Accounting software alternatives for Canadian solo businesses and small corporations.
Most Canadian solo businesses and small corporations keep their books in software built for a larger company somewhere else. These four comparisons set Ledg beside QuickBooks Online, Xero, Wave and FreshBooks: what each product leads with, what Ledg does instead, and what Ledg does not do at all. Every competitor plan and price here was read on that company's own pricing page.
No credit card. Free with no entry limit. Built around Canadian tax rules.
Ledg and QuickBooks Online
QuickBooks Online is the broad option: it lists inventory tracking on its higher plans and payroll as an add-on. Ledg is narrower on purpose, with GST/HST and PST recorded separately on every entry and a GIFI code on every built-in category.
Read comparisonLedg and Xero
Xero ships one product to many countries, and its entry plan is $25 CAD a month. Ledg is built for Canada only, at $4 CAD a month per business, and an accountant you invite is free and read-only.
Read comparisonLedg and Wave
Wave leads with invoicing and payments. Ledg leads with the ledger, for freelancers and one-person corporations, with GST/HST and PST by province and a T2125 preview.
Read comparisonLedg and FreshBooks
FreshBooks is invoice-first software with bookkeeping added. Ledg is the ledger: a chart of accounts with a GIFI code on every built-in category, statements, and a trial balance that balances.
Read comparisonCompetitor plans and prices checked September 19, 2026. They change often, so read each company's own pricing page before you decide.
Do the bookkeeping from the AI agent you already use.
On Solo, connect Claude, ChatGPT, or another supported AI agent. Show it a receipt: it saves the receipt and adds its tax breakdown and line items to the bank or statement transaction it belongs to. If that transaction has not arrived yet, the receipt waits and is matched when it does. No entry it writes reaches your statements or tax totals until you confirm it in Ledg. With your approval it can also update your business settings, and each change shows in Activity.
You: “Which purchases are still missing PST?”