[{"data":1,"prerenderedAt":1091},["ShallowReactive",2],{"help-navigation":3,"help:\u002Fhelp\u002Fself-assessment\u002Fself-assessment-settings":862,"help-surround:\u002Fhelp\u002Fself-assessment\u002Fself-assessment-settings":1088},[4],{"title":5,"path":6,"stem":7,"children":8,"page":861},"Help","\u002Fhelp","help",[9,60,89,118,152,181,232,250,273,309,339,399,460,530,560,613,642,706,735,791,820],{"title":10,"path":11,"stem":12,"children":13,"icon":58,"summary":59,"section":18},"Getting started","\u002Fhelp\u002Fgetting-started","help\u002F01.getting-started\u002Findex",[14,21,26,32,37,42,47,53],{"title":15,"path":16,"stem":17,"icon":18,"summary":19,"section":20,"children":-1},"What is Kontala?","\u002Fhelp\u002Fgetting-started\u002Fwhat-is-kontala","help\u002F01.getting-started\u002F01.what-is-kontala",null,"An overview of what Kontala does and who it is for","The basics",{"title":22,"path":23,"stem":24,"icon":18,"summary":25,"section":20,"children":-1},"A quick tour of Kontala","\u002Fhelp\u002Fgetting-started\u002Fa-tour-of-kontala","help\u002F01.getting-started\u002F02.a-tour-of-kontala","Find your way around the app in two minutes",{"title":27,"path":28,"stem":29,"icon":18,"summary":30,"section":31,"children":-1},"Create your Kontala account","\u002Fhelp\u002Fgetting-started\u002Fcreate-your-account","help\u002F01.getting-started\u002F03.create-your-account","Sign up, verify your email, and set your password","Your account",{"title":33,"path":34,"stem":35,"icon":18,"summary":36,"section":31,"children":-1},"Signing in to Kontala","\u002Fhelp\u002Fgetting-started\u002Fsigning-in","help\u002F01.getting-started\u002F04.signing-in","Email and password, Google sign-in, and password resets",{"title":38,"path":39,"stem":40,"icon":18,"summary":41,"section":31,"children":-1},"Secure Password","\u002Fhelp\u002Fgetting-started\u002Fsecure-password","help\u002F01.getting-started\u002F05.secure-password","Choose a password that actually protects your books",{"title":43,"path":44,"stem":45,"icon":18,"summary":46,"section":31,"children":-1},"Your first time in Kontala","\u002Fhelp\u002Fgetting-started\u002Fwhat-happens-after-signup","help\u002F01.getting-started\u002F06.what-happens-after-signup","Where you land and what to do first",{"title":48,"path":49,"stem":50,"icon":18,"summary":51,"section":52,"children":-1},"Set-up checklist for a new company","\u002Fhelp\u002Fgetting-started\u002Fset-up-checklist","help\u002F01.getting-started\u002F07.set-up-checklist","From a fresh company to ready for bookkeeping, in order","Setting up your company",{"title":54,"path":55,"stem":56,"icon":18,"summary":57,"section":52,"children":-1},"Moving to Kontala from another system","\u002Fhelp\u002Fgetting-started\u002Fmoving-to-kontala","help\u002F01.getting-started\u002F08.moving-to-kontala","Switch from another system in a sensible order","i-lucide-rocket","What Kontala is, your account, and setting up your company",{"title":61,"path":62,"stem":63,"children":64,"icon":87,"summary":88,"section":18},"Tala, your AI assistant","\u002Fhelp\u002Ftala","help\u002F02.tala\u002Findex",[65,71,76,82],{"title":66,"path":67,"stem":68,"icon":18,"summary":69,"section":70,"children":-1},"What Tala can do","\u002Fhelp\u002Ftala\u002Fwhat-tala-can-do","help\u002F02.tala\u002F01.what-tala-can-do","The questions Tala can answer and the actions it can propose","Meet Tala",{"title":72,"path":73,"stem":74,"icon":18,"summary":75,"section":70,"children":-1},"What Tala can see","\u002Fhelp\u002Ftala\u002Fwhat-tala-can-see","help\u002F02.tala\u002F02.what-tala-can-see","Your organisation only, at your permission level",{"title":77,"path":78,"stem":79,"icon":18,"summary":80,"section":81,"children":-1},"Asking Tala questions","\u002Fhelp\u002Ftala\u002Fasking-tala-questions","help\u002F02.tala\u002F03.asking-tala-questions","Phrasing tips and example questions to try","Working with Tala",{"title":83,"path":84,"stem":85,"icon":18,"summary":86,"section":81,"children":-1},"Tala's action proposals","\u002Fhelp\u002Ftala\u002Ftala-action-proposals","help\u002F02.tala\u002F04.tala-action-proposals","Review and confirm the changes Tala drafts","i-lucide-sparkles","Ask about your books and confirm the changes Tala drafts",{"title":90,"path":91,"stem":92,"children":93,"icon":116,"summary":117,"section":18},"Contacts","\u002Fhelp\u002Fcontacts","help\u002F03.contacts\u002Findex",[94,100,105,111],{"title":95,"path":96,"stem":97,"icon":18,"summary":98,"section":99,"children":-1},"Create and edit contacts","\u002Fhelp\u002Fcontacts\u002Fcreate-and-edit-contacts","help\u002F03.contacts\u002F01.create-and-edit-contacts","Add customers and suppliers and keep their details up to date","Managing contacts",{"title":101,"path":102,"stem":103,"icon":18,"summary":104,"section":99,"children":-1},"Contact groups","\u002Fhelp\u002Fcontacts\u002Fcontact-groups","help\u002F03.contacts\u002F02.contact-groups","Organise contacts into groups and filter the list by them",{"title":106,"path":107,"stem":108,"icon":18,"summary":109,"section":110,"children":-1},"Contact activity and attachments","\u002Fhelp\u002Fcontacts\u002Fcontact-activity-and-attachments","help\u002F03.contacts\u002F03.contact-activity-and-attachments","One feed of a contact's documents, plus attached files","Statements and activity",{"title":112,"path":113,"stem":114,"icon":18,"summary":115,"section":110,"children":-1},"Send a statement of account","\u002Fhelp\u002Fcontacts\u002Fsend-a-statement-of-account","help\u002F03.contacts\u002F04.send-a-statement-of-account","View, download, or email a contact's statement","i-lucide-users","Customers, suppliers, groups, and statements",{"title":119,"path":120,"stem":121,"children":122,"icon":150,"summary":151,"section":18},"Products and services","\u002Fhelp\u002Fproducts-and-services","help\u002F04.products-and-services\u002Findex",[123,129,134,140,145],{"title":124,"path":125,"stem":126,"icon":18,"summary":127,"section":128,"children":-1},"Create items","\u002Fhelp\u002Fproducts-and-services\u002Fcreate-items","help\u002F04.products-and-services\u002F01.create-items","Add catalogue items with sale and purchase defaults","Your price list",{"title":130,"path":131,"stem":132,"icon":18,"summary":133,"section":128,"children":-1},"Use