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Salt.
🇨🇦 Canada · ASPE / IFRS

Bookkeeping for Canadian small businesses, from C$350/mo.

Salt keeps GST/HST-ready books in QuickBooks Online or Xero for Canadian founders, agencies and restaurants — the federal and provincial tax layers coded apart from the first entry, so the return reconciles without a year-end adjustment. Tell us your transaction volume and you get a written quote within 24 hours. No sales call required.

Core bookkeeping

C$350/mo

Growth scale

C$800/mo

Virtual CFO

C$3,000/mo

How it works in Canada

Compliance handled, not guessed at.

Canadian bookkeeping means keeping the federal and provincial layers apart from the first entry. GST at 5% and HST at 13%–15% behave differently by province, and PST or QST sits largely outside the input-tax-credit system altogether. We code them separately in QuickBooks Online so the GST/HST return, due a month after the reporting period, reconciles without a year-end adjustment.

What we watch for you

  • GST/HST returns
  • T2 corporate filing
  • Provincial sales tax (PST/QST)
  • T4 payroll slips
Currency
CAD ($)
Standards
ASPE / IFRS
Key forms
T2, T1, GST/HST returns, T4 / T5
Software
QuickBooks Online, Xero, Wave
Regulator
Canada Revenue Agency (CRA)

Real engagement · Canadian restaurant, roughly 15–20 transactions per month

The provincial half of the credit that nobody could claim

A low-volume restaurant needed monthly books and correct handling of Canada's dual GST/HST structure — including which component carries an input tax credit and which does not.

  • Consistently accurate monthly financials.
  • A GST/HST reconciliation that correctly applied provincial-specific input tax credit rules — an area that is easy to get wrong and costly to miss.

What was hard: Provincial and federal GST/HST components needed separate treatment for credit eligibility, and several vendor balances did not initially match the client's own records. Those had to be confirmed directly with the vendor before they could be closed out.

Answers

Canadian bookkeeping, answered

Start with a number

Get a written bookkeeping quote for your Canada business in 24 hours.

Tell us your transaction volume and what shape the books are in. You get scope, price and a start date in writing within one business day — no obligation.

Get a quote