Invoice clients, log project expenses, and track your T2125 as you go, whether you're a designer, developer, coach, writer, or any other independent professional.
You got into consulting to do the work, not manage spreadsheets. But invoices pile up, expenses go untracked, and every April you're reconstructing the year from a mess of bank statements. Accountly keeps the financial side clean while you focus on clients.
Create professional invoices in seconds, send them directly to clients, and track what's paid and what's outstanding. When an invoice is marked paid, the income lands in your books automatically.
Custom invoices with your logo and payment termsTrack outstanding, overdue, and paid invoicesIncome recorded automatically on payment
Snap receipts on your phone, review the extracted details, and attach software, travel, equipment, or meal expenses to the relevant client or project.
Receipt capture from your phone cameraAttach expenses to clients or projectsGST/HST amounts stored for eligibility review
Your T2125 category totals update as you record income and expenses. Review the breakdown yourself or share the supporting records with your accountant.
T2125 category totals updated as you goAttach a receipt or note to each expenseInvite your accountant for direct accessBuilt into Accountly's categories from day one.
If you work from home, claim a percentage of utilities, internet, rent or mortgage interest, calculated on square footage.
Figma, Adobe CC, Notion, Slack, GitHub, hosting. Tools you pay for to do the work are fully deductible.
Business-use portion of your mobile plan and home internet. Keep a reasonable estimate and document it.
Laptop, monitor, camera, microphone, drawing tablet. Major purchases may need to be depreciated over time.
Online courses, conferences, books, certifications. Learning that keeps your skills billable is deductible.
Flights, accommodation, and ground transport for client work. Keep receipts and note the business purpose.
Business meals with clients or prospects. CRA allows 50% of eligible meal and entertainment expenses.
Your accountant, a lawyer reviewing contracts, professional liability insurance, E&O coverage.
Portfolio hosting, domain, ads, design tools, and anything else you spend to land clients.
Tax, invoicing, and business basics, written for self-employed Canadians.
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How self-employed consultants in Canada file the T2125: professional vs. business income, home office, the GST/HST $30K trap, and when to incorporate.
Yes. If you earn self-employment income, whether from consulting, design, writing, coaching, or any other service, you file a T2125 Statement of Business or Professional Activities with your T1 return.
Registration is generally mandatory when worldwide taxable revenue exceeds $30,000 in one calendar quarter or across four consecutive calendar quarters. The effective date and collection rules depend on which threshold you cross.
Yes. Log time against projects and convert it directly to an invoice. Send the invoice from Accountly and the income is recorded automatically when it is marked paid.
You can attach expenses to specific clients or projects. This makes it easy to see actual profit per engagement and to pass expenses through to clients on an invoice.
Generally you can only claim one primary workspace. If you rent an external space, that rent is deductible as a business expense. A home office claim is for the space in your home used regularly and exclusively for work.
Yes. Invite your accountant directly into your Accountly account. They get read or edit access to your income, expenses, and T2125 totals, no exports, no email attachments.
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