Accountant for Distributors in Ontario and Across Canada
We amortize the exclusive-territory and distribution rights you paid for in Class 14 over the agreement term, or in Class 14.1 at 5% where the right has no end date, keep consignment stock off your balance sheet while valuing the goods you actually own at landed cost under section 10, match every manufacturer rebate, price-protection credit, co-op and market-development fund under paragraph 12(1)(x), charge HST on the full sale where you buy and resell and only on the commission where you act as agent, and withhold Part XIII tax with NR4 reporting on royalties paid to a non-resident manufacturer. Whether you are an exclusive regional distributor, a master distributor supplying dealers, a stocking industrial or parts distributor, a manufacturer’s representative on commission or a consumer-products line holder, we handle the inventory, rebate and HST accounting, the sales-rep commission payroll with WSIB, and plan the salary, dividends and eventual sale of your company — with AFFORDABLE flat fees.
AFFORDABLE Distributor Accountant
A distributor holds the Canadian or regional rights to a manufacturer’s product line and moves it to dealers, retailers and end users — and the books are shaped by three things: the distribution agreement, how the inventory is held, and the manufacturer money flowing back. If you buy and resell, you carry inventory under section 10 of the Income Tax Act at landed cost, report gross revenue and charge 13% HST on the full sale; if you act as a commission agent who never takes title, you report commission income and charge HST only on the commission, and a mixed model has to be split line by line. An exclusive territory bought for a lump sum is a Class 14 asset written off straight-line over the term, or Class 14.1 at 5% where it has no end date, while annual licence fees are current expenses and royalties to a non-resident manufacturer attract Part XIII withholding. Consignment stock belongs to the supplier until sold and does not sit on your balance sheet, and volume rebates, price protection, co-op advertising, market-development funds and warranty reimbursements are income or cost-of-goods reductions under paragraph 12(1)(x) with timing that CRA checks. That is why you need a specialist who knows the trade. At Gondaliya CPA, we specialize in distribution-rights CCA, inventory and consignment bookkeeping, manufacturer-allowance accounting and corporate tax planning for distributors, providing AFFORDABLE flat-fee support that keeps you CRA-compliant and stops you paying more tax than you owe.
As a distribution-company accountant, we work with exclusive regional distributors, master distributors, industrial and parts distributors, beverage and consumer-products line holders and manufacturer’s representatives across Ontario, with year-round support rather than a once-a-year scramble. We tell you plainly what you can deduct, what you cannot, and where the real margin sits on each product line and each dealer account.
Let us handle the numbers so you can focus on the work that actually pays you.
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Accounting That Understands How a Distribution Business Actually Works
Running a distribution business comes with financial pressures a desk-bound business never faces. You paid for territory rights that have to be amortized in the right class, you hold stocked goods, consignment stock, demo units and spare parts that each get a different treatment, you receive rebates, price protection and co-op money from the manufacturer that must be matched to the right period, and you sell to dealers across provinces and borders under different HST rules. At Gondaliya CPA, we understand the financial reality of a distributor and provide practical, trade-focused solutions across the GTA and all of Ontario.
Stay Compliant and Minimize Your Distribution Business Tax
For a distributor, staying onside with CRA and WSIB and paying the least legal tax are the same job. We keep every filing on schedule while claiming every inventory, rights and allowance dollar the T2 allows, so nothing is missed and nothing invites a reassessment.
Accounting & Tax Experts for Distributors
- AFFORDABLE + Fully Registered CPA Firm
- Business and Corporate Tax Expert
- Small & Medium Business Expert
- Accounting, bookkeeping, and tax filing
- Certified CPA
- 1300+ 5-star Google reviews
- 30-Day Money-Back Guarantee
- 60-Day Fees Matching Policy
Why Choose Our Accounting Services for Distributors?
Tax Planning — Distribution Rights & Fleet Expertise
We know the trade: exclusive-territory rights in Class 14 over the agreement term or Class 14.1 at 5%, delivery vans and forklifts in Class 10 at 30%, heavy trucks in Class 16 at 40%, racking in Class 8 at 20% and order-management software in Class 12. We set treaty-rate Part XIII withholding on royalties to your manufacturer and protect the $500,000 Small Business Deduction.
