Built for how Canada does business
Run your Canadian entities on the same platform as the rest of the world. ASPE and IFRS side by side, GST/HST with every provincial variation, CRA-ready returns, and direct bank connectivity — handled by agents, reviewed by your team.
Book a demoEverything a finance team in Canada needs
Whether you're expanding abroad from Canada or landing there as a global company, Light keeps every entity on one ledger.
ASPE & IFRS
Report under ASPE or IFRS as adopted in Canada, alongside your group standard, with multibook — no parallel spreadsheets.
GST, HST & PST
Federal GST, participating-province HST, Quebec's QST, and standalone provincial sales taxes applied via tax codes as transactions post.
CAD consolidation
Consolidate Canadian subsidiaries into CAD, USD, or any group currency in real time, with FX revaluations run automatically.
Canadian banking
Connect Canadian bank accounts via host-to-host integration or bank feeds — transactions reconcile automatically, and vendors get paid by EFT, Interac, and wire in CAD.
Sales tax, from invoice to the CRA
Canada taxes at two levels at once. Light handles both in the ledger — the right rate applied at posting, input tax credits tracked as they arise, and returns built continuously.
The GST/HST return is built continuously from posted transactions, with input tax credits accumulated line by line and every figure traceable to the entries behind it. Review, approve, and file with the CRA on your monthly, quarterly, or annual cycle — no exports, no re-keying.
HST provinces, Quebec's QST filed with Revenu Québec, and the standalone PST regimes in British Columbia, Saskatchewan, and Manitoba each carry their own rates, registrations, and recovery rules. Light applies the right treatment per entity and per province as transactions post, and keeps the recoverable and unrecoverable portions apart.
Place-of-supply rules decide which tax applies on interprovincial sales — Light resolves them from the transaction itself, so the return is right because the ledger is right.
Per diem and mileage, out of the box
Statutory Canadian travel and vehicle rates come natively with the platform — applied automatically, no rates to track down and enter by hand.
The CRA's reasonable meal and travel allowance rates for domestic and international business travel are applied automatically on every expense claim, and update the moment new rates are published.
The CRA's per-kilometre automobile allowance rate is applied automatically to every claim, stepped down at the statutory 5,000-kilometre threshold and topped up for the territories, with no manual rate lookups.
Compliant with how Canada audits
Canadian statutory requirements are built into the ledger, not bolted on.
CRA-ready records
Immutable postings and complete traceability from financial statements to source documents, retained for the six-year period the CRA expects.
Bilingual invoicing
Issue customer invoices in English or French per entity and per customer, so Quebec's French-language requirements are met without a separate process.
Host-to-host banking
Direct connections with major Canadian banks for statement collection and payment files at treasury-grade control.
One platform, every country you operate in
Canada is one of the many countries Light supports out of the box — same ledger, same close process, local requirements handled per entity.