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.

hidden costs Archives

Your Restaurant’s Catering Contract Is Costing You More Than You Think

by David Monteith | Jun 1, 2026

Why the Catering Contract Your Restaurant Signs Is a Financial Liability TLDR Summary Event deposits received by restaurants are taxable for GST/HST purposes at the exact time they become non-refundable, not at the time of the event, which frequently causes...

While Competitors Close Their Patios, Yours Could Earn an Extra $15,000 This Fall.

by David Monteith | Aug 11, 2025

Your Patio Is an Untapped Goldmine. Here’s How to Earn an Extra $15,000 This Fall. Every year, I see the same pattern across restaurants in Canada. As soon as Labour Day passes and the first chill hits the air, the patio furniture gets stacked, covered, and forgotten....

Why Your Best Staff Keep Quitting (And How to Build a Restaurant Team That Stays)

by David Monteith | Jun 23, 2025

It’s a feeling every restaurant owner in Canada knows all too well. Your star server, the one who knows the regulars by name and can upsell without even trying, hands in their two weeks’ notice. Or your most reliable line cook, the one who keeps their cool during the...

Your Restaurant’s Catering Contract Is Costing You More Than You Think

While Competitors Close Their Patios, Yours Could Earn an Extra $15,000 This Fall.

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