Industries
Every sector has the two or three things that actually bite. These are the ones we watch for Australian businesses — each links to the full sector document.
Ecommerce
Settlement reconciliation, marketplace fees and inventory that agrees to the ledger.
- GST coded at the transaction, not corrected at lodgment
- Low-value imported goods rules and who collects the GST
- FX gains and losses kept separate from trading margin
SaaS and software
Deferred revenue, MRR that ties to the P&L, and books investors can read.
- AASB 15: subscription revenue earned over the service period
- Gross-vs-net on gateway fees — it changes revenue and margin
- A deferred-revenue schedule the registered agent can lodge from
Professional services
WIP, utilisation and billing that reflects what was actually delivered.
- AASB 15 on time-based and fixed-fee engagements
- GST timing on unbilled WIP and progress billing
- Payroll tax grouping across multi-jurisdiction firms
Construction and trades
Job costing, retentions and progress claims kept straight.
- Progress claims under security-of-payment legislation
- TPAR: the contractor report built from clean books
- Retention trust accounts where state law requires them
Real estate
Property-level reporting, and entity structures that stay separate.
- Bonds lodged with the state, trust accounts audited annually
- Outgoings reconciliation under retail-leases legislation
- Land tax aggregation across related entities
Nonprofits
Restricted-fund tracking and reporting a board and a funder both accept.
- ACNC reporting tiers and what each requires
- Income recognition under AASB 1058 and AASB 15
- GST concessions and FBT rebates named for the agent
Hospitality
POS-to-ledger reconciliation, tip and penalty-rate payroll data, and the food-tax lines kept straight.
Medical & allied health
Remittance reconciliation, contractor-doctor exposure watched, and practice structures kept separate in the books.
NDIS providers
Price-guide billing reconciled, claiming kept audit-ready, and the reporting plan managers actually ask for.
Agencies & consultancies
Retainers vs projects, media pass-through kept out of revenue, and the contractor network’s compliance data captured as you go.