A strong bookkeeping system can help you keep accurate records for a range of purposes. These include analysing business activities, attracting investors, seeking finance, lodging and paying tax as well as meeting your reporting requirements. Under tax law, you’re required to keep records relating to income tax, GST, payments to employees, superannuation, fringe benefits tax, fuel tax credits and business payments.

It can be difficult to set up your own system without a bookkeeping background. So if you need help getting started, contact your us, Once your system is set up the right training, effort and discipline can help you take
control of your finances.