Business Transaction Categories


#1

Is it me or could some improvements be made to the categories of payments for business accounts.?
Staff / Wages
Office Expenses
Telephone / Comms
Travel
Tax / vat
Insurance
Accountancy
Subscriptions / memberships
Consultancy
Materials
Tools
Stock

At the moment it is all very personal account centric, with ahopping, eating out, bills, etc


#2

Perhaps the HMRC expense guide could be a starting point, or a way to add our own categories would be amazing


#3

It’s not just you. This is needed. Not sure how many businesses need a “Pets” category!

HMRC categories would be a great start.


#4

Hi @Samuel_Newman,

This is certainly a must have for business accounts!

I’ll check with our product team to see whether this is something we are actively looking to implement.

Many thanks,


#5

Confirmation that we are actively looking to make these categories more specific!

No time frames at the moment but one to expect in the hopefully not too distant future :wink:


#6

And also for the personal account wouldn’t go amiss. The categories need expanding. A simple example - fuel!