What is NorthBooks?
NorthBooks is an online bookkeeping solution tailored for freelancers, consultants, side ventures, sole proprietors, and small incorporated businesses within Canada. This software amalgamates multiple features, including invoicing, management of client and product databases, expense tracking, receipt organization, bank statement imports, and oversight of mileage, time, and project logs, alongside documentation for GST/HST/QST. Users benefit from the ability to monitor invoice statuses, track tax amounts and remittances, and stay updated on CRA filing deadlines. Furthermore, it provides payroll functionalities that accommodate T4 and T4A forms, along with summaries for T1 and T2 filings, read-only access for accountants, and various export formats such as CSV, PDF, GIFI, and T2 XML. A free plan is available for basic bookkeeping tasks, while premium subscriptions offer advanced features for invoicing, reporting, tax management, and additional tools. NorthBooks aims to simplify record-keeping for users, enabling smooth self-filing or an easy transition to an accountant, although it does not facilitate tax return submissions or replace professional tax guidance. With its diverse plans, NorthBooks caters effectively to the requirements of small teams and owner-operated businesses across Canada, making it a practical and adaptable option for a wide range of users. The platform's user-friendly interface further enhances its appeal, ensuring that even those without extensive bookkeeping experience can efficiently manage their finances.
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NorthBooks HST Tracker page showing collected tax, input tax credits, net owing, remittance totals, and a remittance-history table.