Small Business Filing System Template

Dealing with the paperwork is a large part of running a small business.

Small business filing system template.

Organizing paperwork household organization paper organization organising organizing ideas filing cabinet organization scrapbook organization office filing system planners. Remember to include whether or not the file will be on your computer system an in house server in the cloud or filed in a physical location such as a filing cabinet. File documents relating to these different types of tax into their own tax sections within the business filing system. 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.

If your business is ever subject to an audit and you are unable to produce the required documents in. Payroll and employee information. An entry in your file locations list might be. 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.

Filing receipts and invoices properly is one of the most important things a small business needs to do. Receipts and invoices. A business will have different types of tax to take care of the main ones being payroll tax sales tax and income tax. Record keeping for a small business participant guide money smart for a small business curriculum page 2 of 18 table of contents.

Whether simple or complex a record keeping system must be easy to use and provide adequate storage and. Record keeping ranges from simple manila folder filing systems to complex on line electronic systems. Great filing system template.