Understand the business behind your bank balance.
Bring your statements into one workspace. Review business income and spending, then keep drawings separate from the trading result.
A clear place to work through the month.
Import supported CSV or PDF statements. Check the account and period before confirming the records.
Confirm categories and explain unclear items. Add receipts where supporting evidence is needed.
See recorded income less business costs. Keep that result separate from the cash currently in the bank.
Record drawings and money introduced apart from trading activity.
Keep customer invoices and supplier bills visible alongside your cash position.
Invite your accountant to review the same records. Choose which supported actions they can perform.
Taking money out does not make it a business cost.
Drawings reduce cash without reducing the trading result. Money you introduce increases cash without becoming sales income.
Struxra keeps these movements separate. Your accountant can review the treatment where needed.
Kept out of the trading result. Your accountant can review the treatment.
Keep the evidence close to the transaction.
Upload receipts and invoices for review. Struxra can extract details and suggest a matching transaction.
Check the suggestion before confirming it. If a document cannot be read automatically, keep the file and enter the details manually.
Relevant views for your circumstances.
VAT activity appears where applicable. Any VAT figure depends on the recorded rates and treatment, so it needs checking before use.
Payroll-related payments can be reviewed as business activity. Struxra does not calculate payroll or submit payroll information to HMRC.
Keep records ready for the next step.
Organised records give you and your accountant a clearer starting point for tax preparation.
Where Making Tax Digital applies, submissions are made using compatible software. Struxra does not submit them.
Start with one complete month.
Bring in a bank statement and review the activity against your records. Add the supporting documents your accountant needs.