* With Coconut, you can see the transactions you make in all your relevant business bank accounts, linking them to the mobile app via so-called Open Banking, and have them automatically categorised for us to review and report on each month.
Coconut sadly no longer offers a free service, but it usually beats the alternatives, like setting you up with fully-fledged accounting software like Xero – though that is an option too, if you’d prefer.
We’re hoping to soon make an arrangement where we can offer this to you at a discount from their usual rates, but we’re not linked with Coconut in any other way, so they’ll handle your setup entirely separately.
And if you need a new business account e.g. to help keep your business transactions separate from your personal ones, we’d be happy to offer our recommendations. Not all business bank accounts are made equal…
You can learn more about Coconut on our page here
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