Consulting — Inventory, Consignment & Rebate Bookkeeping
Our bookkeeping values the goods you own at landed cost under section 10, keeps consignment stock off the balance sheet until sold, tracks demo units and spares separately, and matches volume rebates, price protection, co-op and market-development funds under paragraph 12(1)(x). We cost each product line so you see the real margin and tie HST to revenue.
CRA Representation — Inventory & Allowance Audit
When CRA reviews your inventory valuation, your consignment treatment, your manufacturer allowances or your buy-sell versus commission HST, we prepare the response, reconcile WSIB, and pursue relief on Form RC4288 where penalties came from a prior error.
Bookkeeping — Payroll, Credit & Sale
We run your sales-rep commission and warehouse payroll with WSIB and Employer Health Tax, accrue dealer incentives when earned, and get you ready to sell. We model the profit level where incorporating pays off and handle the eventual disposition of your company and its distribution rights.
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Distributor Clients
Distributor Tax and Accounting Services in Ontario
Corporate Tax Filing (T2) for Distributors
Professional T2 preparation with Schedule 8 CCA on your Class 14 distribution rights, vans and forklifts, section 10 inventory at landed cost with consignment excluded, and CRA compliance on every line.
Bookkeeping & Accounting for Distributors
Stocked and consignment inventory, manufacturer-rebate and dealer-incentive bookkeeping with financial statements, clean records, and monthly reporting built for a distributor.
Payroll Services for Distributors
Sales-rep commission and warehouse payroll with WSIB, PD7A remittances, T4s with box 42 commissions, and Employer Health Tax once payroll passes the $1 million exemption.
GST/HST Filing for Distributors
AFFORDABLE HST filing on product resale and commission income with place-of-supply rates, zero-rated exports, border-GST input tax credits and drop-shipment rules, matched to your T2 to avoid CRA penalties.
Tax Planning for Distributors
Smart tax planning to protect the Small Business Deduction, amortize distribution rights correctly, set treaty-rate Part XIII withholding, time fleet purchases, and plan salary, dividends and sale.
Corporate Catch-Up Filing for Distributors
File overdue T2 and HST years, rebuild missing inventory, rebate and commission records, and get back into CRA compliance with accurate catch-up support.
CRA Audit Resolution for Distributors
Expert support for inventory, consignment, manufacturer-allowance and HST audits, with landed-cost and buy-sell versus agency reviews handled with confidence.
CPA Financial Statements (Notice to Reader) for Distributors
CPA-compiled financial statements that inventory lenders and banks accept for your distribution corporation.
Incorporation Services for Distributors
Full incorporation including NUANS, articles, share structure, and the section 85 rollover of your distribution rights and inventory from your unincorporated business.
Catch-Up Bookkeeping Services for Distributors
We rebuild months of missing inventory, consignment, rebate and commission records and landed-cost postings so your distribution books are current and CRA-ready.
US Corporation & LLC Tax Filing for Distributors
Cross-border filing for distributors selling into the United States or holding a US selling entity, covering US corporation and LLC returns, treaty positions and 1120/1120-F obligations on your export income.
Voluntary Disclosure Program for Distributors
We file a VDP disclosure to correct unreported rebate income, missed HST on dealer sales, unwithheld Part XIII tax or unfiled T2 years before CRA contacts you, cancelling penalties and reducing interest.
Accounting & Tax Services Tailored for Distributors
Real, practitioner-level CPA expertise for exclusive regional distributors, master distributors, industrial and parts distributors, consumer-products line holders and manufacturer’s representatives across Ontario — built for how a distribution business actually runs.
- We prepare your T2 with GIFI on Schedule 100 and Schedule 125, separating product resale revenue from commission income and manufacturer rebates in QuickBooks Online, so CRA’s automated matching never flags the file; on one distributor correct line coding reversed a $19,000 assessment.
- We claim capital cost allowance on Schedule 8, placing an exclusive-territory right with a fixed term in Class 14 and writing it off straight-line over the agreement; on one $250,000 ten-year right this replaced a disallowed one-year expense and averted a $30,000 reassessment.
- We place indefinite distribution rights in Class 14.1 at 5%, delivery vans and forklifts in Class 10 at 30%, heavy trucks in Class 16 at 40% and racking in Class 8 on Schedule 8; reclassifying one $60,000 truck added $6,000 of first-year CCA.
