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COMMITTEEOFTHEWHOLEAGENDA
Tuesday,January22,2019,6:00pm
Council Chambers
MunicipalAdministrationBuilding
285BeechHillRoad
Beech Hill,NSB2G0B41. CalltoOrderChairman,WardenOwenMcCarron2. ApprovalofAgenda3.
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What is my go-to business books?
Your go-to business books are typically essential financial records that help you track your income, expenses, assets, and liabilities. Examples include ledgers, journals, and accounting software.
Who is required to file my go-to business books?
Generally, business owners, self-employed individuals, and any entity that generates taxable income are required to maintain and file their business books.
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To fill out your business books, ensure you keep accurate records of all financial transactions, categorize each entry, and keep supporting documentation such as receipts and invoices.
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The purpose of your business books is to provide a systematic record of financial transactions, which helps in financial reporting, tax preparation, and business analysis.
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You must report income, expenses, assets, liabilities, and any other financial transactions relevant to your business operations.
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