Small Business Filing System Template

Part of small business kit for dummies cheat sheet.

Small business filing system template.

Payroll and employee information. A nonexistent or messy filing system can add days of extra effort at income tax time as you don t want to miss out on tax deductions because of missing receipts. Great filing system template. Record keeping for a small business participant guide money smart for a small business curriculum page 2 of 18 table of contents.

For instance suppose that you use images video or even paper photos in your business. Receipts and invoices. If your business is ever subject to an audit and you are unable to produce the required documents in. The following table suggests essential file drawers to label in an actual file cabinet or two and what must keep information to file in each.

Dealing with the paperwork is a large part of running a small business. File documents relating to these different types of tax into their own tax sections within the business filing system. Record keeping ranges from simple manila folder filing systems to complex on line electronic systems. Whether simple or complex a record keeping system must be easy to use and provide adequate storage and.

Filing receipts and invoices properly is one of the most important things a small business needs to do. A business will have different types of tax to take care of the main ones being payroll tax sales tax and income tax. Organizing paperwork household organization paper organization organising organizing ideas filing cabinet organization scrapbook organization office filing system planners.