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Income and Expense Tracker (Australia)

A simple income and expense tracker for Aussie small businesses and side hustles, in A$.

Enter each sale and expense, see monthly totals and profit, and export at tax time.

Example: monthly summary

MonthIncomeExpensesProfit
JulyA$2,100A$640A$1,460
AugustA$1,850A$520A$1,330
SeptemberA$2,400A$910A$1,490
QuarterA$6,350A$2,070A$4,280

Example figures only.

Suggested expense categories

CategoryExamples
Materials / stockPaper, fabric, ingredients
Platform & payment feesEtsy, Payhip, Stripe, PayPal
Postage & packagingSatchels, labels
SoftwareDesign apps, accounting
AdvertisingEtsy ads, social ads
EquipmentPrinter, laptop

Routine

Enter weekly, reconcile monthly against your bank, review quarterly to see what's actually profitable.

General information only, not financial or tax advice.

What's the difference between income and profit?

Income is what you receive; profit is income minus business expenses.

How often should I update my tracker?

Weekly entries and a monthly bank reconciliation work well for most small businesses.

Does it calculate GST?

The Tax Time Bundle and Sole Trader Dashboard include GST columns for registered businesses.

Related

Australian Tax Time Bundle · Sole Trader Income & Expense Spreadsheet · Sole Trader Tax & BAS Dashboard

Try it in an app

Side Hustle Income & Tax Tracker (AU) (A$29, one-off): Track side-hustle income and expenses by Australian financial year, set money aside for tax, and watch the GST turnover threshold.