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6 Tips to great bookkeeping, by bookkeepers for small businesses in Sydney

Whether you are outsourcing your bookkeeping or trying to manage your accounts on your own, our bookkeepers for small businesses in Sydney have some great tips for you to utilise.

Small business bookkeeping in Sydney can be difficult, so follow these tips:

• Allocate time to each week and devote it to your books
• One of the first things you should do is open a business bank account, so that all business earnings and expenses are separate from your personal accounts
• Get Xero’s accounting software, it will adjust to your business’ needs with a little practice
• Get all your tax obligations right
• Always keep your receipts. Did you know that the ATO requires you to keep them for a minimum of 5 years?
• Or to simply put it, you can hire a small business bookkeeper in Sydney to do it all for you

So now it is up to you to decide if you want to do it on your own, or if you want to seek out our small business bookkeeping services to make your business run smoothly. Feel free to contact us, with ant enquiries you have!