Updated: June 2026
Field & Ledger exists as a practical reference for people who run small businesses in Canada and need to understand how bookkeeping works—without wading through dense accounting textbooks or paying for a consultation just to answer a basic question.
The site focuses on the operational side of bookkeeping: how receipts should be stored, what counts as a deductible expense, how to structure an invoice, and what documents the Canada Revenue Agency expects when tax season arrives.
What this site covers
The content is organized around four core areas that come up repeatedly for Canadian small business owners:
- Receipt organization — How to capture and file receipts consistently throughout the year, and what the CRA requires in terms of documentation.
- Expense tracking — The mechanics of separating business from personal spending, choosing a tracking method, and understanding which categories of expense are deductible under the Income Tax Act.
- Invoicing — What a compliant invoice looks like, how to number invoices, when to include a GST/HST number, and how to handle overdue accounts.
- Tax season preparation — The documents, deadlines, and filing requirements for both sole proprietors (T1 with Schedule C) and Canadian-controlled private corporations (T2).
What this site is not
Field & Ledger does not provide accounting, legal, or tax advice. The information here is general and educational. Tax situations vary significantly depending on business structure, province, industry, and individual circumstances.
For anything involving specific numbers, filing decisions, or dispute resolution with the CRA, a licensed accountant or tax professional should be consulted.
Sources and accuracy
Where specific rules or thresholds are referenced—such as the $30,000 GST/HST registration threshold or the six-year record retention requirement—these are drawn from publicly available CRA guidance. Regulations change, and readers should verify current requirements directly at canada.ca.
No statistics or research findings are cited unless they come from a publicly identifiable source. Where exact figures are uncertain, the text says so rather than approximating.
Contact
Questions or corrections about the content can be submitted using the contact form on the homepage. Responses are not guaranteed, and personal accounting questions will not be answered.
