Innovation at your fingertips – ideas on doing business solo. Easy.

This is the product guide for existing Sole users and trial users who want to get more out of the Sole reporting screen. If you're looking for a general explainer on P&L reports for sole traders, see our guide: How to Run a P&L Report as a Sole Trader. Here's exactly what the P&L screen in…

GST tracking means keeping a running record of the GST you collect on every sale and the GST you pay on every business expense — so that at BAS time, the net figure you owe the ATO is already calculated. Done manually, this is error-prone and time-consuming. Done in Sole, it happens in the background…

A profit and loss (P&L) report shows your total income, your total expenses, and what's left — your net profit or loss — for any period you choose. It's the single most important financial report a sole trader can run, and most sole traders either don't run it or only look at their bank balance…

A Business Activity Statement (BAS) is a form you submit to the ATO to report and pay the GST you've collected on sales, claim credits for GST you've paid on business expenses, and (if applicable) report PAYG withholding. You only need to lodge a BAS if you're registered for GST. Sole pre-calculates every BAS figure…

A recurring invoice is an invoice that Sole creates and sends automatically on a schedule you define — weekly, fortnightly, monthly, or any custom frequency. Set it up once, and every invoice to that client goes out on time without you touching it. It's the most practical tool a sole trader with regular clients can…

The single biggest cash flow problem for Australian sole traders isn't sending invoices — it's not getting paid for them. The fix involves three things working together: sending invoices the moment the job is done, offering multiple ways to pay, and automating your follow-up. Sole handles all three from your phone. How to Send an…

A professional invoice in Australia is a formal request for payment that meets ATO requirements — including your ABN, the GST amount (if you're registered), a clear description of goods or services, and the total amount payable. If you're a sole trader, every invoice you issue must carry your ABN or the payer is legally…

Xero has just confirmed another round of price increases for Australian subscribers, effective 1 July 2026. Every business plan is going up, and the multi-organisation discount is being removed at the same time. If you’re a sole trader, this one stings more than most. The plans most solo operators sit on – Ignite and Grow…

There's a specific moment every sole trader hits. You're at the laptop at 9pm editing a social post, knowing full well the quoting, the invoicing and three unread client emails are still sitting there waiting for you. That's the moment the business stops growing. The answer isn't to work harder, it's to get help. But…

If you're a sole trader providing NDIS services, navigating your tax obligations can feel like learning a second job. The good news? Most of your NDIS income is GST-free — but only if you do it right. This guide breaks down everything you need to know about GST, income tax, BAS lodgment, and deductions as…

How do you stop guessing how many hours you worked and start getting paid for every minute? You use a timer that runs while you work, then converts those hours straight into professional invoices with one click. No more under-charging or awkward conversations. You know that moment when you finish a job and think… “Was…

Why do tradies, consultants and creatives all need different invoice templates? Because each industry has its own line items, ABN requirements and client expectations. Using the right template makes you look professional and gets you paid faster. You know when you send an invoice and it just feels… off? Like it’s missing something. Or the…