Business Income Tracking Tool

As a freelancer, keeping track of your income REALLY matters!

Not only do you need to make sure that you are invoicing clients, but also that you are investing in yourself and your business!

Keeping track of how much of your revenue you need to put aside to be able to pay superannuation, tax and operating expenses is vital to ensuring that you are building a viable and sustainable business - for the long haul!

Lucky for you, Thrive has done all of the hard work in putting together the perfect resource to help you, with our Business Income Tracking Tool.

IMG - Business Income Tracking Tool example

This handy Microsoft Excel workbook helps you to break down your income to help see the amounts you need to allocate for superannuation, tax, and towards your business expenses at both an individual invoice level, and as running totals for the month and financial year!

With built-in formulas (based on general recommended percentages) this tracking tool makes it easy for you to transfer and manage your business finance commitments, in a way that ensures you are investing in yourself from the start!

The Thrive Business Income Tracking Tool includes:
  • Invoice breakdown summary that allows for PAYG, superannuation, operational (business) expenses, and a 'salary'
  • Pre-filled formulas to meet standard practice, which are completely editable to suit your personal preferences/requirements!
  • BONUS superannuation tracking sheet so you can see all of your contributions for the year in one place (handy for your accountant!)
  • BONUS mileage sheet, so you can list any vehicle use for your business (again, your accountant will love this!)

"But I don't know how to do complex formulas in Microsoft Excel!"

Don't worry - we've done them for you 😊

You can access our step by step video tutorial (the link is sent to you by email), to see exactly how to customise the elements to suit your specific needs!

"What if I'm not registered for GST?"

There are two workbook options available - one for those who are registered, and one for those who are not! The formulas in each workbook are different, to allow for GST allocations. 

Simply select the right option for you from the buttons below, and it will land in your inbox ready to go! 


Your Business Income Tracking Tool includes:

Clear Instructions

Step by step video tutorial so you can customise elements to suit your situation

Inbuilt Formulas

We've done the setup, so all you need to do is save it down and start using it!

Invoice Allocations

Enter the invoice details to have the tracker instantly split it out into tax and expense

Financial Year Tracking

Monitor revenue month by month, and across the year, all in one place!

Who this resource is for

This resource is ideal for:

Freelancers and small business owners, who want to be able to manage their business revenue, and track the amounts they need to allocate for tax and operating obligations in their business. This includes:

  • Virtual Assistants
  • Online Business Managers
  • Graphic Designers
  • Web Designers
  • Social Media Managers
  • Bookkeepers
  • Copywriters
  • Consultants
  • Coaches
  • Professional Services business owners
  • Transcriptionists
Especially if:

You don't already have accounting software or a bookkeeper handling this for you, and you would like to be able to put money aside into other accounts to meet your obligations (without the hassle of having to create a system from scratch!). 

Are you ready to invest in yourself and your business? Set yourself up for success!

Take control of your business finances, and manage your revenue, thanks to Thrive and Microsoft Excel.