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Accounting System
The tools and processes a business uses to record, organize, and report financial data. It can be manual or digital, but it must support accurate bookkeeping, compliance, and decision-making. Good systems help track income, expenses, assets, and liabilities in real time.
More Items
Annual GST Return (BAS)
The periodic Business Activity Statement Australian businesses lodge to report GST and other tax obligations.
ATO (Australian Taxation Office)
Australia's federal revenue collection agency, responsible for tax administration and compliance.
ABN (Australian Business Number)
A unique 11-digit identifier businesses use for tax and invoicing purposes in Australia.
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