Rounded

Rounded simplifies invoicing, expense tracking, and tax management for freelancers and sole traders.

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  • Overview
  • Features
  • Pricing
  • Pros
  • Cons
  • Reviews

Rounded Overview

  • Updated December 30, 2025

Rounded is user-friendly accounting software tailored for Australian freelancers and sole traders. It simplifies invoicing with customizable templates, tracks expenses, and manages GST and BAS for stress-free tax time. Features include time tracking, automated payment reminders, and bank feed integration for seamless reconciliation.

With a mobile app, multi-currency payments, and a clear dashboard, Rounded streamlines financial management, saving time for small businesses.

Key Features

  • Fast Online Invoicing: Users can create and send professional, customized invoices in minutes, and this eliminates the need for manual document creation.
  • Online Payments: Integration with Stripe or PayPal allows acceptance of credit and debit card payments, and this ensures quick and secure transactions.
  • Automated Payment Reminders: Overdue invoices trigger customizable reminders sent automatically, and this reduces delays in client payments.
  • Invoice Templates: Customizable templates streamline invoice creation, and users can apply different branding or details as needed.
  • Multi-Currency Support: Invoicing in various currencies, from Algerian Dinars to Zambian Kwacha, supports global clients, and this accommodates international transactions.
  • Email Integration: Direct integration with Gmail and G Suite enables invoice sending from personal email addresses, and this enhances professionalism.
  • Time Tracking Integration: Time tracked within Rounded links directly to invoices, and this ensures accurate billing for billable hours.
  • Expense Tracking: Users can connect bank accounts or snap receipts via the mobile app, and this organizes expenses for tax purposes.
  • Bank Feed Integration: Imports expenses from over 100 Australian financial institutions, and this simplifies income and expense tracking.
  • Receipt Capture: The mobile app allows users to photograph receipts for cloud storage, and this eliminates physical receipt clutter.
  • Tax-Ready Reports: Automatically compiles GST and BAS data, and this provides organized reports for tax filings.
  • Recurring Expenses: Users can set up automatic tracking for regular expenses like phone bills, and this reduces manual entry.
  • Client Expense Billing: Expenses can be assigned to clients for reimbursement on invoices, and this simplifies cost recovery.
  • Accountant Collaboration: Secure data sharing with accountants eliminates spreadsheet exchanges, and this streamlines communication.
  • Business Activity Statements (BAS): Automatically compiles quarterly BAS data as income and expenses are recorded, and this simplifies tax compliance.
  • Tax Estimates: Provides running estimates of income tax for the financial year, and this aids in financial planning.
  • Financial Reports: Generates simple income, expense, and profit-and-loss reports, and these support tax-time preparation.
  • Mobile Apps: iOS and Android apps enable invoicing, expense tracking, and bank reconciliation on the go, and this offers flexibility.
  • Client Management: Stores client details with multiple contacts and provides insights into outstanding invoices and top clients, and this improves organization.
  • Client Statements: Users can send statements with outstanding or historical invoices, and this enhances client communication.
  • Smart Notifications: Alerts for overdue invoices or new bank transactions, and this keeps users informed in real time.
  • Time Tracking: Tracks billable hours on desktop or mobile, generates timesheets, and visualizes time allocation, and this ensures accurate invoicing.
  • Dashboard Insights: Displays business performance metrics like cash flow and outstanding invoices, and this supports informed decision-making.

Price

Plan Price (AUD) What’s Included / Notes
Starter AU $23.95 / month (or AU $264.95/year if billed annually — i.e. one-month free) Core tools: customizable quotes & invoices, payment links (credit card / Apple Pay / Google Pay), overdue-invoice reminders, built-in time tracking, recurring invoices/expenses, expense/receipt capture, real-time income/expense tracking, tax estimates (GST/BAS ready), basic reports, ability to invite accountant.
— 14-day free trial available, no credit card required before trial ends.

Official pricing details: https://rounded.com.au/pricing
Note: Rounded is designed for freelancers and sole traders, with no specific plans for middle-sized or large teams.

