Best Accounting Software for Aussie Sole Traders

As a sole trader, managing finances diligently can help you grow.

But tracking income, reconciling expenses and handling compliance obligations can be a drag. 

Luckily, accounting software can make your life a little easier.

This guide explores the top platforms that simplify money management for sole traders in Australia. 

Why Automate Finances?

Accounting software saves sole traders considerable time every week  through automation handling mundane responsibilities like:

✅ Data entry

✅ Expense reconciliation

✅ Report generation

✅ Tax reporting

With hours recouped, founders can reinvest effort into growing their businesses - not drafting invoices.

Key Features To Look For

Capabilities to consider carefully include:

• Invoicing - Customisable client billing with tracking
• Expenses - Receipt scanning, rules and reporting
• Analysis - Customisable real-time reporting
• Integrations - Connect other platforms
• Mobility - Access records remotely
• Security - Cloud backup protecting data
  

Top Choices For Sole Traders and Small Business Owners

🥇 Parpera

Parpera streamlines and removes tedious tasks through user-friendly automations that are tailored for business  owners in Australia. 

Key strengths:

🧾Australian-localised features

💲Robust but affordable plans

⚡️Seamless bank integration

📊Performance reporting

📲Mobile-first for a mobile-first world

🧮Tax estimate tools

🧾Invoice in seconds

💸Manage expenses 

Streamline and simplify your finances with Parpera so you can focus on building your business and doing what you love!

QuickBooks

Quickbooks Online earns its reputation through its financial automation for small businesses globally. Consider QuickBooks if you:

🔼Already use other Intuit products

🔼Require advanced customisation

🔼Desire abundant educational resources on accounting topics

Xero

Xero makes inroads with Australian entrepreneurs thanks to local brand recognition, integrations and usability. 

Let us know what accounting obstacles you face as a sole trader in Australia!