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MAINTAINING UP – TO – DATE REPORTING SYSTEMS:


A simple annual health check of your business systems can help you keep control and save time and money.

Your business is at risk of making costly errors if the systems are not set up properly or checked regularly.

Properly set up business systems will help you avoid some common pitfalls associated with incorrectly reporting and classifying GST transactions.

The checklist includes the following questions:

  • Do you have systems and procedures in place?

  • Do you have control over your internal environment?

  • Do your staff receive training and support?

  • Do you conduct regular reviews?

  • Are your systems secure?

  • Do you have well established relationships when you need advice?


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