Record an expense
From Expenses, add a new item with:
- Amount and the VAT included, if any
- Category (rent, software, travel…) so your reports are meaningful
- Date and supplier
- The receipt or tax invoice as an attachment
Record a bill you owe
Use Bills for costs you haven't paid yet. Fatoora tracks what's outstanding so you know what you owe and when. Mark a bill as paid once you settle it.
Why it matters
- Reclaimable input VAT is captured for your VAT201
- Categorised costs give you a clear profit picture
- Attached receipts keep you ready for any FTA review
Frequently asked questions
What's the difference between an expense and a bill?+
An expense is a cost you've already paid. A bill is money you owe a supplier that you'll pay later. Both feed your books and input VAT.
Should I attach receipts?+
Yes — attach the receipt or invoice to each item. It keeps you audit-ready if the FTA asks for proof.