What does the Bookkeeping feature do?
Say goodbye to shoeboxes full of receipts! Bookkeeping not only tells you what additional information you need to record on transactions, but it also helps you to record it more easily – in a matter of clicks. See which transactions have VAT details recorded (if you’re registered for VAT), and which ones have receipts or invoices attached to them from the app, so you can be confident you’re keeping all the records you need.
You can also view the business category assigned to a transaction (with tips to help you choose), as well as the allowable tax amount to help you understand your P&L. If you’ve made any transactions outside your Starling business account, you can add them as external transactions using the Bookkeeping tool. By keeping all your records in one place, you can get a complete picture of your business and even file VAT returns.