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Why This Accounting Revolution Runs on Cash Accounting (And Why That’s Exactly What You Want)
In Australia, if your business turns over less than $10 million, you’re allowed to report on a cash basis for GST and income tax.
That’s straight from the ATO:
“Small businesses with an aggregated turnover of less than $10 million can account for GST on a cash basis.”
– ATO reference: Cash vs Accrual Accounting -
What does “cash basis” mean?
- You only count money when it hits your account
- You only claim expenses when you actually pay them
- No guesswork. No timing games. No reconciling invoices you haven’t been paid for
It’s how most tradies, freelancers, and small businesses actually operate. And it’s what the law allows.
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Why This Accounting Revolution Uses It
Most accounting platforms pretend every business is a miniature corporation. That’s why they push accrual-based reporting, inventory, and forecasting tools you’ll never use — and charge you for all of it.
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Not us.
This Accounting Revolution was built to do what matters, legally and cleanly:
✔️ Simple reports
✔️ Clean compliance
✔️ Real-time clarity
✔️ Stress-free BAS and tax
Because we stick to what the law says you can do, we don’t have to bloat our software — and you don’t get stuck paying for features you’ll never touch.
That’s how we deliver an everything-you-need product that’s:
- Affordable
- Smart
- Human-backed
If you outgrow cash accounting one day? No worries. We’ll help you upgrade. But until then, This Accounting Revolution keeps it real — because the truth is, most small businesses don’t need more complexity.
They just need the right numbers. At the right time. For the right price.
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Required Accounting — done for you
This Accounting Revolution handles the monthly grunt work so you don’t have to.
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A secure accounting file — yours and yours alone
We build your file in our AI-powered platform. It’s encrypted, secure, and not shared or templated. Your data. Your business.
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Monthly reports that actually make sense
- Profit & Loss
- Balance Sheet
- The This Accounting Revolution Cash Flow Report (where the money came from + where it vanished to)
- A Business Performance Summary that tracks how you’re really doing
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Quarterly BAS — on time, every time
Prepared and lodged, clean and compliant. We take the ATO heat so you don’t have to.
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Annual tax return + summaries
Tax return prepared and lodged. Subcontractor reports included. End-of-year wrap-ups done.
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Performance reviews that don’t talk down to you
We show you how the business is tracking and where the cash is really moving. If something’s off, you’ll know before it becomes a problem.
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Access to This Accounting Revolution + the Humans
This Accounting Revolution keeps the lights on — but humans have your back. When something gets weird, you can reach out and we’ll be there.
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Help beyond the numbers
Need help with cash flow, ATO stress, growth plans, or something weird in your industry? We’re not just number This Accounting Revolution — we’re problem solvers.