Sort a messy list of expenses into tax categories with ChatGPT

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Someone preparing a client's tax return gave ChatGPT the client's list of expenses, including a few items they didn't recognise, and it sorted them into the broad categories needed for the return. They said it saved them hours.

Prompt to copy
Here is a list of business expenses for [TYPE OF BUSINESS] in [COUNTRY] for [TAX YEAR]: [PASTE LIST WITH DATES, SUPPLIERS AND AMOUNTS]. Sort each one into these categories: [YOUR CATEGORIES, OR 'the usual categories for a self-assessment return']. Put anything you're unsure about, or that might be personal rather than business, in a separate 'check' list with a short reason, and give me totals per category.

Replace the [PLACEHOLDERS] with your own details before you send it.

How to try it

  1. Export or copy your expenses into a simple list, removing account numbers.
  2. Ask ChatGPT to categorise them and to list anything uncertain separately.
  3. Check the ‘unsure’ items yourself and have your accountant or the tax authority’s guidance confirm anything that matters.

Read the full guide →

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Reference: X @AccountingAsArt