Equipment as capital and the asset register

Things you buy to keep and use in the business, such as a camera or a laptop, are usually capital, not a day-to-day cost. They go under Equipment / Fixed Assets (company) or Capital Allowances (self-employed), so the Annual Investment Allowance (AIA) can be worked out.

Move kit to equipment

Check your books → Better categories suggests moving kit into equipment. Tap Move all or one at a time.

The asset register

1. Open Money → Check your books → Asset register.
2. See each item: date bought, cost, how it was paid and the AIA year.
3. Sold something? Under Sales to link, tap Link sale to add the date and price.
4. Tap Export CSV to send the register to your accountant.

Capital allowances have rules. Read Annual Investment Allowance on GOV.UK and check with your accountant.