Reliant Bookkeeping

It’s that time of year again!!!
With EOFY just around corner here’s a quick EOFY checklist📚

✔️ Reconcile all bank accounts and clearing accounts to 30 June
✔️ Review your Creditors and Debtors and write off any bad debts
✔️ Check any amounts in suspense accounts
✔️ Make sure you have all your receipts
✔️ Reconcile payroll and superannuation accounts
✔️ Update your asset register if you have purchased new assets
✔️ Prepare and lodge BAS by 28 July
✔️ Pay superannuation guarantee amounts by 28 July
✔️ STP EOFY Finalisations needs to be sent to the ATO by 14 July
✔️ Lodge Taxable payments annual report by 28 August (if applicable)

The superannuation guarantee will increase to 10% on 1st July. Don’t forget to update your payroll system 📈

Lest we forget 🇦🇺🇳🇿 ❤️