Well its 30 June and the end of financial year. Below are 5 'Must do's' to help you meet your end of year requirements:

1. Bank Reconciliations

• Make sure all bank accounts are reconciled at 30 June 2011. Not necessarily the date the bank statement arrives.
• Please include loan accounts, gaming accounts, Eftpos and ATM accounts

2. Stocktake

• Make sure you have done a stocktake.
• It may not be possible to do it tomorrow however it is preferred that it occurs as close to 30 June as possible.

3. ATMs, Floats and Safe

• Don’t forget to count the cash that you have on hand include the ATM, all floats and what you have in the safe.

4. Ensure all purchase dockets/invoices are entered into your accounting system (MYOB/QuickBooks).

5. Payroll

• Ensure your payroll system is closed off for the financial year and PAYG Payment Summaries are produced.
• Ensure your payroll system is upgraded for any changes in industry awards
• Reconcile your Superannuation and make sure it is physically made and has cleared your bank account by the 28th July