Point your phone at a receipt and LQID's AI reads the vendor, total, and tax in seconds — sorts it into the right CRA category and captures the HST you can claim back. No typing, no shoebox.
The AI does the typing. You confirm. It's already sorted, claimed, and in your books.
Point your phone at the receipt or upload a photo. LQID reads the vendor, date, total, and tax automatically — in a couple of seconds, with no typing.
Phone camera or uploadReading receipt… vendor, date, total & HST extracted
Every expense is sorted into the right CRA category — the same ones on your T2125. The AI suggests; you confirm or change it with one tap. Nothing is locked.
22 CRA categoriesThis is money most people leave on the table. If you're registered for GST/HST, LQID captures the Input Tax Credit on every eligible expense — straight off what you owe the CRA.
HST Input Tax Credits, capturedEach expense posts to your profit & loss, the ITCs land on your next HST return, and it's all ready for year-end — without re-entering anything.
Flows into reports, HST & year-endEvery scan is a suggestion you can confirm or correct in one tap. Nothing is locked in behind your back.
22 CRA-aligned categories, the meals 50% rule, and province-correct HST — all handled for you.
LQID shows set-asides and credits as estimates — always verify with your accountant before you file.
Snap a photo or upload one — LQID's AI extracts the vendor, date, total, tax, and a suggested category in seconds. You review it and save.
The 22 CRA-recognized expense categories from the T2125, so your books line up exactly with what you file at year-end.
Yes — meals are flagged as 50% deductible for income tax, while the full HST is still captured as an Input Tax Credit, the way the CRA allows.
If you're registered for GST/HST, LQID captures the Input Tax Credit on each eligible expense and carries it to your next return — reducing the net HST you owe. It's an estimate to guide you, not a filing.