Accounting & books

Every expense is filed under a category. This is what each of the eleven categories means and how your choice shapes the Expenses by category breakdown and your reports.

Open the Expense invoices page to download every uploaded receipt for a period as one ZIP file, ready to hand to your accountant for VAT filing.

Read a single client's statement of account: their opening balance, what you invoiced, what they paid, and the balance still due over any period.

Produce a client's statement on the Statements page and download it as a branded PDF, Excel or CSV to send to them yourself.

Read the Receivables report to see every unpaid invoice aged into Current, 1-30, 31-60, 61-90 and 90+ day buckets, with the most overdue first.

The Invoiced and Collected buttons let you switch a report between money you have billed and money you have actually received. Here is what each one counts and when to use it.

Every accounts report can be narrowed to a month, quarter, year or a custom date range using the date picker at the top. Here is how the presets and custom range work.

The Revenue report shows your true professional-fee income, kept separate from government fees and VAT, broken down by period, by service and by client.

Government and authority fees you rebill to a client are money you collect on their behalf, not your income. Here is why IzzyTap keeps them separate from your revenue.

Read the Profit & net VAT report to see your output VAT, reclaimable input VAT, the net VAT you owe, and your profit for any period.

Open the general ledger, pick any account, and read every transaction that hit it with a running balance down the page.

Set a closing date so a period you have already filed is frozen and its numbers can never be changed by a later edit.