End of Financial Year Processes ensures your business information is up to date & compliant, this process identifies any anomalies or areas requiring further review.
End of Financial Year Processes includes:
- GST reconciliation
- Payroll reconciliation
- PAYG payment summary preparation
- Annual Tax Office reporting
- WorkCover reconciliation
- Superannuation reconciliation
- Payroll Tax reconciliation
- Reconciliation
- bank accounts
- credit card
- loan statements
- Tax Office RBA account
- other liabilities
- Taxable Payment Annual Report
- Check Balance Sheet & Profit & Loss transactions for accurate reporting
- Review Accounts Receivable & Accounts Payable
- Identification of Bad Debts
- Prepare information to be provided to Tax Agents
- Complete end of year rollovers (if relevant)
- End of Year adjusting journals
