Course overview

Did you know that successful businesses keep good records and use technology to run their business? Good record keeping helps you know the state of your business at any time which helps you manage your business successfully. You’re also legally required to keep records of all transactions relating to your tax and super affairs while you’re running a business.

Steps Progress

Record keeping overview

10 mins

Tasks and tips

6 mins

Starting your business records

2 mins

Digital record keeping

5 mins

Manual or paper record keeping

2 mins

Banking records

2 mins

Income records

3 mins

Accounting for private use of assets

9 mins

Motor vehicle deductions records

2 mins

Home-based business deductions records

1 mins

Other deductions records

1 mins

Stock and asset records

5 mins

GST records

1 mins

Employee records

7 mins

Car fringe benefits records

1 mins

Expense payment FBT records

2 mins

Contractor records

2 mins

Sharing economy records

1 mins

Cryptocurrency records

1 mins

Records for other taxes

5 mins

Sole trader structure records

4 mins

Partnership structure records

3 mins

Company structure records

3 mins

Trust structure records

1 mins

Changing your business structure records

1 mins

Selling or closing your business records

2 mins

Related courses

1 mins

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