In business, it all boils down to the numbers. Good bookkeeping records will help you to monitor your business performance, track expenses and manage operations. Plus, accurate records will help you to obtain money from banks or investors.
Bottom line, good financial records are crucial to the future of your small business. Follow these tips to get your numbers in order:
- Start by creating a receipt file. Place in it all of your expense receipts, invoices, bank statements and deposit slips. Label these files to match your monthly or quarterly GST reporting period.
hi every body
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