Use one bank account across multiple Sage businesses - FAQ

How to manage multiple businesses in Sage Accounting and Sage Sole Trader when they share a single bank account.

Can a sole trader have more than one Sage business?

Yes. If you run more than one business as a sole trader, you can manage each one in Sage. You'll need a separate subscription for each business.

For Making Tax Digital (MTD) for Income Tax in Sage Sole Trader, each subscription supports one business only. To manage multiple businesses, you can combine products across the Sage range. For example:

• One business in Sage Sole Trader Free
• One business in Sage Sole Trader Paid
• One business in Sage Accounting

Can two Sage businesses share the same bank account?

Yes. You can connect the same bank account to more than one Sage business, even across different Sage products. This works for sole traders who receive all income.

Each Sage business operates as a separate set of books. When you connect the same bank account to each one, transactions appear in both. You then categorise each transaction in the business it belongs to.

What you need to know before you start

Before you connect a shared bank account to multiple businesses, keep the following in mind:

• Categorise each transaction in the correct business
• Only allocate income and expenses to the business they relate to
• Keep clear records to support your tax return for each business
• HMRC expects accurate, separate records for each sole trader business you run