Category: Others

Being ambitious in 2025 means evolving your approach to work and talent. Many accounting and bookkeeping firms struggle to find and keep skilled staff as industry demands grow but qualified candidates decline. Experienced bookkeepers frequently retire, while graduates move to other industries and accountants in Brisbane report this trend. The sector is often seen as dull and low-paid, with […]

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 […]