items on documents","\u002Fhelp\u002Fproducts-and-services\u002Fuse-items-on-documents","help\u002F04.products-and-services\u002F02.use-items-on-documents","Pick items on document lines and override them per line",{"title":135,"path":136,"stem":137,"icon":18,"summary":138,"section":139,"children":-1},"Tracked inventory","\u002Fhelp\u002Fproducts-and-services\u002Ftracked-inventory","help\u002F04.products-and-services\u002F03.tracked-inventory","Turn on stock tracking and see what changes","Stock",{"title":141,"path":142,"stem":143,"icon":18,"summary":144,"section":139,"children":-1},"Stock movements","\u002Fhelp\u002Fproducts-and-services\u002Fstock-movements","help\u002F04.products-and-services\u002F04.stock-movements","Bills add stock, invoices consume it, credit notes return it",{"title":146,"path":147,"stem":148,"icon":18,"summary":149,"section":139,"children":-1},"Stock write-downs","\u002Fhelp\u002Fproducts-and-services\u002Fstock-write-downs","help\u002F04.products-and-services\u002F05.stock-write-downs","Scrap stock, or revalue it down to what it is now worth","i-lucide-package","Your item catalogue, price defaults, and stock tracking",{"title":153,"path":154,"stem":155,"children":156,"icon":179,"summary":180,"section":18},"Estimates","\u002Fhelp\u002Festimates","help\u002F05.estimates\u002Findex",[157,163,168,173],{"title":158,"path":159,"stem":160,"icon":18,"summary":161,"section":162,"children":-1},"Create an estimate","\u002Fhelp\u002Festimates\u002Fcreate-an-estimate","help\u002F05.estimates\u002F01.create-an-estimate","Price a job as an estimate, quote, or proposal","Creating and sending",{"title":164,"path":165,"stem":166,"icon":18,"summary":167,"section":162,"children":-1},"Send an estimate","\u002Fhelp\u002Festimates\u002Fsend-an-estimate","help\u002F05.estimates\u002F02.send-an-estimate","Download the PDF or email it to your customer",{"title":169,"path":170,"stem":171,"icon":18,"summary":172,"section":162,"children":-1},"Manage your estimates","\u002Fhelp\u002Festimates\u002Fmanage-your-estimates","help\u002F05.estimates\u002F03.manage-your-estimates","Statuses, editing, approving, and deleting",{"title":174,"path":175,"stem":176,"icon":18,"summary":177,"section":178,"children":-1},"Convert an estimate to an invoice","\u002Fhelp\u002Festimates\u002Fconvert-an-estimate-to-an-invoice","help\u002F05.estimates\u002F04.convert-an-estimate-to-an-invoice","Turn an accepted estimate into a draft invoice","Winning the work","i-lucide-file-signature","Quote for work and turn wins into invoices",{"title":182,"path":183,"stem":184,"children":185,"icon":230,"summary":231,"section":18},"Invoicing","\u002Fhelp\u002Finvoicing","help\u002F06.invoicing\u002Findex",[186,192,197,202,207,213,219,224],{"title":187,"path":188,"stem":189,"icon":18,"summary":190,"section":191,"children":-1},"Create an invoice","\u002Fhelp\u002Finvoicing\u002Fcreate-an-invoice","help\u002F06.invoicing\u002F01.create-an-invoice","Create an invoice, add line items, and issue it","Creating invoices",{"title":193,"path":194,"stem":195,"icon":18,"summary":196,"section":191,"children":-1},"Edit or delete an invoice","\u002Fhelp\u002Finvoicing\u002Fedit-or-delete-an-invoice","help\u002F06.invoicing\u002F02.edit-or-delete-an-invoice","Change, reopen, or delete an invoice",{"title":198,"path":199,"stem":200,"icon":18,"summary":167,"section":201,"children":-1},"Send an invoice","\u002Fhelp\u002Finvoicing\u002Fsend-an-invoice","help\u002F06.invoicing\u002F03.send-an-invoice","Sending invoices",{"title":203,"path":204,"stem":205,"icon":18,"summary":206,"section":201,"children":-1},"Invoice statuses","\u002Fhelp\u002Finvoicing\u002Finvoice-statuses","help\u002F06.invoicing\u002F04.invoice-statuses","What Draft, Open, Overdue, Paid, and the other statuses mean",{"title":208,"path":209,"stem":210,"icon":18,"summary":211,"section":212,"children":-1},"Record an invoice payment","\u002Fhelp\u002Finvoicing\u002Frecord-an-invoice-payment","help\u002F06.invoicing\u002F05.record-an-invoice-payment","Match a bank payment to an invoice","Getting paid",{"title":214,"path":215,"stem":216,"icon":18,"summary":217,"section":218,"children":-1},"Create a credit note","\u002Fhelp\u002Finvoicing\u002Fcreate-a-credit-note","help\u002F06.invoicing\u002F06.create-a-credit-note","Raise a credit note and send it to your customer","Credit notes",{"title":220,"path":221,"stem":222,"icon":18,"summary":223,"section":218,"children":-1},"Apply or refund a credit note","\u002Fhelp\u002Finvoicing\u002Fapply-or-refund-a-credit-note","help\u002F06.invoicing\u002F07.apply-or-refund-a-credit-note","Set a credit note against an invoice or refund it in cash",{"title":225,"path":226,"stem":227,"icon":18,"summary":228,"section":229,"children":-1},"Invoice in a foreign currency","\u002Fhelp\u002Finvoicing\u002Finvoice-in-a-foreign-currency","help\u002F06.invoicing\u002F08.invoice-in-a-foreign-currency","Invoice in another currency and track the exchange difference","Foreign currencies","i-lucide-receipt","Create, send, and get paid for your invoices",{"title":233,"path":234,"stem":235,"children":236,"icon":248,"summary":249,"section":18},"Projects","\u002Fhelp\u002Fprojects","help\u002F07.projects\u002Findex",[237,243],{"title":238,"path":239,"stem":240,"icon":18,"summary":241,"section":242,"children":-1},"Create a project","\u002Fhelp\u002Fprojects\u002Fcreate-a-project","help\u002F07.projects\u002F01.create-a-project","Set up a project linked to a contact","Using projects",{"title":244,"path":245,"stem":246,"icon":18,"summary":247,"section":242,"children":-1},"Track income and costs by project","\u002Fhelp\u002Fprojects\u002Ftrack-income-and-costs-by-project","help\u002F07.projects\u002F02.track-income-and-costs-by-project","Link orders, bills, and expenses to a project","i-lucide-briefcase","Group a job's paperwork under one label",{"title":251,"path":252,"stem":253,"children":254,"icon":271,"summary":272,"section":18},"Purchase orders","\u002Fhelp\u002Fpurchase-orders","help\u002F08.purchase-orders\u002Findex",[255,260,265],{"title":256,"path":257,"stem":258,"icon":18,"summary":259,"section":162,"children":-1},"Create a purchase