Smola Designs SMOLA · BUSINESS
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Smola Designs · Business

Business ledger.

Q2 2026

Meetings ·

Sun
Mon
Tue
Wed
Thu
Fri
Sat
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    Gross income · YTD

    $17,770.00

    5 invoices

    Expenses · YTD

    $859.77

    10 entries

    Net profit

    $16,910.23

    before tax

    HST owing

    $2,211.15

    collected $2,310.10 · paid $98.95

    Recent invoices

    DateClient#StatusAmount
    May 21 Kings Peak Partners SD-2026-018 paid $4,520.00
    May 13 Moon-Matz Engineering SD-2026-017 paid $2,800.00
    May 8 OML SD-2026-016 sent $1,850.00
    May 1 Oxford HR Group SD-2026-015 paid $3,200.00
    Apr 21 WILCO SD-2026-014 overdue $5,400.00

    Action items

    • 1 overdue invoice · $5,400.00 unpaid
    • 5 expenses missing receipt attachment
    • HST filing · next quarter ends Jun 30
    • Tax estimate · $4,227.56 (25% of net profit)

    Paid

    $10,520.00

    3 invoices

    Outstanding

    $7,250.00

    2 unpaid

    HST collected

    $2,310.10

    to remit

    All invoices

    DateClientInvoice #GrossHSTStatusPaid date
    May 21 Kings Peak Partners SD-2026-018 $4,520.00 $587.60 paid May 22
    May 13 Moon-Matz Engineering SD-2026-017 $2,800.00 $364.00 paid May 18
    May 8 OML SD-2026-016 $1,850.00 $240.50 sent
    May 1 Oxford HR Group SD-2026-015 $3,200.00 $416.00 paid May 11
    Apr 21 WILCO SD-2026-014 $5,400.00 $702.00 overdue

    Total (business %)

    $859.77

    10 entries

    HST paid (ITC)

    $98.95

    reclaimable

    Missing receipts

    5

    attach via Sheet OCR

    All expenses

    DateVendorCategoryAmountHSTBiz %Receipt
    May 20 Adobe Software $79.99 $9.20 100% View ↗
    May 18 Staples Office $56.40 $6.49 100% View ↗
    May 15 Cleveland Hotel Travel $312.00 $35.91 100% View ↗
    May 14 Crabby Joe's Meals50 $84.50 $9.72 50% View ↗
    May 12 Google Ads Advertising $248.00 $28.55 100% View ↗
    May 9 GitHub Software $12.42 $1.43 100% missing
    May 5 Canva Pro Software $16.99 $1.96 100% missing
    May 2 Petro-Canada Vehicle $64.20 $7.39 65% missing
    Apr 28 Notion Software $10.00 $1.15 100% missing
    Apr 23 LinkedIn Premium Advertising $39.99 $4.60 100% missing

    Total km · YTD

    361

    5 trips

    Rate

    $0.70/km

    CRA 2026 standard

    Deduction

    $252.70

    writable off

    Trip log

    DateFromToPurposeClientkm$
    May 21 KitchenerToronto Client visit Kings Peak Partners 105 $73.50
    May 14 KitchenerHamilton Site review Moon-Matz 78 $54.60
    May 9 KitchenerCambridge Coffee mtg OML 22 $15.40
    May 1 KitchenerBurlington Workshop Oxford HR Group 64 $44.80
    Apr 25 KitchenerMississauga Pitch WILCO 92 $64.40

    Active projects

    0 · projects

    Period summary

    Gross income

    $17,770.00

    Total expenses

    $859.77

    Mileage deduction

    $252.70

    Net profit

    $16,657.53

    LineAmountHSTTotal
    Income (revenue)$17,770.00$2,310.10$20,080.10
    Office · 1 $49.91 $6.49 $56.40
    Travel · 1 $276.09 $35.91 $312.00
    Meals50 · 1 $37.39 $4.86 $42.25
    Vehicle · 1 $36.93 $4.80 $41.73
    Advertising · 2 $254.84 $33.15 $287.99
    Software · 4 $105.66 $13.74 $119.40
    Mileage (361 km × $0.7)$252.70$252.70
    HST owing to CRA$2,211.15
    Net profit (pre-tax)$16,657.53
    Tax estimate (25%)$4,164.38

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    10 · expenses 5 · invoices 5 · trips 5 · receipts 5 · missing receipts

    Business receipts

    5

    on file

    Total value

    $780.89

    Missing

    5

    expenses without receipt

    Cleveland Hotel $312.00
    May 15 Travel
    Open ↗
    Crabby Joe's $84.50
    May 14 Meals50
    Open ↗
    Google Ads $248.00
    May 12 Advertising
    Open ↗
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