Business Alert at 9:00am With CVA – End of October Business Checklist

Clear Vision • October 23, 2018

We are approaching the end of October so by now you should be getting ready to meet with your accountant to discuss business issues and performance, however if you are really advanced; you’ll be updating your projects on your 1 page business plan.

Here’s a timetable you can adapt to your business to assist in this process:-

  • 2nd October = Invoicing Finalised
  • 7th October = Reconciliations done including Aged Payables/Receivables/GST/PAYG Withholding
  • 15th October = BAS Ready for Lodgement & End of Month Closed
  • 28th October = Meeting with your accountant

This timetable can be utilised monthly or quarterly depending on your arrangement.

Ideally, your meeting should be 4 to 5 weeks after the end of each quarter or 3 weeks if you have monthly meetings. Any longer than this and it will be harder to take corrective action on any issues that have occurred in your business.

If you’d like more information on this or maybe more detail, give us a call, we’re happy to help.

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