order","\u002Fhelp\u002Fpurchase-orders\u002Fcreate-a-purchase-order","help\u002F08.purchase-orders\u002F01.create-a-purchase-order","Raise an order, add lines, and approve it",{"title":261,"path":262,"stem":263,"icon":18,"summary":264,"section":162,"children":-1},"Send a purchase order","\u002Fhelp\u002Fpurchase-orders\u002Fsend-a-purchase-order","help\u002F08.purchase-orders\u002F02.send-a-purchase-order","Download the PDF or email it to your supplier",{"title":266,"path":267,"stem":268,"icon":18,"summary":269,"section":270,"children":-1},"Convert a purchase order to a bill","\u002Fhelp\u002Fpurchase-orders\u002Fconvert-a-purchase-order-to-a-bill","help\u002F08.purchase-orders\u002F03.convert-a-purchase-order-to-a-bill","Bill an order in full or line by line","From order to bill","i-lucide-clipboard-list","Commit to buy, then bill it when invoiced",{"title":274,"path":275,"stem":276,"children":277,"icon":307,"summary":308,"section":18},"Expenses","\u002Fhelp\u002Fexpenses","help\u002F09.expenses\u002Findex",[278,284,290,295,301],{"title":279,"path":280,"stem":281,"icon":18,"summary":282,"section":283,"children":-1},"Create an expense claim","\u002Fhelp\u002Fexpenses\u002Fcreate-an-expense-claim","help\u002F09.expenses\u002F01.create-an-expense-claim","Record an out-of-pocket expense and attach the receipt","Recording expenses",{"title":285,"path":286,"stem":287,"icon":18,"summary":288,"section":289,"children":-1},"Smart upload receipts","\u002Fhelp\u002Fexpenses\u002Fsmart-upload-receipts","help\u002F09.expenses\u002F02.smart-upload-receipts","Have Kontala read a receipt and fill in the expense","Smart Upload and email-in",{"title":291,"path":292,"stem":293,"icon":18,"summary":294,"section":289,"children":-1},"Email receipts to your expenses","\u002Fhelp\u002Fexpenses\u002Femail-receipts-to-your-expenses","help\u002F09.expenses\u002F03.email-receipts-to-your-expenses","Forward receipts to your personal address to create drafts",{"title":296,"path":297,"stem":298,"icon":18,"summary":299,"section":300,"children":-1},"Submit and approve expenses","\u002Fhelp\u002Fexpenses\u002Fsubmit-and-approve-expenses","help\u002F09.expenses\u002F04.submit-and-approve-expenses","The draft, submitted, approved workflow and who can approve","Approvals",{"title":302,"path":303,"stem":304,"icon":18,"summary":305,"section":306,"children":-1},"Mileage claims","\u002Fhelp\u002Fexpenses\u002Fmileage-claims","help\u002F09.expenses\u002F05.mileage-claims","Claim business miles at HMRC's approved rates","Mileage","i-lucide-wallet","Expense claims, receipt capture, approvals, and mileage",{"title":310,"path":311,"stem":312,"children":313,"icon":337,"summary":338,"section":18},"Bills","\u002Fhelp\u002Fbills","help\u002F10.bills\u002Findex",[314,320,325,331],{"title":315,"path":316,"stem":317,"icon":18,"summary":318,"section":319,"children":-1},"Create a bill","\u002Fhelp\u002Fbills\u002Fcreate-a-bill","help\u002F10.bills\u002F01.create-a-bill","Record a supplier bill with line items and attachments","Recording bills",{"title":321,"path":322,"stem":323,"icon":18,"summary":324,"section":319,"children":-1},"Bills that buy stock","\u002Fhelp\u002Fbills\u002Fbills-that-buy-stock","help\u002F10.bills\u002F02.bills-that-buy-stock","Point a bill line at a stock item to increase inventory",{"title":326,"path":327,"stem":328,"icon":18,"summary":329,"section":330,"children":-1},"Record a bill payment","\u002Fhelp\u002Fbills\u002Frecord-a-bill-payment","help\u002F10.bills\u002F03.record-a-bill-payment","Explain the bank line that paid the bill","Paying bills",{"title":332,"path":333,"stem":334,"icon":18,"summary":335,"section":336,"children":-1},"Bill credit notes","\u002Fhelp\u002Fbills\u002Fbill-credit-notes","help\u002F10.bills\u002F04.bill-credit-notes","Record supplier credit and set it against a bill","Supplier credit notes","i-lucide-receipt-text","Record supplier bills and pay them from your bank",{"title":340,"path":341,"stem":342,"children":343,"icon":397,"summary":398,"section":18},"Payroll","\u002Fhelp\u002Fpayroll","help\u002F11.payroll\u002Findex",[344,350,355,360,365,371,376,382,387,392],{"title":345,"path":346,"stem":347,"icon":18,"summary":348,"section":349,"children":-1},"Set up payroll","\u002Fhelp\u002Fpayroll\u002Fset-up-payroll","help\u002F11.payroll\u002F01.set-up-payroll","What you need before your first pay run","Running payroll",{"title":351,"path":352,"stem":353,"icon":18,"summary":354,"section":349,"children":-1},"Prepare a pay run","\u002Fhelp\u002Fpayroll\u002Fprepare-a-pay-run","help\u002F11.payroll\u002F02.prepare-a-pay-run","Start a month's payroll and review the payslips",{"title":356,"path":357,"stem":358,"icon":18,"summary":359,"section":349,"children":-1},"Complete or edit a pay run","\u002Fhelp\u002Fpayroll\u002Fcomplete-or-edit-a-pay-run","help\u002F11.payroll\u002F03.complete-or-edit-a-pay-run","Edit draft payslips and finalise the month",{"title":361,"path":362,"stem":363,"icon":18,"summary":364,"section":361,"children":-1},"Payslips","\u002Fhelp\u002Fpayroll\u002Fpayslips","help\u002F11.payroll\u002F04.payslips","What a payslip shows and how to view one",{"title":366,"path":367,"stem":368,"icon":18,"summary":369,"section":370,"children":-1},"Send RTI to HMRC","\u002Fhelp\u002Fpayroll\u002Fsend-rti-to-hmrc","help\u002F11.payroll\u002F05.send-rti-to-hmrc","File each month's Full Payment Submission","RTI and HMRC",{"title":372,"path":373,"stem":374,"icon":18,"summary":375,"section":370,"children":-1},"EPS and Employment Allowance","\u002Fhelp\u002Fpayroll\u002Feps-and-employment-allowance","help\u002F11.payroll\u002F06.eps-and-employment-allowance","Claim the Employment Allowance through an EPS",{"title":377,"path":378,"stem":379,"icon":18,"summary":380,"section":381,"children":-1},"Your workplace pension scheme","\u002Fhelp\u002Fpayroll\u002Fthe-pension-scheme","help\u002F11.payroll\u002F07.the-pension-scheme","Set up auto-enrolment so pay runs assess and enrol your workers","Pensions and benefits",{"title":383,"path":384,"stem":385,"icon":18,"summary":386,"section":381,"children":-1},"Benefits in kind, the P11D and the P11D(b)","\u002Fhelp\u002Fpayroll\u002Fbenefits-and-the-p11d","help\u002F11.payroll\u002F08.benefits-and-the-p11d","Company