Ready to switch to Hnry from QuickBooks? We’re excited to have you on board.
The good news is the process is so simple, you barely have to think about it (just like your taxes, after you join Hnry). You can also join at any point throughout the financial year. Honestly, there’s no bad news.
To make the switch, all you have to do is:
- Sign up for Hnry (duh) and complete your profile
- Upload your pre-Hnry expenses
- Upload your clients and products/services (optional)
- Get paid (whoo!)
That’s it, that’s literally everything. From there, you’re all set to continue growing your business – without ever thinking about tax again.
Welcome to Hnry. You’re going to love it.
Step 1: Sign up for Hnry, and complete your profile
Signing up to Hnry only takes a few minutes!
First, you’ll need to enter your email address and create a password for your account. Then, we’ll gather a few details about your business. Next, we’ll need to verify your identity. Finally, we’ll pay you a dollar (no, really!) to show you how the service works.
Tell us about your business
To calculate your tax rate accurately, we’ll need to know:
- Your estimated annual earnings (from all sources of income),
- Your work type,
- If you’re GST registered, and
- If you have a student loan.
💡 Note: If you’ve sent invoices using invoicing software prior to joining Hnry, you don’t need these invoices to be loaded into the Hnry system in order to use our service! All we need is your projected earnings for the year.
Confirm your bank account details and TFN
To send your earnings where they need to go, we’ll need the name on your bank account, as well as your bank account number.
💡 Giving us your account name and number won’t give us access to your personal bank account.
Similarly, we’ll need your Tax File Number in order to forward your taxes on to the ATO.
Verify your identity
We trust you, but we still need to know that you are who you say you are!
You’ll need to provide us with proof of your identity. To do this, you can use either:
- AU Passport
- AU Driving License
- Foreign Passport
If you don’t have any of the above, no worries! We also accept these other documents.
Once we’ve verified your ID, our team will contact you to let you know your account is up and running.
Easy!
Earn a dollar
Now you’re all signed up, we’ll even throw in a freebie – a single dollar that we pay to you, so you can see how the service works.
If you click through on the payment, you’ll be able to see the deductions we’ve made on your behalf.
It’s a wee taster of what’s to come – self-employed income without having to do your own calculations and set money aside. Everything that lands in your personal bank account is yours to spend.
Step 2: Upload your pre-Hnry expenses
In order for us to help you maximise your tax savings, we need to be across any business expenses purchased before you join Hnry. You can do this in the Expenses tab of the app, by clicking the “Pre-Hnry Expenses” button when you first visit the page.
From there, all we need is the total amount you’re claiming for each expense category. In QuickBooks, you can usually get these totals from the Reports area – for example, the Profit and Loss report (or a customised Transaction Detail by Account report) should show totals by expense category.
Step 3: Upload your clients and products/services
This step is actually optional – you fully use Hnry without preemptively uploading your clients and products/services.
But if you’re after the smoothest invoicing process possible, this little step could save some serious time down the line!
First, you’ll need to export your clients and products/services out of QuickBooks in separate files. You’ll find your client list under Customer Hub, and your products and services list under Sales & Get Paid – each has an export option to download as a spreadsheet, which you can save as a CSV if needed.
From there, you can download and use our simple CSV template to make sure you have the right formatting.
Upload this CSV file under the “Clients” or “Products/Services” tab, double check everything looks right, and hit “Next”.
And voila! French!
Step 4: Get paid into your Hnry Account
This part’s the real magic.
Make sure you’re paid into your Hnry Account by updating your payment details with your clients, or invoicing through our app. As soon as payment comes through, we’ll calculate and deduct your taxes, levies, and whatnot, and send it to the ATO on your behalf.
Everything else that lands in your personal bank account is yours to spend.
Forget a separate bank account for taxes, forget the surprise massive tax bill – our service has you covered for all that.
That’s it! You’re all set up and ready to go.
Hnry is for sole traders
Hnry is an award-winning app and service that’s designed specifically for the needs of sole traders. And we mean all your needs. If you get stuck during the switching process, you can schedule a call with our team – we’re happy to help!