Accounting for caterers in Ontario
Caterers carry food inventory, event deposits, and event-based staffing, with revenue that swings by season and booking.
CRA EFILE authorized · Data stored in Canada · Every file reviewed by an accountant
taxifi · Caterers
This month
- Bookkeeping Current
- Payroll & source deductions Filed
- HST Filed
- Year-end tax (T2) On track
The problems we take off your plate
Event deposits
Deposits are recognized when the event is delivered, not when booked, so your income reflects reality.
Food inventory and costs
Ingredient inventory and cost of goods are tracked so your margin per event is clear.
Event staffing
Event and hourly staff are paid on schedule with source deductions remitted to CRA on time.
What’s included
One flat monthly price for incorporated Ontario caterers. Everything below is in it.
- Event and deposit bookkeeping
- Food inventory tracked
- Event and hourly payroll
- HST returns prepared and filed
- Year-end corporate tax (T2), included
| Area | A typical setup | With taxifi |
|---|---|---|
| Your books | Weeks or months behind | Current every day |
| Year-end (T2) | A spring scramble, billed extra | Included, no surprise invoice |
| Your accountant | Metered by the hour | Unlimited questions, flat monthly |
Common questions
Can you handle event deposits?
Yes. Deposits are recognized when the event is delivered, not when booked.
Do you work with incorporated caterers?
Yes. Incorporated catering businesses are a good fit.
Books and taxes for your catering business, done
One flat monthly price for Ontario businesses, scoped on a discovery call.
Book a discovery call