End of Financial Year Checklist

Before you finalise your accounts for June 2020, it's important to check that everything reconciles.

Here's a quick list of what to reconcile for year end.

1. Check your business bank account reconciles.

2. Check your loan accounts reconcile.

3. Single Touch Payroll reconciles with reports.

4. GST and income reconciles.

5. Hire Purchases, Lease Agreements and Chattel Mortgages are included.

6. Work Cover Declarations have been completed.

7. Annual Payroll Tax reconciles.

8. Motor Vehicle Purchases, log books, odometer readings.

9. Capital Items purchased have receipts.

10. Stock and WIP at the 30 June.