Whether you’re a small business owner or managing the books for someone else, this guide will help you tick off the essentials and keep things on track.
What's in this guide?
- Check your software settings: Make sure your business details, contacts, and conversion balances are accurate before you begin.
- Review your accounts: Go over your bills, invoices, bank statements, and stock to ensure everything is up to date.
- Reconcile your accounts: Run reports, check for errors, and reconcile your accounts to prepare for handover to your adviser.
- Review superannuation payments: Make sure the required superannuation payments and pension withdrawals have been made.
- Cash flow and Directors: Ready your cashflow and Director set up for the financial year.
