Dashboard
Good morning! Here's your financial snapshot.
Cash Flow
Spending by Category —
Recent Transactions
See allTransactions
Track every dollar in and out.
| Date | Description | Category | Account | Amount |
|---|
Income
See exactly where your money comes from — salary, side hustles, investments, and more.
Income by Source — Monthly
Income Breakdown
Monthly Breakdown by Source
All Income Transactions
| Date | Description | Source | Account | Amount |
|---|
Budgets
Set spending limits and stay on track.
Savings Goals
Save for what matters to you — vacations, retirement, big purchases, and more.
Investments
Track your portfolio across all platforms.
Holdings
| Name | Platform | Type | Book Value | Current Value | Gain/Loss |
|---|
Portfolio Allocation
By Platform
Borrowed Investing
Track funds borrowed from credit or lines of credit that you've invested to generate income. Monitor your principal, growth, and deductible interest for CRA purposes.
When you borrow money (e.g. from a line of credit) and invest it in a non-registered (taxable) account to earn income, the interest you pay on that borrowed amount may be tax-deductible. This does not apply to tax-sheltered accounts (TFSA, RRSP, RESP). This page helps you track the borrowed principal, investment performance, and accumulated interest separately so everything is organized for tax time. Always confirm your interest rate and charges from your actual LOC/lender statement.
Tax-Year Interest Summary (CRA)
Interest paid on funds borrowed for the purpose of earning investment income may be deductible. Consult a tax professional for your specific situation.
Scenario Calculator
Read-only — does not modify your dataExplore "what if" scenarios before committing. Enter hypothetical numbers to see projected interest costs, tax savings, and breakeven returns.
This calculator is for illustrative purposes only. Actual results depend on your specific tax situation, investment returns, and lender terms. This is not financial advice.
Interest Deduction — How It Works
When you borrow money to earn investment income (dividends, rental income, interest, etc.), the interest you pay on those borrowed funds may be tax-deductible on your Canadian tax return (Line 22100).
What your accountant will need:
- Your annual interest paid on borrowed funds (tracked above)
- Proof that borrowed funds were used to earn income
- Your LOC or credit card statements showing interest charges
- Records of income earned from those investments
How the deduction is calculated: Your accountant applies the deductible interest against your pre-tax income using your marginal tax rate (federal + provincial combined). The actual savings depend on your total taxable income, province, and individual tax situation.
Tip: Use the "Print Annual Statement" button above to generate a document you can give to your accountant. It includes all the interest and income details they need, organized by CRA guidelines (IT-533).
Borrowed Funds Ledger
Track every draw from your LOC/HELOC, the running balance, and interest charged. Interest is calculated automatically based on your balance.
| # | Date | Draw Amount | Cumulative Balance | Interest Rate | Interest Charged | Cumulative Interest (Annual) |
|---|
Borrow Transaction Log
All draw and repayment transactions across your borrowed investments, sorted by date.
| Date | Investment | Type | Amount | Balance After | Interest Charged | Notes |
|---|
Business Primary Mortgage Recycling
Track the cycle: Business Income → Mortgage Prepayment → HELOC Reborrow → Back to Business. HELOC interest may be tax-deductible when funds are used for business purposes.
Mortgage Prepayment History
| # | Date | From Account | Prepayment Amount | Cumulative Prepaid | HELOC Room Created | Description |
|---|
HELOC Reborrows → Business
Auto-populated from transactions| # | Date | Description | Amount | HELOC Rate | Interest (Annual) | Cumulative Reborrowed | Account |
|---|
Deductible Interest Summary
HELOC interest on funds reborrowed for business purposes may be deductible. Provide this to your accountant alongside your HELOC statements.
Disclaimer: Opes Ledger organizes your financial records for tax preparation purposes. It is not tax software and does not generate CRA filings. Consult a qualified tax professional for your specific situation.
Rental Income Primary Mortgage Recycling
Track the cycle: Rental Income → Mortgage Prepayment → HELOC Reborrow → Rental Property Investment. HELOC interest may be tax-deductible when borrowed funds are used to earn rental income.
Mortgage Prepayment History
| # | Date | From Account | Prepayment Amount | Cumulative Prepaid | HELOC Room Created | Description |
|---|
HELOC Reborrows → Rental Property
Auto-populated from transactions| # | Date | Description | Amount | HELOC Rate | Interest (Annual) | Cumulative Reborrowed | Account |
|---|
Deductible Interest Summary
HELOC interest on funds reborrowed for rental property investment may be deductible. Report on T776 — Statement of Real Estate Rentals. Provide this to your accountant alongside your HELOC statements.
Disclaimer: Opes Ledger organizes your financial records for tax preparation purposes. It is not tax software and does not generate CRA filings. Consult a qualified tax professional for your specific situation.
Accounts
All your money in one place.
Total of All Accounts Over Time
Credit Cards
Track balances, charges, payments, and due dates for all your credit cards.
Lines of Credit
Track balances, draws, repayments, and interest on your personal LOC and HELOC.
Bank Connections
Import transactions from your Canadian bank or connect accounts.
Import Bank Transactions (CSV)
Download your transaction history as a CSV file from your bank's online banking, then upload it here. We'll auto-detect the format.
How to Download Your Bank CSV
Automatic bank connections with Flinks are coming soon. You'll be able to connect your bank once and have transactions sync automatically.
Supported Banks & Platforms
Investment Platforms
Categories
Create and manage your spending and income categories.
Expense Categories
Categories for tracking where your money goes.
Income Categories
Categories for tracking where your money comes from.
Auto-Categorize
Set up rules so transactions are automatically categorized. When a transaction description matches a keyword, it gets assigned the right category instantly.
When you add a transaction (or one comes in from a bank connection), the description is checked against your rules. If it matches a keyword, the category is auto-filled. Rules are also learned from your past transactions — categorize something once, and it remembers for next time.
Learned from History
These were automatically learned from your past transactions. When you categorize a transaction, it remembers the description for next time.
Custom Rules
Rules you've created manually. Keywords are matched against transaction descriptions (case-insensitive). You can use multiple keywords separated by commas.
Bulk Re-Categorize
Apply all rules to your existing transactions. This will update any uncategorized or mis-categorized transactions that match your rules.
Reports
Understand your spending habits.
Income by Month — Year Comparison
Expenses by Month — Year Comparison
Spending by Category — Year Comparison
Top 5 Spending Categories — 2026
Category Breakdown
Settings
Customize your experience.
Currency
Choose your display currency.
Appearance
Switch between light and dark mode.
Data
Export or reset your data.
Load Sample Data
Populate the app with realistic example data to explore all features.
Subscription
Your current plan and billing.
Account
Install App
Install Opes Ledger on your device for quick access and offline support.