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set up a basic bookkeeping system for your nDIS

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Set up a basic bookkeeping system

It's a legal requirement to keep your business transaction records for a minimum of five years, so it's important you have good record keeping practices. The records you must keep include all documents relating to your income and expenditure.

A strong bookkeeping system can help you keep accurate records for a range of purposes. Use it to:

  • analyse business activities
  • attract investors
  • seek finance
  • lodge and pay tax
  • meet your reporting requirements.

It can be difficult to set up your own system without a bookkeeping background. We are here to help you get your bookkeeping on track so you can focus on living your life.

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Author: Adarsh Dutt

Co-Founder. Strategic Business Accountant

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Jun 24 2019

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