QuickBooks Lite provides bookkeeping and tax preparation built specifically for solopreneurs, freelancers, consultants, and contractors.

QuickBooks Lite includes unlimited invoices per month, unlimited estimates, and automated sales tax** tracking. You also get bank feeds**, receipt capture, mileage tracking, and contractor tracking to keep your daily tasks organized.

QuickBooks Lite is designed for solopreneurs, freelancers, and contractors. It includes easy-to-use organization, tax, and growth-focused tools to help drive your financial stability. If you need payroll services, QuickBooks EasyStart may be a better fit for your operations.

It only takes about 5 minutes to get up and running once you sync your bank or credit card transactions to QuickBooks Online**. We include a step-by-step guide for your initial setup process, so you can stay organized and run your business with confidence.

QuickBooks Lite keeps your bookkeeping straightforward with essential accounting tools. It connects to up to two financial institutions** to import your data with automated bank feeds**, letting you set up five custom rules to sort your transactions**. It also helps you categorize expenses with an automatic business and personal split, match transactions using the reconciliation tool, and manage your numbers with a fixed chart of accounts.

Yes, you can design and send unlimited custom invoices and estimates using templates that showcase your unique brand look and feel. By adding QuickBooks Payments**, you can let your customers pay you right from the invoice. Your transactions may also be eligible for instant deposits** to keep your cash flow moving without the wait.

Once your revenue is more than $30,000 in a single calendar quarter or over four consecutive quarters, you're required to start charging GST/HST. That said, registering voluntarily below that threshold lets you claim input tax credits on business purchases.

QuickBooks Lite features a built-in tax centre to track your GST, HST, and PST** automatically without manual calculations. It calculates your sales tax directly on your invoices, lets you reconcile what you owe with the reconciliation tool, and organizes your data into clean tax workpapers so you can share your files with your accountant at tax time.

You get unlimited receipt capture and automated mileage tracking to log every business trip on the go. QuickBooks Lite also handles basic bill management, tracks payments to your independent contractors, and automatically splits your business and personal expenses to protect your deductions.

QuickBooks Lite includes 5 basic financial reports** designed to help sole proprietors track income, expenses, and CRA obligations. You can quickly view a profit and loss report, a tax summary, a tax details report by category, a mileage log, and a summary of your collected receipts. Because this plan is built for simple daily tracking, it does not include formal financial statements.