BOOKKEEPING GUIDE
A simple income and expense workflow for freelancers
Freelance payments rarely arrive on one payday. Record each payment and cost by transaction date to understand a period’s actual income and expenses.
1. Separate payments and costs
Record client payments as income and materials, software, or travel as expenses. Keep internal transfers separate and add useful categories and notes.
2. Review the period and its entries
Set start and end dates in Insights, compare the income and expense columns and net trend, then open the entries behind those totals.
3. Keep currencies distinct
Retain the original currency for international work. The app summarizes each currency separately and does not automatically convert exchange rates.
This is a record-keeping workflow, not tax or accounting advice. Retain source documents.