Claimable.

Comparisons

Which tool should a self-employed Canadian actually use?

Side-by-side comparisons of the software Canadian sole proprietors use to track expenses and file a T2125. Every page names who each tool suits, says where a competitor is the better buy, and lists its sources. We make one of these tools, and we say so on every page.

Common questions.

Which tool is best for a Canadian sole proprietor filing a T2125?

It depends on what you need beyond categorising expenses. If you want free invoicing and double-entry books, Wave is hard to beat. If you want automatic bank feeds and GPS mileage, QuickBooks is stronger. If your return involves capital cost allowance, a GST/HST return, or you want an audit package with original receipts, that is the gap Claimable was built for. Each comparison below says plainly who it suits.

Is QuickBooks Self-Employed discontinued in Canada?

No. It is still listed and sold on Intuit's Canadian site. Coverage about QuickBooks Solopreneur replacing it describes the United States market, not Canadian availability. Intuit also launched QuickBooks Lite in Canada in July 2026, a $20 CAD per month plan for freelancers and sole proprietors.

Do these comparisons only recommend Claimable?

No. Every page names the cases where a competitor is the better buy, and states what Claimable does not do: there is no live bank feed, no double-entry ledger, no payroll, and it does not NETFILE your return.

How current are these comparisons?

Each page carries the date it was last verified and lists its sources, which are the vendors' own Canadian pricing pages and canada.ca. Pricing in this category changes often, so check the vendor page before you buy.