Record keeping - keeping your business paperwork in order

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Introduction for Indigenous small business

Getting started

If you are running a small business, it is important to keep track of your business paperwork. This process is called record keeping, and it is important because it helps you understand the money coming in and going out (cash flow) of your business. Knowing this helps you to make good business decisions, which help to keep your business strong. It will also help you get your taxes right, whether you do them yourself or use a registered tax or BAS agent.

Terms we use

Some technical terms used in this brochure may be new to you. They appear in bold text and are explained in the list of Definitions.


At this symbol you will find important notes which will help you with key information.

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Further information

At this symbol you will also find ‘more information’ boxes which will show further steps you may need to take, or extra information you may need to refer to.

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    Last modified: 08 Jul 2013QC 35621