Overview
2025 Year to Date
Monthly income
Top products
Payment methods
Sales ledger
Track every sale — cash, e-transfer, or trade
Business expenses
Direct costs: ingredients, packaging, equipment, supplies
Ingredients — food inputs used in baking. Packaging — bags, labels, twine. Supplies — consumables like baskets or parchment. Equipment — durable tools (scale, rack) that last beyond one season. Advertising — promotion costs. Other — anything that doesn't fit above.
| Date | Vendor | Category | Description | Amount |
|---|
Home-use deduction
CRA business-use-of-home calculation for T2125
💡 Bulk import: Upload a Buddy CSV on the Expenses tab — home-use and vehicle expenses are automatically detected and sorted into the right tabs.
Home size
Total home size (sq ft)
1,454
Kitchen / baking workspace (sq ft)
200
Time used for baking
Average baking hours per day
8
Add a home expense
Home expenses — 2025
Total: $0.00
| Date | Category | Description | Amount |
|---|
Annual summary — all years
| Year | Total expenses | Effective use % | CRA deduction |
|---|
Deduction calculator — 2025
Workspace percentage
kitchen ÷ total home
13.8%
Time usage percentage
baking hrs ÷ 24 hrs
33.3%
Effective business use
workspace % × time %
4.6%
Total annual home expenses
Sum of all entries for selected year
$0.00
Allowable home business deduction
CRA Form T2125
$0.00
Flavours & Pricing
Recipes, ingredient costs, and suggested retail prices
Flavour performance
▼ show
Ingredient price list
▼ show
Vehicle use
CRA business-use-of-vehicle log for T2125
💡 Bulk import: Upload a Buddy CSV on the Expenses tab — vehicle costs are automatically detected and routed here with your monthly business-use % pre-filled.
Monthly odometer
Enter start and end odometer to see your business-use percentage for this month.
Vehicle costs this month
| Date | Category | Description | Amount | Biz use % | Deductible |
|---|
Log a trip
Trips this month
| Date | Business km | Purpose | CRA rate | Deductible |
|---|
Annual km summary
| Month | Odo Start | Odo End | Total km | Business km | Biz use % |
|---|
T2125 Summary
CRA Statement of Business Activities — self-employed home bakery
1 — Gross income
Total bakery revenue
All sales including cash, e-transfer, and trades
$0.00
Cash revenue
Sales paid in cash
$0.00
E-Transfer revenue
Sales paid by e-transfer
$0.00
2 — Direct business expenses
Ingredients
$0.00
Packaging
$0.00
Supplies
$0.00
Equipment
$0.00
Other
$0.00
Total direct expenses
$0.00
3 — Home business-use deduction
Allowable home expense
Based on workspace % × time usage %
$0.00
4 — Vehicle expenses
Per-km deductible
Based on CRA $0.72/$0.66 per-km method
$0.00
Insurance (business portion)
Actual cost × monthly business-use %
$0.00
Maintenance (business portion)
Actual cost × monthly business-use %
$0.00
Other vehicle costs
$0.00
Total vehicle deduction
Use the higher of per-km OR actual costs — not both
$0.00
Net business income
Gross income
$0.00
Less: total expenses
($0.00)
Less: home deduction
($0.00)
Less: vehicle deduction
($0.00)
Net income for T2125 line 9946
$0.00
This amount goes on CRA Form T2125, line 9946. If net income exceeds ~$30,000, you may need to register for GST/HST. Consult a tax professional for your specific situation.
Customers
All time