Accounting

Accounting categories

• How to view or edit an accounting category
• How to add a new accounting category
• How to delete an accounting category
• How to export a chart of accounts

Journal entries

• How to create journal entries
• How to edit or delete journal entries
• How to copy or reverse journal entries

Breakdown reports

• Aged Debtors
• Aged Creditors
• Capital Assets
• Spending Categories Report

Detailed reports

• Show Transactions
• Trial Balance

Capital asset essentials

• Capital assets explained

Capital asset purchases

• Purchase of a capital asset after the FreeAgent start date
• Purchase of a capital asset before the company start date
• Purchase of a capital asset between start dates
• Asset bought for mixed use

Capital assets bought on hire purchase

• Asset bought on hire purchase

Prepayments and accruals

• How to record prepayments
• How to record accruals
• How to accrue or defer income