Simplifying Tax Prep for Self-Employed
ReceiptCanada, an affiliate of Datamond, is your ultimate tool for effortless expense management and tax preparation, specifically designed for self-employed individuals. Say goodbye to the tedious manual work of collecting and categorizing receipts - our platform automates the entire process, saving you time and allowing you to focus on growing your business.
How We Do It
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Upload Receipts Easily: Use the ReceiptCanada App or a scanner to upload your receipts in seconds.
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Streamline Bank Statements: Email your bank and credit card statements for seamless processing.
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Automated Categorization: Expenses are categorized accurately based on CRA-approved Expense Accounts or Chart of Accounts.
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Tax Form Generation: Generate essential forms like T2125 (Statement of Business or Professional Activities) or T777 (Statement of Employment Expenses).
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Integration with Tax Software: Sync with Profile T1 or other tax software for smooth tax filing.
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Start Today! For as little as $15 per month, we’ll help make tax season stress-free. ReceiptCanada has you covered!​​​
​​​​Key Features​
Save Time
Let automation handle repetitive tasks.
Effortless Uploads
Upload receipts via the mobile app or batch scanner.
Reduce Errors
Accurate data extraction ensures your records are always correct.
AI Data Extraction
Extract details like merchant name, date, receipt number, subtotal, HST/GST, total, and payment method.
Be Tax-Ready
Simplify tax season with pre-filled forms and seamless integrations.
Smart Categorization
Categorize expenses to the correct accounts per CRA standards.
System at a Glance
App Uploads
Uploading a receipt by taking a photo through the ReceiptCanada app, or submitting an electronic copy of a bank statement or credit card statement via email.
Expense Categorization
The expense accounts for T2125 and T777 will be accurately categorized using AI-powered algorithms, ensuring full compliance with CRA guidelines.
Generate Form T2125/T777
After reconciliation, all the selected data can be generated for T2125 and T777 and exported in PDF, CSV, or Excel formats.