Record keeping
Small business record keeping checklist
Keep practical records for income, expenses, invoices, payroll, tax, insurance, contracts, and recurring obligations.
Setup
Decisions to document
- Write down the business activity, owner details, trading name, expected revenue, start date, locations, and whether the work involves regulated licences or professional advice.
- Keep ABN, GST, business name, domain, email, bank account, insurance, software, and record-keeping decisions in one launch file.
- Check which assumptions should be confirmed with an accountant, lawyer, insurer, or government source before acting.
Next step
Turn the records plan into an operating checklist
- Assign each item to a person, date, system, or renewal reminder so it does not stay as a one-off setup note.
- Link invoices, certificates, policies, contracts, login details, and renewal dates to the same business admin workflow.
- Review the setup after the first invoice, first customer, first contractor, and first tax period.
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