Restaurant Accounting Services

Tax Accountant for Restaurant Owners

Helping Restaurants, Cafés, and Food Operators Manage Finances, Stay Compliant, and Maximize Profit

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AFFORDABLE Accountant for Restaurants

Managing a restaurant means juggling fast-paced operations, tight margins, and constantly changing payroll and tax obligations. At Gondaliya CPA, we provide bookkeeping, accounting, and tax services designed specifically for foodservice businesses, whether you operate a dine-in restaurant, quick-serve spot, ghost kitchen, bar, café, or catering company.

We help you stay in control of inventory costs, payroll, HST filing, vendor payments, tip reporting, cash flow, and year-end tax planning so you can focus on serving great food while we keep your financials accurate, compliant, and stress-free.

With our dedicated restaurant accounting support, you get clarity in your numbers and confidence in every business decision.

Official Partner

Accounting That Understands Your Restaurant

Restaurants operate on tight margins, high transaction volumes, and constant cash flow pressure. We understand tip reporting, HST on food and alcohol, POS reconciliations, payroll for hourly staff, and inventory cost control. Our accounting approach helps restaurant owners stay compliant, control food and labour costs, and make confident decisions as they grow.

Food and beverage cost control

Track ingredient spending and reduce waste so your food cost stays profitable.

Labour, tips, and payroll complexity

Manage staff wages, tips, and payroll rules without errors or compliance issues.

Sales tax for dine-in, delivery, and catering

Apply the right tax rates and filing rules for every type of restaurant sale.

Clear and reliable weekly/monthly P&L

Get simple, accurate financial reports that show exactly how your restaurant is performing.

Stay Compliant While You Grow

HST, Payroll, and Restaurant Record‑Keeping

Stay on top of HST, payroll, tips, and daily sales records. Ensure accurate reporting to remain CRA-compliant and avoid penalties.

Corporate Tax and Owner Compensation

Manage T2 filing, owner salary/dividends, and avoid year-end tax surprises. Plan strategically to optimize taxes and retain more profit.

Audit‑Ready Books for Landlords and Lenders

Keep clean financials for leases, loans, and potential buyers. Present professional, organized records to support business growth and financing opportunities.

Why Restaurants Choose Gondaliya CPA

Hospitality-Specific Accounting

We understand restaurant cost structures, POS systems, food inventory, and fluctuating labor expenses—ensuring your books reflect your reality.

HST & Payroll Made Easy

We handle tip allocation, wage compliance, and accurate HST filings, so you avoid penalties and stay CRA-compliant.

Bookkeeping Built for Busy Operators

We automate reconciliations and reporting, giving you a clear view of your profits, losses, and break-even points each month.

Risk Mitigation

Our proactive approach to risk assessment and management ensures your business is prepared to face challenges with resilience.

Fully Licensed CPA Ontario

500+ ★★★★★ Google Reviews

30-Day Money-Back Guarantee

60-Day Fees-Matching Policy

Our Restaurant Bookkeeping, Accounting & Tax Services

Corporate Tax Filing for Restaurants

Professional Corporate tax preparation and return filing, ensuring accuracy and CRA compliance.

Accounting & Bookkeeping for Restaurants

Reliable bookkeeping and accounting with financial statements, records, and reporting.

Corporate Tax Planning for Restaurants

Smart Corporate tax planning to optimize savings, reduce liabilities, and maintain compliance.

CPA Compilation Report (Notice to Reader) for Restaurants

Deliver clear CPA Compilation Reports (Notice to Reader) for reliable financial insights.

Trust and Estate Tax Returns (T3) for Restaurants

Expert preparation of T3 returns to ensure compliance and minimize taxes for trusts and estates.

Corporate Tax Cleanup for Restaurants

Resolve past corporate tax issues and bring your filings fully compliant and up to date.

CRA Audit Resolution Services for Restaurants

Expert support to handle Canada Revenue Agency audits, disputes, and negotiations with confidence.

Resident Director (Nominee Director) Services for Restaurants

Provide qualified Nominee Director and Resident Director services to help companies meet compliance requirements.

Incorporation Services for Restaurants

Incorporation services for smooth business formation, entity setup, and start-up support.

Free Resource: 50 Deductible Expenses for Restaurants

Comprehensive checklist of tax-deductible costs unique to Restaurants. PDF delivered instantly.

Case Studies

Toronto Independent Bistro

Problem: Inconsistent bookkeeping and high food cost percentage.

