End of financial year is here!
31st March 2022 is the end of the financial year. And it's nearly here! Here are a few things you can do for your business to get your records in order. On 31st march you will need to;
* Do a stock take of all items for sale in your business and
its value.
* Count all the cash in the till and record the total amount.
* Make sure all items in Xero are reconciled and balances
match.
* Make a list of all the invoices you have sent out, but have
not been paid to you yet, on the date of 31st March.
* Make a list of all the bills that have come in to you , that
you are yet to pay on 31st of March.
* Keep all statements that come in to you from banks,
insurance companies, investment companies etc,
particularly over the next month or so.
Tip: This is just some of the information your accountant will need to do your annual accounts. If you start gathering up this information now it will save you having to hunt for it for it down the track
If you have questions about this contact us;
Phone: 027 6156145 or 8671905
email: admin@jba.net.nz
Poll: Should we ditch daylight saving? 🕰️
First introduced in New Zealand in 1927 with the passing of the Summer Time Act, it's what we know as 'Daylight Saving' and this year it ends on the first Sunday in April.
While we do get to sleep in this time around, some people would like to scrap the clock tinkering for good.
And why? Some evidence suggests the time changes are bad for our health as they mess with sleep patterns leading to short-term fatigue and affecting mood. Meanwhile the hour change is frustrating for farmers and a nightmare for getting the littlies to sleep. But what's your take?
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0% Yes - get rid of the clock changes
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0% No, I enjoy it
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0% Other - I'll share below
Don't overthink this riddle...
I have a silver sole
but no feet,
I make my living by bringing the heat.
What am I?
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