8 November 2021
You may have received government support to help your business through COVID-19. And these may have called for extra record keeping or calculations (to work out things like reduction in turnover, for JobKeeper for example).
Now more than ever, keeping detailed records for all transactions related to your business’s tax and super affairs can help your business; it's not just an obligation.
Accurate and complete records help you:
You can also consider preparing a cash flow budget; this will provide you with useful financial information to help you plan and manage your business.
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