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Essential Info for eCommerce Bookkeeping Success

Stay organised and ATO-compliant with this practical guide for online sellers. Covers BAS deadlines, Xero tips, deductions, and helpful government resources – all in one place.

Stay organised and ATO-compliant with this practical guide for online sellers. Covers BAS deadlines, Xero tips, deductions, and helpful government resources – all in one place.

 

BAS & GST Deadlines

Quarterly BAS Due Dates:

  • Q1: 28 October

  • Q2: 28 February

  • Q3: 28 April

  • Q4: 28 July

Monthly BAS: 21st of each month Annual GST Return: If you're voluntarily registered for GST and below the threshold, the due date is generally 28 February.

More info: ATO - BAS due dates

Xero Tips & Resources

Stay on top of your bookkeeping by reconciling regularly. Use the Bank Rules and Repeating Invoices features to save time.

Helpful links:

  • Xero Central – Help Articles

  • Xero YouTube Channel

Common eCommerce Deductions

These are common deductions for online businesses:

  • Platform fees (eBay, Etsy, Shopify)

  • Merchant fees (Stripe, PayPal, Square)

  • Subscriptions (e.g., Canva, Adobe, Google Workspace)

  • Inventory purchases & shipping

  • Website hosting & domain costs

Learn more: ATO - Deductions for Small Business

Other Useful Resources

  • ATO - Record keeping for business

  • Business.gov.au - Starting a business

  • Fair Work Ombudsman - Hiring employees

Tip: Keep Personal & Business Separate

Using a dedicated business bank account and card is one of the simplest ways to keep your books clean and compliant. It also helps your bookkeeper work faster and more accurately.


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