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  • Record Keeping In Business


    THE LAW REQUIRES GOOD RECORD KEEPING



    Why keep financial records?

    Prevents you from being fined by local authorities
    Show a potential investor that you know your numbers
    Accurate information facilitates better decision and business growth

    How long?

    Find out what the law says In your country
    Try keep records for a period of 6-7years 

    What records do I keep?

    Receipts for expenses or cash purchases
    Purchase Invoices
    Sales Invoices
    Bank Statements
    Pay-in books
    Cheque book stubs
    Copies of VAT returns
    All salary payment made
    And loads more - research; ask the expert!

    Who can help?

    Accountant
    Bookkeeper

    Available Tools
    Accounting software;Sage, Quick-books etc

    It's so important we trade in a compliant manner.
    Be transparent in your business dealings.
    I would like to know what the law requires in your locality.
    Are you struggling with keeping financial record? Let's chat

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