Today marks the beginning of a new financial year!
We understand that the end of the financial year is a busy time. As you gather the information discussed in our previous blogs, please remember to conduct some final checks—such as reconciling your GST with your balance sheet. To avoid any unnecessary late GST adjustments when we review and complete your financial statements, feel free to contact one of our advisors if you'd like us to review your file before you submit your March GST return to the IRD.
If you were required to perform a stock take, please review this thoroughly to ensure you are not holding any obsolete stock. If there are any items that need to be written off, now is the time to do it.
Did you have the chance to review your debtors' ledger a few weeks ago? Were any decisions made regarding bad debtors? Have you taken action in your system, or do you need assistance? Please reach out if you do.
During the end-of-year process, if you have any SAQs (Should Ask Questions), feel free to send them to Aimee at pivott@businessplusone.co.nz. Remember, there’s no such thing as a dumb question—except one that goes unasked!
GET IN CONTACT
Business Plus One Limited
Unit 2/120 King St, Pukekohe 2120
PO Box 711
Pukekohe 2340
New Zealand