Are you an accountant or bookkeeper?
It’s time to get your sole traders organised.
Learn more
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Expense management software that does the hard work for you
Save time and energy by doing your bookkeeping in real time. We’ll help you track and manage your business expenses throughout the year, so you can be sure you’re claiming everything you can.
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Categorise your transactions in real time
We’ll help you accurately categorise every single business expense as it happens—so that when it’s time to do your Self Assessment, the time-consuming bit has already been done.
Sort your transactions in bulk
If you categorise one transaction, we’ll look for other similar ones and make it easy for you to apply the same changes, all in one go—making expense management even easier.
Split part-personal, part-business transactions
If you only need to expense part of a specific transaction, you can easily split it in Coconut, indicate how much was associated with business, and categorise the expense as usual.
Scan and store expense receipts
Take photos of your expense receipts and add them to your transactions, all via the app. You can add notes, too—to give yourself (and your accountant, if you have one) more context.
Keep on track with handy notifications
If we get an inkling that any of your expenses needs to be re-categorised or checked on, we’ll give you a heads up—to ensure you’re keeping on top of managing your expenses all year round.
Common questions
Can I try Coconut for free?
What bank and current accounts can I connect?
Can I recategorise transactions?
Can I add receipts to expense transactions?
How do I know if I can expense a transaction?
How can I get in touch with the team?
Tools, tips and interesting reads
What Expenses Can I Claim As a Sole Trader?
When you’re a sole trader, you can deduct a wide range of business-related costs from your taxable profit. Here’s a handy list of the most common things which count as "allowable expenses".
The Top 5 Business Expenses You Didn't Know You Could Claim
Time for your annual tax return for HMRC? We’ve created a list of the top five business expenses most commonly overlooked.
Using Coconut to Categorise Your Transactions for Your Self Assessment
To ensure that all of the information in your Coconut tax return summary is right, it’s important to take the time to check that all of your transactions are categorised correctly. This helps us determine which transactions fall into income or expenses.
