Financial Year End Resources for your Accounting System and your Calxa are ready for you. How quick the time goes? And in a blink we are about to reach the mid-year-mark. Mentioning just one word: EOFY!

It’s time to stop for a moment and consider our next moves. This is no different at Calxa where we are starting to prep ourselves for the tasks that lie ahead around the 30 June finishing line. It is both compliance as well as governing milestones we work around. Here are some resources we want to share with you.

 

Your Accounting System

Keeping the tax man happy is an important part of bookkeeping and accounting. There are a range of payroll and BAS lodgement deadlines coming up that require some fine-tuning and checking of our accounting systems. AMC Training Centre is running a series of End of Year Seminars & Webinars. Alternatively there is plenty of reading material available:

MYOB

EoY Procedures

 

XERO

Do a year end in Xero

Complete end of financial year payroll requirements

 

QuickBooks Online

EoFY Seriously Easy with QuickBooks Online

QuickBooks Online EOFY Guide

 

Reckon

EOFY Processes for Payroll

 

Your Calxa

Whilst there are no pertinent requirements specific to the EOFY relating to your Calxa database, there are some ‘nice to do’ and ‘good to know’ tasks that will make life easier. So we suggest some time invested in reviewing the health of your budgets and Calxa settings is time well spent in the next few weeks.

Firstly, of course, having an EOFY process for your accounting data (as suggested above) will translate into clean books which in turn will yield meaningful reports to enable great decision-making.

Secondly, this is the time to follow a few tips on maintaining your Calxa database. Here are some Help Centre items:

Compare Next Year’s Budget to This Year’s Actuals

Web Chat: End of Financial Year Reporting

 

If you didn’t attend our Web Chat earlier this month make sure to watch the recording titled Preparing for Next Year’s Budgets.