Posts Tagged "business templates"

ATO Templates To Help You With Your Records

Posted by on Jun 25, 2014 in Blog

ATO Templates To Help You With Your Records

Tax time is looming and there’s a good chance you’re experiencing a mild dose of overwhelm, and possibly some avoidance? It’s easy when you’re running a business, to put aside those tasks that aren’t urgent, that you don’t completely understand or that you just really, really don’t like doing. Don’t worry, not many people enjoy the bookkeeping side of their business, especially when there are more fun and more urgent things to do. However, keeping your finances in some sort of check is essential to ensure the success of your business, not just in understanding your income and expenses, but also having a grasp on your cashflow so you can budget appropriately and not waste funds. It also saves you a heap of time and money when tax time rolls around. Keeping good records of your income, expenditure, stock and other business related finances keeps your mind at ease and makes dealing with the ATO far more stressful than it needs to be. If you’re outsourcing your bookkeeping, accounting and lodging of tax returns, good record keeping will enable your bookkeeper or accountant to do their job with little stress, and reduce the number of times they need to...

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