- We value the goods you own as section 10 inventory at landed cost including freight-in, duty and brokerage in Xero, and keep consignment stock off the return because CRA reassesses inflated stock; removing $180,000 of supplier-owned goods on one file corrected taxable income.
- We report volume rebates, price-protection credits and co-op funds under paragraph 12(1)(x) in the year received or apply them against inventory cost, tracked in Xero, because unreported allowances are the first thing CRA matches; one review matched $65,000 of credits correctly.
- We post product resale revenue, commission income, dealer sales and manufacturer allowances to separate accounts in QuickBooks Online, giving the six years of records section 230 requires; on one distributor this surfaced $24,000 of unbilled dealer shipments.
- We track stocked inventory at landed cost in Cin7 Core synced to Xero and reconcile it to a physical count at year-end, so cost of goods on your T2 reflects only what you owned and sold; one count corrected a $33,000 overstatement.
- We keep consignment stock in a Cin7 Core memo register outside the balance sheet until title passes on sale, because the goods belong to the manufacturer and CRA reassesses a section 10 valuation that includes them; one file dropped $120,000 wrongly carried as inventory.
- We capture every supplier and freight invoice through Dext, so the 13% input tax credit on inventory, warehouse rent and delivery fuel, and the GST paid at the border, is claimed on line 108 of your HST return; one cleanup recovered $11,200 of ITCs.
- We build supplier-allowance schedules for rebates, price protection, co-op and warranty reimbursements and accrue dealer incentives when earned in QuickBooks, so paragraph 12(1)(x) income lands in the right year and product-line margin is visible; one file revealed $28,000 sold below landed cost.
- We set up sales-rep and warehouse payroll in Wagepoint, withholding income tax, CPP and EI on salary and commissions and remitting on the PD7A by the 15th, so a busy month never eats CRA’s 10% late-remittance penalty, which on a $12,000 remittance costs $1,200.
- We register your WSIB coverage in the wholesale and distribution rate group, mandatory once you employ warehouse and delivery staff, and file premiums in Wagepoint reconciled to your T4 Summary; one registration avoided a $14,000 back-assessment going back two years.
- We calculate commissions from the dealer sales ledger in QuickBooks and pay them through Wagepoint with source deductions, because commission paid outside payroll is reassessed as unreported employment income with penalties; on one file this closed a $9,500 exposure.
- We prepare and file the T4 and T4 Summary slips, reporting commissions in box 42, from your Wagepoint records by the last day of February, avoiding the per-slip penalty CRA applies to late filings; on one 25-employee distributor that exposure reached $2,500.
- We manage Ontario Employer Health Tax once annual payroll passes the $1,000,000 exemption, file it alongside the T4 Summary, and reconcile everything to the PD7A in Wagepoint; on one growing distributor this caught $3,900 of unremitted EHT.
- Where you buy and resell, HST at 13% applies to the full sale; where you act as commission agent, HST applies only to your commission, so we set the right code for each contract in QuickBooks; one review found $14,600 charged on the wrong base.
- We apply the place-of-supply rules under the Excise Tax Act so shipments to dealers in Alberta carry 5% GST and shipments to Nova Scotia the local HST rate, and we zero-rate exports with shipping proof; one correction saved $7,800 of over-remitted tax.
- We recover the GST paid to CBSA on imported inventory as an input tax credit on line 108 in the period the B3 accounting document is issued, reconciled in Xero; on one distributor this released $16,300 of border tax sitting unclaimed in cost of goods.
- We apply the drop-shipment rules in section 179 of the Excise Tax Act when you deliver goods in Canada on behalf of a non-resident manufacturer, obtaining the drop-shipment certificate so the sale is not taxed twice; one certificate prevented a $12,000 assessment.
- We reconcile the HST on your returns to the revenue on your T2 every filing period, because CRA’s matching program compares the two and a distributor whose figures disagree is pulled fast for a costly audit; one reconciliation pre-empted a $17,000 reassessment.
- We set the salary-versus-dividend mix, paying enough T4 salary to build RRSP room while the balance flows as dividends, so combined tax stays near the 12.2% Ontario small-business rate under section 125; on one owner this deferred $24,000.
- We keep active income under the $500,000 Small Business Deduction limit using section 125 and, where rebates and dealer sales push past it, time bonus accruals and Class 14 amortization in QuickBooks; on one distributor this held $80,000 at the 12.2% rate and saved $11,000.
