How it works
How it works
How it works
As an unincorporated physician, your personal and business expenses run through the same accounts — deductions get missed and tax instalments catch most doctors off guard.
As an unincorporated physician, your personal and business expenses run through the same accounts — deductions get missed and tax instalments catch most doctors off guard.
As an unincorporated physician, your personal and business expenses run through the same accounts — deductions get missed and tax instalments catch most doctors off guard.
HelixMD fixes that — without the complexity
HelixMD fixes that — without the complexity
Connect your accounts
Securely link your bank accounts through Plaid. Your transactions are automatically pulled in.
HelixMD tags transactions with physician-specific like CMPA, OHIP and more by default.
Connect your accounts
Securely link your bank accounts through Plaid. Your transactions are automatically pulled in.
HelixMD tags transactions with physician-specific like CMPA, OHIP and more by default.
Review & tag transactions
All expenses default to Personal since your accounts are comingled — only you know what's a business expense.
Categorize once and check the box to create a rule.
Result: Your bookkeeping becomes 90% automated.
Review & tag transactions
All expenses default to Personal since your accounts are comingled — only you know what's a business expense.
Categorize once and check the box to create a rule.
Result: Your bookkeeping becomes 90% automated.
Numbers update in real-time
Your dashboard updates automatically as transactions come in. Income, expenses and taxes — all in one place.
HelixMD calculates your recommended quarterly tax instalments.
Numbers update in real-time
Your dashboard updates automatically as transactions come in. Income, expenses and taxes — all in one place.
HelixMD calculates your recommended quarterly tax instalments.
Spend 5 mins a month
After initial setup, all it takes is a quick monthly check-in to tag any one-off expenses and log mileage.
Lower your CRA tax bill & save time.
Spend 5 mins a month
After initial setup, all it takes is a quick monthly check-in to tag any one-off expenses and log mileage.
Lower your CRA tax bill & save time.
Export to your accountant
Download a CRA-aligned excel file with your income, expenses, and vehicle logs.
No more messy, manual spreadsheets.
Export to your accountant
Download a CRA-aligned excel file with your income, expenses, and vehicle logs.
No more messy, manual spreadsheets.
Explore
Dynamic Tax Estimator
Dynamic Tax Estimator
What is my next tax instalment? Know what to set aside.
What is my next tax instalment? Know what to set aside.
What can I safely spend? Visibility into your true after-tax income.
What can I safely spend? Visibility into your true after-tax income.
No more surprise CRA bills.
No more surprise CRA bills.
Mobile App for Receipts
Mobile App for Receipts
Download the mobile app for IOS or Android
Download the mobile app for IOS or Android
Snap pictures of receipts, our OCR technology will extract the details and automatically match it to the transaction in HelixMD
Snap pictures of receipts, our OCR technology will extract the details and automatically match it to the transaction in HelixMD
Perfect for those Parking and Meals receipts on the go!
Perfect for those Parking and Meals receipts on the go!
Coming Soon!
Coming Soon!
Doctor Specific Categories
Doctor Specific Categories
HelixMD uses categories aligned with what the CRA and firms like MNP expect — OHIP, CME, medical supplies and more. No more generic SMB labels.
HelixMD uses categories aligned with what the CRA and firms like MNP expect — OHIP, CME, medical supplies and more. No more generic SMB labels.
Smart Tagging
Smart Tagging
HelixMD applies physician-specific rules by default — OHIP, CMPA, UpToDate, and more are pre-categorized on connection
HelixMD applies physician-specific rules by default — OHIP, CMPA, UpToDate, and more are pre-categorized on connection
Set a rule once and HelixMD automatically categorizes all past and future transactions.
Set a rule once and HelixMD automatically categorizes all past and future transactions.
Spend 5 mins a month updating any one off expenses
Spend 5 mins a month updating any one off expenses
Financial Dashboard
Financial Dashboard
Always-up-to-date financial clarity:
Always-up-to-date financial clarity:
Next tax instalment & tax breakdown
Next tax instalment & tax breakdown
Income by source
Income by source
Expenses by category
Expenses by category
Income after expenses, CPP & taxes
Income after expenses, CPP & taxes
Net income and cashflow
Net income and cashflow
Accountant-Ready Export
Accountant-Ready Export
When your ready, click the export button for a CRA-aligned. Accountant approved file.
When your ready, click the export button for a CRA-aligned. Accountant approved file.
Excel format
Excel format
Tab for Income, Expenses & Mileage
Tab for Income, Expenses & Mileage
Zero cleanup required
Zero cleanup required
Vehicle Logging
Vehicle Logging
Log your business mileage and track using either CRA method:
Log your business mileage and track using either CRA method:
Actual vehicle expenses or
Actual vehicle expenses or
CRA per-kilometre rate
CRA per-kilometre rate
Features
Explore Features
Explore Features
Explore
Dynamic Tax Estimator
Dynamic Tax Estimator
What is my next tax instalment? Know what to set aside.
What is my next tax instalment? Know what to set aside.
What can I safely spend? Visibility into your true after-tax income.
What can I safely spend? Visibility into your true after-tax income.
No more surprise CRA bills.
No more surprise CRA bills.
Mobile App for Receipts
Mobile App for Receipts
Download the mobile app for IOS or Android
Download the mobile app for IOS or Android
Snap pictures of receipts, our OCR technology will extract the details and automatically match it to the transaction in HelixMD
Snap pictures of receipts, our OCR technology will extract the details and automatically match it to the transaction in HelixMD
Perfect for those Parking and Meals receipts on the go!
Perfect for those Parking and Meals receipts on the go!
Coming Soon!
Coming Soon!
Doctor Specific Categories
Doctor Specific Categories
HelixMD uses categories aligned with what the CRA and firms like MNP expect — OHIP, CME, medical supplies and more. No more generic SMB labels.
HelixMD uses categories aligned with what the CRA and firms like MNP expect — OHIP, CME, medical supplies and more. No more generic SMB labels.
Smart Tagging
Smart Tagging
HelixMD applies physician-specific rules by default — OHIP, CMPA, UpToDate, and more are pre-categorized on connection
HelixMD applies physician-specific rules by default — OHIP, CMPA, UpToDate, and more are pre-categorized on connection
Set a rule once and HelixMD automatically categorizes all past and future transactions.
Set a rule once and HelixMD automatically categorizes all past and future transactions.
Spend 5 mins a month updating any one off expenses
Spend 5 mins a month updating any one off expenses
Financial Dashboard
Financial Dashboard
Always-up-to-date financial clarity:
Always-up-to-date financial clarity:
Next tax instalment & tax breakdown
Next tax instalment & tax breakdown
Income by source
Income by source
Expenses by category
Expenses by category
Income after expenses, CPP & taxes
Income after expenses, CPP & taxes
Net income and cashflow
Net income and cashflow
Accountant-Ready Export
Accountant-Ready Export
When your ready, click the export button for a CRA-aligned. Accountant approved file.
When your ready, click the export button for a CRA-aligned. Accountant approved file.
Excel format
Excel format
Tab for Income, Expenses & Mileage
Tab for Income, Expenses & Mileage
Zero cleanup required
Zero cleanup required
Vehicle Logging
Vehicle Logging
Log your business mileage and track using either CRA method:
Log your business mileage and track using either CRA method:
Actual vehicle expenses or
Actual vehicle expenses or
CRA per-kilometre rate
CRA per-kilometre rate