End of Financial Year Checklist

As the end of the financial year comes to a close, it is important for businesses to set time aside to reflect and ensure a strong finish and a fresh start.

  1. Review last year’s revenue goals:

    Reviewing your goals can let you know if any changes need to be made before the final holiday season stretch.
  2. Run year-end financial reports:

    Gives you an opportunity to look at the bigger picture rather than the day-to-day details.
  3. Update employee and payroll information.
  4. Update vendor information and files.
  5. Checking physical inventory:

    Important for tax purposes as well as evaluating which products do or don’t do well.
  6. Back up of data:

    Conduct an end of year data back-up as well as regular back-ups.
  7. Website check:

    Ensure your website is updated with any end of year sales/information.
  8. Consider potential staffing needs:

    Reflect on the load and whether hiring new staff could be beneficial.
  9. Business accomplishments:

Noting down your business’ accomplishments can be motivating and increase morale.

Where has your EOFY landed? If you want to improve your business results in the coming year, don’t hesitate to reach out to one of our partners. We’d love to help you achieve your business goals.

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What our clients say

It’s not so big that you feel like just another number, but it’s also big enough that they can cover everything I need.  I feel comfortable with the fact that as my business grows, DFK OGC will be able to handle the demands that come with it.

Lee Chang Woo

Extremely professional and astute business advisors. Our businesses has benefitted and elevated to new horizons with DFK OGC by our side. Even when going gets challenging, they are open to seek subject matter experts. Anit Patel and his entire team are great highly recommended.

Sanjai Bagia

We have found DFK OGC’s approach to everything from services provided to how they build relationships one that had worked well for them. We’ve found them to be down to earth, obviously knowledgeable about what they do and approachable as well. They always welcome the phone.

Any time I need them – any of the partners – they’re there to pick up the phone.
And they provide that service after hours as well, which is just great.

Dipak Bagia – CEO Petrochem Group

Very efficient and has a personal touch. If you have questions, they respond in a timely manner and even visits you to explain things face to face.

Marlo Camacho

My Company has been utilising the services of DFKOGC for many years and this itself speaks volumes for the excellent professional services rendered by them. I have been interacting with the DFKOGC team for the past 2 months and I have found them to extremely responsive, very professional and always willing to go the extra mile to service us.

Mary Abraham

We have been dealing with the team at DFKOGC since last 10 years and we have always found them to be very professional and supportive to all our accounting needs.They do have full range of professionals available in the team to cater for all the accounting related Services and very responsive to all the client requirements.

Munish Singla