To process the End of Year we have provided the following help notes: EOY Help Notes.
If you would like us to help you with the process we do provide an affordable Paid For Service.
Please choose the Service you Require
1: BASIC SERVICE:
Sometimes you just want us to push a few buttons for you as you have already done the work. No problem, we can do that.
To book the Basic Service please contact us. Basic Service Contact Us
2: FULL SERVICE:
A full process consist of the following processes and takes between 1 and 3 hours.
- Take a backup of your data
- Reorganise your files
- Take a second backup of your data
- Review your Invoices and help you make decisions about any that are not yet closed
- Test the Debtors Ledger and make any adjustments required
- Review your aged Debtors and seek a decision from you on any overdue accounts that should be written off before the end of year
- Test the Creditors Ledger and make any adjustments required
- Test the Cash Book
- Check all bank accounts are reconciled
- Check your GST accounts and make any adjustments required
- Check the Asset Register for correct asset entries and depreciation rates
- Rebuild the Accrual General Ledger so we can produce preliminary In house Reports of Trading Statement, Profit and Loss, Balance Sheet
- Produce a monthly analysis of trading for your review
- Produce the End of Year Reports for your Accountant
- Create or maintain your local data folder a store copies of your In House Reports and EOY Reports
- Reorganise the files again
- Take a final Backup
- Roll over your accounts
- Check the rollover has been successful
- Create a summary report for your Accountant
- Email the reports to your Accountant
To book the Full Service please contact us. Full Service Contact Us