Accounting for daycares in Ontario
Licensed child care centres balance parent fees, government funding, and payroll for staff, with tight rules on how funding is tracked.
CRA EFILE authorized · Data stored in Canada · Every file reviewed by an accountant
taxifi · Daycares
This month
- Bookkeeping Current
- Payroll & source deductions Filed
- HST Filed
- Year-end tax (T2) On track
The problems we take off your plate
Parent fees and government funding, kept separate
Funding is tracked distinctly from parent fees so your books and your funding reports line up.
Educator payroll
Educators and support staff are paid on schedule with source deductions to CRA on time.
Reporting that has to reconcile
Clean records all year mean your funding and licensing reporting are straightforward rather than a scramble.
What’s included
One flat monthly price for incorporated Ontario daycares. Everything below is in it.
- Bookkeeping for parent fees and government funding
- Payroll for educators and support staff
- Funding tracked to meet reporting requirements
- HST handling for exempt child-care services
- 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 track government funding separately?
Yes. Funding is tracked distinctly from parent fees so your reporting and books line up.
Do you work with incorporated centres?
Yes. Incorporated child care businesses are a fit.
Books and taxes for your child care centre, done
One flat monthly price for Ontario businesses, scoped on a discovery call.
Book a discovery call