There are lots of features on the roadmap (which is public) and if/when they are implemented, I really do think Coconut will be an all in one Accounting and Business account solution for Freelancers and Sole traders like me. Best of all, the support section is very honest, upfront and transparent and the help team are efficient and quick to respond. You can instantly get an estimate of how much you are likely to owe HMRC at the end of the tax year and generating reports is really easy and there are lots of handy advice tabs to make bookkeeping easier. You can add notes and attachments to all purchases, so you remember what they were for. Expenses/purchases made are auto categorised and every category has an information tab that gives advice and details about that category. You also get notifications for any account activity. There is a powerful client search tool for adding addresses and contact information to invoices too. Coconut has so many useful features, like an invoice tool to directly invoice your clients through the app and once they pay you, Coconut automatically matches the invoice with the payment and marks it as paid. Well designed, easy to use and intuitive. Securely connect your bank and credit card accounts to Coconut (we connect with over 25+, and are FCA authorised)Ĥ. Turn on your notifications (for income alerts, new features, and other useful tips)ģ. Download the app to start your 30-day free trialĢ. Start your 30-day free trial today-no card details required!ġ. Easily share your business records with your accountant (if you have one).Gain business insight, from a clear overview of your income and expenses.Send personalised invoices on the go, and track when they've been paid.Categorise transactions, snap and store receipts, add notes, and record VAT.See how much you should set aside for tax, based on your real-time transactions.Once you’ve securely connected your bank accounts to Coconut, you’ll be able to see all of your finances in one place and do the following in just a few taps: Coconut is a smart accounting and tax app for self-employed people that helps you track income, send invoices, categorise expenses, and work out how much tax you owe.ĭo all of your financial admin in a fraction of the time, so you can focus on your work!
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