Accounting tools
We've put together a list of free accounting tools that any small business owner can make use of.
Sales tax calculator
As a business owner, it’s important that you collect the correct amount of sales tax from your buyers. Use this sales tax calculator to figure out the different rates within each Canadian province. Scroll down for more information on how to use this tool.
Margin calculator
Calculating your margin will help you find the right selling price for your product so you can optimize your profits. To use this calculator, simply enter the gross cost for your item and then how much money you’d like to make on each sale.
Loan calculator
When you’re looking for debt financing, there are many different types of lenders to turn to. While you don’t necessarily need to know the nuances of financing, it helps to know your specific needs so your lender can direct you accordingly. Our loan calculator will help you determine your estimated payments for different loan amounts, interest rates, and terms.
Freelance budget calculator
Knowing what to charge and when to raise your rates is one of the hardest things you have to figure out as a freelancer. Our budget calculator can help you take the guesswork out of setting your freelance rate, whether it’s by hour or by project. When you get a clearer sense of what your income needs to be, you can feel more confident knowing how much you need to charge.
Budget calculator
Fewer things are more critical to your business’ financial future than an accurate and realistic budget. Sounds simple—and it can be—but effective budgeting can make a huge difference in your bottom line. Use this budget calculator to get a clear view of your organization’s financial outlook.
Cash flow calculator
Use this calculator to determine if the money coming into your business (i.e. revenue and income) is enough to cover your financial obligations (i.e. payroll and other expenses) for a set period. For a business to be successful in the long term, it needs to generate profits while also being cash flow positive.
Burn rate calculator
Use this burn rate calculator to see how long it will take your business to reach profitability. This calculation is key to measuring sustainability and is especially helpful for start-ups when it comes to deciding when, where and how much to invest in your business.