Splitting bank transaction into personal and business

Hi, I’m sorry if this is a repeat of a question that seems to have been answered but I’m looking for a simple answer.

I’m a sole trader, not VAT registered. If a transaction comes through from my bank statement and I split it, how do I categorise one part of it as personal - or just delete the personal amount?

I feel like this should just be straight forward and simple and not require a ton of manual data entry…

Hi @Ralph_stokes

We have a section on this in our self employed expenses guide -

Self employed expenses

Hope that helps, but please let us know if you have any further queries

This topic was automatically closed after 7 days. New replies are no longer allowed.