cars and other benefits, and the two forms they produce",{"title":388,"path":389,"stem":390,"icon":18,"summary":391,"section":361,"children":-1},"P60s and P45s","\u002Fhelp\u002Fpayroll\u002Fp60s-and-p45s","help\u002F11.payroll\u002F09.p60s-and-p45s","The year-end certificate and the leaving statement",{"title":393,"path":394,"stem":395,"icon":18,"summary":396,"section":370,"children":-1},"HMRC notices","\u002Fhelp\u002Fpayroll\u002Fhmrc-notices","help\u002F11.payroll\u002F10.hmrc-notices","Tax code changes and loan instructions from HMRC","i-lucide-hand-coins","Pay runs, payslips, pensions, benefits, and RTI filing",{"title":400,"path":401,"stem":402,"children":403,"icon":458,"summary":459,"section":18},"Banking","\u002Fhelp\u002Fbanking","help\u002F12.banking\u002Findex",[404,410,416,421,426,431,437,442,447,453],{"title":405,"path":406,"stem":407,"icon":18,"summary":408,"section":409,"children":-1},"Add a bank account","\u002Fhelp\u002Fbanking\u002Fadd-a-bank-account","help\u002F12.banking\u002F01.add-a-bank-account","Create an account with an opening balance and currency","Bank accounts",{"title":411,"path":412,"stem":413,"icon":18,"summary":414,"section":415,"children":-1},"Bank feeds and Open Banking","\u002Fhelp\u002Fbanking\u002Fbank-feeds-and-kontala","help\u002F12.banking\u002F02.bank-feeds-and-kontala","Feeds are coming - imports keep you current until then","Getting transactions in",{"title":417,"path":418,"stem":419,"icon":18,"summary":420,"section":415,"children":-1},"Import a bank statement","\u002Fhelp\u002Fbanking\u002Fimport-a-bank-statement","help\u002F12.banking\u002F03.import-a-bank-statement","Upload a CSV or OFX export and confirm the mapping",{"title":422,"path":423,"stem":424,"icon":18,"summary":425,"section":415,"children":-1},"Statement import formats","\u002Fhelp\u002Fbanking\u002Fstatement-import-formats","help\u002F12.banking\u002F04.statement-import-formats","Supported file types, columns, dates and amounts",{"title":427,"path":428,"stem":429,"icon":18,"summary":430,"section":415,"children":-1},"Add a transaction manually","\u002Fhelp\u002Fbanking\u002Fadd-a-transaction-manually","help\u002F12.banking\u002F05.add-a-transaction-manually","Enter a single transaction by hand",{"title":432,"path":433,"stem":434,"icon":18,"summary":435,"section":436,"children":-1},"Explain a transaction","\u002Fhelp\u002Fbanking\u002Fexplain-a-transaction","help\u002F12.banking\u002F06.explain-a-transaction","Choose a type and category, or link an invoice or bill","Explaining transactions",{"title":438,"path":439,"stem":440,"icon":18,"summary":441,"section":436,"children":-1},"Partial explanations","\u002Fhelp\u002Fbanking\u002Fpartial-explanations","help\u002F12.banking\u002F07.partial-explanations","Split one transaction across several explanations",{"title":443,"path":444,"stem":445,"icon":18,"summary":446,"section":436,"children":-1},"Correct an explained transaction","\u002Fhelp\u002Fbanking\u002Fcorrect-an-explained-transaction","help\u002F12.banking\u002F08.correct-an-explained-transaction","Edit or remove an explanation you got wrong",{"title":448,"path":449,"stem":450,"icon":18,"summary":451,"section":452,"children":-1},"Record a transfer between accounts","\u002Fhelp\u002Fbanking\u002Frecord-a-transfer-between-accounts","help\u002F12.banking\u002F09.record-a-transfer-between-accounts","Explain money moved between your own accounts","Transfers and assets",{"title":454,"path":455,"stem":456,"icon":18,"summary":457,"section":452,"children":-1},"Explain asset purchases and disposals","\u002Fhelp\u002Fbanking\u002Fexplain-asset-purchases-and-disposals","help\u002F12.banking\u002F10.explain-asset-purchases-and-disposals","Record buying and selling capital assets from the bank","i-lucide-landmark","Bank accounts, statement imports, and explaining transactions",{"title":461,"path":462,"stem":463,"children":464,"icon":528,"summary":529,"section":18},"VAT and Making Tax Digital","\u002Fhelp\u002Fvat","help\u002F13.vat\u002Findex",[465,471,476,482,487,492,497,503,508,513,518,523],{"title":466,"path":467,"stem":468,"icon":18,"summary":469,"section":470,"children":-1},"Set up your VAT registration","\u002Fhelp\u002Fvat\u002Fset-up-vat-registration","help\u002F13.vat\u002F01.set-up-vat-registration","Enter your registration details and generate your periods","Getting set up",{"title":472,"path":473,"stem":474,"icon":18,"summary":475,"section":470,"children":-1},"Connect Kontala to HMRC","\u002Fhelp\u002Fvat\u002Fconnect-kontala-to-hmrc","help\u002F13.vat\u002F02.connect-kontala-to-hmrc","Authorise Kontala to file MTD VAT returns for you",{"title":477,"path":478,"stem":479,"icon":18,"summary":480,"section":481,"children":-1},"How your VAT return is calculated","\u002Fhelp\u002Fvat\u002Fhow-your-vat-return-is-calculated","help\u002F13.vat\u002F03.how-your-vat-return-is-calculated","From your records to the boxes on your return","Your VAT returns",{"title":483,"path":484,"stem":485,"icon":18,"summary":486,"section":481,"children":-1},"VAT boxes explained","\u002Fhelp\u002Fvat\u002Fvat-boxes-explained","help\u002F13.vat\u002F04.vat-boxes-explained","All nine boxes on your return, in plain English",{"title":488,"path":489,"stem":490,"icon":18,"summary":491,"section":481,"children":-1},"VAT periods and due dates","\u002Fhelp\u002Fvat\u002Fvat-periods-and-due-dates","help\u002F13.vat\u002F05.vat-periods-and-due-dates","Your generated periods, statuses, and filing deadlines",{"title":493,"path":494,"stem":495,"icon":18,"summary":496,"section":481,"children":-1},"Review your VAT return","\u002Fhelp\u002Fvat\u002Freview-your-vat-return","help\u002F13.vat\u002F06.review-your-vat-return","Check the boxes and drill into the figures behind them",{"title":498,"path":499,"stem":500,"icon":18,"summary":501,"section":502,"children":-1},"Submit a VAT return","\u002Fhelp\u002Fvat\u002Fsubmit-a-vat-return","help\u002F13.vat\u002F07.submit-a-vat-return","File your return to HMRC under Making Tax Digital","Filing to HMRC",{"title":504,"path":505,"stem":506,"icon":18,"summary":507,"section":502,"children":-1},"After you file","\u002Fhelp\u002Fvat\u002Fafter-you-file","help\u002F13.vat\u002F08.after-you-file","The