Solution: Implemented weekly P&L tracking, cost analysis, and inventory monitoring.

Results:
✅ Reduced food cost percentage
✅ Accurate, up-to-date financials
✅ Owner focused on improving menu and service

Mississauga Quick‑Service Spot

Problem: Payroll and tip distribution issues causing errors and employee dissatisfaction.

Solution: Cleaned up payroll, reconciled tips, and automated reporting.

Results:
✅ Accurate payroll processing
✅ Happy staff with transparent tip distribution
✅ Saved time for management

Brampton Multi‑Location Café

Problem: Lack of standardized reporting across multiple locations, making financial oversight difficult.

Solution: Implemented consistent accounting systems and consolidated financial reporting.

Results:
✅ Standardized reporting across all sites
✅ Clear financial picture for management
✅ Easier planning for expansion

OUR SIMPLE PROCESS

How Restaurant Accounting with Us Works

Our clear, efficient process ensures that every step is transparent, fostering trust and strong client relationships.

Here’s a simplified process approach:

Step 1

Initial Consultation

We review your restaurant’s financial setup and understand your business goals.

Step 2

Setup & Record-Keeping

We organize your financial records, track shipments, duties, and expenses.

Step 3

Tax Planning & Compliance

We ensure corporate taxes, GST/HST, customs duties, and payroll obligations are met.

Step 4

Ongoing Support & Reporting

We provide regular financial reports and advice to keep your business compliant, tax-efficient, and financially organized.

Keep Your Restaurant Taxes on Track and Avoid Surprises

Transparent Pricing for Restaurants

Affordable Packages for Restaurant 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 Restaurant Accountants

Sharad Gondaliya, CPA

LinkedInPrincipal 📞647-212-9559 sharad@gondaliyacpa.ca

Vandana Goel, CPA

Accounting Specialist

📞 647-250-0242

vandana@gondaliyacpa.ca

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Restaurant accounting services help restaurant owners stay on top of their finances, from day-to-day bookkeeping and payroll management to taxes and regulatory compliance. Our experienced corporate accountants work closely with your team to ensure accurate financial records, timely tax filings, and actionable insights for better cash flow and profitability.

Serving restaurants in Toronto, Mississauga, Brampton, and across Ontario, we help you focus on running your business while keeping your finances organized, compliant, and optimized for growth.

Why do restaurants need specialized accounting services?

Restaurants face unique financial challenges, such as managing inventory, cost of goods sold, payroll for staff, and multiple revenue streams.
Our corporate accountants ensure accurate record-keeping and financial reporting, helping your restaurant make informed decisions.

Do you handle bookkeeping for restaurants?

Yes. We track daily sales, expenses, payroll, and inventory costs, and generate detailed financial reports.
Gondaliya CPA ensures your books are accurate and up-to-date, whether your restaurant is in Toronto, Ontario, or anywhere in Canada.

Can you help with tax preparation and planning for restaurants?

Absolutely. We prepare and file taxes, claim eligible deductions, and provide tax strategies to reduce liabilities.
Our corporate accountants help restaurant owners stay compliant with CRA regulations while optimizing their tax position.

Do you provide budgeting and financial analysis services?

Yes. We help restaurant owners create budgets, analyze profit margins, and track cash flow to improve financial performance.
Our team provides actionable insights that help restaurants increase profitability and control costs.

Can you assist with payroll management for restaurant staff?

Yes. We manage payroll processing, statutory deductions, and reporting for all your employees.
Gondaliya CPA ensures payroll is accurate, timely, and compliant with CRA requirements.

Do you help restaurants with past account cleanup?

Yes. We review historical records, correct errors, and generate accurate financial statements.
Our corporate accountants ensure past accounts are reliable and compliant, providing a solid foundation for growth.

How often should restaurant owners meet with their accountant?

Yes. We review historical records, correct discrepancies, and generate accurate financial statements.
Our team ensures past accounts are compliant and reliable for tax purposes and operational planning.

Can you help new restaurant owners get started?

Yes. We provide accounting setup, bookkeeping, tax planning, and financial guidance for new restaurants.
Our corporate accountants help Toronto and Ontario restaurant owners start their business on the right financial footing.

How do I get started with restaurant accounting services?

The first step is a consultation with our corporate accountants.
Contact Gondaliya CPA today to discuss your restaurant’s accounting needs and receive tailored solutions for Toronto, Ontario, or anywhere in Canada.