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Home/Industries/Franchises & Hospitality

Built for operators, location by location.

Accounting and tax for franchisees, restaurants, and hospitality operators.

Overview

Franchises & Hospitality

Operators live with obligations most businesses never meet. Franchise agreements that demand periodic financial statements, tips and gratuities with their own payroll consequences, GST/HST alongside provincial liquor and accommodation taxes that vary by jurisdiction, and royalty and advertising fund payments that must reconcile to the penny against POS data.

We run multi-unit accounting on a fixed monthly close, with location-level income statements and prime cost visibility. Where a franchisor or lender requires statements issued by a licensed CPA, we prepare the file to their exact requirement and coordinate the engagement, so the obligation is met without a scramble.

What we do for you

Multi-Unit Accounting

Location-level books and consolidated reporting. Prime cost, labour percentage, and comparisons across units.

Franchise-Agreement Reporting

Financial statements prepared to the schedule your agreement demands, with the file assembled for a licensed CPA where the agreement requires an issued report.

Tips, Gratuities & Payroll

Controlled versus direct tip treatment, source deductions, and the payroll consequences handled correctly the first time.

GST/HST & Local Filings

Food, beverage, liquor, and accommodation taxes registered and filed across jurisdictions.

Payroll Coordination

High headcount payroll configured through your provider, with labour reporting connected to the books.

Owner & Entity Tax

T2 returns for operating entities and T1 returns for their owners, including new unit structuring as the footprint grows.

Related services

Often engaged alongside.