Bookkeeping Tips for End of Financial Year
With the end of financial year fast approaching now is a good time to focus on making sure you have everything ready for the deadlines and requirements that are coming up. Being organised is a huge part of running a successful business.
Great bookkeeping is fundamental to any business. That is, putting all of your documents in a shoe box and hoping they will disappear is not an option.
Knowing what is required on a daily, weekly, fortnightly, monthly, quarterly and even yearly basis will ensure you are not only keeping good records, but it will help to give you a clear, accurate and timely snapshot of exactly how your business is situated at any given time. 5 minutes spent putting information in correctly now, will save you hours later.
Download your checklist of tasks to complete for tax season below.
Make sure that you have all the information that your accountant needs and to prepare yourself and your business for the new tax year ahead. By preparing all the information now it saves on delays later.