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Saturday, 26 May 2012

End of Financial Year

The end of the financial year is fast approaching. Start planning for EOFY by speaking to your accountant NOW.

If you don't have your bookwork up-to-date, or if bookkeeping is the last thing on your mind right now, then how can you make an informed decision about your tax liabilities for te financial year?

To preparefor the end of the financial year is not as difficult or as daunting as the task may appear. If you have completed the quarterly BAS then you only have the last quarter to complete.

Consider any changes you would like to make to your business procedures. We can help put those plans into action.

Make sure you have all of your staff's correct details for the payment summaries. Review your Payroll, SGC. Start reviewing inventory, debtors and creditors. Check all pending invoices and purchase orders - do they still need to be on the system?

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