Freelancers

Expense tracking for freelancers and consultants

Laptop, software and co-working separated from personal spend. Equipment depreciated properly, foreign subscriptions converted to SGD.

What you deal with

  1. 01Business and personal spend on the same card
  2. 02Unclear what is claimable
  3. 03Foreign-currency software subscriptions

Fast receipt scanning

Business or personal in one tap

Each receipt is read, then sorted with one tap. Phone bills and home-office utilities split by the business share you set.

Fast receipt scanning ›

Fixed assets

Equipment as an asset, not an expense

Office equipment from S$1,000 is suggested as an asset. Pick a method, including the IRAS capital allowance options over 1 or 3 years, and depreciation lands in your expenses each month.

Fixed assets ›

Fast receipt scanning

Foreign subscriptions in SGD

Receipts in other currencies are converted at the day’s rate. Enter the card amount if your bank charged a different figure.

Fast receipt scanning ›

Expenses you are likely to record

  • Software and subscriptions
  • Equipment, through capital allowances
  • Co-working and the business share of home costs
  • Courses relevant to the work

Whether each one is deductible depends on its business purpose. The guides below set out the IRAS rules.

Questions

Do I need to be GST-registered?

No. Everyone gets the expense statement. GST statements and F5 figures are there for those who are registered.

Is the free trial for every plan?

The 30-day free trial is for yearly plans only. Your card is taken at sign-up and charged when the trial ends; cancel before then and you pay nothing. Monthly plans are billed from day 1.

Where is my data kept, and for how long?

Stored securely in Singapore and backed up every day. Each receipt is kept for 7 years from the day it was uploaded. Download everything while your plan is active and for 30 days after.