Accounting & BookkeepingExpense Tracking3MediumOwner$ implied

A side business owner finds it hard to accurately track mixed expenses across multiple income streams using a spreadsheet, leading to messy categorization and tax-time stress.

Spreadsheets lack automated categorization, income stream separation, and mixed-expense allocation, making tax prep painful without purpose-built accounting software.

47
0
Opp. Score
47
Severity
3Medium
Willingness to Pay
implied
Added
Jul 31, 2026

Workarounds Described

  • tracks income and expenses in a spreadsheet with tabs named by month
  • manually categorizes transactions without clear separation between business lines

Implied Software Gaps

  • Automatic transaction categorization and income-stream tagging across multiple businesses
  • Built-in mixed-expense allocation (e.g., tools, mileage) with simple split rules
App Concept

SideLedger Pro

SideLedger Pro is a lightweight accounting app designed for side business owners juggling multiple income streams. It automatically categorizes transactions, separates expenses by project or business line, and flags mixed-use items like tools and mileage with simple splits. It streamlines tax prep by generating clean, CPA-ready reports, eliminating messy spreadsheets.

Key Features
  • Auto-categorization of transactions from linked bank/credit accounts
  • Income stream tagging to separate main and side business finances
  • One-tap mixed-expense splitting with percentage or amount allocation
  • Mileage tracking with GPS auto-log and business/personal classification
Target Users: Side business owners with multiple income streams (e.g., tradespeople, coaches, freelancers) managing $10k–$100k in side revenue
Revenue Model: $12/mo per user SaaS subscription, with a free 30-day trial
Part of App Idea
TaxWise Expense Guardian

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