How to prepare for the end of the financial year
30 May 2024
We’re nearly at the end of the financial year, so if you’re balance date/end of financial year is 30 June, there are a few things you need to do to help us prepare your financials.
Take a stocktake
If your business sells products/has stock, you’ll need to do a stocktake on 30 June. If you’re a business that sells products, then you need to take a stocktake of your physical inventory. If you’re a farmer, then you need to take a physical livestock tally.
Send in your EOY papers
Compile a folder (digital or hard copy) with a copy of the following documents:
- Bank statement that shows the balance on 30 June 2024 for all your bank accounts and loans.
- Insurance invoices.
- ACC invoices.
- Loan statements for the year (if applicable).
- Any new loans or refinancing documents.
- Invoices for assets purchased and sold.
- GST workings and reports.
Submit the online questionnaire
In late June/early July, you’ll receive an email from us with an online questionnaire to fill out and submit. If you haven’t received this by the end of July, let us know.
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To discuss all your account matters please call us on 09 438 1001
