Both AI2Fin and Rounded are built for Australian sole traders, but they take different approaches. Rounded leads with invoicing and time tracking; AI2Fin leads with automatic expense intelligence — reading your bank feed, surfacing deductions, and connecting to ChatGPT and Claude so you can ask questions in plain language.
Not better in every way for every user — but meaningfully different where it counts.
Rounded keeps invoices and expenses tidy and waits for you to look. Fin writes a short read of what actually changed — the first one covering your whole history rather than an empty week — so the month does not depend on you remembering to check it.
Every transaction is scanned for claimable expenses as it arrives — tools, subscriptions, home office, vehicle — so nothing slips through to EOFY.
Ask ChatGPT or Claude questions about your real finances through the AI2Fin MCP integration — a unique capability no invoicing-first tool offers.
Spending patterns, category trends, and cash-flow signals surface automatically — not just when you run a report.
Log expenses and check insights directly from Telegram — arriving soon, ideal when you are on site or between jobs.
AI2Fin also ships as a desktop app for Windows, macOS and Linux. Your database and receipts live in a folder you own and can open, the free plan needs no account, and the app keeps a record of every outbound request it makes — where it went and how much, never what the rows said.
On the desktop app you can bring your own Anthropic, OpenAI or Bedrock key, or point Fin at a model already running on your computer (Ollama, LM Studio). Requests go straight from your machine to your provider — or never leave it at all — and AI2Fin’s servers are not in the path.
Pricing snapshot: Rounded runs $23.95–$29.95 AUD/month after a 14-day trial, with bank feeds and automatic categorisation on its Pro tier; AI2Fin starts free with live bank feeds from your own provider account, with automatic categorisation on Premium (US$23/month).
Based on publicly available information. Competitor features and pricing may change — verify directly.
Both are good tools — the right pick depends on what your business needs most.
AI2Fin is free to start. Premium is US$23 a month (US$222 a year), ELITE+ is US$42 a month (US$432 a year) and AUTO+ is US$54 a month (US$555 a year), billed in US dollars.
Hover, tap or tab to any underlined feature to learn more.
For getting every record in one place, at no cost.
Included
For employees and sole traders who want every deduction found and the busywork done.
Everything in Free, plus
For businesses and accountants who lodge, report and keep the books.
Everything in Premium, plus
For owners who want receipts and reports to arrive on their own.
Everything in ELITE+, plus
Swipe to see every plan
| Feature | FREEUS$0 | PREMIUMUS$23 / month | ELITE+US$42 / month | AUTO+US$54 / month |
|---|---|---|---|---|
| Capture | ||||
| Statement uploads into bucketsCSV, Excel or PDF. On the free desktop app, statements come in through the CSV import instead | Included | Included | Included | Included |
| Live feeds from your own sheet or bank-feed accountA Google Sheet, or a provider account you hold such as SimpleFIN or BankSync | Included | Included | Included | Included |
| Photo and PDF receipts, read and matchedRead in the language they are printed in | Not included | Included | Included | Included |
| Forward receipts by email | Not included | Not included | Not included | Included |
| Organise | ||||
| Transactions, categories and bills in one placeIncluding recurring payments | Included | Included | Included | Included |
| Budgets against what you actually spent | Included | Included | Included | Included |
| Travel and vehicle trips | Included | Included | Included | Included |
| Properties: what each one really costsRented, business and private parts | Included | Included | Included | Included |
| Automatic categories | Not included | Included | Included | Included |
| Your own categorising rules | Not included | Included | Included | Included |
| Spending and bills analytics | Not included | Included | Included | Included |
| Views by project, client or tax purposeCalled Lenses in the app; the Properties lens is built in on every plan | Not included | Not included | Included | Included |
| Tax | ||||
| Tax analysis that knows your situation | Not included | Included | Included | Included |
| Tax exports, including ATO myDeductions | Not included | Included | Included | Included |
| Tax reports and summaries | Not included | Not included | Included | Included |
