Summary rental activity per quarter only

Hi Dan,

For Digital Record Keeping in your Clear Books account, MTD rules generally require you to digitally record the details for every single business transaction (income and expense). Clear Books is not a 'bridging software', instead, it is HMRC-recognised MTD accounting software that is designed to be your permanent digital record-keeping system.

You can import your spreadsheet as a bank statement, but requires separate columns for the following: date, description, amount/ money in & money out. Please see: How to import a statement file

Once imported, you must then explain each transaction, please see: How to explain income and expenses on an imported statement

The exception is if the property is jointly owned, in which case, this can be manually entered as totals for the quarter.

Tommy