Blog / Income & Expense Tracking
Income & Expense Tracking
Practical ways to keep on top of what's coming in and going out.
What Actually Counts as a Deductible Business Expense
A look at why the 'feels like a business cost' test falls short, and how mixed-use, capital and private expenses are treated differently in practice.
How Your Invoicing Habits Shape When You Actually Recognise Income
The timing of when you send, date, and follow up on invoices quietly determines which period your income lands in. Here's how invoicing habits and income recognition connect.
Why Separating Business and Personal Money Makes Everything Easier
Mixing business and personal spending in one account is common for sole traders, but it quietly makes tracking income, expenses, and GST far harder than it needs to be.
Why a Bank Deposit Isn't the Same as Income
Money hitting your bank account isn't automatically income. Here's how to tell the difference and why it matters for your records and GST.
A Simple System for Tracking Income and Expenses as a Sole Trader
Most sole traders don't have a bookkeeping problem — they have a capture problem. Here's a simple, low-effort system for logging income and expenses as they happen, so tax time stops being a scramble.