Restaurant Accountant: Bookkeeping, Payroll and Tax for Restaurants
Accounting designed for restaurants, cafés and bars
LeComptable.ca provides restaurants, cafés, bars and caterers across Canada with bookkeeping and accounting built for the food service industry. We reconcile your POS sales, deposits and card fees, then prepare your sales tax returns, your payroll with tips and your taxes.
Food and beverage costs, margins per dish, labour costs: you finally know where your money goes, month after month. Online service with packages from $150 per month.
Our accounting services for restaurants
Sales tax and tax obligations
We handle your GST/HST and QST returns and keep you compliant to avoid problems with the CRA or Revenu Québec.
Cost control and profit margins
We analyze your expenses (wages, food costs, rent, etc.) to find ways to cut costs and maximize your profitability.
Payroll and staff
The restaurant industry has specific rules for tips and employee payroll. We help you:
- Calculate pay and employer contributions correctly
- Handle tips and the related tax obligations
- Avoid errors that can lead to penalties
Inventory tracking and profitability
Good inventory tracking helps you anticipate costs and reduce waste. We use accounting tools suited to restaurants for better control of your margins.
Why choose LeComptable.ca for your restaurant?
Restaurant accounting expertise
We understand the specifics of the restaurant industry and optimize your taxes accordingly.
Digital tools and automation
Use accounting tools built for restaurants that automate a large part of your financial management.
Less time, fewer errors
With our services, you reduce the risk of tax errors and spend more time on what matters: growing your restaurant.
Frequently asked questions about restaurant accounting
What expenses can a restaurant deduct?
How do I handle sales tax returns for my restaurant?
Do I have to report my employees’ tips?
How can accounting improve my restaurant’s profitability?
How are tips handled in restaurant payroll?
The rules depend on your province and on how tips are paid. In Québec, employees must declare their tips to their employer, who includes them in payroll, calculates the source deductions and contributions, and reports them on the year-end slips. Elsewhere in Canada, tips controlled by the employer are processed through payroll, while tips received directly by employees are generally reported by the employees themselves. Our payroll service applies the right rules for you.
How much does an accountant cost for a restaurant?
Our packages start at $150 per month (bookkeeping, sales tax returns and simplified financial statements). The Sérénité package ($250 per month) adds payroll for up to 2 employees, and the Exclusivité package (from $500 per month) suits restaurants with a larger team. See our pricing page.
