Our end of Financial year packages are designed to find and correct any errors in your accounting software. This makes sure you start the new financial year in control of your accounts. This gives you confidence that your payment summaries are correct before supplying them to employees and the ATO.
We perform the following tasks:
- Check all bank accounts are reconciled correctly to your bank statement
- Reconcile Payroll & superannuation accounts
- Reconcile GST accounts
- Review aged creditors and aged debtors
- Write off bad debts
- Publish payment summaries & lodge with ATO
If we find any errors or omissions, we will discuss the options to correct them with you prior to undertaking any corrective actions.