Sole trader tips and tricks: Come swap notes!
Even with all the world’s knowledge at our fingertips, sometimes what we need is some good advice from a real human! Being a successful sole trader takes more than just balancing your books (though that is super important). It’s the people, the plans, the learning, the juggling, and all the things you never knew you’d need to think about. It all plays a part in helping you and your business thrive! We in the Community Team might be able to give you great pointers on how to get the most out of Solo, but when it comes to living life as a sole trader, we all know that you guys are the real experts 😉 So, we want to hear from you! Because an internet search can help with a lot of things, but it just can’t beat sharing experiences, Solmate to Solmate 💜 If you’re a seasoned sole trader with a plethora of knowledge What are your best "I wish I knew this earlier" tips? What has been the biggest game changer for you while running your business? If you’re a newbie who’s still finding their feet as a sole trader What has been your steepest learning curve? Got any questions for the seasoned sole traders that Google just can’t tackle? Over to you, Solmates: what’s worked, what hasn’t, and what are you still trying to figure out? Tell us in the comments; no question or lesson is too small 🫶Welcome Solmates: Introduce yourself here!
If you’ve just joined Solo (or have just found our community), you’re in the right place. This community is for swapping ideas, and getting unstuck as we build our things: side projects, businesses, careers, whatever the mission is. To kick things off, we’d love if you could drop a quick hello below and tell us a bit about you. No pressure—just enough so we can put a person to a username. Where are you joining from? What are you working on right now? What’s one thing you’d love help with (or can help others with)? And for fun: what’s your go-to focus soundtrack / snack / ritual when digging into the Work-Work? Have a look around, jump into any thread that grabs you, and if you’re not sure where to start—this one’s perfect. We’ll be keeping an eye out and saying hi back. Over to you—say hi 👇 (hot tip: we’ll start a new one of these every few months)Holiday Season Transaction Delays: What Solmates Need to Know
The festive season is full of joy, sunshine… and unfortunately, transaction delays. If you notice slower transaction data or delayed payouts in Solo over Christmas, don’t stress — it’s completely normal this time of year. Here’s what to expect, and why it’s nothing to worry about. 🏦 Banking: Slower Syncing Is Normal Over the Christmas and New Year period, bank data will take longer than usual to appear in Solo. This is because: Banks don’t process data on public holidays (and there are plenty during this period!) Instead of syncing twice a day, Solo will only receive one data sync per day Public holiday timing can add an extra day or two to processing (see point one). What this means for you You might need to wait an extra day or two before a transaction shows up for matching in Solo. Please don’t manually match transactions — your data for smart matches will come through. Duplicate effort = no fun for anyone. 💸 Tap to Pay & Online Payments: Payout Delays During the Christmas shutdown period: Payments will continue to settle 2 business days after the payment was made and settlement will only happen on non-public-holiday weekdays This means it may take anywhere between 3 to 5 business days for the funds to hit your account during this period Example If you take a Tap to Pay payment late on Wednesday, 24 December, your payout likely won’t land until Tuesday or Wednesday the following week — simply because of public holidays and banking downtime. This is normal, expected, and unavoidable, but your funds are safe and will arrive. 💜 We’re Still Here (Somewhat!) If you’re wondering what Solo support looks like over Christmas, we’ve got a full rundown here: 🎄Christmas at Solo: What to Expect | MYOB Community 🎁 Final Word Delays at this time of year happen to every bank, every payment processor, and every financial app — not just Solo. The holidays are not fun if you’re strapped for cash. If you anticipate needing some cash flow during this period, it’s worth planning ahead, so you’re not relying on payments to land instantly. You've got this, Solmate.
