Accountant for Software Companies & SaaS
Specialized accounting, bookkeeping, and tax planning for software developers, SaaS companies, and tech startups.
1000+
Satisfied Clients & Partners
AFFORDABLE Accountants for Software Companies
Managing finances for a software company comes with unique challenges, from tracking research and development credits and software development costs to handling subscription revenue, payroll, and taxes.
At Gondaliya CPA, we provide affordable, accurate accounting and tax services tailored specifically for software businesses.
Our team helps software founders and small tech companies stay compliant, maximize tax savings, and maintain clear financial records so you can focus on building innovative products while we take care of the numbers.
Official Partner
Accounting That Understands Software & SaaS
Software companies face complex financial issues including fluctuating revenue streams, R&D credits, and payroll management for tech teams. Our accounting services are designed to handle these challenges efficiently and accurately.
Subscription Revenue Tracking
Ensure accurate recording of recurring and one-time software sales for clear financial insights.
R&D Tax Credit Optimization
Maximize tax savings by tracking eligible research and development expenses effectively.
Payroll for Tech Teams
Simplify payroll management for developers, designers, and other technical staff while staying compliant.
Actionable Financial Statements
Receive clear, understandable monthly and quarterly reports to guide business decisions.
Stay Compliant with SaaS Accounting Rules
Revenue Recognition for Software & SaaS
Call out IFRS 15/ASC 606 concepts including performance obligations, subscription revenue over time, and multi-element arrangements. We ensure your revenue is recorded accurately to reflect business performance and investor expectations.
Tax, GST/HST, and Cross-Border Issues
Cover corporate tax (T2), GST/HST, and complexities from selling to other provinces or countries. Our guidance helps prevent penalties and ensures tax-efficient structuring for domestic and international sales.
Audit- and Investor-Ready Financials
Emphasize clean statements, clear metrics, and documentation for due diligence. We prepare your books so investors, lenders, or auditors can review your financials with confidence.
Why Software Companies work with Gondaliya CPA?
Affordable SaaS Accounting Solutions
High-quality, specialized financial services that won’t break your budget.
Software Industry Savvy
Deep understanding of ARR, SaaS metrics, development cost capitalization, and tech-specific compliance.
Transparent & Tech-Driven
Cloud-first approach using the latest tools for accuracy and real-time visibility.
Growing with You
Scalable support—from bookkeeping to strategic CFO advice—as your software business evolves.
Fully Licensed CPA Ontario
500+ ★★★★★ Google Reviews
30-Day Money-Back Guarantee
60-Day Fees-Matching Policy
Accounting Services for Software & SaaS Companies
Free Resource: 50 Deductible Expenses for Software Companies
Comprehensive checklist of tax-deductible costs unique to Software Companies. PDF delivered instantly.
Case Studies
Early-Stage SaaS Startup
Problem: R&D expenses were not tracked properly.
Solution: Implemented proper accounting and R&D tax credit claims.
Results:
✅ $25K+ tax credits recovered
✅ Accurate monthly financials
✅ Freed founders to focus on product
Multi-Product Tech Company
Problem: Financial statements were not ready for investor review.
Solution: Cleaned books and prepared audit-ready statements.
Results:
✅ Funding-ready financials
✅ Tax compliant
✅ Streamlined reporting across teams
Subscription-Based App
Problem: Revenue recognition and payroll were inconsistent.
Solution: Standardized revenue tracking and payroll reporting.
Results:
✅ Clear monthly P&L
✅ On-time HST remittances
✅ Investors happy with reporting
We make managing your software company’s finances simple and stress-free. Our transparent process keeps you informed and investor-ready at every stage.
Here’s a simplified process approach:
Step 1
Free Consultation
We start with a no-obligation consultation to understand your business, financial needs, and growth goals.
Step 2
Accounting Setup
From bookkeeping systems to cloud-based tools, we set up your accounting infrastructure for accuracy, efficiency, and scalability.
Step 3
Monthly Bookkeeping & Reporting
We handle day-to-day bookkeeping, reconcile accounts, and deliver clear, easy-to-read reports so you always know your financial position.
Step 4
Tax Compliance & Filing
Stay compliant with CRA requirements—GST/HST, payroll, and corporate taxes—while avoiding penalties and surprises.
Get personalized advice for your company's taxes.
Transparent Pricing for Software Companies
Affordable Packages for Software Companies Accounting
We believe in clear, upfront pricing so you know exactly what to expect.
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 / 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
Meet Your Lead Software companies Tax Accountants
Google Reviews
See all on Google
Google Reviews
See all on GoogleSupporting Software Companies Across Ontario
Our team specializes in software company accounting, bookkeeping, and tax services across Toronto and the Greater Toronto Area (GTA), including Mississauga, Brampton, North York, Etobicoke, Scarborough, Vaughan, Markham, Richmond Hill, and Ottawa so you can focus on growth while we handle the numbers.
Toronto (ON)
168 Simcoe St Unit 1118, Toronto, ON M5H 4C9, 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)
Software Companies Accounting FAQs
Why do software companies need a specialized accountant?
Software companies have unique accounting needs including subscription revenue recognition, multi-element contracts, and cross-border sales. A specialized accountant ensures compliance with corporate tax rules, GST/HST, and accounting standards such as IFRS 15 or ASC 606. This expertise helps the company stay organized, avoid penalties, and make informed financial decisions.
What tax obligations do software companies in Canada have?
Software companies must file corporate income tax (T2) each year. They are also required to collect and remit GST or HST on sales depending on the province of their customers. Accurate bookkeeping helps ensure all taxes are reported correctly and on time.
Do software companies need to register for GST/HST?
Yes, any software company with taxable sales over $30,000 in a year must register for GST or HST. Registration allows you to charge tax to customers and claim input tax credits. Keeping track of sales across provinces is important for compliance.
How do I handle taxes for international customers?
International sales may not be subject to Canadian GST or HST but could be taxed in the customer’s country. Proper invoicing and documentation help avoid double taxation. Consulting a tax expert ensures you remain compliant in all jurisdictions.
Are there tax deductions available for software companies?
Yes, expenses such as software development costs, salaries, office rent, and professional services can be deducted. Keeping detailed records of all business expenses is essential. Deductions reduce taxable income and lower the overall tax burden.
How are employee salaries and contractor fees treated for tax purposes?
Salaries are deductible for corporate tax purposes, and payroll taxes must be remitted regularly. Contractor fees are also deductible if properly documented. Accurate reporting avoids penalties and ensures compliance with CRA rules.
What is the impact of R&D tax credits for software companies?
Software companies may qualify for Scientific Research and Experimental Development tax credits. These credits reduce federal and provincial taxes owed. Maintaining proper documentation of R&D activities is required to claim them.
How often should I file tax returns and remit taxes?
Corporate income tax is filed annually, while GST/HST is remitted monthly, quarterly, or annually depending on revenue. Payroll remittances are typically monthly or quarterly. Staying on schedule avoids interest and penalties.
Can software companies claim home office expenses?
Yes, if a portion of your home is used exclusively for business purposes, related expenses can be deducted. This includes utilities, rent, and internet costs. Accurate allocation between personal and business use is required.
How do I get started with Gondaliya CPA?
Getting started is simple. You can book a consultation through our website or contact our team directly by phone or email. During the consultation we discuss your accounting, bookkeeping, and tax needs and create a plan tailored to your software company.
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