Klarbon has not found an official source for a general e-invoicing obligation for businesses in Canada. For GST/HST, the Canada Revenue Agency (CRA) accepts electronic records as support for input tax credits, provided they contain the prescribed information.
This page summarises the CRA's GST/HST Memorandum 8.4 on documentary requirements for input tax credits, checked on 5 November 2026. It is not tax advice; your CPA can tell you how the rules apply to you.
What applies to whom?
| Topic | Who | From | Channel | Status | Source |
|---|---|---|---|---|---|
| Electronic records as support for input tax credits | GST/HST registrants claiming input tax credits | the source gives no date | any form, including electronic systems | accepted, with the prescribed information | CRA |
| General e-invoicing obligation for businesses | no official source found |
The CRA defines an invoice to include a statement of account, a bill and any similar record, whatever its form. Supporting documentation for an input tax credit can be an invoice, a receipt, a credit card receipt, a debit note, a ledger, a written contract, or a record in a computerised or electronic system. The CRA notes that many registrants keep their financial records electronically, and that some supplies, such as electronic transfers, may have no paper document at all (CRA).
Which bank file formats can Klarbon handle?
| Format | Klarbon support |
|---|---|
| OFX | read in beta, write live |
| QFX (the Quicken variant of OFX) | read and write in beta |
| QIF | read and write in beta |
What can Klarbon do with Canadian files?
| You want to | Tool | Limit |
|---|---|---|
| Turn a statement file, such as QFX, QIF or OFX, into a file your accounting software imports | convert a bank statement to OFX | reading in beta; free preview with balance check; one credit per started 500 transactions; QFX and QIF output in beta |
| Turn a statement file into a spreadsheet | convert a bank statement to Excel | same |
| Read a European e-invoice from a customer or supplier | open an e-invoice, free | European formats only |
Related
E-invoicing deadlines by country
| Country | Scope | Obligation | From | Who | Source |
|---|
Frequently asked questions
Is e-invoicing mandatory in Canada?
Klarbon has not found an official source for a general e-invoicing obligation for businesses in Canada. That does not rule out rules for particular buyers, provinces or sectors, so check with your buyer or adviser.
Can an electronic invoice support an input tax credit claim?
Yes. According to the Canada Revenue Agency, supporting documentation for an input tax credit includes any record held in a computerised or electronic retrieval or data storage system, and an invoice includes any similar record regardless of its form. The record must still contain the information the regulations prescribe.
Which bank file formats does Klarbon handle for Canadian accounts?
Klarbon writes OFX, reads OFX in beta, and reads and writes QFX and QIF in beta. It can also convert a statement file to Excel or CSV. Reading PDF statements is not available yet.