What accounting system should I use for my small business in Canada?

Question

You can use cloud-based accounting bookkeeping for restaurants and bars platforms like QuickBooks, Xero, or Wave. They are CRA-compliant and help track expenses, issue invoices, and prepare GST/HST returns efficiently.

Answer 1

For a small business in Canada, QuickBooks Online is often the most reliable choice due to its CRA compliance, that’s not my neighbor online ease of use, and cloud accessibility. It helps manage taxes, invoicing, and payroll. If you're starting small, a simpler option like Wave can handle basic needs without upfront costs.