Page 12 - Strive "Records Management"
P. 12

5




                         FUNCTIONS OF BUSINESS
                         Record














                                                                          2 . I D E N T I F Y
                           1 . V I E W

                      B U S I N E S S                                         S O U R C E S
                                                                                      O F
                     P R O G R E S S                                          R E C E I P T


                     by keeping a
                                                                          you need this
                      records of                                        information to

                income,you can                                        separate business

             view the business's                                   from your personal

               financial health                                    receipt and taxable

                        overtime.                                    from non taxable

                                                                                 income








                     3 . P R E P A R E                                      4 . P R E P A R E

                              T A X                                        F I N A N C I A L


                        R E T U R N                                       S T A T E M E N T

              these record must                                       these statements
             support the income                                         can help you in

                    and expenses.                                    dealing with your

                generally,this is                                    bank or creditors
                the same records                                  and help you manage

                  that you use to                                         your business
               prepare financial

                        statement
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