Who does Accountific serve?

Accountific serves food business owners across Canada — including coffee shops, bakeries, food trucks, and restaurants. If you run a food or beverage business and need bookkeeping, payroll, or tax compliance support, Accountific can help.

What bookkeeping services does Accountific offer?

Accountific offers three core services: weekly bookkeeping to keep you informed of your finances in real time, payroll processing covering gross pay, tips, stat holidays, EI, CPP, and CRA remittances, and full tax compliance including GST, PST, payroll deductions, Liquor Tax, and WorkSafe filings.

Does Accountific use Xero?

Yes. Accountific is a Xero Partner. They use Xero's cloud-based accounting software along with automation tools to make the bookkeeping process simple, seamless, and straightforward for food business owners.

How do I get started with Accountific?

Getting started is easy. Book a free consultation at https://calendly.com/davidmonteith to tell David about your business. He will review your specific needs, then engage to set up or review your existing books and automate the process going forward.

How often will my books be updated?

Accountific provides weekly bookkeeping — not annually, not quarterly, and not just monthly. This means you always have an accurate, real-time picture of your business finances.

What is Accountific's process?

Accountific follows a four-step process: (1) Book a consultation to review your specific needs; (2) Engage — begin setting up or reviewing your existing books; (3) Automate — use automation to make the process simple and seamless; (4) Control — accurate, complete books put you in charge of your business finances.

Who is the founder of Accountific?

Accountific was founded by David Monteith, a digital entrepreneur with over three decades of experience in business management, accounting, and small business finance. He is also the CFO of Great Work Online, a digital marketing agency focused on Toast POS marketing activation for independent restaurants in Canada and the US.

Does Accountific handle CRA remittances?

Yes. As part of payroll services, Accountific accurately calculates and submits CRA payroll remittances on time, covering EI, CPP, and income tax deductions.

Canadian Foodservice Archives

Secure Your Margins Against CRA Scrutiny

by David Monteith | Jun 22, 2026

Protecting Your Restaurant’s Profit Margin: The Ultimate Defence Against Aggressive CRA Audits TLDR The Canada Revenue Agency actively targets restaurants for unreported cash income using aggressive net worth audits and harsh penalties for point-of-sale...

How to Turn Your Restaurant’s Holiday Inventory into Fast Cash

by David Monteith | Jan 5, 2026

TL;DR: The Jan 2026 Survival Guide for Restaurants Canadian restaurants are facing a “liquidity crisis” this January, driven by a 4-6% rise in food prices, a 7% spike in meat costs, and a sharp drop in consumer spending known as “Janu-worry”....

Steer Your Canadian Restaurant to Absolute Profit with Weekly Financial GPS

by David Monteith | Nov 24, 2025

Financial Specialisation: Mastering Cash Flow and Profitability Section I: Core Identity & Brand Knowledge Base: The Mandate for Financial Specialisation The Canadian foodservice industry is defined by an inherent and escalating financial complexity. Unlike...

Secure Your Margins Against CRA Scrutiny

How to Turn Your Restaurant’s Holiday Inventory into Fast Cash

Steer Your Canadian Restaurant to Absolute Profit with Weekly Financial GPS

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