The Wave Accounting alternative for
Canadian solo operators.
Wave got thinner over the last few years and never went deep on Canadian tax. Ledg is the bookkeeping tool for the people Wave used to serve well: freelancers and 1-person corporations in Canada. Same Stage / Ledger / receipts-in-Drive / accountant handoff pack for both, branched only where the tax pipeline demands it (T1+T2125 vs T2).
No credit card. Free up to 100 ledger entries. Data stays in Canada.
Why Canadian freelancers and 1-person corps move to Ledg
Built for both sole proprietors and 1-person corps
Pick your entity type at signup. Sole proprietors see T1 + T2125 deadlines, Owner Draw labels, and a calendar fiscal year. Corporations see T2, T4/T5, BC Annual Report, and a minute book. Same Stage / Ledger / receipts / handoff pack underneath. When you graduate from sole prop to corp, your old books stay intact for T1 reference.
An accountant-ready handoff, not invoicing with a ledger attached
Ledg is a double-entry ledger first. The accountant handoff pack (general ledger, trial balance, GST/PST summary, bank reconciliation) lands clean every time. Invoicing is intentionally out of scope, plenty of dedicated tools handle it better.
GST/HST and PST tracked per province, with return prep numbers
Per-province GST/HST/PST tracking with input tax credits captured on the way in. When the return is due, Ledg surfaces the GST34-2 line numbers ready to paste into CRA My Business Account. Same logic for PST/RST/QST.
Connect your books to Claude, ChatGPT, or Cursor
Ledg ships an MCP server so you can ask AI "what was my Q1 GST collected?" or "any uncategorized transactions this week?" and your AI client pulls real numbers from your books. Twelve read-only tools in v1; OAuth 2.1 with PKCE.
Ledg vs Wave Accounting for Canadian solo operators
Public feature comparison. Based on Wave's pricing and feature pages as of 2026. Let us know at hello@ledg.ca if any row is out of date.
| Capability | Ledg | Wave Accounting |
|---|---|---|
| Sole proprietor + 1-person corp under one login | Yes | Partial |
| GIFI-mapped accountant handoff pack (zip) | Yes | No |
| Shareholder loan and share capital tracking (corp) | Yes | Partial |
| Per-province GST/HST/PST with return-prep line numbers | Yes | Partial |
| Connect Claude / ChatGPT / Cursor via MCP | Yes | No |
| Canadian corporate tax handbook built in | Yes | No |
| Plaid bank sync for Canadian banks | Yes | Yes |
| AI vendor and category cleanup, Canadian-corp trained | Trained for CCPC chart of accounts | No |
| Stage review queue before posting | Yes | No |
| Clean GIFI-mapped handoff to a CPA | Yes | No |
| Pricing | Free up to 100 entries, then $4 CAD / mo | Free tier, paid Pro |
One ledger, ready for your CPA.
Free up to 100 ledger entries. No credit card. No meeting to book. Move to Solo at $4 a month when you outgrow it.