locked period, your filed returns, and paying HMRC",{"title":509,"path":510,"stem":511,"icon":18,"summary":512,"section":502,"children":-1},"Mark a return as filed","\u002Fhelp\u002Fvat\u002Fmark-a-return-as-filed","help\u002F13.vat\u002F09.mark-a-return-as-filed","Record a return filed outside Kontala and lock the period",{"title":514,"path":515,"stem":516,"icon":18,"summary":517,"section":502,"children":-1},"Fix a rejected VAT submission","\u002Fhelp\u002Fvat\u002Ffix-a-rejected-vat-submission","help\u002F13.vat\u002F10.fix-a-rejected-vat-submission","What rejection messages mean and how to fix them",{"title":519,"path":520,"stem":521,"icon":18,"summary":522,"section":519,"children":-1},"The VAT Dashboard","\u002Fhelp\u002Fvat\u002Fthe-vat-dashboard","help\u002F13.vat\u002F11.the-vat-dashboard","Your HMRC VAT account, synced live into Kontala",{"title":524,"path":525,"stem":526,"icon":18,"summary":527,"section":519,"children":-1},"VAT penalties and points","\u002Fhelp\u002Fvat\u002Fvat-penalties-and-points","help\u002F13.vat\u002F12.vat-penalties-and-points","Late submission points and penalties, as HMRC reports them","i-lucide-percent","Your VAT registration, returns, and filing to HMRC",{"title":531,"path":532,"stem":533,"children":534,"icon":558,"summary":559,"section":18},"End of Year","\u002Fhelp\u002Fend-of-year","help\u002F14.end-of-year\u002Findex",[535,541,546,552],{"title":536,"path":537,"stem":538,"icon":18,"summary":539,"section":540,"children":-1},"The end of year process","\u002Fhelp\u002Fend-of-year\u002Fthe-end-of-year-process","help\u002F14.end-of-year\u002F01.the-end-of-year-process","Your accounting year, its deadlines, and what happens next","The year-end process",{"title":542,"path":543,"stem":544,"icon":18,"summary":545,"section":540,"children":-1},"Final accounts and notes","\u002Fhelp\u002Fend-of-year\u002Ffinal-accounts-and-notes","help\u002F14.end-of-year\u002F02.final-accounts-and-notes","Your statutory accounts, and the notes that go with them",{"title":547,"path":548,"stem":549,"icon":18,"summary":550,"section":551,"children":-1},"Corporation Tax and the CT600","\u002Fhelp\u002Fend-of-year\u002Fcorporation-tax-ct600","help\u002F14.end-of-year\u002F03.corporation-tax-ct600","From accounting profit to taxable profit, and your CT600","Corporation Tax",{"title":553,"path":554,"stem":555,"icon":18,"summary":556,"section":557,"children":-1},"Review, approve and file","\u002Fhelp\u002Fend-of-year\u002Freview-approve-and-file","help\u002F14.end-of-year\u002F04.review-approve-and-file","Clear the checks, sign the accounts, file to Companies House","Approve and file","i-lucide-calendar-check","Approve your accounts, file them, and prepare Corporation Tax",{"title":561,"path":562,"stem":563,"children":564,"icon":611,"summary":612,"section":18},"Self Assessment","\u002Fhelp\u002Fself-assessment","help\u002F15.self-assessment\u002Findex",[565,570,575,580,585,590,595,600,606],{"title":566,"path":567,"stem":568,"icon":18,"summary":569,"section":470,"children":-1},"Who Self Assessment is for","\u002Fhelp\u002Fself-assessment\u002Fwho-self-assessment-is-for","help\u002F15.self-assessment\u002F01.who-self-assessment-is-for","Which businesses it applies to, and what Kontala prepares",{"title":571,"path":572,"stem":573,"icon":18,"summary":574,"section":470,"children":-1},"Self Assessment settings","\u002Fhelp\u002Fself-assessment\u002Fself-assessment-settings","help\u002F15.self-assessment\u002F02.self-assessment-settings","The answers about your trade that decide how profit is worked out",{"title":576,"path":577,"stem":578,"icon":18,"summary":579,"section":470,"children":-1},"The cash basis and the accruals basis","\u002Fhelp\u002Fself-assessment\u002Fcash-basis-or-accruals","help\u002F15.self-assessment\u002F03.cash-basis-or-accruals","Which basis your trading profit is worked out on, and what changes",{"title":581,"path":582,"stem":583,"icon":18,"summary":584,"section":581,"children":-1},"Your trading profit","\u002Fhelp\u002Fself-assessment\u002Fyour-trading-profit","help\u002F15.self-assessment\u002F04.your-trading-profit","The books, quarter by quarter, and how they reach a taxable profit",{"title":586,"path":587,"stem":588,"icon":18,"summary":589,"section":581,"children":-1},"Your computation and SA103 boxes","\u002Fhelp\u002Fself-assessment\u002Fyour-computation-and-sa103-boxes","help\u002F15.self-assessment\u002F05.your-computation-and-sa103-boxes","From accounting profit to taxable profit, box by box",{"title":591,"path":592,"stem":593,"icon":18,"summary":594,"section":581,"children":-1},"Adjustments and allowances","\u002Fhelp\u002Fself-assessment\u002Fadjustments-and-allowances","help\u002F15.self-assessment\u002F06.adjustments-and-allowances","The entries that move your taxable profit up or down",{"title":596,"path":597,"stem":598,"icon":18,"summary":599,"section":596,"children":-1},"Your own return","\u002Fhelp\u002Fself-assessment\u002Fyour-own-return","help\u002F15.self-assessment\u002F07.your-own-return","Your personal position, separate from the business's trade",{"title":601,"path":602,"stem":603,"icon":18,"summary":604,"section":605,"children":-1},"Your accounting date and the tax year","\u002Fhelp\u002Fself-assessment\u002Fyour-accounting-date-and-the-tax-year","help\u002F15.self-assessment\u002F08.your-accounting-date-and-the-tax-year","When your accounts and the tax year do not line up","Closing a tax year",{"title":607,"path":608,"stem":609,"icon":18,"summary":610,"section":605,"children":-1},"Close a tax year","\u002Fhelp\u002Fself-assessment\u002Fclose-a-tax-year","help\u002F15.self-assessment\u002F09.close-a-tax-year","Clear the checks, close the year, and lock its figures","i-lucide-file-user","Your trading profit, your tax year, and the figures for your return",{"title":614,"path":615,"stem":616,"children":617,"icon":640,"summary":641,"section":18},"Construction Industry Scheme","\u002Fhelp\u002Fcis","help\u002F16.cis\u002Findex",[618,623,629,635],{"title":619,"path":620,"stem":621,"icon":18,"summary":622,"section":470,"children":-1},"Record your CIS role","\u002Fhelp\u002Fcis\u002Fcis-settings","help\u002F16.cis\u002F01.cis-settings","Contractor, subcontractor, or both - and what each turns on",{"title":624,"path":625,"stem":626,"icon":18,"summary":627,"section":628,"children":-1},"CIS deductions taken from you","\u002Fhelp\u002Fcis\u002Fdeductions-taken-from-you","help\u002F16.cis\u002F02.deductions-taken-from-you","Invoice as a subcontractor, then record what was deducted","As a subcontractor",{"title":630,"path":631,"stem":632,"icon":18,"summary":633,"section":634,"children":-1},"Your monthly CIS300 return","\u002Fhelp\u002Fcis\u002Fyour-monthly-cis300-return","help\u002F16.cis\u002F03.your-monthly-cis300-return","The monthly return, its deadline, and recording it as filed","As a contractor",{"title":636,"path":637,"stem":638,"icon":18,"summary":639,"section":634,"children":-1},"Payment and deduction statements","\u002Fhelp\u002Fcis\u002Fpayment-and-deduction-statements","help\u002F16.cis\u002F04.payment-and-deduction-statements","The statement each subcontractor is entitled to, every month","i-lucide-hard-hat","Deductions taken from you, deductions you make, and the CIS300",{"title":643,"path":644,"stem":645,"children":646,"icon":704,"summary":705,"section":18},"Reports and dashboards","\u002Fhelp\u002Freports","help\u002F17.reports\u002Findex",[647,652,658,663,668,673,678,684,689,694,699],{"title":648,"path":649,"stem":650,"icon":18,"summary":651,"section":648,"children":-1},"The Overview dashboard","\u002Fhelp\u002Freports\u002Fthe-overview-dashboard","help\u002F17.reports\u002F01.the-overview-dashboard","Cashflow, invoices, and bank balance at a glance",{"title":653,"path":654,"stem":655,"icon":18,"summary":656,"section":657,"children":-1},"Profit and loss","\u002Fhelp\u002Freports\u002Fprofit-and-loss","help\u002F17.reports\u002F02.profit-and-loss","Your income, costs, and profit for any period","Financial reports",{"title":659,"path":660,"stem":661,"icon":18,"summary":662,"section":657,"children":-1},"Cash Basis Profit & Loss","\u002Fhelp\u002Freports\u002Fcash-basis-profit-and-loss","help\u002F17.reports\u002F03.cash-basis-profit-and-loss","Your P&L restated on the cash basis, line by line",{"title":664,"path":665,"stem":666,"icon":18,"summary":667,"section":657,"children":-1},"Balance sheet","\u002Fhelp\u002Freports\u002Fbalance-sheet","help\u002F17.reports\u002F04.balance-sheet","What the business owns and owes, as at a date",{"title":669,"path":670,"stem":671,"icon":18,"summary":672,"section":657,"children":-1},"Trial balance","\u002Fhelp\u002Freports\u002Ftrial-balance","help\u002F17.reports\u002F05.trial-balance","Every account balance, with drill-down to transactions",{"title":674,"path":675,"stem":676,"icon":18,"summary":677,"section":657,"children":-1},"Final accounts","\u002Fhelp\u002Freports\u002Ffinal-accounts","help\u002F17.reports\u002F06.final-accounts","Statutory-style accounts, exportable as a PDF",{"title":679,"path":680,"stem":681,"icon":18,"summary":682,"section":683,"children":-1},"Account transactions","\u002Fhelp\u002Freports\u002Faccount-transactions","help\u002F17.reports\u002F07.account-transactions","Every entry in one account, traced to its source","Digging into the numbers",{"title":685,"path":686,"stem":687,"icon":18,"summary":688,"section":683,"children":-1},"Foreign currency and FX","\u002Fhelp\u002Freports\u002Fforeign-currency-and-fx","help\u002F17.reports\u002F08.foreign-currency-and-fx","How currency conversion and FX gains show in reports",{"title":690,"path":691,"stem":692,"icon":18,"summary":693,"section":683,"children":-1},"Aged debtors and creditors","\u002Fhelp\u002Freports\u002Faged-debtors-and-creditors","help\u002F17.reports\u002F09.aged-debtors-and-creditors","Who owes you, who you owe, and how late it is",{"title":695,"path":696,"stem":697,"icon":18,"summary":698,"section":683,"children":-1},"Audit trail","\u002Fhelp\u002Freports\u002Faudit-trail","help\u002F17.reports\u002F10.audit-trail","Who changed what, when, across your whole organisation",{"title":700,"path":701,"stem":702,"icon":18,"summary":703,"section":683,"children":-1},"Salary report","\u002Fhelp\u002Freports\u002Fsalary-report","help\u002F17.reports\u002F11.salary-report","What a payslip owed, what the bank paid, what is left","i-lucide-chart-bar","Dashboards and financial reports, from headline to ledger line",{"title":707,"path":708,"stem":709,"children":710,"icon":733,"summary":734,"section":18},"Capital assets","\u002Fhelp\u002Fcapital-assets","help\u002F18.capital-assets\u002Findex",[711,717,722,728],{"title":712,"path":713,"stem":714,"icon":18,"summary":715,"section":716,"children":-1},"What are capital assets?","\u002Fhelp\u002Fcapital-assets\u002Fwhat-are-capital-assets","help\u002F18.capital-assets\u002F01.what-are-capital-assets","The asset register and how assets get onto it","Buying and tracking assets",{"title":718,"path":719,"stem":720,"icon":18,"summary":721,"section":716,"children":-1},"Buy a capital asset","\u002Fhelp\u002Fcapital-assets\u002Fbuy-a-capital-asset","help\u002F18.capital-assets\u002F02.buy-a-capital-asset","Record an asset purchase via a bill, expense, or bank",{"title":723,"path":724,"stem":725,"icon":18,"summary":726,"section":727,"children":-1},"Depreciation","\u002Fhelp\u002Fcapital-assets\u002Fdepreciation","help\u002F18.capital-assets\u002F03.depreciation","Automatic monthly depreciation, explained","Depreciation and disposal",{"title":729,"path":730,"stem":731,"icon":18,"summary":732,"section":727,"children":-1},"Dispose of a capital asset","\u002Fhelp\u002Fcapital-assets\u002Fdispose-of-a-capital-asset","help\u002F18.capital-assets\u002F04.dispose-of-a-capital-asset","Record a sale and the gain or loss it creates","i-lucide-monitor","Equipment you own, depreciated and tracked automatically",{"title":736,"path":737,"stem":738,"children":739,"icon":789,"summary":790,"section":18},"Your account and settings","\u002Fhelp\u002Faccount","help\u002F19.account\u002Findex",[740,746,752,757,763,768,774,779,784],{"title":741,"path":742,"stem":743,"icon":18,"summary":744,"section":745,"children":-1},"My details and your password","\u002Fhelp\u002Faccount\u002Fmy-details-and-password","help\u002F19.account\u002F01.my-details-and-password","Update your personal details and change your password","Your