Business or personal, decided once
Mark transactions as business or personal and see the split in one report.
Freelancers and consultants
Irregular income, organised records.
Freelancing means lumpy income, mixed accounts and a tax season that arrives all at once. SpendixAI keeps the records tidy as you go.
Sound familiar?
The problems this solves.
- Business and personal spending share one account.
- Income changes every month, so budgets break.
- Invoices, GST and deductions are hard to find at filing time.
How SpendixAI helps
What you get.
GST and deductions on categories
Give categories a GST rate and ITC-eligible and tax-deductible settings so estimates are ready when you need them.
Cash flow, not just spending
See money in against money out month by month, with a running balance.
A typical month
How it fits into your routine.
Four small steps, once a month.
- 01
Mark business or personal
Decide when a transaction appears, or at least once a week.
- 02
Set up your categories
Give business categories their GST rate, ITC eligibility and tax-deductible settings.
- 03
Watch cash flow
Compare money in with money out each month, and keep a buffer for thin months.
- 04
Prepare for filing
Run the GST and deduction reports for the period and download them for your CA.
Questions it answers
Ask your money a question.
Each one is answered by a report in the Report library, built from your own transactions.
How much did the business spend this quarter?
Open the “Business vs personal” report.
What GST is inside my business purchases?
Open the “GST and ITC-eligible spend” report.
Which expenses might be deductible?
Open the “Tax-deductible expenses” report.
Did more come in than went out last month?
Open the “Net cash flow” report.
What do my foreign-currency expenses really cost?
Open the “Foreign-currency spend” report.
Features
Parts of the product that matter most.
Questions
Questions from freelancers and consultants
Can I separate business and personal spending in one account?
Yes. Mark each transaction as business or personal, and transactions you have not confirmed show as Unclassified until you decide.
Can I send my CA a report?
Reports download as CSV, and the Export centre has templates for Tally, Zoho Books and QuickBooks.
Does SpendixAI file my taxes?
No. Its GST and deduction figures are estimates to check against your invoices. Your CA decides what can be claimed.
Guides
Read next
Budgeting with irregular income: a practical method for freelancers
When income changes every month, a normal budget breaks. Use a baseline, an average and a buffer, and let your records show the real numbers.
Read articleSeparate business and personal spending without a second bank account
Freelancers and small business owners can keep personal and business expenses apart with simple habits and a clean monthly review.
Read article
Tax season without the scramble: getting your expense records ready
A financial year of tidy records makes filing easier. See what to collect, how to organise it through the year and what to hand your CA.
Read article
Tracking expenses in more than one currency
Travel, overseas software and foreign clients mean spending in dollars, euros or dirhams. Here is how to keep one clear total.
Read articleReady to start?
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