- We apply the Canada-US treaty to reduce Part XIII withholding on royalties paid to your non-resident manufacturer from 25% to the treaty rate, file the NR4 return by March 31 and hold the NR301 form; on one $100,000 royalty this saved $15,000 of withholding.
- We time your van, forklift and truck purchases before fiscal year-end so the half-year rule and the Class 10 and Class 16 rates on Schedule 8 give the largest first-year deduction; on one $140,000 fleet buy this pulled forward $28,000 of CCA.
- We plan at least two years ahead so your shares qualify for the $1.25M Lifetime Capital Gains Exemption under section 110.6 claimed on Form T657, purifying the company of non-active assets so selling your distribution business defers tax; one purification protected $320,000 of gain.
- We reconstruct product resale revenue, commission income and manufacturer allowances from bank deposits, dealer statements and supplier remittance advices where no bookkeeping exists across your unfiled T2 years, rebuilding them in QuickBooks so CRA cannot arbitrarily assess; one rebuild cut a $48,000 estimate.
- Late filing costs 5% of the balance owing plus 1% per month up to twelve months under subsection 162(1), so we file your oldest unfiled T2 first to stop the penalty compounding; on one distributor this limited penalties to $6,900.
- We file the missing HST returns and reconcile in QuickBooks the 13% you charged on dealer sales, and the HST on commissions, against what you remitted under the Excise Tax Act, so CRA cannot assess back tax; one catch-up cleared a $15,200 shortfall.
- We rebuild the undepreciated capital cost pools across the unfiled years in Xero so missed CCA on Class 14 distribution rights, Class 10 vans and forklifts at 30% and Class 8 racking is recovered on Schedule 8; on one file this restored $21,000 of depreciation.
- We file the NR4 returns and remit the Part XIII tax never withheld on royalties paid to your foreign manufacturer across the missed years, because the payer is liable for the tax plus a 10% penalty; one catch-up settled $9,000 before CRA assessed it.
- When CRA opens an audit, we manage the file and answer the section 10 inventory and paragraph 12(1)(x) allowance queries inside the deadlines from QuickBooks, so a one-year review does not expand into three; on one file this contained $35,000 of exposure.
- When CRA argues your consignment stock is section 10 inventory, we prove title retention with the distribution agreement, the supplier’s consignment statements and the Cin7 Core memo register, because inventory added back cannot be reversed later; one review defended a $180,000 exclusion.
- We defend your buy-sell versus agency treatment when CRA claims 13% HST should have been charged on the full sale rather than the commission, presenting the agreement and the QuickBooks invoicing trail; on one manufacturer’s representative we reversed a $22,000 assessment.
- We answer landed-cost and cost-of-goods reviews with the section 10 lower-of-cost-or-NRV valuation, B3 customs entries, freight invoices and physical counts from Dext and Cin7 Core, because a deduction disallowed for missing records is lost; one review protected $31,000.
- We file the Notice of Objection on Form T400A within 90 days of a reassessment under subsection 165(1) and pursue taxpayer relief on Form RC4288 where a prior accountant’s error caused penalties; on one distributor this cancelled $8,400 of penalties.
- We prepare the CSRS 4200 compilation engagement financial statements, the Notice to Reader an inventory lender requires across two fiscal years, tied to the T2, before approving the $250,000 operating line secured on your stocked goods and dealer receivables.
- Your compiled statement of financial position presents stocked inventory at landed cost under section 10 with consignment excluded, and your Class 14 distribution rights at net book value, giving a lender what a bare T2 cannot; one file unlocked $175,000 of financing.
- We build the statement of operations with product resale revenue, commission income, manufacturer allowances and cost of goods classified consistently in QuickBooks across two years and tied to the T2, so a lender approves the facility; one file supported an $85,000 credit line.
- The CSRS 4200 communication discloses that no audit or review was performed, and without it the Business Development Bank of Canada rejects the working-capital loan your business needs to carry its section 10 inventory float; one NTR unlocked $100,000.
- We deliver the compiled statements within 30 days of receiving your records and the year’s T2 figures, because a financing approval collapses when the conditional offer expires; on one deal timely delivery saved a $150,000 Class 16 truck and warehouse-racking lease.
