized security safeguards to keep all of your financial data private and protected. With password-protected login, firewall-protected servers, and the same encryption technology used by the world’s top banking institutions, we have the security in place to give you peace of mind.