Canadian Cloud Bookkeeping Software Features — Everything You Need
From AI-powered bank categorization and Canadian payroll to GST/HST filing and municipal PSAB reporting — Awditify is the most complete bookkeeping software built for Canada.
Core Cloud Accounting & Bookkeeping
A solid double-entry foundation with full Canadian chart of accounts, journal entries, multi-currency, and AI-powered bank reconciliation.
Chart of Accounts
Fully customizable chart of accounts with pre-built Canadian templates for every industry.
Journal Entries
Manual and automated journal entries with recurring entry scheduling and approval workflows.
General Ledger
Complete general ledger with drill-down from any summary to the underlying transactions.
Classes & Locations
Unlimited class and location tracking for multi-department and multi-branch reporting.
Multi-Currency
Support for transactions in multiple currencies with automatic exchange rate updates.
Bank Reconciliation
Automatic bank feeds with AI matching. Reconcile in minutes instead of hours.
Canadian Invoicing & Online Payments
Get paid faster with professional GST/HST-compliant invoices, online payments via Interac e-Transfer, and built-in e-signatures.
Professional Invoices
Customizable templates with your logo, colours, and terms. Send in seconds.
Online Payments
Accept credit cards, bank transfers, and Interac e-Transfer directly from invoices.
E-Signature
Built-in legally-binding electronic signatures for contracts and estimates.
Recurring Invoices
Set up automatic recurring invoices for retainers and subscriptions.
Estimates & Quotes
Create estimates and convert them to invoices with a single click.
Payment Reminders
Automatic polite reminders for overdue invoices to improve collection rates.
Bank Feeds & AI Reconciliation
Connect to 150+ Canadian banks and credit unions. AI auto-categorizes transactions with 95%+ accuracy.
Bank Connections
Direct feeds from major Canadian banks and credit unions. Secure, encrypted, real-time.
AI Auto-Categorization
Machine learning automatically categorizes transactions based on your patterns and rules.
Receipt OCR
Snap a photo of any receipt. AI extracts vendor, amount, date, and tax automatically.
Rule-Based Matching
Create custom rules to auto-match recurring transactions exactly the way you want.
Full Canadian Payroll — CPP, EI, T4, ROE
Complete payroll processing for all provinces and territories — included free in every plan, not a paid add-on.
CPP/QPP Calculations
Automatic CPP and QPP contribution calculations with annual limit tracking.
Employment Insurance
EI premium calculations including reduced rates for registered employers.
Income Tax Deductions
Federal and provincial/territorial tax deductions calculated automatically every pay.
T4 & T4A Generation
Year-end T4 and T4A slips generated automatically with CRA-ready XML filing.
Record of Employment
ROE generation and electronic filing directly to Service Canada.
Remittance Management
Track remittance obligations and generate PD7A forms for CRA payments.
Contractor Invoices
Manage contractor payments alongside employee payroll in one unified system.
Direct Deposit
Pay employees via direct deposit. Integrates with major Canadian payroll banks.
GST/HST Tax Filing & CRA Compliance
Stay CRA-compliant with automated GST/HST/PST multi-province tracking, ITC calculations, and tax return generation.
GST/HST Tracking
Multi-agency tax support with automatic calculation for all Canadian provinces.
Tax Filing Support
Generate GST/HST returns and working papers ready for your accountant.
Tax Planning
Year-round tax planning tools with estimated liability forecasting.
Revenue Recognition
ASC 606 / IFRS 15 compliant revenue recognition with deferred revenue tracking.
Audit Trail
Complete, unalterable audit trail of every transaction and change for compliance.
Financial Reporting & Business Analytics
70+ reports including balance sheet, income statement, cash flow, custom dashboards, and budget vs. actual tracking.
Financial Statements
Balance sheet, income statement, cash flow, and trial balance — always up to date.
Custom Dashboards
Build personalized dashboards with the KPIs that matter most to your business.
Budget vs Actual
Track budget performance with variance analysis and trend visualization.
Aged Receivables/Payables
Monitor outstanding invoices and bills with aging analysis and follow-up tools.
Export & Sharing
Export any report to PDF, Excel, or CSV. Share live read-only links with stakeholders.
Inventory Management & COGS Tracking
Real-time stock tracking, purchase orders, FIFO/LIFO/weighted average costing, and low stock alerts.
Stock Tracking
Real-time inventory levels with multiple warehouse and location support.
Purchase Orders
Create and manage purchase orders with automatic stock level updates on receipt.
COGS Calculation
Automatic cost of goods sold calculations using FIFO, LIFO, or weighted average.
Low Stock Alerts
Set reorder points and get notified before you run out of critical inventory.
Municipal Government Finance — PSAB Modules
Property tax, permits, bylaws, PSAB-compliant fund accounting, citizen services portal, and tangible capital asset tracking.
Property Tax
Full property tax lifecycle: assessments, levies, billing, collections, and arrears.
Permits & Licensing
Building permits, business licenses, and applications with workflow management.
Bylaws Management
Bylaw tracking, infraction management, and fine collection integration.
Asset Management
Tangible capital asset tracking with depreciation per PSAB standards.
Municipal Finance (PSAB)
Full PSAB-compliant financial reporting including segment and consolidation reports.
Governance
Council reporting, meeting minutes integration, and resolution tracking.
Citizen Services
Online citizen portal for tax lookups, permit applications, and payment processing.
Utility Billing
Water, sewer, and waste utility billing with meter reading and consumption tracking.