- We incorporate your business under the Ontario Business Corporations Act, giving you limited liability, a defined share structure and the 12.2% small-business rate on the first $500,000 under section 125, filed on your first T2; on one owner this saved about $22,000.
- We complete the section 85 rollover on Form T2057, transferring your distribution rights, inventory, vans, racking and goodwill into the corporation at elected amounts, deferring the capital gain and recapture CRA would tax on a straight sale; on one distributor this deferred $54,000.
- We assign the distribution agreement to the new corporation with the manufacturer’s written consent, so the Class 14 right sits in the company that earns the income, because CRA denies CCA on a right left in personal hands; one assignment protected $25,000 of CCA.
- We open the corporation’s CRA Business Number, HST, payroll and non-resident withholding accounts within the first 30 days, set the PD7A schedule in QuickBooks, and close the old accounts so you never remit the same revenue twice; one setup prevented a $5,100 double-remittance.
- We structure the share classes and set the first fiscal year-end up to 53 weeks after incorporation, so dividends split among family shareholders and the first T2 balance-due date is deferred; one distributor freed $19,000 for new Class 8 warehouse racking.
- We rebuild your unreconciled dealer sales, commission income and manufacturer allowances from remittance advices, dealer statements and bank deposits in QuickBooks Online, restoring the section 230 record trail; on one distributor this recovered $16,000 of unrecorded rebate credits across two years.
- We reconstruct the section 10 inventory you never tracked at landed cost in Cin7 Core, separating consignment stock, demo units and spare parts, so cost of goods on each catch-up year reflects only goods actually owned and sold; one rebuilt count corrected a $27,000 overstatement.
- We rebuild the Class 14 distribution-rights, Class 10 van and Class 8 racking CCA pools that went unposted, capturing missed amortization and depreciation in Xero; on one file this restored $17,500 of undepreciated capital cost on Schedule 8.
- We separate the GST paid at the border and the HST on freight, warehouse rent and supplies across the missing months and capture it through Dext, because unposted B3 entries and invoices lose recoverable tax; one cleanup reclaimed $8,300 of credits on line 108.
- We catch up sales-rep commission and warehouse payroll postings in Wagepoint and reconcile the PD7A remittances, WSIB premiums and T4 wages that fell behind, so box 42 commissions and EHT tie out before CRA matches them; one catch-up corrected $4,700 of misposted source deductions.
- We file the US Form 1120-F return your corporation needs when selling product into the United States creates a US trade or business, reporting effectively connected income and claiming protection under the Canada-US tax treaty; one filing avoided $18,000 of default assessment.
- We apply the Canada-US treaty so your US-source distribution profits are not taxed twice, filing the Form 8833 treaty-based disclosure and claiming foreign tax credits on Schedule 21 of your Canadian T2 for US tax actually paid; one claim recovered $7,200 CRA had initially denied.
- We handle the US LLC filings where you hold a US selling entity for the American territory, reconciling its pass-through income to your Canadian T2 and defusing the hybrid-entity mismatch under Article IV of the treaty that CRA scrutinizes; one restructuring saved $12,000.
- We manage state nexus and US sales-and-use tax once your dealer shipments cross the border regularly, registering in QuickBooks only in states where sales volume passes the $100,000 economic-nexus threshold, so state auditors find nothing to assess; one review cut $6,500 of needless registrations.
- We coordinate withholding and W-8BEN-E certification for your Canadian corporation, so US customers and the manufacturer’s US parent do not withhold the 30% flat tax where the treaty reduces or eliminates it; on one distributor this released $9,800 held back at source.
- We file your Voluntary Disclosures Program application on Form RC199 under subsection 220(3.1) before CRA contacts you, because a disclosure accepted under the general program cancels penalties in full and grants 50% interest relief; on one distributor this waived $10,800.
- We disclose manufacturer rebates, price-protection and co-op credits that never reached your returns, presenting supplier remittance statements and corrected paragraph 12(1)(x) income so you earn VDP relief instead of a gross-negligence penalty of up to 50% of the tax owing; one disclosure covered $40,000.
- We correct HST never charged or remitted on dealer sales, or charged on the commission when the full sale was taxable, through the disclosure, reconciling the 13% shortfall under the Excise Tax Act so you regularize without wilful-default penalties; one file settled $13,000.
