Add transactions overview

In this guide, you’ll learn the different ways to create transactions in Sage Sole Trader.

Watch a video tutorial:

 

What you need to record

Record business income and business expenses that relate to your self-employment.

If personal money comes into your linked account, categorise it as Non-business money in so it doesn’t count as business income. Similarly, for money out, you can choose Non-business money out.

Draft transactions overview

This is where you’ll create transactions and add categories to income and expense transactions. The tax categories are part of your digital record for Self Assessment.

Completed transactions overview

Once you Categorise your transaction and save, it moves to Completed transactions. This is your list of transactions for which you've applied a category.

Add your transactions

You can create transactions in several ways:

• Use a bank feed to automate transactions
• Import a bank statement for transactions older than 90 days
• Auto create from receipts or invoices
• Manually create transactions