Banking
How to manage bank accounts and explain bank transactions in FreeAgent.
FreeAgent bank accounts
- Add a new bank account
- Edit a bank account
- Hide a bank account
- Delete a bank account
- What's the difference between personal and business bank accounts in FreeAgent?
- Company credit card transactions
Uploading bank transactions
Explaining and splitting bank transactions
Explaining 'money in' bank transactions
- Deal with small underpayments
- Explain money received into your bank account
- Explain an overpayment from a customer
- Explain capital introduced into a business
- Pay off multiple invoices with one payment
- Record commission income
Dealing with e-commerce transactions
Explaining 'money out' bank transactions
- Explain money paid out of your bank account
- Categorise a business cost
- Explain a salary payment to an employee
- Explain pension payments
- Explain money taken out of a business by a sole trader or partner
- Explain a Self Assessment payment to HMRC
Dealing with bank loans
Editing bank transactions
Bank reconciliation
- Match your FreeAgent bank balance to your bank account balance
- Using FreeAgent's ‘Balance at bank’ feature
- Enter a bank transaction manually
- Match a manual entry to an imported bank transaction
- Record inter-business transactions
- Record till takings for shops
Guess
Foreign and multi-currency
- How FreeAgent handles bank transactions in foreign currencies
- Explain a foreign currency invoice bank transaction from a bank feed or statement upload
- Create a manual bank transaction for a foreign currency invoice
- Migrate to a foreign currency bank account in FreeAgent
- Explain funds transferred to or from a foreign currency bank account
- Record cryptocurrency transactions