Features
Bank Imports
Import bank or credit card statements from any bank, in any format (daily bank feed, individual bank fetch, paper statements, pdf statements or csv statements) and LimeBooks will automatically recognise, categorise and choose the amount of VAT on each transaction for you based on historic data.
- No need to alter the CSV, just import it as you have downloaded it.
- All the main banks are automatically recognised, including; NatWest, Barclays, HSBC, Tide, Starling and PayPal.
- A balanced and analysed bank account every time.
- Bank reconcile all of your bank accounts to the bank statement.
- Import unlimited transactions, all in one go.
- All data is available to be exported as a CSV file or PDF.
Quotes and Invoicing
Quickly create and send professional customised quotes and invoices personalised with your logo on.
- Search, filter and amend customers invoices.
- Review all outstanding invoices with one click of a button.
- Allocate money received against the invoice and allocate any CIS that has been deducted, if you are a subcontractor.
- Create and allocate credit notes which can be directly emailed to your customers.
- Generate multiple sales reports and export as a CSV or PDF.
- Automatically matched to money received in the bank.
Personalised Key Tax Dates and Filing Deadlines Reminders
Be in total control of all your filing deadlines and tax payment due dates.
- A full list of all your reminders in date order which update automatically as a new deadline becomes due.
- All deadlines and tax reminders are personalised for your business.
- Never miss a filing deadline or tax payment date again.
Reporting
A detailed range of reports are available so you can see exactly how your business is doing and ensure you are in total control.
- Keep a full track on all your income and expenditure over any period, helping you to manage your cashflow.
- Multiple sales reports including sales invoices raised, monies received and invoices outstanding.
- Travel claims report showing all your mileage and subsistence claims for a chosen period.
- Reports giving a detailed breakdown of any category of income or expenditure for any period.
- A running balance report for all your bank and cash accounts.
VAT
Prepare and submit your MTD compliant VAT Returns directly to HMRC, LimeBooks is suitable for businesses that use cash accounting for VAT (turnover up to £1.35 million) under the Standard Scheme or Flat Rate Scheme.
- LimeBooks can automatically calculate your VAT Returns in real time so you know exactly what you owe at anytime.
- All previously submitted VAT returns are available to view, and you can see a full summary breakdown of each box on the VAT Return.
- View a HMRC VAT submission receipt for each VAT return submitted.
- Direct access to HMRC to view all previously made VAT payments.
Purchase Ledger
- Record all your purchase invoices.
- Automatically matched to payments in the bank.
- Attach digital receipts.
- Record CIS withheld.
Mileage and Subsistence
Record and keep a track of all your business miles travelled and subsistence claims made.
- All calculated at HMRC approved rates.
- Produce reports for any given period to support your claims.
Transaction Maintenance
All transactions can easily be edited with just one click of a button.
- Multiple transactions can globally be changed at once if multiple transactions have the wrong category or VAT code.
- All data can be sorted on screen by date, category, reference, description or amount making it really easy to search and sort for any transaction.