Business Filing System Categories

Filing receipts and invoices properly is one of the most important things a small business needs to do.

Business filing system categories.

This type of filing system can handle large amounts of data. These are just a guideline to help you with your home filing system. Organize them alphabetically but keep the id file with your birth certificate passport social security cards and anything else you use often at the front of the file box. Some may be in their own filing system some on your computer etc.

If your business is ever subject to an audit and you are unable to produce the required documents in. Here are the suggested home file categories to consider making files for. And lastly not all of these filing categories need to be in a hanging file folder in a filing cabinet. Academic car employment financial health id insurance and real estate.

It also helps the business to function smoothly and efficiently. Optional categories manufacturing production control raw materials shipping engineering blueprints drawings formulas industrial engineering projects page 3. Your personal filing system should include the following categories. The following table suggests essential file drawers to label in an actual file cabinet or two and what must keep information to file in each.

Digital filing systems automate the finding files aspect of your office filing system. In duplex numeric filing systems files are given numeric labels with several sets of numbers involved. A business will have different types of tax to take care of the main ones being payroll tax sales tax and income tax. A nonexistent or messy filing system can add days of extra effort at income tax time as you don t want to miss out on tax deductions because of missing receipts.

This list is designed for the typical types of paperwork many households have but it is meant for personal paperwork and not business paperwork. Do what works best for you saves space and is convenient and a system that you will actually. A filing system allows a business to keep track of important documents and find them quickly. However you need to use this as a guide since your filing system will be unique to your family.

Payroll and employee information. Dealing with the paperwork is a large part of running a small business. Keep the two types of information separate in your business filing system. File documents relating to these different types of tax into their own tax sections within the business filing system.

Business filing system compliments of handygirl personal files auto correspondence church family children education school records friends home property mortgage home improvements. The different sets of numbers can correspond to major categories and sub categories paralleling the encyclopedia system of filing and classification. Receipts and invoices.