Banking
Get to grips with money in and out of your business, by wrangling your bank transactions
Essentials
- How to use the ‘Balance at bank’ feature
- How to delete a bank account
- How to create a director’s loan account
- What's the difference between personal and business bank accounts in FreeAgent?
- What are Smart User Payments?
- Recording income: do I have to create invoices?
Explaining bank transactions
- How to explain a grant received under the Coronavirus Job Retention Scheme or Self-Employment Income Support Scheme
- How to explain bank transactions
- Explain a bounced cheque received
- How to split a transaction for commission or charges deducted
- How to split a bank transaction between two categories
- How to edit and remove bank transaction explanations
Bank transactions
- How to upload bank transactions from a bank statement
- How to delete bank transactions
- CSV file formats for bank uploads
- Which bank statement formats does FreeAgent support?
- How to search for bank transactions
- How to enter bank transactions manually
Guess
Money in and out
- How to manage till takings for shops
- How to record the transfer of funds between bank accounts in FreeAgent
- Reverse money in and money out
- Entering money in and out of the business (sole trader or partner)
- Entering money in and out of the business (limited companies)
- Why can't I see the 'Money Paid to User' or 'Money Received from User' options when explaining a bank transaction?
