Rounded for Sole Traders: Invoicing, Bank Feeds and BAS

Rounded is designed around Australian sole traders, particularly people selling their time or services. Its appeal is a shorter path from doing the work to invoicing the customer and keeping useful records.

The first buying decision is whether you need Pro. Automatic bank feeds and GST/BAS features make that the relevant plan for many owners, even when Starter's headline price looks sufficient.

Starter and Pro prices

Starter is listed at $23.95 a month or $264.95 a year. Pro is $29.95 a month or $329.95 a year. These were the displayed prices on 9 September 2026; confirm GST treatment and current terms before purchasing. The pricing page offers a 14-day trial without a card.

Starter includes invoicing, quotes, time and expense recording. Pro adds bank feeds, Stripe feeds, GST tracking and pre-filled BAS figures. Don't compare Starter with a competitor's automatic-feed plan and conclude that it is cheaper for the same work.

From a job to a paid invoice

Imagine a designer completing a small project. They need to record billable time, describe the work clearly, send an invoice and know whether the customer has paid. These are the tasks to repeat in the trial.

The status list is useful only if the underlying records are maintained. Check what happens when a customer part-pays, pays late or requests a credit. If you collect card payments, follow the gross invoice amount, fee and net bank deposit through the system.

Rounded's invoicing page shows the customer-facing and invoice-management features. Use it to choose trial tasks rather than copying the vendor's promise that everything will be automatic.

Bank feeds and BAS preparation

Pro reduces manual entry through its feeds. You still need to review a transaction's purpose. A payment at a familiar shop could contain private spending, a business purchase or both.

Pre-filled BAS figures are preparation work. Review the reporting period, settings and unresolved transactions, then follow the appropriate submission process. Save lodgement evidence separately from a screenshot of the pre-filled report.

A sensible weekly habit is to review recent entries, attach or retain missing documents and maintain a short questions list for your adviser. Our bookkeeping routine explains the underlying work without tying it to one product.

Where its focus becomes a limitation

If you employ staff, confirm a separate Australian payroll process. Tracking the owner's voluntary super or expenses does not replace employee payroll reporting.

If you sell stock, need detailed supplier purchasing or have a more complex entity, put those requirements in front of the provider. This guide evaluates Rounded as a sole-trader service workflow, not as a warehouse or group-accounting system.

There is nothing wrong with choosing a narrower tool. The important question is whether it covers your actual work, including the awkward transactions you handle every month.

A fair trial against Xero or FreshBooks

Use the same small project in both trials. Record time, create a quote, issue an invoice, record a part payment and export what the accountant needs. Write down any separate spreadsheet or manual step.

Read Xero vs Rounded for the growth and payroll tradeoff. The comparison tool also lets you compare Rounded with FreshBooks, Zoho and the other covered products.

Before moving, establish which historical records, attachments and balances can be imported. “Migration included” needs a scope. Use the switching checklist to agree that scope.

Key takeaways

• Pro is the plan to evaluate when automatic bank feeds or GST/BAS preparation matter.
• Test part payments, fees and corrections, not just a new invoice.
• Confirm future payroll, stock and entity needs before choosing a sole-trader-focused system.

Where to get help

Use Rounded's help centre for product instructions and ask your adviser to review the sample reports. Keep the questions specific to the work you need to complete.