Our Services
Bookkeeping
At the core of every successful childcare business is accurate and well-maintained bookkeeping, and we’re here to ensure that process is both smooth and reliable.
Accurate financial records is essential for managing daily operations, staying compliant with CRA, and planning for growth. Our bookkeeping services are specifically designed to meet the unique needs of childcare providers. By organizing your income and expenses, we can ensure that all financial information is easily accessible when needed.
Our meticulous approach includes organized record-keeping, timely financial reporting, and expert analysis to ensure informed decision making and sustained success for your childcare business.
Payroll
Accurate and timely payroll is essential for running a successful childcare program, and we’re here to make that process smooth, compliant, and worry-free.
Payroll in the childcare sector involves more than just issuing paycheques. With affordability funding such as wage top-up, professional development, release time, and employer mandatory contributions, it’s critical that payroll is handled by professionals who understand the complexities of Alberta’s evolving child care funding landscape.
From processing pay runs and managing records to handling year-end reporting and CRA remittances, we deliver a comprehensive payroll solution that supports your business.
Tax Planning and Filing
Effective tax planning is the key for the long-term success of any business and we’re here to ensure that you maximize your tax savings.
We offer tailored tax services designed for childcare businesses, helping you stay compliant while making the most of sector-specific deductions. Our expertise has helped other clients save at least 25% in taxes by identifying eligible expenses and applying the right deductions. We ensure your filings are accurate, compliant, and optimized for your unique operation.
From year-end filings to long-term planning, we provide praactive tax solutions to ensure that you’re able to take complete advantage of tax legislations. You can focus on delivering high-quality care while confident your tax obligations are fully optimized.
Fractional CFO
Running a childcare business means more than just providing care, it requires strong financial leadership. Our Fractional CFO services give childcare businesses access to experienced financial guidance without the cost of a full-time CFO.
We provide end-to-end financial advisory services, including cash flow management, budgeting, break-even analysis, and financial statement review. We also help you meet funding-related reporting requirements:
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Under $250,000: signed financial report
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$250,000–$500,000: review engagement report
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Over $500,000: audited financial statements
Whether you’re planning to grow, adapt to funding changes, or improve financial performance, having a dedicated advisor who understands the childcare sector can make all the difference. We help you gain control and confidence in your financial future.
What We Offer
- Organized bookkeeping to support daily operations and ensure compliance with Alberta Affordability Grant financial reporting.
- Accurate payroll processing for wage top-ups, professional development pay, release time, and CRA remittances.
- Optimized tax planning and filing to reduce liabilities, apply sector-specific deductions, and maximize savings.
- Expert Fractional CFO support for budgeting, cash flow, break-even analysis, and financial oversight — without the cost of a full-time CFO.
- Strategic financial guidance tailored to Alberta’s childcare funding environment, empowering you to make confident, informed decisions.
- Startup support and business planning including incorporation, licensing guidance, and customized business plans with a proven track record of approval by major Canadian banks.
- Peace of mind knowing your finances are managed by a CPA and PhD with deep expertise in childcare operations.
What Our Clients Say
Book a Discovery Call
Our managing partner possesses a distinguished credential that sets us apart from most accounting professionals. This advanced qualification reflects our commitment to excellence and depth of expertise. We take a meticulous approach to every engagement. As part of our process, we conduct a thorough review of your financial records, going back up to two years, to identify any discrepancies, missed opportunities, or errors that may have been overlooked by previous accountants. Our dedication to accuracy and strategic insight ensures that you receive the highest level of value. We are driven by a genuine passion for problem-solving and are committed to maximizing your tax savings. When you work with us, you can trust that your financial matters are in capable and attentive hands.
Ready to Get Started and Stay Compliant
We’re not average accountants, we possess credentials that no other accountants hold. We take the time to thoroughly review your financials, often uncovering missed opportunities that others overlook. We’re diligent, dedicated, and always focused on delivering the best possible results for you.
You Aren't the First to Ask This Question
What financial records do I need to keep as a licensed childcare provider?
You must keep detailed records of all income, expenses, payroll, and government funding such as the Affordability Grant and Wage Top-Up. Proper documentation ensures compliance and simplifies reporting. At ValueNode Accounting, we set up and maintain a tailored bookkeeping system that keeps your records organized, accurate, and ready for reporting or audit.
How should I track and report government funding like the Affordability Grant or Wage Top-Up?
Each funding stream must be tracked separately and used according to the government’s guidelines. Accurate reporting is required to maintain funding eligibility. At Valuenode Accounting, we accurately track each funding source and prepare the financial reports required by the province, ensuring you remain compliant and stress-free.
What are my payroll responsibilities as a childcare provider?
You must pay your staff correctly, remit deductions to the CRA on time, and issue T4s. You also need to account for wage top-ups, professional development hours, and release time. At ValueNode Accounting, we manage your full payroll process, integrating childcare-specific funding and ensuring accurate remittances and reporting to the CRA.
Do you help with the financial reporting required for government funding?
Yes, we prepare the financial statements required for all funding levels and coordinate with our audit partners to complete review or audit engagements when needed. This ensures your reporting is accurate, compliant, and submitted on time.
What makes ValueNode different from other accounting firms?
Our managing partner is a CPA with a PhD in Accounting and postdoctoral training in Taxation from the University of Calgary. She brings unmatched expertise and a research-driven approach to every client engagement, helping many achieve tax savings of 25% or more. Recently, she worked with a daycare center that had been with another CPA for years. After conducting a thorough review of their financials, she identified major oversights and implemented a strategic tax plan that saved them nearly $50,000 in taxes they were about to pay. This level of diligence and forward-thinking is what sets ValueNode Accounting apart.
Can you review our past financials for missed opportunities?
Yes, we routinely review at least two years of financial records to identify errors, missed deductions, or reporting issues that may have been overlooked by previous accountants. Problem-solving is not just our skill—it’s our passion. We are deeply committed to our clients and take pride in uncovering opportunities others often miss. In many cases, we’ve identified thousands of dollars in tax savings or refunds, and we’re confident you won’t regret letting us review your books.