Setting Up Your Expense Tracking for the New Financial Year
In short: Set up your expense tracking when the Australian financial year starts on 1 July. Review what broke down last year, use categories that match your tax return and BAS, scan every receipt the moment you get it, open a dedicated business bank account, and set reminders for BAS deadlines (if you're registered for GST) and for 31 October if you lodge your own return.
Read More