Accounting & books

Set up a supplier, the businesses your firm buys from, with their name and TRN so you can record bills against them and reclaim VAT.

Turn on IzzyTap's built-in accounting so every invoice, payment, and expense is recorded to your ledger automatically.

Update a supplier's details, or mark one inactive so it no longer clutters the new-bill list, while keeping all its past bills on record.

See the full list of accounts your books are organised into, grouped in plain English into what you own, owe, earn, and spend.

What Open, Part-paid, Overdue, Paid and Cancelled mean on the Bills page, and when a bill moves from one to the next.

Read the report that lists every account's balance side by side and proves your books are internally consistent.

Read the report that shows what your firm earned minus what it spent over a period, ending in your profit or loss.

How a bill's due date makes it turn overdue on its own, and the only way to clear the red flag.

Read the snapshot of what your firm owns, what it owes, and what is left for the owners on a given date.

Pay a supplier bill in instalments, and how the balance and Part-paid status update after each payment.

When the 'Paid from' picker appears, choose the bank account the money left, or record that it came from petty cash.

Enter a cost your firm owes a supplier but has not paid yet, so it is added to your accounts payable and your books stay accurate.