End of financial year doesn't need to be stressful. In MYOB Essentials, there's not much you need to do, we'll close off the financial year and update your software, so you don't have to. Unlike desktop accounting software, you don't need to back up your data at end of year – it's always up to date and secure in the cloud.
But even though EOFY is easy in MYOB Essentials, you should take a few moments to make sure your accounts are in order, and everything's ready for your accountant to take care of tax time.
Get started by completing your usual End of period tasks. Once they're done, watch this video to some of the things you might want to do (and a couple that you need to do) for the end of the financial year: