How do I add Bolt sales revenue to my Private Trader company’s accounting?

Add the Bolt sales report to the UKKO service as an income voucher.

Report the total sales revenue generated through the Bolt service, broken down by the different sales categories, before deducting Bolt’s service fees and other charges. Report Bolt’s charges separately as expenses instead of reducing the sales amount.

How to add the Bolt sales report

1. Make sure that the foreign trade add-on is activated on your UKKO customer account.
2. Download the balance statement for the relevant period from Bolt.
3. Check that the report includes at least:
   • the reporting period
   • sales generated through the Bolt service
   • service fees and other charges invoiced by Bolt
   • the net amount paid or transferred to your company, including cash sales
   • any tips.
4. Add the report as an attachment to the income receipt you create in the UKKO service:
   • Date: Enter the first date of the period shown on the report.
   • Entry type: Select Sales.
   • VAT rate for the sales and buyer details: See the more detailed instructions below.
   • Sales amount: Report the total sales amounts shown on the report before deducting Bolt’s charges. See the more detailed instructions below.
   • Description: Tell what period (dates) the income is from.
   • Bolt’s service fees and other charges: Add these separately as deductible expenses, or as a sales commission. See the more detailed instructions below.
5. Mark the income paid using the correct bank transaction or transactions or with "mark as paid" 
   • If Bolt makes several transfers to your company’s bank account during a calendar month, you can assign all the account transaction to one income voucher and report all the incomes received during the month on a single income voucher. In this case, download the full monthly balance statement from Bolt and attach it to the income receipt.
   • If part of the sales revenue was received in cash, mark that amount paid directly to income.
      

Below, we explain how to add the income in your UKKO customer account.

Which amounts should be reported as sales?

Report the total sales generated through the Bolt service, including cash payments, before Bolt has deducted its service fees or other expenses.

The entries based on the balance report mentioned above are explained below:

1. Payments received through the Bolt app: €3,256.30, VAT rate 13.5%:
   • App earnings: €3,135.50
   • Cancellation fees: €30
   • Cash discount given to the passenger: €90.80
2. Amount paid in cash: €264, VAT rate 13.5%.
3. Tips received from passengers: €66, VAT rate 13.5%.
   
   Add these sales reported at the Finnish VAT rate of 13.5% as follows:
   Who bought the product/service: Private individual
   Buyer’s country: Finland
   
   
    

4. Possible sales made to Bolt: €209.50, VAT rate 0%.

   These sales are subject to the EU reverse-charge VAT procedure. They include, for example, campaign payments and expense reimbursements:

   Fleet campaign earnings: €196, VAT rate 0%

   Expense reimbursements: €13.50, VAT rate 0%

   Add these sales subject to EU reverse-charge VAT as follows:
   Who bought the product/service: Company
   Buyer’s country: EU country
   Select EU country: Estonia
   VAT number: EE102090374 (Bolt’s VAT number)

The completed income entry for all the sales in the example looks like this:

Do not report only the net amount paid into your bank account as sales, because Bolt’s service fees may already have been deducted from that amount.

Bolt’s expenses are processed separately as expenses. From Finland’s perspective, Bolt operates under an Estonian business ID, so the expenses are subject to reverse-charge VAT.
 

Which amounts should be reported as deductions?

Report the expenses charged by Bolt as deductions, or sales commissions. The expenses are listed as costs in the net earnings section of the report. A more detailed breakdown can be found in the transaction details.

5. Total deduction, or sales commission: €877.73:
   • App commission: €789.27
   • Cash commission: €88.46

Bolt’s sales commission is subject to the EU reverse-charge VAT procedure:

• Select EU country as the country for the deduction.
• Select 0% as the VAT rate.
• Enter the total deduction of €877.73.

The deduction in the example looks like this in the income entry:

How do I mark the income as paid?

After you have reported the total sales of €3,795.80 and the deductions of €877.73:

• If the bank account used by your private trader business is connected to your UKKO customer account:
  • Assign the bank transaction for the Bolt payout of €2,654.07 to the income. This marks the income as paid.
  • Mark any cash sales as "mark as paid". Enter the date of the last cash payment as the payment date.
  • Alternatively, you can mark the Bolt payout account transactions as private and then mark the entire income with "mark as paid". Enter the total amount of income received, including Bolt payouts and cash payments. Use the last date of the sales reported on the report as the payment date.
• If the bank account used by your private trader business is not connected to your UKKO customer account:
  • Mark the entire income "mark as paid". Enter the total amount of income received, including Bolt payouts and cash payments. Use the last date of the sales reported on the report as the payment date.
     

How should I handle cash sales?

Income received through Bolt may include trips paid for by passengers in cash. Cash sales are part of your business sales even if the money is not transferred to your business bank account.

Proceed as follows:

1. Include the cash sales in the total sales amount shown on Bolt’s report.
2. Mark the cash portion with "mark as paid". Alternatively, mark the Bolt payout transaction as private and mark the entire income "mark as paid".
3. Use the date on which you received the cash payment as the payment date. Alternatively, use the last payment date of the cash-sales period shown on the report.
    

Please also note

• Use a report covering the same period as the income you are reporting.
• Do not report only the net payout received in your bank account as sales.
• Include any cash payments in the total sales amount.
• Attach all pages of the Bolt report to the income receipt. Do not attach only a bank statement.
• The Bolt report may contain several types of income and VAT rates. Do not determine the VAT rate solely based on the report’s final total.
• The VAT rate for passenger transport is 13.5% as of January 1, 2026. However, different types of income reported by Bolt, such as commission reimbursements, campaigns and tips, may require separate treatment under the EU reverse-charge VAT procedure.
   

If you need help

If you are unsure which section of the report should be used as sales or how the different types of income on the Bolt report should be reported, send the following information to UKKO Entrepreneur customer service:

• The Bolt monthly invoice or sales report
• The reporting period
• Information about which part of the report is unclear

You can contact UKKO Entrepreneur Private Trader service at asiakaspalvelu@ukkopro.fi.

For questions about Bolt reports or payouts, please contact Bolt customer service directly.