In this release we’ve updated AccountRight with some important compliance changes for Australian businesses, and fixed lots of stability, display, printing, usability and reporting issues.
This...
Updated 8 years ago
Version 1.0
Blog Post
Hi Bumwitdebits
In my previous post was a link to our help article about closing off the Payroll year, which I do recommend that you have a look at. This help article does have a video which encompasses the entire end of payroll year process in the order that we recommend.
Before closing off the financial year, we do recommend checking with your accountant over whether or not the end of year entries have been completed for that financial year. If your accountant has advised that the entries have been completed and it is safe to roll over the financial year, then this can be done at any point irrespective of where you are in the process to close off your payroll year.