I signed up to Solo for my book keeping business and so that I could use it for myself and recomend to clients as a low cost, fuss free alternative for sole traders. I was a bit disappointed upon sig...
Hey idlehands,
Thank you so much for taking the time to share such detailed feedback, especially from the perspective of a bookkeeper supporting clients. We really appreciate the thought you’ve put into explaining the practical challenges around GST and mixed-use expenses.
You’re absolutely right that apportioning expenses is an important part of sole trader bookkeeping, and we understand how extra manual work can reduce the time-saving benefit software is meant to provide.
I just wanted to mention (in case it helps) that Solo does allow you to split an Income or expense at the time you record it. When entering an income or expense, select Income Type > Split this option allows you to divide the transaction between categories ,for example, allocating the business portion to an expense account and leaving the personal portion out of your business reporting. This can help ensure GST is only calculated on the business component.
Let us know if you have any questions :)
Thanks,
Hannah