Record keeping

Dedicated business bank account (DO NOT put personal purchases through business account)
Engage a good accountant
Engage a registered bookkeeper/BAS Agent
Choose accounting software that best suits the needs of your business
Be Organised
Use Apps like Receipt Bank or a similar app for your record keeping.
Go paperless. Storage apps – Dropbox, One Drive, Google Drive etc
Pay bills on time–to keep your business reputation and credit rating.
Set aside funds to pay taxes and employee entitlements.
Conduct regular stocktakes