Deadlines

USExtended Form 1120 and Form 5472 returns – Oct 15
IndiaGSTR-3B and GST payment for monthly filers – Oct 20
AustraliaQuarterly BAS lodgement and payment – Oct 28
IndiaLLP statement of account and solvency (Form 8) – Oct 30
AustraliaIndividual tax return for self-lodgers – Oct 31
UKPaper Self Assessment return – Oct 31
IndiaIncome tax return for companies and audit cases – Oct 31
IndiaQuarterly TDS return (Form 24Q / 26Q) – Oct 31
IndiaTDS/TCS deposit for the previous month – Nov 7
IndiaGSTR-1 for monthly GST filers – Nov 11

USExtended Form 1120 and Form 5472 returns – Oct 15
IndiaGSTR-3B and GST payment for monthly filers – Oct 20
AustraliaQuarterly BAS lodgement and payment – Oct 28
IndiaLLP statement of account and solvency (Form 8) – Oct 30
AustraliaIndividual tax return for self-lodgers – Oct 31
UKPaper Self Assessment return – Oct 31
IndiaIncome tax return for companies and audit cases – Oct 31
IndiaQuarterly TDS return (Form 24Q / 26Q) – Oct 31
IndiaTDS/TCS deposit for the previous month – Nov 7
IndiaGSTR-1 for monthly GST filers – Nov 11

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business

Bookkeeping for Small Business

By BookMyLLC ExpertMarch 2, 20267 min read

Bookkeeping Basics for Small Business Owners

Proper bookkeeping keeps your LLC compliant and helps you make informed business decisions.

Essential Bookkeeping Practices

Separate personal and business accounts. Track all income and expenses. Categorize transactions properly. Reconcile bank statements monthly. Keep receipts and invoices organized. Use accounting software (QuickBooks, Xero, Wave).

When to Hire a Professional

If your LLC has multiple members, complex transactions, inventory, or if you're spending more than 5 hours per week on bookkeeping, consider hiring a professional.

Bookkeeping Basics for Small Business Owners

Essential Bookkeeping Practices

When to Hire a Professional

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