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Comparison

Best invoicing software for Australian sole traders (2026)

Hnry, Rounded, Xero, and MYOB are the four platforms Australian sole traders actually pick between. Here's the honest comparison — pricing, GST/BAS handling, tax automation, and a clear best-for verdict per use case.

In this guide

  • Quick verdict by use case (4 personas).
  • Side-by-side comparison: price, GST/BAS, tax, sole-trader fit.
  • Detailed pros and cons for each platform.
  • Affiliate links are clearly marked.
Jump to verdict ↓

Last updated

30 April 2026

Format

Comparison + verdict

Tools compared

4 AU-focused platforms

Comparison

Side-by-side

Pricing accurate as of the last update date — providers change plans, so confirm before you sign up.

ToolStarting priceGST + BASTax automationSole-trader fit
Hnry
1% of income (capped, AUD)Yes — registers, lodges, calculatesIncome tax + GST + super lodged for youStrongest
Rounded
From ~$23.95/mo (Starter)Yes — BAS reports + GST trackingReports only — you lodge with the ATOStrong
Xero
From ~$35/mo (Starter)Yes — BAS lodgement direct to ATOReports only — you or your accountant lodgeMedium
MYOB
From ~$29/mo (Lite)Yes — STP + BAS lodgementReports only — you or your accountant lodgeMedium

Confirm current pricing on each provider's site — these are starting prices for the lowest plan that meets sole-trader needs (invoicing + GST). Higher tiers add features like proposals, multi-currency, payroll, or inventory.

Detailed reviews

Each platform, in detail

Pros, cons, and the honest 'best for' line for each — written from a sole-trader's perspective, not a sales sheet.

Hnry

Sole trader tax + invoicing on autopilot

Best for: The least admin you can have as an AU sole trader — Hnry pays your tax and super on your behalf, every time you get paid.

Visit Hnry

Pros

  • + Tax, GST, and super are calculated and paid for you on every invoice — no quarterly scramble.
  • + BAS, income tax return, and super contributions are lodged for you, included in the fee.
  • + Pricing scales with income (1%, capped) — costs nothing in slow months.

Cons

  • Built for service-based sole traders — not ideal if you sell physical inventory at scale.
  • Less flexible if you want to control which deductions you claim or run a complex chart of accounts.
  • Switching to a company structure later means moving to Xero or MYOB anyway.

BizTools.au may earn a commission if you start a paid plan via this link — pricing is unaffected.

Rounded

Invoicing + accounting for AU freelancers

Best for: The cleanest, most sole-trader-shaped invoicing tool in Australia — without locking you into Hnry's tax service.

Visit Rounded

Pros

  • + Built specifically for AU sole traders and freelancers — not a stripped-down version of accounting software for businesses.
  • + Strong invoicing, expense tracking, time tracking, and proposals included on most plans.
  • + BAS-ready GST tracking with reports you (or your accountant) lodge to the ATO.

Cons

  • No automatic tax or super lodgement — you still set money aside and lodge yourself.
  • Limited if you grow into employees or need full payroll.
  • Smaller integration ecosystem than Xero or MYOB.

Recommendation only — no affiliate relationship currently configured for this partner.

Xero

Accounting software for growing businesses

Best for: The most flexible accounting platform in Australia — and the one your accountant almost certainly already uses.

Visit Xero

Pros

  • + Works for sole traders today and scales cleanly to multi-employee businesses.
  • + Huge integration ecosystem (banks, POS, payroll, time tracking, e-commerce).
  • + Direct BAS lodgement to ATO and strong reporting once you set things up.

Cons

  • Overpowered for someone who just needs to send a few invoices a month.
  • You'll need a bookkeeper or accountant for setup and reconciliation if you're not technical.
  • More expensive than sole-trader-focused tools if you don't use most of the surface area.

Recommendation only — no affiliate relationship currently configured for this partner.

MYOB

Accounting + payroll for Australian SMBs

Best for: Strong for payroll-heavy small businesses, with deep AU compliance and a long history of supporting trades and SMBs.

Visit MYOB

Pros

  • + Single Touch Payroll, super, and award-based payroll well-supported out of the box.
  • + Inventory, projects, and job tracking on the higher tiers — useful for trades and product businesses.
  • + Full BAS lodgement and strong AU compliance support.

Cons

  • Interface and product family is more complex than Xero — a steeper first-week learning curve.
  • Overkill if you're a solo service operator without staff.
  • Some features sit on higher tiers, so cost can creep as you turn things on.

Recommendation only — no affiliate relationship currently configured for this partner.

FAQ

Common questions

The questions sole traders most often ask before picking one of these four platforms.

Do I need invoicing software at all if I'm a sole trader?
Strictly no — you can issue tax invoices in Word or Google Docs as long as they include your ABN, GST status, an invoice number, the supply date, and the GST amount where applicable. But once you're issuing more than ~5 invoices a month or claiming expenses, software pays for itself in time saved and BAS sanity at quarter end.
What's the real difference between Hnry and Rounded?
Hnry is a tax service that includes invoicing — you send invoices through Hnry, your customer pays Hnry, and Hnry pays you the post-tax amount, lodging your BAS, income tax, and super for you. Rounded is invoicing + accounting software that gives you BAS-ready reports — you still lodge yourself or with your accountant. Rule of thumb: if you want to forget about tax, Hnry. If you want to control it, Rounded.
Can I just use Xero for invoicing?
Yes, and many sole traders do. The Xero Starter plan is invoice-capable, GST-aware, and direct-lodgement-ready. The trade-off is that you're paying for an accounting platform whose flexibility you may never need — Rounded usually wins on price-to-value if you're solo with simple needs.
What if I'm registered for GST and need BAS lodged for me?
All four platforms handle GST tracking. Hnry is the only one that fully lodges BAS and income tax on your behalf as part of the fee. Rounded, Xero, and MYOB all give you BAS-ready reports — you (or your accountant / registered BAS agent) submit them to the ATO.
How was this comparison put together?
We compared the four AU-focused platforms most often used by sole traders, looking at starting price, GST/BAS handling, tax automation, and how well the product is shaped for solo operators rather than larger businesses. Pricing accurate as of the last update date; check each provider for current prices and plan inclusions before you decide.

Disclosure + disclaimer

How this comparison was put together

Some of the links above are affiliate links. If you click through and start a paid plan, BizTools.au may earn a small commission. The commission does not change the price you pay and does not influence which tools we include or how we rank them.

We only included Australian-focused platforms that an AU sole trader would realistically pick between. International tools (FreshBooks, QuickBooks Online, Wave) are excluded because their GST/BAS handling is weaker for Australian use cases.

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