QuickBooks Lite and Accountly both target one-person Canadian businesses, but they take different approaches. QuickBooks Lite provides a broader accounting system with bank feeds. Accountly is a narrower bookkeeping workflow organized around T2125 categories.
Last reviewed: September 20, 2026. Prices and features change, so confirm them on each product’s website before purchasing.
QuickBooks Lite is now available in Canada
Intuit launched QuickBooks Lite in Canada in July 2026. It includes invoicing, bank feeds, receipt capture, mileage tracking, Canadian sales-tax tracking, and five report templates. Its regular starting price is about $20 CAD per month, although introductory promotions can temporarily lower the displayed price.
QuickBooks Self-Employed remains supported for existing Canadian users, while QuickBooks Lite is Intuit’s current recommendation for new freelancers and sole proprietors. QuickBooks Solopreneur remains a US-only product. See the QuickBooks Canada self-employed plan guide and QuickBooks Lite page.
Feature comparison
| Feature | QuickBooks Lite | Accountly |
|---|---|---|
| Regular starting price | About $20 CAD/month | $8 CAD/month billed annually |
| Free trial | 30 days | 30 days, no credit card required |
| Bank feeds | Yes | No |
| Receipt capture | Yes | Yes |
| Invoicing | Yes | Yes |
| Mileage | Built-in tracking and reports | Automatic mobile trip detection, classification, and reports |
| GST/HST/PST | Built-in tax centre | GST/HST recording and reports |
| Financial reports | Five report templates | T2125-oriented and bookkeeping reports |
| Direct T2125 categories | Not advertised as a direct T2125 mapping | Yes |
| Accountant access | Not included in Lite | Invite an accountant |
| Payroll | No | No |
Choose QuickBooks Lite when
- Automatic bank transaction imports and reconciliation are important.
- You want a balance sheet and a more conventional accounting workflow.
- You may move into a larger QuickBooks Online plan later.
- You want Canadian sales tax, invoicing, mileage, and expenses in one general accounting product.
Choose Accountly when
- You want transactions organized directly into T2125 categories.
- Built-in mobile background mileage detection matters.
- You want to invite an accountant without moving to a larger plan.
- You prefer a lower-priced, narrower workflow and can enter or capture transactions without bank feeds.
Accountly does not connect to bank accounts, file a tax return, or determine when GST/HST registration is required. It organizes the records you enter and produces reports for your filing workflow or accountant.
Review Accountly’s receipt capture, mileage tracking, and T2125 reporting before deciding. If the narrower workflow fits, start the 30-day trial. No credit card is required.
Frequently asked questions
Is QuickBooks Lite available in Canada?
Yes. Intuit launched QuickBooks Lite in Canada in July 2026 for freelancers and one-person businesses.
Is QuickBooks Self-Employed discontinued in Canada?
Intuit says QuickBooks Self-Employed remains supported. QuickBooks Lite is the newer option recommended for Canadian self-employed customers.
Is QuickBooks Solopreneur available in Canada?
No. Intuit identifies Solopreneur as a US-only product and positions QuickBooks Lite as the Canadian option.
Does Accountly connect to my bank?
No. Accountly currently relies on manual entry and supported document capture. QuickBooks Lite includes eligible bank feeds.
Does either product file my T2125?
Neither product replaces certified tax-filing software or a tax professional. Accountly organizes records into T2125 categories; QuickBooks Lite provides accounting and tax-summary reports.
The information in this guide is for general informational purposes only and is not intended as accounting, tax, business, or legal advice. Accountly does not provide professional services or act as your accountant, tax advisor, or lawyer. No client relationship is created by your use of this material. Always seek advice from qualified professionals who understand your particular circumstances before acting on any information contained herein.