Is it income?

Not every deposit is income. A refund from a shop, money you moved from your savings and a loan are all deposits, and none of them is what you earned. SoloBook lets you say so, row by row.

🟢 The default: it counts

When a deposit arrives, SoloBook counts it as business income unless you say otherwise. Payments you record on invoices also appear in your income automatically.

🟡 One thing SoloBook needs from you

If you have more than one business, and a deposit arrives in an account that does not name a business, SoloBook cannot guess. These rows show Choose a business, and they are not counted yet. Switch to the right business at the top of the screen, open the row, and choose Counts as business income.

⚪ Deposits that are not income

Open the row and, instead of Counts as business income, choose Why it does not count. The reasons are:

• Loan or debt repaid
• Gift or inheritance
• Refund or reimbursement
• Tax refund or government benefit
• Other income, entered in the year figures: income that is not business income, which you add yourself on the Tax year page
• Not my money

You must pick a reason. A row that is excluded without a reason is marked Excluded without a reason: review, so it cannot be forgotten.

Moving money between your own accounts is a different thing. Tick This is a transfer between my own accounts.

💳 An account that is not yours

Sometimes a whole account’s deposits are not yours, for example a spouse’s card. In Bank accounts, mark Income on this account is not mine. SoloBook asks whether to apply it to the income rows you have not reviewed yet, or only to future imports. Rows you have already confirmed are never changed.

🔎 Finding rows that need a decision

In Transactions, the Income status filter has Counted, Not counted and Needs attention. The Tax year page also tells you how many income rows are not reviewed yet and how many were excluded without a reason, because those change the estimate.