End of Financial Year

/End of Financial Year
­

Asset Write-off Ends this Financial Year

Small business with an aggregated turnover of less than 2 million (this includes sole traders, partnerships, companies or trusts) have been able to immediately deduct most assets purchased for less than $20,000 since 12/05/2015.

This immediate deduction ends on 30/06/2017.

If your business is considering purchasing a depreciating asset, it would be worthwhile making the purchase before […]

End of Financial Year Tasks

With the end of financial year upon us again, it is a good reminder of the tasks which may need to be completed in your business.

Pre-EOFY Backup
Close off EOFY Accounts in Quickbooks, Reckon, MYOB, Xero, Leap, Affinity,Sage etc
Print and prepare your Payroll Summaries and EMPDUPE files for the ATO
Post-EOFY Backup
Upgrade […]

June 28th, 2016|End of Financial Year, LAN Creation|