The Best $69 This year I spent
Okay so I'll be honest - I almost didn't try this because I thought it was just another generic bookkeeping app with a Canadian flag slapped on it.
No, it isn't.
I’m a freelancer out of Ontario. I do yoga classes, consulting, a little bit of everything. Every year I'd give my accountant a stack of receipts and a half-completed spreadsheet and hope for the best. She would charge me $300+ just to go through it.
Someone on a Facebook group mentioned SnapBooks after QuickBooks Self-Employed disappeared. I thought $69 was worth a shot.
In fact, the T2125 categories are built in. The actual CRA expense lines. Not American categories with a Canadian dollar sign. HST and ITC tracking is working as it should. In one sitting I probably scanned 40 receipts on my phone and it got the amounts and dates right almost every time.
I’m not joking when I say that this is the first year I’m not dreading April. My accountant actually said my file was cleaner than usual.
If you are a sole proprietor in Canada and still doing this by hand, just try it. The free tier is enough to see if it is for you.