Spring is here!
It’s a good time now after the tax season is over to start spring cleaning your business financials to prepare for next year.
A few tips to start:-
- Clean up your bank accounts. If you have unreconciled amounts on your bank reconciliation, dive deeper into what they are and allocate correctly.
- Review your debts
- Look at your expenses to perhaps save on costs
- Review your insurance renewals – Do you need to revise it by increasing the premium or reduce it? This depends on covering more equipment perhaps, vehicles or some other new business activities that should be covered accurately
Do you need some help with these tips? Get in touch with us today.
Xero Certified Bookkeeper Sally: 0414 522 778
Or
Book a free 15 minute consultation here
Xero Bookkeeper for Hawkesbury and Penrith areas.