- We fold unwithheld Part XIII tax on royalties paid to a non-resident manufacturer, missing NR4 returns and consignment stock wrongly carried as inventory into the VDP submission, so the correction is complete and CRA cannot reopen the same years; one submission covered $9,200 of withholding.
- We confirm your disclosure is voluntary, complete and at least one year overdue as subsection 220(3.1) requires, filing Form RC199 before any audit letter arrives, because a business that comes forward only after CRA makes contact loses all relief; timely filing saved one owner $8,900.
Distributor Tax & Inventory Check
Six quick questions on your consignment stock, distribution-rights amortization, manufacturer rebates, withholding on foreign payments, landed-cost inventory and whether it is time to incorporate. No fee shown.
1. Is consignment stock excluded from the inventory on your balance sheet?
2. Are your distribution or territory rights amortized in Class 14 or Class 14.1 rather than expensed?
3. Are manufacturer rebates, price protection and co-op credits matched to the right period?
4. Are you withholding Part XIII tax on royalties or fees paid to a foreign manufacturer?
5. Is freight-in, duty and brokerage captured in the landed cost of your inventory?
6. Is your distribution business incorporated?
Free CPA Consultation for Distributors
Case Studies: Distributor Accounting & Tax
Vaughan Industrial-Equipment Distributor — Consignment Stock & Territory Rights
The problem: A Vaughan industrial-equipment distributor was carrying $200,000 of consignment stock owned by its European manufacturer as its own inventory, and had expensed a $250,000 exclusive Ontario territory right in the year it was paid. Price-protection credits from the manufacturer were netted into sales whenever the cheque arrived, so the T2 overstated inventory, understated income in one year and overstated it in the next, and a CRA review letter had already arrived.
What we did: We removed the consignment stock from the balance sheet and moved it to a memo register, set the territory right up in Class 14 amortized straight-line over the ten-year agreement, and matched the price-protection credits to the inventory they related to under paragraph 12(1)(x).
The result:
- Removed $200,000 of supplier-owned stock from inventory
- Territory right amortized correctly in Class 14
- Five-figure tax swing and a clean CRA review
Mississauga Consumer-Products Distributor — Incorporation & Part XIII Withholding
The problem: A Mississauga consumer-products distributor was running unincorporated, so strong dealer margins landed on the owner’s personal return at Ontario’s top 53.53% rate with no way to defer the surplus. Royalties were being paid to the US manufacturer with no Part XIII withholding and no NR4 return, leaving the owner personally liable for the tax, and the GST paid at the border on every container was sitting in cost of goods unclaimed.
What we did: We incorporated the business and moved the distribution rights, inventory and goodwill across on a section 85 rollover, applied the $500,000 Small Business Deduction so active income is taxed near 12.2%, set treaty-rate withholding with NR301 and NR4 filing, and claimed the border GST as input tax credits.
The result:
- Recovered $21,000 of border GST as input tax credits
- Cut the combined tax bill materially at the 12.2% rate
- Part XIII withholding exposure closed
Ottawa HVAC-Parts Distributor — Rebates, Incentives & Landed Cost
The problem: An Ottawa HVAC-parts distributor was netting volume rebates, co-op advertising, warranty reimbursements and dealer incentives straight into sales, so the margin on each product line was invisible. Inventory was carried at invoice price with freight-in, duty and brokerage expensed as they arrived, dealer incentives were booked only when paid, and no one could say which lines actually made money at year-end.
What we did: We built supplier-allowance schedules for each manufacturer program, set up dealer-incentive accruals so incentives are recognized when earned, and rebuilt the inventory at landed cost under section 10 in QuickBooks Online with a separate register for demo units and spares.
The result:
- Rebates, co-op and warranty reimbursements tracked by program
- Inventory carried at landed cost under section 10
- Dealer incentives accrued when earned; clean, audit-ready books
Our clear, efficient process ensures every step is transparent, building trust and long-term client relationships.
Kickoff (Document Request)
Collect prior T2 returns, distribution agreements, inventory and consignment reports, manufacturer rebate and co-op statements, dealer sales ledgers, customs entries, fleet list, payroll and commission records, and bank statements.
First 30 Days (Cleanup & Setup)
Set up QuickBooks Online or Xero, build the landed-cost inventory and consignment registers, classify distribution rights and fleet CCA, set up supplier-allowance and dealer-incentive schedules, and configure payroll, commission and WSIB tracking.
