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G’day, financial trailblazers! Keeping accurate financial records is not just an ATO requirement—it’s your ticket to understanding your business inside out. Our bookkeeping worksheet serves as a comprehensive guide to track your income, expenses, and other crucial financial metrics. Feel free to adapt it to suit your business needs!
📋 Bookkeeping Worksheet for the Financial Year [Year]
Income Tracking
| Date | Invoice # | Customer | Description | Amount | GST |
|---|---|---|---|---|---|
| 01/07/2023 | INV001 | Client A | Web design | $2,000 | $200 |
| 05/07/2023 | INV002 | Client B | SEO services | $1,500 | $150 |
Expense Tracking
| Date | Receipt # | Supplier | Description | Amount | GST | Category |
|---|---|---|---|---|---|---|
| 02/07/2023 | REC001 | Vendor A | Office Supplies | $200 | $20 | Office Expenses |
| 04/07/2023 | REC002 | Vendor B | Software License | $300 | $30 | IT Expenses |
Asset & Depreciation Tracking
| Date | Asset | Cost | Depreciation Rate | Depreciated Value |
|---|---|---|---|---|
| 01/07/2023 | Laptop | $1,500 | 20% | $300 |
| 15/07/2023 | Office Chair | $200 | 15% | $30 |
Debt & Liability Tracking
| Date | Creditor | Original Amount | Payment | Remaining Balance |
|---|---|---|---|---|
| 02/07/2023 | Bank Loan | $10,000 | $1,000 | $9,000 |
| 05/07/2023 | Credit Card | $2,000 | $500 | $1,500 |
Employee Salary & Superannuation
| Date | Employee | Gross Salary | Tax Withheld | Superannuation |
|---|---|---|---|---|
| 07/07/2023 | Employee A | $4,000 | $800 | $380 |
| 14/07/2023 | Employee B | $3,500 | $700 | $332.5 |
Pro Tip: Consistent bookkeeping will not only make tax time a breeze but also give you crucial insights into your business health.
Need More Guidance? We’re Here to Help!
Dial us at (08) 9258 8137 or email admin@universaltaxation.com.au for expert bookkeeping advice tailored to your business.
Keep those numbers in check, and here’s to your financial success! 📊👏
Taral Khandheriya
Taral Khandheriya is a Certified Practising Accountant (CPA) and author at Universal Taxation, who specializes in tax preparation, small/micro business accounting, business services, bookkeeping, business broking, etc. He is well versed in implementing new business strategies that enhance business processes and improves profitability. In his spare time, he reads books on finance, investment tips, and business development strategies.
