FoderisThe Foderis blog
Plain-English guides to GST, BAS, Stripe and bookkeeping for Australian SaaS founders and online businesses.
ATO Record Keeping and Receipts: What Small Businesses Keep
How long to keep business records, whether digital copies of receipts are fine, and when you need a valid tax invoice to claim GST credits on purchases.
Cash or Accrual GST Accounting: Which Method Suits Your Business?
Cash vs accrual GST accounting in Australia: who can use the cash method, how timing differs, how Stripe payouts and invoices fit in, and how to change.
Director Loans and Division 7A Basics for Pty Ltd Founders
What a director loan account is, why it matters, and how Division 7A can turn money you take from your company into an unfranked dividend, in plain words.
Do I Need to Register for GST? The A$75,000 Threshold Explained
When you must register for GST in Australia: the A$75,000 threshold, current vs projected turnover, what counts, and whether a SaaS should register early.
GST on Overseas Software Subscriptions: Your ABN and GST Credits
How GST works on overseas software such as cloud hosting and design tools: give your ABN, what to do if GST was charged, and when the reverse charge applies.
GST on SaaS Sales to Overseas Customers: What Australians Owe
When SaaS sales to overseas customers are GST-free in Australia, the evidence to keep (billing, card and IP country) and what to do when it conflicts.
How to record Stripe payouts so your bank account reconciles
A Stripe payout is not a sale. Here is how to record sales, fees, refunds and disputes through a holding account so each payout matches your bank deposit.
Monthly Bookkeeping Routine for a Small Online Business
A monthly bookkeeping routine for small online businesses: download the bank file, check the balance, categorise, set rules, file receipts and prep the BAS.
Simpler BAS explained: G1, 1A and 1B for small businesses
Simpler BAS asks for just three GST figures: G1, 1A and 1B. Here is who can use it, how to work out each label, rounding, and the quarterly due dates.
Stripe fees and GST in Australia: how to claim the credit
Stripe charges GST on its fees to Australian accounts. Learn how to claim the GST credit, why you record gross sales and fees, and where to find tax invoices.
Switching Accounting Software Mid-Year, Such as From Xero
How to switch accounting software mid-year: pick a BAS quarter cutover, export from Xero, set opening balances, run a parallel quarter, archive and cancel.
USD revenue through Stripe in Australia: GST and your books
Charging in USD through Stripe? Which AUD amount goes in your books, how GST works on foreign currency sales, when exports are GST-free, and what to keep.