Add a category to your Draft transactions to save them as Completed. Categories help you mark your business income and expenses for tax reporting.

 NOTE: You can't create custom categories.  

Learn about Self Assessment tax categories.

Before you begin

First, to open Sage Sole Trader select Go to Sole Trader from Home.

You can add categories at several stages of processing:

• When creating a new manual transaction (Money in or Money out)
• Processing an imported bank feed transaction
• While editing a draft transaction

 NOTE: If you use automatic categorisation, Sage Sole Trader suggests categories for some transactions. Always review the suggested category and change it if it doesn’t look right. You’re responsible for the final category used.

Add a category

1. Select the dropdown under Category.
2. Scroll through the list of categories and select the category that matches your transaction type. 
    TIP: Money moved between your own bank accounts isn’t income or an expense. Where available, record these as transfers so they don’t affect your business totals. 
3. Select Save. 

You have successfully added a category. The saved transaction will appear in the Completed transactions screen.

 TIP: You can toggle Show descriptions if you want to see the categories without descriptions.