Solopreneur Setup Guide

This guide walks you through setting up dubbl for a one-person business, from installation to day-to-day bookkeeping.

Disclaimer: Tax rules vary by jurisdiction. This guide provides general guidance. Always consult a qualified tax professional for advice specific to your situation.

Step 1: Create Your Organization

After logging in, create a new organization:

1. Click the organization switcher in the sidebar
2. Select Create Organization
3. Enter your business name, country, and base currency
4. Set your financial year start month

Step 2: Review the Chart of Accounts

dubbl sets up a default chart of accounts. Review it under Accounting > Accounts and customize as needed:

• Remove accounts you will not use
• Add accounts specific to your business (e.g., specific revenue streams)
• The defaults work well for most solopreneurs

Step 3: Add a Bank Account

1. Navigate to Accounting > Banking
2. Click New Account
3. Enter your bank account name and details
4. Import your recent bank transactions via CSV

Step 4: Set Up Tax Rates

1. Navigate to Tax in the sidebar
2. Add the tax rates applicable to your jurisdiction
3. These will be available when creating invoices and recording expenses

Step 5: Add Your Contacts

Add your regular customers and suppliers under Contacts. This saves time when creating invoices and bills.

Step 6: Create Your First Invoice

1. Navigate to Sales
2. Click New Invoice
3. Select the customer, add line items, and apply tax
4. Save and send

Step 7: Record Expenses

For each business expense:

1. Navigate to Purchases > Expenses
2. Click New Expense
3. Enter the details and attach the receipt
4. Use the receipt OCR feature to auto-fill details from a photo

Step 8: Reconcile Monthly

At the end of each month:

1. Import your latest bank transactions
2. Navigate to Accounting > Banking > [Your Account] > Reconcile
3. Match transactions to verify your books are accurate

Step 9: Review Reports

Check your financial health:

• Profit & Loss - Are you profitable?
• Cash Flow - Is cash flowing in the right direction?
• Tax Summary - What do you owe in taxes?
• Expense Analytics - Where is your money going?

Ongoing Tasks

Next Steps

• Accounting for Solopreneurs - Learn the basics
• Tax Filing Prep - Prepare for tax season
• Multi-Currency - If you work with international clients