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.

Restaurant Archives - Accountific

How Community Partnerships Drive Profit & Lasting Success for Your Restaurant

by David Monteith | May 26, 2025

Why Your Restaurant Belongs at the Heart of the Community The Canadian foodservice sector stands as a formidable economic pillar, a colossal $114-billion industry that directly employs 1.2 million individuals and serves 22 million customers every single day....

How Strategic Waste Management Boosts Your Restaurant’s Resilience and Revenue

by David Monteith | May 19, 2025

Introduction: The Unseen Drain on Your Restaurant’s Success Canadian restaurants face a significant and often overlooked challenge: food waste. This issue negatively impacts both their profitability and the environment. Rising food costs and the sheer volume of...

Is Fractional Bookkeeping the Future of Restaurant Finance? David Monteith Weighs In on The Late Night Restaurant Show

by David Monteith | Mar 17, 2025

In a revealing interview on the “Late Night Restaurant Show,” David Monteith, founder of the innovative Canadian bookkeeping firm Accountific, delivered a masterclass in modern restaurant finance. The discussion, hosted by Jay Ashton, Dominic Pedulla, and...

Is Fractional Bookkeeping the Future of Restaurant Finance? David Monteith Weighs In on The Late Night Restaurant Show

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