profile",{"title":747,"path":748,"stem":749,"icon":18,"summary":750,"section":751,"children":-1},"Add and manage users","\u002Fhelp\u002Faccount\u002Fadd-and-manage-users","help\u002F19.account\u002F02.add-and-manage-users","Add your team and accountant, edit users, and manage access","Users and permissions",{"title":753,"path":754,"stem":755,"icon":18,"summary":756,"section":751,"children":-1},"User permission levels","\u002Fhelp\u002Faccount\u002Fuser-permission-levels","help\u002F19.account\u002F03.user-permission-levels","The 0 to 8 access ladder and what each level unlocks",{"title":758,"path":759,"stem":760,"icon":18,"summary":761,"section":762,"children":-1},"Company details","\u002Fhelp\u002Faccount\u002Fcompany-details","help\u002F19.account\u002F04.company-details","Who the business is, its tax references, and your logo","Company settings",{"title":764,"path":765,"stem":766,"icon":18,"summary":767,"section":762,"children":-1},"Accounting dates and settings","\u002Fhelp\u002Faccount\u002Faccounting-dates-and-settings","help\u002F19.account\u002F05.accounting-dates-and-settings","Company dates, the Kontala start date, and expense approval",{"title":769,"path":770,"stem":771,"icon":18,"summary":772,"section":773,"children":-1},"Connect to FreeAgent","\u002Fhelp\u002Faccount\u002Fconnect-to-freeagent","help\u002F19.account\u002F06.connect-to-freeagent","Push approved expenses to FreeAgent automatically","Integrations",{"title":775,"path":776,"stem":777,"icon":18,"summary":778,"section":773,"children":-1},"Manage integrations","\u002Fhelp\u002Faccount\u002Fmanage-integrations","help\u002F19.account\u002F07.manage-integrations","The Integrations page, connection statuses, and disconnecting",{"title":780,"path":781,"stem":782,"icon":18,"summary":783,"section":762,"children":-1},"Journal entries","\u002Fhelp\u002Faccount\u002Fjournal-entries","help\u002F19.account\u002F08.journal-entries","Balanced adjustments posted straight to the ledger",{"title":785,"path":786,"stem":787,"icon":18,"summary":788,"section":762,"children":-1},"Opening balances","\u002Fhelp\u002Faccount\u002Fopening-balances","help\u002F19.account\u002F09.opening-balances","What the business owned and owed on your start date","i-lucide-settings","Your profile, users, company settings, your data, and integrations",{"title":792,"path":793,"stem":794,"children":795,"icon":818,"summary":819,"section":18},"Security and privacy","\u002Fhelp\u002Fsecurity-and-compliance","help\u002F20.security-and-compliance\u002Findex",[796,802,808,813],{"title":797,"path":798,"stem":799,"icon":18,"summary":800,"section":801,"children":-1},"How we keep your data secure","\u002Fhelp\u002Fsecurity-and-compliance\u002Fhow-we-keep-data-secure","help\u002F20.security-and-compliance\u002F01.how-we-keep-data-secure","Encryption, EU hosting, and account protections","How we protect your data",{"title":803,"path":804,"stem":805,"icon":18,"summary":806,"section":807,"children":-1},"GDPR and your data rights","\u002Fhelp\u002Fsecurity-and-compliance\u002Fgdpr-and-your-data-rights","help\u002F20.security-and-compliance\u002F02.gdpr-and-your-data-rights","Who controls your data and the rights you have over it","Your rights",{"title":809,"path":810,"stem":811,"icon":18,"summary":812,"section":801,"children":-1},"HMRC and Making Tax Digital","\u002Fhelp\u002Fsecurity-and-compliance\u002Fhmrc-and-making-tax-digital","help\u002F20.security-and-compliance\u002F03.hmrc-and-making-tax-digital","How Kontala files to HMRC and what HMRC receives",{"title":814,"path":815,"stem":816,"icon":18,"summary":817,"section":807,"children":-1},"Export or delete your data","\u002Fhelp\u002Fsecurity-and-compliance\u002Fexport-or-delete-your-data","help\u002F20.security-and-compliance\u002F04.export-or-delete-your-data","Take a copy of your data, or ask for it to be removed","i-lucide-shield-check","How your data is protected and the rights you have over it",{"title":821,"path":822,"stem":823,"children":824,"icon":859,"summary":860,"section":18},"Troubleshooting","\u002Fhelp\u002Ftroubleshooting","help\u002F21.troubleshooting\u002Findex",[825,831,837,842,848,854],{"title":826,"path":827,"stem":828,"icon":18,"summary":829,"section":830,"children":-1},"Can't sign in","\u002Fhelp\u002Ftroubleshooting\u002Fcant-sign-in","help\u002F21.troubleshooting\u002F01.cant-sign-in","Wrong password, lockouts, and Google sign-in fixes","Signing in",{"title":832,"path":833,"stem":834,"icon":18,"summary":835,"section":836,"children":-1},"Common connection errors","\u002Fhelp\u002Ftroubleshooting\u002Fcommon-connection-errors","help\u002F21.troubleshooting\u002F02.common-connection-errors","Fix a failed HMRC or FreeAgent connection","Connections and imports",{"title":838,"path":839,"stem":840,"icon":18,"summary":841,"section":836,"children":-1},"Statement import problems","\u002Fhelp\u002Ftroubleshooting\u002Fstatement-import-problems","help\u002F21.troubleshooting\u002F03.statement-import-problems","Rejected files, wrong columns, and duplicate rows",{"title":843,"path":844,"stem":845,"icon":18,"summary":846,"section":847,"children":-1},"Why my figures look different","\u002Fhelp\u002Ftroubleshooting\u002Fwhy-my-figures-look-different","help\u002F21.troubleshooting\u002F04.why-my-figures-look-different","Trace a figure that does not match what you expected","Your numbers",{"title":849,"path":850,"stem":851,"icon":18,"summary":852,"section":853,"children":-1},"Where to look when something is wrong","\u002Fhelp\u002Ftroubleshooting\u002Fwhere-to-look","help\u002F21.troubleshooting\u002F05.where-to-look","Find the right troubleshooting article fast","Still stuck?",{"title":855,"path":856,"stem":857,"icon":18,"summary":858,"section":853,"children":-1},"Contact support","\u002Fhelp\u002Ftroubleshooting\u002Fcontact-support","help\u002F21.troubleshooting\u002F06.contact-support","How to reach us and what to include","i-lucide-life-buoy","Fixes for the problems we see most",false,{"id":863,"title":571,"body":864,"description":1080,"extension":1081,"faq":18,"featured":861,"gated":861,"icon":18,"lastUpdated":1082,"meta":1083,"navigation":1084,"order":18,"path":572,"reviewedBy":18,"reviewedDate":18,"section":470,"sections":18,"seo":1085,"sitemap":1086,"stem":573,"summary":574,"__hash__":1087},"help\u002Fhelp\u002F15.self-assessment\u002F02.self-assessment-settings.md",{"type":865,"value":866,"toc":1067},"minimark",[867,880,883,890,895,902,910,913,931,935,942,956,959,970,975,981,988,992,995,1015,1019,1026,1029,1036,1040,1043,1049,1053],[868,869,870,871,875,876,879],"p",{},"Go to ",[872,873,874],"strong",{},"Settings",", then ",[872,877,878],{},"Self Assessment Settings",".",[868,881,882],{},"These are answers about the trade itself.