Sole traders and contractors

A simpler bookkeeping path for sole traders and contractors who need a clean file without a large back office.

A sole trader file can still be a poor fit for Essential if there are many accounts, a backlog or employees. The plan builder uses the answers, not the business structure alone.

Workflow notes

• Simple bank-account checklist
• Invoice and expense capture
• Separation of private and business spending

Onboarding questions

• Is there one business account?
• Are private expenses mixed through the business account?
• How far behind is the file?

Limits

Personal tax returns and deductions advice are not included.