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

The team at DFKOGC is incredibly knowledgeable and experienced in the field of accounting. They took the time to thoroughly understand our financial situation and provided tailored solutions that perfectly suited our business needs. Their attention to detail and accuracy in handling our accounts give us complete peace of mind. On behalf of Maungakiekie Golf Club, I wholeheartedly recommend DFKOGC to anyone in need of professional accounting services.

Hugo Littlejohn

DFK have supported us for many years and the service has been great across various partners.

MAHA Australia & New Zealand

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

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

Brilliant team. Extremely helpful and professional business attitude.

Mehernosh Kotwal

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
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