The following provides a general summary of the information business typical provide Financial Dynamics for completion of monthly or quarterly business activity statement obligations.
□ Backup of reconciled MYOB, Reckon or other accounting package data.
□ Access to your Xero package. Please add firstname.lastname@example.org as a Financial Advisor + Manage Users.
□ List of debtors (money owed to you by customers) as at the last day of the period listing the amount as GST inclusive and GST exclusive.
□ List of creditors (money owed by you to suppliers) as at the last day of the financial year listing the amount as GST inclusive and GST exclusive.
□ Listing of expenses paid for the business out of personal funds.
□ Bank statements for the period.
□ Completed Banklink notes or coding report if you use this service.
□ Details of assets such as motor vehicles or equipment purchased during the period.
□ Details of assets such as motor vehicles or equipment sold during the period.
□ Payroll reconciliation including details of gross payments and tax withheld.