Free to start · Mobile app + web dashboard · No accounting knowledge needed
Sound Familiar?
That fuel receipt from Tuesday, the client lunch from last month, the software subscription you forgot to log every missing receipt is a deduction the CRA will never give you back.
You collected GST/HST on invoices and paid it on expenses, but do you actually know your net owing right now? Most contractors don't until remittance day arrives and the number is a surprise.
One debit card. Business lunches mixed with groceries. Fuel for work trips mixed with personal errands. By fiscal year-end, separating them feels impossible and your accountant charges by the hour to sort it out.
Your accountant needs a T2125 or Schedule 125. What you have is a shoebox of receipts, a messy spreadsheet and two weeks until your corporate income tax filing deadline. Every year, the same panic.
Features
Photograph any business receipt fuel, meals, supplies, software subscriptions and Zoombooks reads the vendor, amount, date and GST/HST automatically. Every expense is categorized to CRA standards the moment you capture it. No accounting knowledge needed. No manual data entry. No lost deductions at fiscal year end.
Every receipt is automatically split into base amount and GST/HST paid. Your Input Tax Credits (ITCs) update with each expense so you always know your net GST/HST position not just at remittance time, but right now. No more guessing how much you owe the CRA or scrambling to calculate ITCs before the filing deadline.
Start a trip. Stop a trip. Zoombooks logs every business kilometre, applies the CRA's current per-kilometre rate and builds the mileage log the Canada Revenue Agency requires if you ever face a review. No reconstructing routes from memory at tax season. No estimating distances. Just a clean, timestamped record that satisfies CRA record-keeping requirements.
This is where Zoombooks saves you real time and real money. At any point during your tax year, generate a Schedule 125 statement of income and expenses (for incorporated businesses filing a T2 corporation income tax return) or a T2125 statement of business activities (for sole proprietors). Export GST/HST (ITCs) summaries alongside them. Hand everything to your accountant as a clean package or upload directly to your tax software. Either way, your books are done before the filing deadline, not during it.
Generic bookkeeping apps track transactions. Zoombooks categorises them the way the Canada Revenue Agency expects to see them: active business income separated from other revenue, expenses mapped to the categories your T2 or T2125 requires. Complete organized records from January through fiscal year-end. Nothing missed. Nothing miscategorised. Nothing left for your accountant to sort at their hourly rate.
Capture receipts and log mileage on your phone the moment expenses happen on a job site, at a client meeting, between appointments. Then review categorised reports, download CSV or Excel exports and share your complete corporate tax filing records with your accountant from the web dashboard. Your books live in one place, accessible from anywhere.
For DIY Filers
Incorporated contractors, consultants and self-employed professionals across Canada use TurboTax Business, Wealthsimple Tax or CRA’s Corporation Internet Filing to submit their own corporate income tax return. The software handles the filing. Zoombooks handles everything that comes before it: the organised books your tax software can’t build for you.
Instead of rebuilding a year of business activity from bank statements at fiscal year end, Zoombooks keeps your records CRA-compliant all year. When your filing deadline arrives, export and upload. Done.
How It Works
Snap a photo of every receipt the moment you get it: fuel, meals, supplies, subscriptions, client expenses. Log every business trip with one tap. Zoombooks reads each receipt, separates the GST/HST and categorises the expense to CRA standards automatically.
Every deduction documented. Every Input Tax Credit captured. Nothing lost before fiscal year end.
Your fiscal year ends. Your corporate income tax payment is due within two to three months. Your T2 return is due within six. When that timeline begins, open Zoombooks and generate your Schedule 125 (incorporated businesses) or T2125 (sole proprietors) plus your GST/HST ITC summary.
WHY TRUST ZOOMBOOKS
Most bookkeeping software was designed for businesses with employees, inventory and purchase orders, accounting complexity that contractors, consultants and self-employed professionals simply don’t have. What you do have is a T2 or T2125 filing obligation, GST/HST remittance deadlines, CRA record-keeping requirements and the need to know what you owe before your corporate income tax return is due.
Zoombooks was built by Instaccountant, a Canadian tax accounting firm, specifically for incorporated professionals and sole proprietors who need their books organised to CRA standards not enterprise accounting standards. Every feature exists because a real Canadian tax accountant said: “This is what I wish my contractor clients had when they walked in at tax time.”
Every receipt, invoice, mileage log and supporting document is captured, categorised and stored to the standards the Canada Revenue Agency requires. If the CRA ever reviews your corporate tax filing, your records are already organised, not reconstructed after the fact.
Zoombooks wasn't designed by a software company guessing what business owners need. It was built by the same Canadian tax accountants who file T2 corporation income tax returns, prepare T2125 statements and handle CRA correspondence for contractors and consultants every day. The accounting logic inside the app comes from real filing experience, not templates.
Generic bookkeeping tools give you transaction lists. Zoombooks generates the specific reports your accountant or tax software needs at fiscal year end: Schedule 125 income and expense statements for incorporated businesses, T2125 statements for sole proprietors and GST/HST ITC summaries for remittance. Export once. File once. Done.
Who It’s For
Incorporated through a CCPC, earning active business income on contracts and responsible for a T2 corporate income tax return every fiscal year-end. You need receipts categorised, GST/HST ITCs tracked and a Schedule 125 ready when your filing deadline arrives. Zoombooks builds that package automatically as you work.
Project-based work means high-travel, high-expense months followed by quiet periods and a messy expense trail by tax time. Zoombooks captures every client dinner, flight, hotel and rideshare receipt in real time, separates the GST/HST and keeps your books CRA-organized no matter how unpredictable your schedule gets.
On the road between job sites all day. Every fuel stop, supply run and equipment purchase is a deductible business expense but only if it's documented. Zoombooks logs mileage with one tap, captures receipts on site and generates the T2125 statement of business activities your accountant or tax software needs at fiscal year end.
Rideshare, food delivery and courier work mean hundreds of short trips and small expenses across the year. The CRA expects a compliant mileage log and categorised expenses for your T2125, not a guess based on your app's trip history. Zoombooks tracks every kilometre at the current CRA rate and every expense with GST/HST separated, building the records you need for a clean tax filing.
Designers, writers, developers and consultants managing multiple clients each with different invoices, expenses and payment timelines. Zoombooks tracks income by source, categorises expenses to CRA standards and keeps your record-keeping current throughout the tax year. When your T2125 is due, one export gives your accountant everything they need.
Just set up your corporation and not sure where to start with the CRA? Every resident corporation must file a T2 return even with zero revenue in the first year. Zoombooks keeps your books organised from incorporation day one so your first corporate income tax filing is accurate, on time and stress-free. Start with the free plan and upgrade as your business grows.
PRICING
TESTIMONIALS
IT Consultant, Incorporated
Freelance Designer
Licensed Electrician
FAQs
Every receipt captured and categorised to CRA standards. Every GST/HST amount separated with your Input Tax Credits updated in real time. Every business kilometre logged at the current CRA rate. When your corporate income tax filing deadline arrives whether you hand a clean Schedule 125 to your accountant or upload your T2125 to your tax software and file your T2 return yourself, Zoombooks gives you exactly what the Canada Revenue Agency expects. Organised books. Accurate records. Zero tax-season panic.
Canadian contractors have recovered thousands in missed deductions and saved hours of accountant prep time starting from a free download.
Built by Instaccountant, Canadian tax accountants. If you ever want professional help filing your corporate income tax return, the team behind Zoombooks already knows your books.