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.

financial ratios Archives

Why Your Restaurant POS System Is Lying to You About Your Actual Sales

by David Monteith | May 18, 2026

TLDR: The Data-Driven Framework for Restaurant Survival: Mastering Prime Cost and Menu Engineering Canadian restaurant operators frequently rely on point-of-sale terminals to measure daily financial success. These terminals exclusively report gross revenue, completely...

Uncover Your Restaurant’s Financial Red Flags Before They Become a Death Sentence

by David Monteith | Oct 20, 2025

Stop Running Your Restaurant on Gut Feel You make a hundred decisions a day based on instinct. You know when the kitchen is in the weeds just by the sound. You can feel the energy of the dining room. Your gut has gotten you this far, and it’s an essential tool for any...

How 3 Financial Reports Put You in Control of Your Restaurant’s Future

by David Monteith | Jul 28, 2025

For many in the Canadian food and beverage industry, the journey began with a passion for culinary arts, the dream of a bustling dining room, or the satisfaction of crafting memorable experiences. The daily grind of managing staff, perfecting menus, and delighting...

Why Your Restaurant POS System Is Lying to You About Your Actual Sales

Uncover Your Restaurant’s Financial Red Flags Before They Become a Death Sentence

How 3 Financial Reports Put You in Control of Your Restaurant’s Future

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