A tax audit can be daunting for any business but even more so for a small and independent retail business. Thanks to thorough record keeping facilities in our Point of Sale software we are able to help retailers to show that they meet record keeping requirements for tracking the collection of GST and recording GST on inwards invoices.
In addition to assistance in using our software properly, we can provide information from our own experiences on preparation for an audit including personal preparation for the feeling of unwanted intrusion.
Automating record keeping provides a solution of consistency. This is vital for small retailers where resources can be limited.
As retailers ourselves who have experienced audits we are experienced to answer questions from retailers and help them prepare their businesses in the event an audit comes their way.