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.