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.
EXAMPLE:
Rental payments, into a single personal or business account.
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.
NOTE:
If you set up your bank account this way, it shows transactions from both businesses, regardless of which business you’re logged into. Only categorise transactions for the business you’re currently logged into, then delete the others.
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
TIP:
If most of your transactions relate to one business, set up your bank rules in that business first. This saves time on categorisation.
- Solution ID
- 260428101449520
- Last Modified Date
- Tue May 26 09:11:05 UTC 2026
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