Banking
Get to grips with money in and out of your business by wrangling your bank transactions
FreeAgent bank accounts
- How to add a new bank account
- How to edit a bank account
- How to hide a bank account
- How to delete a bank account
- What's the difference between personal and business bank accounts in FreeAgent?
- How to deal with a company credit card
Uploading bank transactions
Explaining and splitting bank transactions
Explaining 'money in' bank transactions
- How to explain money received into your bank account
- How to explain an overpayment from a customer
- How to explain capital introduced into a business
- How to explain a grant received under the Coronavirus Job Retention Scheme or Self-Employment Income Support Scheme
- How to explain a rent deposit received from a tenant
- How to pay off multiple invoices with one payment
Explaining 'money out' bank transactions
- How to explain money paid out of your bank account
- How to categorise a business cost
- How to explain a salary payment to an employee
- How to explain money taken out of a business by a sole trader or partner
- How to explain a Self Assessment payment to HMRC
- How to explain a VAT payment to HMRC
Editing bank transactions
Bank reconciliation
- How to deal with a loan from an individual
- How to match your FreeAgent bank balance to your bank account balance
- How to use the ‘Balance at bank’ feature
- How to enter bank transactions manually
- How to match a manual entry to an imported bank transaction
- How to deal with a loan from a bank or government scheme
Guess
Cashflow
Foreign and multi-currency
- How FreeAgent handles bank transactions in foreign currencies
- How to explain a foreign currency invoice bank transaction from a bank feed or statement upload
- How to create a manual bank transaction for a foreign currency invoice
- How to migrate to a foreign currency bank account in FreeAgent
- How to explain the transfer of funds to or from a foreign currency bank account in FreeAgent
