Day to Day Accounting Tips to Ease Your Workload
Paul Martin • October 4, 2015
accounting
Auckland accountants
Keep separate records
Keep all receipts
List daily expenses and income . It is a good practice to detail sales and expenses daily. It will help you and your accountant to track your business performance and ensure the end of month or end of year reporting can be completed on time.
For assistance with your daily accounting and bookkeeping please don't hesitate to contact us and we'll advise based on your particular situation.
If you had to pay tax of more than $5,000 in your last income tax return, you may have to pay provisional tax for the following year. Provisional tax is like making progress payments on next year's income tax.
This time of year can be hard on small business. Your expenses continue and your cashflow can suffer when your debtors go on holiday.
Inflation may be down but there’s still real uncertainty for business owners.
