It is a good idea to establish office routines which helps you organise your many administrative activities and documents.
On start-up you must purchase a suitable number of ring binders for filing of your vouchers. Index dividers also facilitate clarity. Sheet protectors, etc. are no good.
Generally, you need to file your documents according to the below system:
The list is not exhaustive. Depending on which activities your business
carries out you may need additional files. However, the above list constitutes
the basic needs of most companies.
It is not imperative to have a ring binder for each of the above. Many such documents can easily be filed in the same ring binder, as long as they are separated by index dividers.
- Go to next business issue: Daily Routines