Closing a financial year

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This section describes the tasks you should perform at the end of your financial year.

However, you don’t need to close your financial year at any particular time. You can continue to use your company file after the last month of your current financial year.

Complete the tasks listed below to close your financial year and start a new one.

Task
1	Complete month-end tasks
2	Perform a stocktake (Not Basics)
3	Provide information to your accountant
4	Enter end-of-year adjustments
5	Back up your company file
6	Close a financial year

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Closing a payroll year

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