Accounting for event planners in Ontario
Event planners take deposits far ahead of events, pass through vendor costs, and see seasonal, lumpy revenue, so deferred revenue and cash flow are the crux.
CRA EFILE authorized · Data stored in Canada · Every file reviewed by an accountant
taxifi · Event Planners
This month
- Bookkeeping Current
- Payroll & source deductions Filed
- HST Filed
- Year-end tax (T2) On track
The problems we take off your plate
Deposits taken far ahead
Client deposits are treated as deferred revenue and recognized when the event happens, so income isn't overstated.
Vendor costs passed through
Vendor pass-through is tracked so money you're just routing doesn't inflate your revenue.
Seasonal, lumpy income
We keep the books current so tax is set aside through the peaks and the quiet stretches alike.
What’s included
One flat monthly price for incorporated Ontario event planners. Everything below is in it.
- Deposit and deferred-revenue bookkeeping
- Vendor pass-through tracking
- HST returns prepared and filed
- Year-end corporate tax (T2), included
- Cash-flow-aware owner pay planning
| 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
How are deposits handled?
Client deposits are treated as deferred revenue and recognized when the event happens, so income isn't overstated.
Do you work with incorporated planners?
Yes. Incorporated event businesses are a fit.
Books and taxes for your event planning business, done
One flat monthly price for Ontario businesses, scoped on a discovery call.
Book a discovery call