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Best Accounting Software for Canadian Small Businesses

By SCFinance Data Team · edited by SCFinance Editorial TeamUpdated Aug 15, 2026 Fact checkedEditorial integrity

Canadian small businesses need software that tracks GST/HST correctly and produces something your accountant can actually work with.

Compare at a glance

ProviderRatingStarting priceFree trialCategory

4.6/5

Best for Overall accounting

$22/mo30 daysaccountingRead review

4.3/5

Best for Free bookkeeping

FreeFree tieraccountingRead review

Our picks

Showing 2 results

Our pick for: Overall accounting

QuickBooks Online

SCFinance score4.6

Starting price

$22/mo

Free trial

30 days

Category

accounting

Introductory pricing for new subscribers

Details
Free trial
30 days
GST/HST
Tracked and filing-ready
What you get
  • GST/HST tracking and filing prep
  • Bank feeds and receipt capture
  • Works with most Canadian accountants
Our take

Nearly every Canadian accountant knows it, and the GST/HST handling is thorough enough for filing.

Read our full review

Our pick for: Free bookkeeping

Wave Accounting

SCFinance score4.3

Starting price

Free

Free trial

Free tier

Category

accounting

Details
Free tier
Yes
Built in
Canada
What you get
  • Free accounting and invoicing
  • Canadian payroll available as an add-on
Our take

A genuinely free ledger with unlimited invoicing, plenty for freelancers and very small operations.

The downside: Reporting depth runs out as you grow.

Read our full review