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EthanATO(Community Support)Community Support
1 July 2021

Hi @sidilmas,

As an individual, all income is accounted for on a cash basis. This means your employment income would be accounted for under this method. As for your sole trader business, you're free to choose which accounting method you would like to use. This does not need to match the cash method used for employment income.

You can read more about these accounting methods on our website.

Hope this helps.

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