Good record keeping helps you keep track of
It also helps provide a snapshot of your current situation to help with your business decisions and planning, which is why it’s important to do it properly.
Consider your record keeping practices, do you:
Good record keeping practices will make it easier for you, and your registered agent if you use one, when it’s time to lodge.
If you’re having difficulty with your cash flow, you can prepare a cash flow projection to help you plan and manage. You can also talk to a registered tax professional who can work through our cash flow coaching kit with you.
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