AI-Powered Bookkeeping Automation
Machine learning auto-categorization, AI chat assistant, anomaly detection, and automated workflows that save 10+ hours/week.
AI Chat Assistant
Ask questions about your finances in plain English. Get instant answers and insights.
Smart Categorization
AI learns from your history and automatically categorizes 90%+ of transactions.
Anomaly Detection
AI monitors transactions for unusual patterns and alerts you to potential issues.
Automated Workflows
Set up approval chains, notifications, and recurring tasks to run on autopilot.
Complete Bookkeeping Software Feature List
Every feature included in Awditify — organized by category. No add-ons, no hidden modules.
| Feature | Description |
|---|---|
| Core Accounting | |
| Chart of Accounts | Customizable with pre-built Canadian templates for every industry |
| Journal Entries | Manual, automated, and recurring entry scheduling with approval workflows |
| General Ledger | Full drill-down from any summary to underlying transactions |
| Bank Reconciliation | AI-powered auto-matching with 150+ Canadian bank connections |
| Multi-Currency | Automatic exchange rate updates for foreign-currency transactions |
| Classes & Locations | Unlimited tracking for multi-department and multi-branch reporting |
| Invoicing & Payments | |
| Professional Invoices | Branded templates with logo, colours, terms — send in seconds |
| Online Payments | Accept credit cards, bank transfers, and Interac e-Transfer |
| E-Signature | Built-in legally-binding electronic signatures on contracts and estimates |
| Recurring Invoices | Automatic billing for retainers and subscriptions |
| Estimates & Quotes | Create estimates and convert to invoices with one click |
| Payment Reminders | Auto reminders for overdue invoices to improve cash flow |
| Banking & AI | |
| Bank Feeds | Real-time direct feeds from major Canadian banks and credit unions |
| AI Auto-Categorization | Machine learning categorizes transactions with 95%+ accuracy |
| Receipt OCR | Snap a photo — AI extracts vendor, amount, date, and tax |
| Rule-Based Matching | Custom rules for recurring transactions |
| AI Chat Assistant | Ask bookkeeping questions in plain English — instant answers |
| Anomaly Detection | AI monitors for unusual patterns and flags potential issues |
| Canadian Payroll | |
| CPP / QPP Calculations | Automatic contributions with annual limit tracking |
| Employment Insurance (EI) | Premium calculations including reduced rates for registered employers |
| Federal & Provincial Tax | Automatic deductions for all 13 provinces and territories |
| T4 & T4A Generation | Year-end slips with CRA-ready XML filing |
| Record of Employment (ROE) | Electronic filing directly to Service Canada |
| Direct Deposit | Pay employees via direct deposit with major Canadian banks |
| Remittance Management | PD7A form generation and CRA payment tracking |
| Tax & Compliance | |
| GST/HST/PST Tracking | Multi-province tax with automatic calculation for all provinces |
| Tax Filing Support | Generate CRA-ready GST/HST returns and working papers |
| Tax Planning Tools | Year-round liability forecasting and estimated payments |
| Revenue Recognition | ASC 606 / IFRS 15 compliant with deferred revenue tracking |
| Complete Audit Trail | Unalterable log of every transaction, edit, and approval |
| Reports & Analytics | |
| Financial Statements | Balance sheet, income statement, cash flow, trial balance |
| Custom Dashboards | Build personalized dashboards with the KPIs that matter |
| Budget vs Actual | Variance analysis and trend visualization |
| 70+ Built-in Reports | Aged receivables, payables, P&L by class, and more |
| Export & Sharing | PDF, Excel, CSV export — live read-only links for stakeholders |
| Inventory & Assets | |
| Stock Tracking | Real-time levels with multiple warehouse support |
| Purchase Orders | Create POs with automatic stock updates on receipt |
| COGS Calculation | FIFO, LIFO, or weighted average costing |
| Fixed Asset Management | Depreciation schedules, disposal tracking, CCA classes |
| Low Stock Alerts | Reorder points with automatic notifications |
| Municipal (PSAB) | |
| Property Tax Management | Full lifecycle: assessments, levies, billing, collections, arrears |
| Permits & Licensing | Building permits, business licenses, inspection workflows |
| Bylaws Management | Infraction tracking, fine collection, enforcement reporting |
| Tangible Capital Assets | PS 3150 compliant with depreciation schedules |
| PSAB Financial Reporting | Segment reporting, fund accounting, government transfers |
| Citizen Services Portal | Tax lookups, permit applications, online payments |
| Governance Tools | Council reporting, resolution tracking, meeting integration |
Awditify is the most complete Canadian cloud bookkeeping software available today. Unlike other platforms that charge extra for payroll add-ons and advanced features, Awditify includes everything — AI-powered transaction categorization, full Canadian payroll with CPP, EI, T4, and ROE processing, multi-province GST/HST/PST tax management, 70+ financial reports, e-signature invoicing, receipt OCR, inventory management, fixed asset tracking, and revenue recognition — all in one affordable subscription starting at just $20/month CAD.
For accounting professionals, Awditify offers multi-client management, batch transaction processing, and advanced audit trails. For municipalities, our PSAB-compliant modules cover property tax, permits, bylaws, and citizen services. Whatever your business needs, Awditify delivers the features Canadian businesses depend on — built from the ground up for Canadian tax law, banking infrastructure, and CRA compliance requirements.
Free Migration from Any Software
Switching from QuickBooks, Sage, FreshBooks, or Xero? We'll move all your journal entries, chart of accounts, and financial data for free. Import yourself via Excel/CSV or let our team handle everything.
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