\nBetween them they decide how the profit on your Self Assessment is worked out, so each card tells you what the setting is doing to your figures right now.",[868,884,885,886,889],{},"Anyone from the ",[872,887,888],{},"Tax, Accounting & Users"," level up can read the page; saving needs write access as well, so a read-only accountant sees the settings without being able to change them.\nThe page does not apply to a limited company and says so instead of erroring.",[891,892,894],"h2",{"id":893},"whose-trade-it-is","Whose trade it is",[868,896,897,898,901],{},"The ",[872,899,900],{},"proprietor"," is the person whose Self Assessment these profits go on.",[868,903,904,905,909],{},"A sole trader has exactly one owner, and that owner is the proprietor by definition - so Kontala states the name rather than offering a choice.\nTo change it, change who owns the business on the ",[906,907,908],"a",{"href":748},"Users"," screen.",[868,911,912],{},"Two things follow from being the proprietor:",[914,915,916,924],"ul",{},[917,918,919,920,923],"li",{},"Their Self Assessment covers the profits of ",[872,921,922],{},"all"," their businesses together.",[917,925,926,927,930],{},"They can never be paid through payroll. Money they take out of the business is ",[872,928,929],{},"drawings",", not salary.",[891,932,934],{"id":933},"accounting-basis","Accounting basis",[868,936,937,938,941],{},"This is the basis your ",[872,939,940],{},"trading profit"," is worked out on:",[914,943,944,950],{},[917,945,946,949],{},[872,947,948],{},"Cash basis"," - income counted when you are paid, costs when you pay them. The default for sole traders and partnerships since 2024\u002F25.",[917,951,952,955],{},[872,953,954],{},"Traditional (accruals) basis"," - income when you invoice it, costs when you incur them, with closing stock valued and carried.",[868,957,958],{},"Leave the picker empty to use the default for your business type.\nWhen the cash basis is in force, the card names the actual adjustment it is causing on your Computation tab and for which year, so you can go and check it.",[868,960,961,962,965,966,969],{},"This is ",[872,963,964],{},"not"," the same as your VAT accounting basis, which is set under ",[906,967,968],{"href":467},"VAT Registration",".\nThe two are independent, and you can be on one and not the other.",[971,972,974],"h3",{"id":973},"what-the-cash-basis-does-to-stock","What the cash basis does to stock",[868,976,977,978,879],{},"On the cash basis, stock is deducted when you pay for it, so there is no closing valuation to carry - and ",[872,979,980],{},"inventory tracking is switched off",[868,982,983,984,987],{},"Your ",[906,985,986],{"href":120},"Products & Services"," catalogue still pre-fills invoices and bills as normal.\nOnly quantity and value tracking is unavailable.",[891,989,991],{"id":990},"simplified-expenses","Simplified expenses",[868,993,994],{},"HMRC's three flat rates, for sole traders and partnerships.\nEach is an independent choice - you can use one and not the others:",[914,996,997,1003,1009],{},[917,998,999,1002],{},[872,1000,1001],{},"Flat-rate mileage instead of actual vehicle costs."," 45p a mile to 10,000 miles, then 25p. While this is on, your actual running costs are excluded from box 20.",[917,1004,1005,1008],{},[872,1006,1007],{},"Flat-rate use of home, by hours worked each month."," £10 to £26 a month depending on hours, instead of apportioning your household bills.",[917,1010,1011,1014],{},[872,1012,1013],{},"Flat-rate adjustment for living at your business premises."," For a pub or guest house where the family lives on site.",[891,1016,1018],{"id":1017},"accounting-date","Accounting date",[868,1020,1021,1022,1025],{},"This card appears only if your accounting year end falls between ",[872,1023,1024],{},"31 March and 4 April",".\nMost businesses never see it.",[868,1027,1028],{},"By default HMRC treats a year end in that window as ending on 5 April, so your profits fall in a single tax year with no split and no provisional figure.",[868,1030,1031,1032,1035],{},"Tick ",[872,1033,1034],{},"Apportion my profits strictly across tax years"," only if you have elected to.\nDoing so splits each set of accounts by days across the two tax years it falls in, which makes the current year provisional until the later accounts are made up - and blocks closing it.",[891,1037,1039],{"id":1038},"why-cis-is-not-on-this-page","Why CIS is not on this page",[868,1041,1042],{},"If you work under the Construction Industry Scheme, that lives on its own screen.\nA contractor or subcontractor can be any legal form, including a limited company, while this whole page answers \"not applicable\" to one.",[868,1044,1045,1046,879],{},"See ",[906,1047,1048],{"href":615},"CIS",[891,1050,1052],{"id":1051},"related","Related",[914,1054,1055,1059,1063],{},[917,1056,1057],{},[906,1058,576],{"href":577},[917,1060,1061],{},[906,1062,601],{"href":602},[917,1064,1065],{},[906,1066,764],{"href":765},{"title":1068,"searchDepth":1069,"depth":1069,"links":1070},"",2,[1071,1072,1076,1077,1078,1079],{"id":893,"depth":1069,"text":894},{"id":933,"depth":1069,"text":934,"children":1073},[1074],{"id":973,"depth":1075,"text":974},3,{"id":990,"depth":1069,"text":991},{"id":1017,"depth":1069,"text":1018},{"id":1038,"depth":1069,"text":1039},{"id":1051,"depth":1069,"text":1052},"Set who the trade belongs to, which accounting basis you use, HMRC's flat-rate simplified expenses, and your accounting date election.","md","31 August 2026",{},true,{"title":571,"description":1080},{"loc":572},"Ygw3rS7fHSH_HzFpYIZPhSC1LCCQERgzURfdOWGUTcY",[1089,1090],{"title":566,"path":567,"stem":568,"summary":569,"children":-1},{"title":576,"path":577,"stem":578,"summary":579,"children":-1},1789321461355]