Business Filing System Template

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.

Business filing system template.

Business filing system template creating your office document system. Creating an operations manual is an onerous task. Here i focus on how to use a digital or online system to store all documents relating to the bookkeeping of a business. Filing receipts and invoices properly is one of the most important things a small business needs to do.

The system for saving onto your computer s hard drive or saving to an online storage facility are the same the only thing different is the location. Digital online filing system. Payroll and employee information. Keep the two types of information separate in your business filing system.

Forms used in the business. Receipts and invoices. Bank statements cancelled checks bank reconciliations notices from and to your bank deposit slips and any loan related notices and documents. File documents relating to these different types of tax into their own tax sections within the business filing system.

However there is so much information available today it makes it a lot easier than it used to be. Standard forms that you use in the business such as purchase orders sales agreements offer letters to new employees and employment applications. A business will have different types of tax to take care of the main ones being payroll tax sales tax and income tax. The prospect of starting organizing or cleaning up an office filing system has the power to make even the bravest among us hide behind a list of other more important to dos you don t have to hide anymore.