📌 One place for every dollar earned and spent on your creator business. Built around Canadian sole-proprietor reporting (Form T2125), but the logging habit works anywhere.

How to use this

Two databases live on this page: Income Log (everything you earn) and Expense Log (everything you spend to earn it). Log things as they happen, that is the whole trick. Reconstructing it in April is the painful version.

Logging income

1. Add a row the day you get paid.
2. Pick the Stream and the Client Type, since domestic versus foreign clients are treated differently for sales tax.
3. Enter the Amount in its original currency and set Currency.
4. For USD, enter the FX Rate — use your central bank's rate on the day you were paid, or the annual average rate applied consistently. For home-currency income, set FX Rate to 1.
5. Amount CAD and Tax Reserve (30%) calculate themselves. Move that reserve into a separate savings spot so the tax bill is already covered.

Logging expenses

1. Add a row each time you spend money to earn income: software, gear, fees, home office portion, and so on.
2. Pick the Category. These map to T2125 expense lines and are explained in the Deductible Expense Reference.
3. Enter Amount CAD and the Sales Tax Paid portion on the receipt, tracked separately in case you register and want to claim it back as an input tax credit.
4. Set Business % from 0 to 100. If something is fully business, enter 100. For a phone that is 60 percent business, enter 60.
5. Deductible calculates automatically, and it halves Meals & Entertainment to 50 percent for you.

Quick reminders

• Set aside around 30 percent of every payment for income tax and pension contributions. Self-employed, you pay both halves.
• Keep receipts. Attach them in the Receipt column or note where they live.
• Foreign income is often zero-rated for sales tax but still counts toward registration thresholds. Watch your rolling total.
• Filing: in Canada, self-employment income goes on Form T2125 with your T1. File by June 15, but pay anything owing by April 30.