bookkeeping Document and related business papers is the best way
to manage the tax audit process.
Tax auditors will go
for the low hanging fruits in your business process management
segment of your record keeping, assuming that your files will be
in cabinets, in file folders and storage boxes. Based on
this assumption they will be selecting and requesting copies of
invoices and receipts to support the expense claims in your tax
filings, which in most circumstances this would be a time
consuming task and depending how far back the period covered by
the audit that information may not be easily available.
Here is works. At
the end of each bookkeeping process month, you would include as
part of your month end procedure, the document management
This will be
simply snapping picture images of your invoices and receipt and
click send to upload them to us for file storage in your
In the event of an
audit, you would simply send us the notice that you are being
audited. This will alert us to get all relevant invoices and
receipts with expense amounts $200.00 or more ready in the event
the auditor request this information.
This way, you never
have to take time out from doing what your do best to find and
send requested copies of information to the auditor.
This area of an
audit is the most time consuming and results in auditors being
able to raise the most assessment and cost you the most tax and
Click the app
image below to peruse the Doc manager app
This means never
having to take time our to find and make copies for the auditor,
and never having to do any deep diving to find and submit
business papers requested. The requested information is uploaded
to the auditor with a copy to you for your active audit files.