Financial reconciliation
We map expenditure records to the assessed work, resolve differences in periods and project names, and document the basis for allocations.
For finance teams, operators & accountants
Complete SR&ED preparation for finance teams.
Cedar reconciles project costs, calculates the credits, and prepares the federal and provincial schedules. We work directly with finance and your corporate accountant through review, filing, and audit.
Talk to CedarGetting started
We connect the technical assessment to the financial claim.
Payroll, contractor invoices, project records, and the general ledger often describe the work differently. We reconcile the source records to the assessed projects and claim periods, then prepare the expenditure calculations.
Your senior claim preparer works directly with technical and finance contacts on time allocations, assistance, and adjustments. The Cedar platform keeps the calculations alongside the project information so questions can be resolved in context.
We complete the federal and provincial SR&ED schedules and work through your accountant’s questions before filing. Your accountant integrates the approved schedules into the T2 return and files it. Cedar remains responsible for the SR&ED preparation and leads any technical or financial audit response.
Working together
The financial work is part of our service
We prepare and explain the claim calculations, with direct access to the senior preparer responsible for them.
What Cedar handles
Credits and tax schedules
We calculate the claim, account for relevant assistance and adjustments, and prepare the federal and provincial SR&ED schedules.
Accountant coordination and audit
We resolve review questions, deliver the approved filing package, and support its integration into the return. Full audit support includes financial responses and reviewer meetings.
Your team’s input
Source records
Finance provides the payroll, contractor, and expenditure records, along with funding and company information. We organise the requests and manage follow-up.
Financial review
Finance and technical contacts confirm the source information and allocation basis. We explain the calculations and work through corrections.
Corporate tax return
The company approves the claim. Its corporate accountant integrates the SR&ED schedules into the T2 return and files it, with Cedar coordinating the SR&ED details.
Our success-based fees mean we share the risk and upside of your claim. Your senior preparer’s compensation is tied to the outcome, and full audit support is included.
Getting ready
Plan around your filing timetable
We start with the claim year and your accountant’s review dates, then set the information requests and preparation schedule.
Discuss your claimUseful starting points
- The claim year, legal entities, and provinces involved
- Your corporate accountant and filing timetable
- Payroll, contractor invoices, and project-cost records
- Available time records and allocation methods
- Grants, other assistance, and relevant prior claims
The process
How we prepare your claim
Set the timetable
We plan preparation around the claim year, information availability, and accountant’s review dates.
Reconcile and calculate
We connect the project assessment to costs, allocations, assistance, and credit calculations.
Resolve review questions
We explain the schedules to finance and your accountant, make revisions, and obtain company approval.
Coordinate the filing
Your accountant receives the completed schedules. We resolve SR&ED filing questions and lead any audit response.
Reading
More on preparing a claim
Coordinate your SR&ED claim with your accountant
The schedules, review dates, and filing details to plan together.
Keep the records that explain your R&D
Records that support the technical work and associated costs.
Questions to ask an SR&ED preparer
Claim ownership, financial preparation, fees, and audit support.
Questions
Before we begin
Does Cedar file the corporate T2 return?
Your corporate accountant files the T2. Cedar prepares the technical reports, financial calculations, and federal and provincial SR&ED schedules, then coordinates their integration with your accountant.
What can finance review before filing?
The technical reports, expenditure calculations, credit calculations, and tax schedules. We explain the source records, allocation basis, and adjustments, resolve questions with your team and accountant, and obtain company approval before filing.
Who handles a CRA or provincial review?
Cedar leads the SR&ED response, with full audit support included. We prepare technical and financial responses, attend reviewer meetings, and coordinate with your team and accountant throughout the review.
Let’s plan the claim with your accountant.
We’ll confirm the claim year, review dates, and records needed to prepare the complete SR&ED package.