Accounting for restaurants in Ontario
Restaurants run on thin margins, daily sales across cash, card, and delivery apps, food and liquor inventory, and a mix of tipped and hourly staff.
CRA EFILE authorized · Data stored in Canada · Every file reviewed by an accountant
taxifi · Restaurants
This month
- Bookkeeping Current
- Payroll & source deductions Filed
- HST Filed
- Year-end tax (T2) On track
The problems we take off your plate
Reconciling every payment channel
Cash, card, and delivery-app payouts rarely match your sales on their own. We reconcile Uber Eats, DoorDash, and SkipTheDishes to your POS so nothing is double-counted or missed.
Food and beverage inventory
Inventory and cost of goods are tracked so you can see real margin, not just what's left in the bank.
Tipped and hourly payroll
Tipped and hourly staff are handled with source deductions remitted to CRA on time and T4s ready at year-end.
HST on a thin margin
Returns are prepared and filed on your schedule, with input tax credits captured so you keep every dollar you're owed.
What’s included
One flat monthly price for incorporated Ontario restaurants. Everything below is in it.
- Daily sales reconciled across POS, card, and delivery apps
- Food and beverage inventory tracked
- Payroll for tipped and hourly 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 reconcile my delivery-app payouts?
Yes. Uber Eats, DoorDash, and SkipTheDishes payouts are reconciled to your sales so nothing is double-counted or missed.
Do you handle tipped payroll?
Yes. Tipped and hourly staff are handled with source deductions remitted to CRA on time.
Books and taxes for your restaurant, done
One flat monthly price for Ontario businesses, scoped on a discovery call.
Book a discovery call