NorthBooks Description
NorthBooks is an online bookkeeping tool designed specifically for freelancers, consultants, side businesses, sole proprietors, and incorporated small enterprises in Canada. This software integrates various functions such as invoicing, maintaining client and product databases, tracking expenses and receipts, importing bank statements, and managing mileage, time, and project logs along with GST/HST/QST documentation. Users can easily check the status of their invoices, monitor tax amounts and remittances, and keep track of CRA filing deadlines. Additionally, it offers payroll features that include support for T4 and T4A forms, as well as summaries for T1 and T2 filings, read-only access for accountants, and export options in formats like CSV, PDF, GIFI, and T2 XML. A complimentary plan is available for fundamental bookkeeping needs, while premium plans provide enhanced features for invoicing, reporting, tax processes, and other functionalities. NorthBooks is designed to help users streamline their records for easy self-filing or to facilitate a handoff to an accountant, though it does not handle tax return submissions or substitute for professional tax advice. The various plans cater to the needs of small teams and owner-operated businesses throughout Canada, making it a versatile choice for many.
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