Below is a list of standard reports that should be run and supplied to your accountant at end of financial year to enable them to prepare your financials.

These reports should not be run until all processing is completed for the financial year being reported.

NOTE: This topic assumes that your company's financial calendar runs from July to June. If this is not the case, please substitute 'June' in this topic for the period that your financial year ends.

Prerequisites:

The following items must be complete or checked prior to running the reports for your accountant.

1.All transactions for the financial year must be entered, posted and/or updated.

2.The June BAS should be prepared, submitted and associated transactions entered.

List of Reports:

Below is a list of reports that your accountant will likely need to process your returns. It is recommended that you run all the reports and save them to a folder so you can supply them to your accountant.

NOTE: Running the reports will be easier if your processing date is set to the last day of the financial year (eg June 30). Refer to Main Menu - Changing the Processing Date for more information.

•Stock Valuation Report (Reports Menu > Inventory Control > Stock Valuation Report)
Run for all warehouses, select June for the financial year being prepared as the Inventory Period, and select No to Exclude Supp Cons'gt Stock.

•Goods Received without Invoice (Reports Menu > Inventory Control > Good Received without Invoice)

Run for all warehouses, select June for the financial year being prepared as the Inventory Period, and select All (Excluding Invoiced) as Receipt Type.

•Charge & Hold Liability Report (Reports Menu > Inventory Control > Charge & Hold Liability Report)

Select June for the financial year being prepared as the Inventory Period.

•Debtors Aged Trial Balance (Reports Menu > Debtors > Debtors Aged Trial Balance)
Run for all debtors, select June for the financial year being prepared as the Debtors Period, and select the Summary option.

•Creditors Trial Balance (Reports Menu > Creditors > Creditors Trial Balance)
Run for all creditors, select June for the financial year being prepared as the Creditors Period, and select the Summary option.

•Bank Reconciliation Report (Reports Menu > Bank Reconciliation > Bank Reconciliation Report)
Run one of these reports individually for each Bank Code that is reconciled in your system. Select the Bank Code, detailed and select June for the financial year being prepared as the Accounting Period.

•Payroll History Report (Reports Menu > Payroll > Payroll History Report)
Enter the Starting Date as the start of the financial year, and the Ending Date as the end of the financial year.

•GST Reconciliation Report - for Accruals based GST reporting (Reports Menu > General Ledger > GST/BAS Reports > GST Reconciliation Report)
Select the Starting Period as the start of the financial year and the Ending Period as the end of the financial year.
or;

•GST Reconciliation Report (Cash) - for Cash based GST reporting (Reports Menu > General Ledger > GST/BAS Reports > GST Reconciliation Report (Cash))
Select the Starting Period as the start of the financial year and the Ending Period as the end of the financial year.

•G/L Trial Balance (Reports Menu > General Ledger > G/L Trial Balance)
Select June for the financial year being prepared as the Accounting Period, and enter 9999 as the From Cost Centre and To Cost Centre.

•Balance Sheet (Reports Menu > General Ledger > Balance Sheet)
Select June for the financial year being prepared as the Accounting Period, and enter 9999 as the From Cost Centre and To Cost Centre.

•Profit & Loss Report - PTD/YTD (Reports Menu > General Ledger > Profit & Loss Report - PTD/YTD)
Select June for the financial year being prepared as the Accounting Period, and enter 9999 as the From Cost Centre and To Cost Centre.

•General Ledger Report - Detailed (Reports Menu > General Ledger > General Ledger Report - Detailed)
Select the Starting Period as the start of the financial year and the Ending Period as the end of the financial year.