End of Financial -Weekly

Description

“Prepare end of year accounts for your tax accountant/preparer. This includes:

* Sales Tax reconciliation
* Balance Sheet account reconciliations
* Tax Authority Client Account reconciliation
* Prepare & issue Payment Summaries to employees
* Prepare and lodge Annual Employee Payment Summary Report to Tax Authority
* Lock bookkeeping software file for EOFY to ensure no further entries made
* Email tax accountant/preparer instructions and link to access EOFY reports
* Consult with tax accountant/preparer regarding any queries to ensure information is accurate for tax returns
* Enter aligning journals into bookkeeping software to ensure books match tax returns”