Know your ecommerce numbers. Grow your brand.

Get clear on your profitability, stay compliant, and scale your online store with proactive accounting built for ecommerce businesses.

Matt Byrne

What we do.

We offer more than just number-crunching.

We provide the financial systems, insights, and proactive support needed by $500k – $20m ecommerce businesses to grow.

Bookkeeping

Accurate, up-to-date bookkeeping built for ecommerce brands using platforms like Shopify and Xero.

We take bookkeeping off your plate, saving you time, reducing errors, and giving you back the headspace to focus on sales and growth — not spreadsheets and reconciliations.

Tax

Stay compliant without the stress. We proactively manage your GST, BAS, and income tax obligations, so you always know exactly where you stand.

No last-minute panics, no nasty surprises — just clear, timely lodgments that protect your business, keep you compliant, and give you peace of mind.

Advisory

Make better business decisions with real financial insights. We help you understand your true profitability, track the metrics that matter, and plan for smarter, sustainable growth.

Whether you’re scaling up or refining operations, our advice keeps you moving forward with clarity and confidence.

Take control of your ecommerce business.

Growing an online business is tough enough without second-guessing your numbers, falling behind on bookkeeping, or stressing about tax obligations.

At Day One Advisory, we help Australian ecommerce brands stay financially healthy, profitable, and fully compliant — with proactive bookkeeping, tax, and advisory services built for the way you do business.

What our clients are saying.

Before these guys, we were stuck with accountants who didn’t fully understand the complexities of our industry, gave incorrect advice, the processes were always harder then they needed to be and it always felt like we were treading water.

We’re now confident in our financial processes and have a clear picture of where we stand—something we never had before. 

The Night Owl

Day One Advisory is really good at what they do. With them on the team it is much easier to see the business’ financial health and have foresight. They set up our Xero account with the correct app stack and flows. They now do our books on a weekly basis, create budgets and set financial goals for the year. It’s like having a personal trainer for the financial health of your business. I highly recommend Day One Advisory to any body looking for great accountants especially in Ecommerce.

Blisstil

I’ve been with Day One Advisory since mid 2022. Matt has helped to educate me on Xero as well as the financial obligations of the e-commerce space. I’m quite happy with my experience so far and would definitely recommend him as an excellent accountant and financial advisor.

The Furry Nomad

Clear numbers. More time. Real profitability. No surprises.

We don’t just keep your accounts up to date — we give you back the time and headspace to focus on what really matters: growing your sales.

When it comes to tax, we remove the uncertainty by proactively managing the process — so you know exactly where you stand, well before deadlines hit.

Most importantly, we help you understand your true profitability — giving you the insights you need to make smarter decisions and scale with confidence.

With deep expertise in Xero, Shopify, and the ecommerce ecosystem, we understand the unique challenges you face — and how to turn your financials into a foundation for growth.

Why Choose Day One Advisory?

  • Fixed pricing with no hidden fees.

  • Proactive communication — we drive the process, so you don’t have to chase us.

  • Specialists in ecommerce businesses like yours.

Free resources.

The Discount Dilemma: A Profit Margin Calculator

Strike the perfect balance between attracting customers and keeping your margins strong.

Ecommerce Ad Budget & Profitability Calculator

Know your numbers and find the sweet spot between ad spend and profit.

The Best Chart of Accounts Setup for Ecommerce Businesses Using Shopify & Xero

The Best Chart of Accounts Setup for Ecommerce Businesses Using Shopify & Xero

Setting up the right chart of accounts in Xero is essential for any Shopify business that wants clear financial visibility and reliable reporting. In this guide, we break down the best chart of accounts structure for ecommerce — covering sales, merchant fees, inventory, cost of goods sold, and more — so you can make confident decisions, stay compliant, and actually trust your numbers.

Proud sponsors of.

Mums Supporting Families in Need’s (MSFIN) mission is to provide good quality recycled and new goods to families in need, to ensure every child has access to their basic daily needs.   

They operate from Seaford (Matt’s home turf) helping families in the surrounding area. We’re proud to sponsor a charity making a real difference in our local community.