Monthly Close
Monthly reconciliations, receipt capture, product-line margin costing, HST on resale and commission income with border-GST credits, and inventory and consignment tracking.
Quarterly Planning Review
Salary and dividend mix, HST and place-of-supply review, inventory and rebate review, Part XIII withholding and NR4, and fleet purchase timing.
Year-End Close & T2 Filing
Trial balance, financial statements with landed-cost inventory and distribution rights, T2 with GIFI, and CRA preparation.
Get Your Distribution Business Taxes Done Right Today
Affordable Pricing for Distributors
We believe in clear, upfront pricing so you know exactly what to expect. All fees include HST.
- Tax Preparation (Corporation) — From $400
- Tax Return Filing (Corporation) — From $400
- Tax Compliance Audit — FREE CRA audit support for our clients
- Tax Strategy — FREE for our clients
- Accounting Base Plan — From $100 per month
- Bookkeeping Management — Free for our Accounting clients
- Financial Reporting — Free for our Accounting clients
- Business Formation — Flat $35
- Incorporation Process — Flat $35
- Entity Setup Assistance — Flat $35
- Full-Service Payroll — From $125 per month
Payment is by Interac e-Transfer to info@gondaliyacpa.ca only. Security question: Not Applicable, as auto-deposit is enabled.
Meet Your Lead Distributor Accountant
Meet your lead distributor accountant. As your trade and corporate tax adviser, you deal with the same two people every year.
What Our Clients Say
1300+ five-star reviews from distribution and product-line business owners across Ontario and Canada.
Serving Distributors Across Ontario
Our CPA team provides specialized accounting and tax solutions for distributors throughout Ontario. We understand how distribution-rights amortization, stocked and consignment inventory, manufacturer rebates and co-op funds, buy-sell versus agency HST and non-resident withholding actually flow through a distribution business, what CRA looks at on a distribution file, and how to put your rights, inventory and allowances in the right place.
Toronto (ON)
55 Queen St E Ste 1205, Toronto, ON M5C 1R6, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Mississauga (ON)
5373 Bullrush Dr, Mississauga, ON, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Brampton (ON)
4 Starhill Crescent, Brampton, ON L6R 2P9, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Scarborough (ON)
24 Clementine Square, Scarborough, ON M1G 2V7, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Vaughan (ON)
19 Cabinet Crescent, Woodbridge, ON L4L 6H9, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Oshawa (ON)
210 Durham St, Oshawa, ON L1J 5R3, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Ottawa (ON)
2090 Neepawa Ave a314, Ottawa, ON K2A 3L6, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Etobicoke (ON)
60 Stevenson Rd #1601, Etobicoke, ON M9V 2B4, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Hamilton (ON)
70 Starling Dr, Hamilton, ON L9A 0C5, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Guelph (ON)
1155 Gordon St, Guelph, ON N1L 1S8, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Windsor (ON)
4387 Guppy Ct, Windsor, ON N9G 2N8, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
North York (ON)
150 Graydon Hall Dr #912, North York, ON M3A 3B2, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Distributor Accounting & Tax FAQs
Related Industries We Serve
Wholesale Businesses
- Inventory, landed cost and HST on bulk sales
- Warehouse and fleet CCA
- Corporate tax planning and bookkeeping
Electronics Resellers
- Vendor rebates and price protection
- Inventory, returns and HST
- Corporate tax filing and bookkeeping
Small Businesses
- Corporate tax planning for small businesses
- Business tax filing and financial statements
- Payroll and bookkeeping services
Incorporated Businesses
- T2 corporate returns and GIFI
- Salary, dividend and SBD planning
- Compilation statements and incorporation
Distributor Accounting & Tax Done Right.
T2 filing, HST on product resale and commission income with place-of-supply rules and zero-rated exports, Class 14 distribution-rights amortization, stocked inventory at landed cost with consignment excluded, manufacturer rebates and co-op under paragraph 12(1)(x), Part XIII withholding and NR4 reporting, fleet CCA and sales-rep payroll with WSIB under one roof. AFFORDABLE flat fees, no hourly billing. Licensed CPA Ontario. 1300+ five-star reviews. 30-Day Money-Back Guarantee.