2JunNeed a bookkeeper for End of Financial Year?
Posted on 2/06/2015 by Nine2Three
Bookkeepers are always in demand for End of Financial year work. Clients either leave it to the last minute to decide that they want to make structural changes to their general ledger, or they start to review and find that there are many areas that need to be adjusted.
Some of the things that a good bookkeeper should look at in regards to the end of the financial year include:
•Review and clear temporary and suspense accounts
•Finalise all transactions for period
•Reconcile all bank, loan and credit card accounts
•Check and reconcile all accrued payables with supplier statements
•Reconcile accounts payable and receivable sub ledgers against the balance sheet looking for any out of balance amounts.
•Complete a stock take and reconcile with inventory
•Ensure any non cash transactions are entered
•Review the P&L and Balance sheet looking for unusual amounts or anomalies
It is important to have your data reviewed by your accountant well before end of June, so that any tax planning can be implemented and the numbers reviewed while there is still time to make decisions around the information presented.
Make sure your accountant and bookkeeper are in contact and working together to give you the best outcomes for the year.
Bookkeepers are one of the specialised roles, which we supply to many businesses, bookkeeping services and accountants. So whether you are looking for someone for your own business just to enter purchases or invoices, or your need a payroll expert, or someone with experience in foreign currency, Nine2Three can assist you.
With available candidates for full time roles, part time and temporary work, we supply bookkeepers conversant in MYOB, Reckon, Xero and Excel. Tell us what your needs are and we will find the perfect solution for you.
Email the team at cv@nine2three.com.au or call us on 1300 923 000 to find out more and be ready for the EOFY!
Important Note: These articles have been prepared for general circulation and are circulated for general informational purposes only; these articles should not be regarded as business or investment advice. The articles represent the views of the writers and are subject to change without notice. Additionally, while every care has been taken in the preparation of the articles no representation or warranty as to accuracy or completeness of any statement is given. An individual or organisation should, before any business or investment decision is made, consider the appropriateness of the information in this document, and seek professional advice, having regard to objectives, situation and needs. This document is solely for the use of the party to whom it is provided.
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