Tech Startup

Bookkeeping for Sydney tech startups

You are burning cash to build something that does not exist yet. The least you deserve is knowing exactly how fast.

Sound familiar?

If any of these describe your week, you are not alone — and you do not have to keep doing it yourself.

Burn rate is a blur

SaaS subscriptions, contractor invoices, AWS bills, and occasional hardware — costs come from everywhere and nobody is tracking runway.

Contractor vs employee confusion

Your dev team is a mix of full-time, part-time, and offshore contractors. Each has different tax, super, and reporting requirements.

Investor-ready books do not exist yet

You know you will need to raise. But your books are in a spreadsheet, your cap table is a napkin sketch, and your financial model is optimistic.

What we handle for you

Every item below is done by our team and reviewed by your CPA. You do not touch any of it.

  • Monthly reconciliation across all accounts and payment platforms
  • SaaS subscription tracking and cost categorisation
  • Contractor and employee payroll processing
  • BAS preparation and GST compliance
  • Runway and burn rate reporting — updated monthly
  • Year-end close to investor-presentation standard

The outcome

You know your burn rate to the dollar. Your books are investor-ready. And when a VC asks for your financials, you send them same-day — not in three weeks after a clean-up.

We raised our seed round and the due diligence was painless. Their books were the reason the investor said yes quickly.

SaaS founder, Surry Hills

Common questions from tech startups

Can my startup claim the R&D Tax Incentive?

If you are an Australian-registered company with under $20M turnover conducting eligible R&D activities, yes. The key is documentation: you need to demonstrate that the work involves technical uncertainty, systematic investigation, and produces new knowledge. We prepare the application and maintain the contemporaneous records AusIndustry requires.

Should my startup be a company or a trust?

Almost always a company (Pty Ltd). Investors cannot invest in trusts easily, R&D incentives require a company, and employee share schemes are structured at the company level. If you started as a trust, we can help restructure — but earlier is cheaper.

How do I handle overseas contractors for tax purposes?

Foreign contractors are not subject to Australian PAYG withholding if they provide a valid foreign tax residency declaration. However, you may have transfer pricing obligations if the contractor is a related party. We ensure compliance with both Australian and cross-border rules.

Need tax and advisory too?

Tax structuring, advisory, and strategic planning for your industry — from the same team.

Ready to talk?

15 minutes. No obligation. We assess whether our specialisations match your situation. If they don't, we'll tell you straight.