| BAS, VAT and GST statements | Not included | Not included | Included | Included |
| Asset register, depreciation, profit & loss and TPAR | Not included | Not included | Included | Included |
| Property write-offs and scheduleDepreciation, capital works, a schedule for your accountant | Not included | Not included | Included | Included |
| Automate | ||||
| Ask Fin about your money | 25 messages a month | Unlimited | Unlimited | Unlimited |
| Fin reads the files you upload | Not included | Included | Included | Included |
| Fin, your assistant, with its own workspace | Not included | Not included | Included | Included |
| Your week in review, on the dashboard | Included | Included | Included | Included |
| Signed webhooks for Zapier, Make and n8n | Not included | Not included | Not included | Included |
| Reports emailed on the schedule you set | Not included | Not included | Not included | Included |
| Share | ||||
| Push to Google Sheets, Excel, Notion or AirtableBank-feed data stays out of every push | Not included | Not included | Included | Included |
| Send transactions to Xero or QuickBooks OnlineCoded, with the receipt attached | Not included | Not included | Included | Included |
| Practice workspace for accountantsYour clients can be on any plan | Not included | Not included | Included | Included |
| Connect Claude or ChatGPT, read-only by defaultWhat they can read follows your plan | Included | Included | Included | Included |
| Desktop app, with your data on your machine | Included | Included | Included | Included |
Enterprise-grade data control is the default here — on every plan.
Your records can stay on your own machine or in your own cloud, telemetry stays off unless you turn it on, and Fin keeps an auditable record of everything it sends. Enterprise adds the people and the paperwork: dedicated support, custom deployment and reviews for large-scale operations.
Verify it yourselfRounded focuses on invoicing, quotes and time tracking for sole traders, with bank feeds and automatic categorisation on its Pro tier. AI2Fin focuses on automatic expense intelligence — reading your bank feed on any plan, categorising it automatically on Premium, surfacing deductions, and connecting your finances to ChatGPT and Claude. If invoicing is your priority today, Rounded may suit you; if automatic categorisation and tax-deduction surfacing matter most, AI2Fin is designed for that. AI2Fin helps you find and organise potential deductions; always confirm eligibility with your accountant or tax authority.
Yes. AI2Fin tracks GST on your transactions and helps you organise the figures you need for your BAS. Both tools support Australian tax requirements. AI2Fin helps you find and organise potential deductions; always confirm eligibility with your accountant or tax authority.
Yes. You can import your bank statements via CSV and AI2Fin will categorise them automatically. There is a free plan to start with, so you can try it alongside your current setup.
Yes. The free plan runs alongside Rounded with no time limit, so you can compare what each surfaces from the same bank feed before moving anything.
Rounded is a hosted web app, so your books live on its servers. AI2Fin runs as a hosted service too, and also ships as a desktop app for Windows, macOS and Linux where your database and receipts are files in a folder you own — you can open it, copy it and back it up, and the free plan needs no account. The desktop app lists every outbound request it makes, with a switch for each connection, and if you bring your own provider key or run a local model, nothing of yours has to reach AI2Fin’s servers at all.
The parts of AI2Fin behind the comparison above — what each one does for you, and how it reaches the answer.
Ten real transactions walked through the categorisation chain, so you can see why each one landed where it did rather than take it on trust.
Tax treatment & activity statementGST and tax treatment worked out line by line as transactions arrive, and the activity-statement view that follows from them.
Budget allocationsBudgeting that looks forward rather than back — set a limit per category and see what is left before you spend it.
AU sole-trader banking + done-for-you tax (now part of Tyro)
vs XeroFull accounting suite for small businesses and their accountants
vs QuickBooksGlobal small-business accounting from Intuit
vs MYOBAU small-business accounting suite
vs ATO myDeductionsFree deduction & trip log built into the ATO app
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