NetSuite is the most powerful accounting platform your business can run on. Most companies use only 30% of it and still end up with a messy close, unreliable reports, and numbers no one fully trusts.
We change that. Ledger Labs runs your full NetSuite accounting function: books, close, reporting, and compliance, so the platform finally works the way it was supposed to, and stays onside with the CRA.
Happy Clients
Years in industry
Strong team
Most NetSuite environments are set up in a basic way, so ecommerce, SaaS, and manufacturing businesses often share the same configuration. We customize NetSuite to handle the specific financial needs of your industry, including how it manages GST/HST across different provinces.
Each industry has its own financial challenges. Ecommerce may have changing margins for each SKU. SaaS companies can’t recognize revenue when they send an invoice. Manufacturing costs can vary with each production run. Generic accounting firms treat all these situations the same. We take a different approach. We come in already understanding your numbers, your challenges, and exactly how to configure NetSuite to support your business effectively.
More than most founders realize, unreliable books drive risky decisions, slow closes, misstated revenue, and a cash position you can only guess at.
We manage your NetSuite books and step in when they aren’t working. For over ten years, founders and CFOs have called on us when their numbers don’t add up, when the month-end close is a struggle, or when the system no longer matches the business. Every time, we deliver trustworthy books, actionable reports, and a NetSuite setup that truly fits.
Here’s what it’s actually costing you:
We ensure your books are accurate by managing everything from the chart of accounts to monthly closings, revenue recognition under IFRS 15/ASPE, GST/HST compliance, multi-entity consolidation, payroll, and the preparation of audit-ready documentation.
Many businesses using NetSuite don’t need extra software; they need expert support. Here’s what we handle for your books each month, so you don’t have to follow up.
Many clients come to us for help with post-implementation cleanup. If your setup has caused broken reports, inconsistent transactions, or frustrated teams, we can help. We fix misconfigured modules, align your financials, and restore your confidence in the system.
We set up contracts, deferral schedules, and revenue triggers to keep your financials aligned with IFRS 15 or ASPE Section 3400. NetSuite's revenue recognition is powerful but can be easily mismanaged. We ensure you don’t overstate your income and help you stay compliant.
We simplify journal entries, automate reconciliations, and implement strong controls on a closing calendar that works for your team. This way, instead of the month-end process dragging into the next month, you receive reliable financials on time, every time.
We create dashboards that display the key metrics that influence decisions, such as cash position, runway, margins, A/R exposure, and burn rate. You won’t need to click 15 times or wait for your finance team. It’s simple, smart, and designed for founders.
We create organized workflows for payables, receivables, and payroll, including CPP/EI, T4, and source deductions. This helps ensure everything is accurate and meets regulations. We manage approval processes, vendor payment schedules, and employee reimbursements. We automate tasks that can be automated and keep control over what needs to be managed.
We make sure your books are ready for audits all year, not just during audit season. We organize supporting documents, maintain clear journal entries, ensure consistent reconciliations, and maintain full audit trails in NetSuite. This way, your records can withstand scrutiny, and your CPA won't keep asking the same questions.
We specialize in making NetSuite's features for managing multiple entities and subsidiaries easy to use. This ensures clear accounting of transactions between companies, handles multiple currencies for businesses that operate internationally, and provides reliable financial reports in real time. You’ll gain visibility into each business unit that aligns with ASPE and IFRS standards, making it simple to discuss financials in any boardroom.
We set up NetSuite to match how your business operates, not with a one-size-fits-all approach. We adjust your chart of accounts, modules, and processes to reflect how your business makes, spends, and grows money. This includes managing GST/HST/PST effectively. Our goal is to let your operations guide the software, not the other way around. The result is cleaner data, clearer reports, and fewer workarounds.
Our clients trust us to provide reliable books, timely closings, and accurate reports for investors and the CRA. Here’s what they say. Our clients trust us to provide reliable books, timely closings, and accurate reports for investors and the CRA.
Here’s what they say:
Because most firms know the software but not how to run books inside a fast-moving business. Here’s where the difference shows up.
| Feature | Ledger Labs | Other Accounting & Bookkeeping Firms |
|---|---|---|
| NetSuite Expertise | CPAs who live inside NetSuite daily, not generalists who learned it last year | General bookkeepers with basic NetSuite exposure |
| Chart of Accounts Setup | Rebuilt around your business model and ASPE/IFRS reporting needs | Default out-of-the-box setup |
| Month-End Close | Disciplined close calendar, automated reconciliations, on-time financials | Close drags into week three, late reports |
| Multi-Entity & Consolidation | Clean intercompany accounting, CAD/USD FX, real-time consolidation | Manual workarounds that break under pressure |
| Revenue Recognition | Configured to IFRS 15 / ASPE Section 3400 with auditable deferrals | Generic setup risking misstated revenue |
| Sales Tax / GST-HST | SuiteTax configured for GST/HST/PST/QST across provinces, filing-ready | US-style or default tax setup that misfires |
| Reporting & Dashboards | Founder-ready dashboards on cash, runway, margin, A/R | Static reports needing manual rebuilds |
| Support & Responsiveness | Proactive, CPA-led - you don't chase us | Slow responses, unanswered follow-ups |
CPAs who live inside NetSuite daily, not generalists who learned it last year
General bookkeepers with basic NetSuite exposure
Rebuilt around your business model and ASPE/IFRS reporting needs
Default out-of-the-box setup
Disciplined close calendar, automated reconciliations, on-time financials
Close drags into week three, late reports
Clean intercompany accounting, CAD/USD FX, real-time consolidation
Manual workarounds that break under pressure
Configured to IFRS 15 / ASPE Section 3400 with auditable deferrals
Generic setup risking misstated revenue
SuiteTax configured for GST/HST/PST/QST across provinces, filing-ready
US-style or default tax setup that misfires
Founder-ready dashboards on cash, runway, margin, A/R
Static reports needing manual rebuilds
Proactive, CPA-led – you don’t chase us
Slow responses, unanswered follow-ups
Ledger Labs helps Canadian founders and finance teams simplify accounting, strengthen financial systems, and make confident decisions without building an in-house finance department.
We use cookies to enhance your experience and analyse traffic. Privacy Policy
"Our month-end close used to bleed into the third week. Ledger Labs rebuilt the process inside NetSuite, automated the reconciliations, and now we get clean financials by day five. Every month, on time."
Daniel Mercer CFO, B2B SaaS