Bookkeeping

What records should a small business keep?

Core documents and habits that support reliable bookkeeping.

Maintain support for income, expenses, assets, liabilities, payroll and tax filings.

Core records

  • Sales invoices and payment records
  • Supplier bills and receipts
  • Bank and credit-card statements
  • Loan and lease agreements
  • Payroll reports

Confirm current CRA retention requirements before disposing of records.