An accurate record keeping is essential for small businesses. Maintaining good record will help you manage your cash flow and you can make business decisions based on that. It is your responsibility by law to keep clear records in your business. We offer monthly packages for eligible businesses at a very compititive price.
There are number of reasons why you should keep good records, here are some of them;
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This is legal requirement and you must keep for at least five years and may be longer if your business made loss in first few years. Poor recordkeeping is one of the reasons for the failure of small business.
If you check carefully, you find that most bookkeepers in Melbourne don’t have insurance and required licenses that your business needs to make sure you are receiving the best services. Well, at S&H Tax Accountants, we offer the best bookkeeping service Melbourne through licensed and experienced bookkeeping experts. We are licensed by the Tax Practitioners Board, and we also have insurance. On the other hand, we can assure you that all our staff are highly qualified experts and are also proficient in different types of advanced bookkeeping and accounting software. That means your search for a reliable bookkeeper Cranbourne ends at S&H Tax Accountants.
S&H Tax Accountants has a primary aim to offer you the opportunities to run your business at its maximum potential. While offering the best Small Business Bookkeeper Melbourne, we can also provide your staff with accounting training. We also help businesses to effectively customize their software to meet their unique accounting requirements. For more information or to hire a professional Tax accountant Berwick, you can get in touch with us through chat or give us a call.
S&H Tax Accountants utilize the best and most advanced technologies to offer Bookkeeping Service Melbourne that will make the process as lean as possible for the clients. We offer the latest cloud-based accounting software that will allow your business finance to be effectively managed in a streamlined manner. This way, you can keep all the data updated. No matter what you require, you can trust S&H Tax Accountants for the best solutions.
What business records you need to keep?
Income records: You must record all the income from your business sale including cash sales. For example Sales invoices, Cash register tape etc.
Expenses records: You must record all the expenses for your business. If any expense that is not 100% for the business you must apportion it. Keep receipts, tax invoices, dairy records etc.
Bank account records: Documents you receive from bank for example bank statements, loan statement and deposit books.
Year-end records: You must record your debtors and creditors and maintain asset register if you bought one during the year.
GST records: All of the above will help you meet tax obligation including preparations of Business Activity Statement. You can hire Tax agent/BAS agent to do this job for your business.
We at S & H Tax Accountants Cranbourne can help you keep proper records for your business. We provide Accounting and Bookkeeping service in Melbourne Lyndhurst, Lynbrook, Hallam, Berwick, Officer, Skye, Carrum Downs, Pakenham, and Pearcedale. We also offer packages to our small business clients to maintain record keeping and tax obligation.
So, what are you waiting for? Contact us now and hire the best Bookkeeper Cranbourne now for better bookkeeping.
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