End the Financial Year in the Strongest Position
For many Australian small businesses, the financial year end in June is met with groans and a seemingly endless set of accounting tasks from wrapping up outstanding payments or purchases, to chasing receipts and preparing PAYG reports for employees.
However, smart businesses can use this time to understand exactly where they will land at the end of June and what that means in terms of profitability, cash, and tax planning to end the year strongly and set the foundation for a better new year ahead financially.
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