Pros

Competitor Pros of Rounded
Xero Rounded offers a simpler, more intuitive interface tailored for Australian freelancers and sole traders, and this reduces complexity for users who don’t need advanced features like payroll or inventory tracking. Its pricing starts at $23.95 AUD/month, which is lower than Xero’s $36 AUD/month, and this provides better value for solo businesses. Rounded includes unlimited invoices and customizable templates on all plans, whereas Xero limits invoices on its Early plan. Users praise Rounded’s responsive support, and this contrasts with Xero’s reliance on email-based help.
QuickBooks Online Rounded’s streamlined design focuses on freelancers, and this avoids the feature bloat found in QuickBooks Online, which starts at $30 AUD/month. Rounded’s Pro plan ($29.95 AUD/month) includes GST tracking and BAS reporting, and these are tailored for Australian tax compliance. Customer reviews highlight Rounded’s ease of use and mobile app functionality, and these excel for on-the-go invoicing compared to QuickBooks’ more complex interface.
FreshBooks Rounded’s pricing ($23.95–$29.95 AUD/month) is competitive with FreshBooks ($24 AUD/month), and it includes Australia-specific features like GST and BAS reporting, which FreshBooks lacks. Rounded’s time tracking integrates directly with invoices, and this matches FreshBooks’ strength while offering a more localized solution. Customer reviews emphasize Rounded’s user-friendly design and fast support, and these often outshine FreshBooks’ North America-focused service.
Zoho Invoice Rounded provides a paid solution with dedicated support, whereas Zoho Invoice’s free plan lacks premium features like BAS reporting, which Rounded includes in its Pro plan. Rounded’s mobile app and bank feed integration offer seamless expense tracking, and these are praised in reviews for simplicity. Zoho Invoice’s interface can feel less intuitive, and Rounded’s focus on Australian freelancers ensures compliance with local tax requirements.
Wave Rounded operates in Australia, whereas Wave no longer supports Australian users, and this makes Rounded a clear choice for local freelancers. Rounded’s paid plans ($23.95–$29.95 AUD/month) offer advanced features like GST tracking and bank reconciliation, which Wave’s free plan lacks. Reviews highlight Rounded’s professional invoicing and responsive support, and these provide a more reliable experience than Wave’s limited functionality.

Cons

Competitor Cons of Rounded
Xero Rounded lacks advanced features like payroll and inventory tracking, which Xero offers on higher plans ($60–$115 AUD/month), and this limits its suitability for businesses with employees or complex stock needs. Xero’s broader integrations with tools like Gusto provide more flexibility, whereas Rounded focuses narrowly on freelancers. Some users note Xero’s reporting is more robust, and Rounded’s simpler reports may not suffice for detailed financial analysis.
QuickBooks Online Rounded does not support payroll or extensive third-party integrations, which QuickBooks Online provides with over 800 apps, and this makes QuickBooks better for scaling businesses. QuickBooks’ customizable reports and industry-specific features outpace Rounded’s basic reporting, and this can be a drawback for users needing in-depth analytics. Rounded’s focus on freelancers may feel restrictive compared to QuickBooks’ versatility for small to medium businesses.
FreshBooks Rounded’s client management is less robust than FreshBooks’, particularly for businesses with multiple client contacts, and this can complicate invoicing for complex client structures. FreshBooks offers retainers and stronger project management tools, which Rounded lacks, and this may hinder users with ongoing client relationships. FreshBooks’ North American focus still includes broader scalability, whereas Rounded is limited to solo traders.
Zoho Invoice Rounded’s paid plans contrast with Zoho Invoice’s free tier, and this may deter budget-conscious users despite Zoho’s limited features. Zoho Invoice integrates with a wider ecosystem of Zoho apps, which Rounded cannot match, and this restricts Rounded’s functionality for users needing CRM or other tools. Some users find Zoho’s interface sufficient, and Rounded’s simplicity may not justify its cost for all.
Wave Rounded’s subscription cost ($23.95–$29.95 AUD/month) is a disadvantage compared to Wave’s free plan, and this may appeal to users with basic needs despite Wave’s withdrawal from Australia. Wave offers basic reporting and invoicing for free, which Rounded charges for, and this can be a drawback for cost-sensitive freelancers. Wave’s simplicity may suffice for some, whereas Rounded’s features may feel excessive.

Verified Customer Reviews

Capterra Review
Reddit Review
Rachels’s List Review
Trustpilot Review