Case Study:Helping Artichoke Coffee Shop’s with ATO debt. The ATO is always on your back so ensure you are in your lane with our guidance Overview Artichoke didn’t know what to do after their business kept going down and they found out they owed the ATO a lot of money due to there being no …
Platinum Electrical is a small electrical business that is a franchise specialising in domestic renewable energy systems and solar powered systems. The owner David reached out to Oysterhub to help transition his business to assist with bookkeeping and accounting needs. Our goal was to help them save on lazy accountant tasks so that they can automate certain processes.
Case Study: Cashflow & Finance to Boost Business How we helped grow this small business Overview Constructionware is a trade and construction business that works on major building sites from offices to homes and so on. They’re aim is to do the dirty work and provide you with a place to be able to live …
Case Study:Platinum Electrical’s Road to QuickBooks Online Transitioning your systems to automation will help save you time and live life they way you want to. Overview Platinum Electrical is a small electrical business that is a franchise specialising in domestic renewable energy systems and solar powered systems. The owner David reached out to Oysterhub to …
set up a basic bookkeeping system for your nDIS
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.
Author: Adarsh Dutt
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