In session 2 of our EOFY Workload to Workflow series, Peter Thorp, Director with the Australian Bookkeepers Network, will cover the key issues for bookkeepers and BAS agents that they need to be aware of for the busy EOFY period.

Highly practical in nature, the session will highlight key issues facing bookkeepers and their clients, issues to be aware of in closing the books that should be raised with an accountant or tax agent partner, how they can deal with them, and where to find more information.

Peter will walk you through:

• An EOFY checklist for compliance for client and accountant partners
• Principles and processes in handing over a ‘clean’ accounting file
• A methodical approach to EOFY: systemized checklists & processes
• Planning for the new financial year: maximising your bandwidth in June, avoiding burnout in July and August
• Understanding the new deferral system (lodgement & payment)
• The EOFY practice-building opportunity with clients & accountants, and making the best impression on your biggest potential referral sources, and more.

The QuickBooks team will also highlight how tools like Books Review in the QuickBooks suite can save you up to 40% of the time you usually spend on BAS preparation.