Category: Others

Being ambitious in the present business environment indicates developing the way you work and employing talents considering that. Accounting and bookkeeping firms always complain that they can’t find and keep a decent staff.  While the need for talented bookkeepers is occurring more than ever, the number of acceptable candidates is consistently decreasing. While senior bookkeepers […]

Record Type Examples Retention Period Income Records Invoices, receipts, sales records 5 years Expense Records Purchase invoices, petty cash vouchers 5 years Banking Records Bank statements, cheque stubs 5 years minimum GST Records BAS returns, purchase/sales ledgers 5 years Employee records Employment record keeping involves maintaining detailed staff information: Statutory records Limited companies must maintain […]