The problem
Freelance income and expenses touch every account you own: business checking, a credit card that mixes personal and business, PayPal, Stripe, sometimes a savings buffer. At tax time you need a clean picture of income, deductible expenses, and category totals. Rebuilding that in a spreadsheet every quarter is a full weekend.
How Karchu helps
Karchu reads every statement, categorizes the transactions with rules you can edit, and separates business from personal in a dedicated workspace. Recurring subscriptions surface automatically. Category totals export to CSV or Excel that drops straight into your accountant's spreadsheet or your tax software.
Recommended workflow
- Create a Business workspace and a Personal workspace. Statements stay separate.
- Upload the past quarter of statements as PDF, CSV, or Excel.
- Skim the dashboard: total income, business expenses, top categories.
- Adjust a handful of rules where a merchant landed in the wrong bucket.
- Export a categorized CSV for your accountant or tax filing.
What users say
The rule engine matters. Once I taught Karchu that a specific Amazon SKU is business software, every future one is categorized correctly without me touching it.