Accounting for optometrists in Ontario
Optometry practices combine exam revenue with retail eyewear sales, which means both service and product bookkeeping plus inventory.
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taxifi · Optometrists
This month
- Bookkeeping Current
- Payroll & source deductions Filed
- HST Filed
- Year-end tax (T2) On track
The problems we take off your plate
Exams and eyewear are two businesses
Service revenue and retail eyewear sales are tracked separately, with inventory kept current, so margin on each is clear.
Frame and lens inventory
Inventory and cost of goods are tracked so your retail margin is real, not a year-end guess.
Clinical and retail payroll
Staff on both sides are paid on schedule with source deductions remitted to CRA on time.
What’s included
One flat monthly price for incorporated Ontario optometrists. Everything below is in it.
- Bookkeeping for exam revenue and retail eyewear sales
- Inventory tracked cleanly
- Payroll for clinical and retail staff
- 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 both exams and eyewear retail?
Yes. Service and product revenue are tracked separately, with inventory kept current.
Do you work with incorporated optometry practices?
Yes. Incorporated practices are a core fit.
Books and taxes for your optometry practice, done
One flat monthly price for Ontario businesses, scoped on a discovery call.
Book a discovery call