Inside the app
The income and expense tracker that knows Maltese tax
Plenty of apps will record what you earned and what you spent. Books, Settlano’s middle tab, does that in seconds, and then does the part a generic tracker cannot: it knows what each entry means for Maltese income tax, Class 2 and VAT, and moves your set-aside the moment you log it.
What Books is
One tab holding your income, your expenses and your invoices, totalled by the month. Logging an income is a three-second act: amount, a tap, done. An expense can start as a photograph. And anything you invoiced never needs entering at all, because a sent invoice books its own income.
A missing receipt is flagged rather than forgotten, so the gap gets closed the week it happens instead of surfacing in an audit.
An entry carries its tax with it
The reason a tracker built for Malta beats a general one is what rides along with each record:
None of that is a report you run later. It is the state of the app after every entry, which is what makes the one number on the home screen, safe to spend, trustworthy.
Expenses, audit-ready
Photograph a receipt and the amount, supplier and date fill themselves in, on your device. Supplier VAT numbers and input VAT go into a register your accountant can use as it stands, which is the audit trail Malta expects rather than a shoebox with ambitions.
A capital item, a laptop, a camera, is not pretended to be an ordinary expense: it is spread over its proper life as a capital allowance, computers over at least four years.
Invoices that book their own income
Send an invoice from the app and the income is already in your books, VAT snapshotted, nothing to re-enter. A part payment updates the balance, a reminder is one tap away, and the day an invoice goes overdue, you know. Malta’s invoice requirements, the numbering rule included, are built in rather than left as your homework.
What your accountant gets
A year of Books becomes an accountant pack in one tap: profit and loss, the income and expense registers with the audit trail attached, and a VAT summary, as one PDF with CSV beside it. You hand over a finished folder, and the conversation starts at the questions that need a human. Whether you still need an accountant has an honest answer: yes, and this is you arriving prepared.
Against a generic tracker or a spreadsheet
A generic income and expense tracker will hold your numbers and stop there. It has never heard of TA22, does not know that the VAT threshold counts by supply date rather than invoice date, and cannot tell an exempt supply from a reverse-charged one. A spreadsheet knows even less and, additionally, cannot watch the calendar. The tracking is table stakes; the Maltese tax attached to every entry is the product.
Is Settlano an income and expense tracker?
Yes. Books, the app's middle tab, records every euro in and out: income logged in seconds, expenses with their receipts, and invoices alongside them, totalled by the month. The difference from a generic tracker is what happens next: each entry immediately moves your set-aside, because the tracker and the Maltese tax engine are the same app.
Does receipt scanning need an internet connection?
No. The scan runs on your phone, using the device's own text recognition, and fills in the amount, supplier and date. Nothing is uploaded anywhere, which is the same answer for everything else in the app: your data stays on your device.
Can it track my invoices too?
Yes, and better than tracking: a Settlano invoice books its own income the moment you send it, a part payment updates the balance, and you know the day an invoice goes overdue. Income you invoiced never needs entering twice.
Is this full bookkeeping software?
It is the books of a self-employed person: income, expenses, invoices, the VAT figures per return box, and an accountant pack. It is not double-entry company accounting for a limited company, and it does not pretend to be.
Books is in the beta today, receipts, invoices, set-aside and all.
Join the beta