Track Income and Expenses with Ease
Bulk Data Entry
If you're transitioning from manual spreadsheets or sorting through a pile of receipts, Accountly allows you to enter data in bulk. This means you can upload all your financial documents at once, and our platform will organize them into a manageable format.
Automated Data Capture
By uploading a PDF or image of a receipt or invoice to Accountly, our AI technology will automatically extract key details such as the transaction amount, tax, and payer information. This feature not only saves you time but also enhances the accuracy of your financial records. Additionally, Accountly automatically categorizes each transaction, eliminating the hassle of manual categorization and simplifying your financial reporting.
Manual Entry Flexibility
Prefer to enter data manually? Accountly provides an intuitive interface to enter and categorize each transaction, simplifying your financial tracking and year-end preparations.
Reach out to us for help!
If you ever need help with categorizing a record, or if you are already tracking your records in a spreadsheet or somewhere else, feel free to reach out to support@accountly.ai and we'll import those transactions for you.
Effortless GST/HST tracking
Accountly simplifies GST/HST tracking by automatically segregating the tax from each transaction. Our reports display how much tax you’ve collected and paid, allowing you to see at a glance the amount to be remitted. For detailed guidance on GST/HST obligations, visit the CRA website here.
Streamlined Year-End Tax Reporting
When tax season arrives, you'll find everything needed to fill out the T2125 form for your T1 personal taxes directly within Accountly. Our reports consolidate all your financial data into the required totals for easy submission. If you work with an accountant, simply invite them to access your reports on Accountly or download and share the information directly.
Don’t have an accountant? We recommend using tax preparation software like Wealthsimple Tax. Accountly includes tax codes to facilitate data entry, ensuring you never miss a deduction.
Final Thoughts
With Accountly, year-end tax preparation doesn’t have to be a daunting task. Our tools are designed to minimize the hassle and maximize your peace of mind, allowing you to focus on what you do best—running your business. Get started here today!
