Finance Dashboard
VAT monitoring, tax accruals, and owner's drawings, all in one place.
Finance Dashboard
Go to Finance → Finance Dashboard. Three tabs sit across the top — VAT, Tax Accruals, and Drawings — with a View Audit Trail button in the top corner on every tab.
VAT
The VAT tab opens with your HMRC Making Tax Digital connection status. If you're not connected, a banner offers Connect to HMRC so VAT returns can eventually be submitted directly.
VAT tab — HMRC connection, VAT Monitoring with threshold tracking, and VAT Liabilities
VAT Monitoring
This panel shows your VAT Status (Registered or not), VAT Number, and VAT Scheme, alongside your rolling 12-month turnover and projected annual figure. Two threshold bars track your position against the two numbers that matter for VAT:
| Threshold | What it means |
|---|---|
| VAT Registration Threshold (£90,000) | The point at which a business must register for VAT if not already registered |
| Flat Rate Exit Threshold (£230,000) | The point at which a business must leave the Flat Rate Scheme |
A VAT Status panel gives a plain-language read on your position — "Your VAT status is healthy with no alerts" when nothing needs attention.
VAT Liabilities
Below VAT Monitoring, a table lists VAT liabilities by period — Output VAT, Input VAT, Net Liability, Paid, Outstanding, Status, and Actions — with a Totals row.
Tax Accruals
Switch to the Tax Accruals tab to see how much you're setting aside for tax across the year. A summary card shows the Total Accrued for the year and the monthly average, followed by a table of every accrual by month, with its description, amount, and an action to manage it.
Tax Accruals — total for the year, with Add Accrual and Annual Setup actions
Annual Setup
Click Annual Setup to create a full year of accruals in one go, rather than adding each month individually.
Annual Tax Accrual Setup — splits one total evenly across twelve monthly accruals
Enter the Year, the Total Annual Tax you expect to owe, and an optional Description. The system creates monthly accruals for the entire year, evenly distributing the total tax amount across all twelve months.
Add Accrual
Use Add Accrual instead when you want to record or adjust a single month individually — for example correcting one month's figure after Annual Setup, or adding accruals one at a time as the year goes on.
Drawings
Switch to the Drawings tab to track money taken out of the business by the owner. A summary card shows Total Drawings for the year, followed by a table of every drawing with date, description, amount, and payment method.
Drawings — total for the year, with Add Drawing, View Chart, and Reclassify Personal actions
Adding a drawing
Click Add Drawing.
Add Owner Drawing — date defaults to today, payment method defaults to Bank Transfer
| Field | Req? | Notes |
|---|---|---|
| Drawing Date | * | Defaults to today |
| Amount | * | How much was drawn |
| Description | - | Free text |
| Payment Method | - | Defaults to Bank Transfer |
View Chart and Reclassify Personal
View Chart gives a visual view of drawings over time rather than just the table. Reclassify Personal is presumably for moving a transaction that was originally recorded as a business expense into Drawings instead, once it's clear it was actually a personal cost — worth confirming the exact behaviour the first time you use it, since this isn't yet verified against the live screen.