Categories
Categories help organise your transactions and ensure they’re reported correctly to HMRC.
Default categories
Calceum comes with default categories that match HMRC’s Self Assessment requirements. These ensure your quarterly updates and tax returns are formatted correctly.
Income categories
- Sales/turnover
- Other business income
- Rental income (property)
Expense categories
- Cost of goods sold
- Office costs
- Travel expenses
- Vehicle expenses
- Staff costs
- Legal and professional fees
- Marketing and advertising
- Bank charges
- Insurance
- Rent and utilities
- Repairs and maintenance
- Other expenses
Custom categories
You can create custom sub-categories for more detailed tracking. These will roll up into the main HMRC categories for reporting.
Category rules
Set up rules to automatically categorise transactions based on the description or merchant name. This saves time when reviewing bank imports.