The cash receipts book example below shows the type of information you need to record for business sales. Electronic record-keeping software will require you to input similar information.
You can have as many columns or categories for different income types as you want.
Monthly, quarterly or yearly totals will help you complete your activity statements and tax returns.
In the example below, My business is registered for GST and reports and pays any GST amounts collected on their business activity statement. Businesses not registered for GST cannot collect GST and do not have to separately identify any GST amounts.
We have a sample of a cash receipts book, with example transactions recorded. Cash books like these are available from stationery suppliers. If you choose an electronic system, you will need to record the same type of information in it.