Below is a list of the business documentation that you need for your business:
- Purchase Requisitions will be used to generate Purchase Orders and includes key information, such as date of requisition, item required and quantity.
- Purchase Order which will contain information such as shipment address, item, quantity, and price.
- Receiving Reports to testify for the receipt of services and items acquired by the company.
- Sales Invoices for customers for services rendered or goods received.
- Cash or Card documents that testify to the disbursement of funds by the company.
You should keep all original documents and must keep any which show that tax has been deducted.