Why keep good business records
- March 28, 2017
- Posted by: Melbourne Accountant
- Category: Finance & accounting, Small Business Accounting
There are a number of reasons for keeping good records of your business transactions Legal requirement The most important reason for keeping good records is that it’s a legal requirement for you to do so. By law, the Tax Office requires you to keep business records: for five years after they are prepared, obtained or
Why Accurate Accounts Are Important?
- January 15, 2016
- Posted by: admin
- Category: Financial Intelligence, Small Business Accounting
Any Melbourne Accountant will not be able to stress enough the importance of keeping accounts are accurate and up to date so you can draw up ‘true and fair’ annual accounts. Your accounts should be backed up with full and detailed records of all business income and expenditure, such as receipts, invoices and purchase orders,
Need help with your taxes or you seek financial advice? Talk to us. Get in touch with our team of Melbourne Accountants at Nobel Thomas today. We generally reply to queries within 24 hours during weekdays.
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