year end adjustment journals

Sandra_7045342
Sandra_7045342 Member Posts: 26 Novice Member Novice Member
edited October 2024 in Reckon Accounts (Desktop)
How do I enter year end adjustment journal that my accountant emailed to me over the weekend.
I'm currently using accounts plus 2015

Comments

  • cosmic
    cosmic Reckon Developer Partner Posts: 1,009 Reckon Hall of Famer Reckon Hall of Famer
    edited September 2018
    Sandra, you may need a guidance of your professional partner or AP as you also should balance the management accounts with your tax return accounts. if you need help let me we are tax agents, no charge to help.

    Cosmic Accounting Group

    Accountants and Tax Agents 22397009

  • Toni Jamieson
    Toni Jamieson Member Posts: 25 Novice Member Novice Member
    edited September 2018
    In Reckon you go to Company on the top tool bar then down to Make General Journal Entries and enter them in there at the date requested by the accountant.  It is a good idea when you have completed these to send a copy of the trial balance at the same date back to your accountant to verify that its correct.
  • cosmic
    cosmic Reckon Developer Partner Posts: 1,009 Reckon Hall of Famer Reckon Hall of Famer
    edited September 2018
    You should also send RA copy of PL and BS. and what Toni said.

    Cosmic Accounting Group

    Accountants and Tax Agents 22397009

  • Sandra_7045342
    Sandra_7045342 Member Posts: 26 Novice Member Novice Member
    edited July 2015
    Hi thanks Toni my accountant has sent me the year end adjustments in excel format, would I be able to import them. These adjustments are for the year ended 30-6-2014. I haven't yet done the end of finacial year tasks
  • cosmic
    cosmic Reckon Developer Partner Posts: 1,009 Reckon Hall of Famer Reckon Hall of Famer
    edited December 2016
    No need to Sandra, more headaches importing , just do one buy one journals, as previously suggested, actually your tax agent should help you,thats what we do for our clients. as i said before we can guide you , and free .

    Cosmic Accounting Group

    Accountants and Tax Agents 22397009

  • Sandra_7045342
    Sandra_7045342 Member Posts: 26 Novice Member Novice Member
    edited July 2015
    WHAT TAX CODES DO I USE FOR THIS ADJUSTMENT JOURNAL
  • cosmic
    cosmic Reckon Developer Partner Posts: 1,009 Reckon Hall of Famer Reckon Hall of Famer
    edited December 2016
    SHOULD BE NONE

    Cosmic Accounting Group

    Accountants and Tax Agents 22397009

  • cosmic
    cosmic Reckon Developer Partner Posts: 1,009 Reckon Hall of Famer Reckon Hall of Famer
    edited December 2016
    They should be Dep entries and income tax expense entries and may be reallocation of accounts, do not use any tax code , should not affect your GST.
    Sandra, you Tax Accountant should help you.

    Cosmic Accounting Group

    Accountants and Tax Agents 22397009

  • Sandra_7045342
    Sandra_7045342 Member Posts: 26 Novice Member Novice Member
    edited July 2015
    Hi Chandra get I get you to guide me through doing this dam Year end Adjustment Journal. I have 3 pages to enter. I think I'm going wrong some where. How do I contact you for this.
  • cosmic
    cosmic Reckon Developer Partner Posts: 1,009 Reckon Hall of Famer Reckon Hall of Famer
    edited December 2016
    OK, CALL ME ON 02 95411338 OFFICE , OR 0407068942

    Cosmic Accounting Group

    Accountants and Tax Agents 22397009

  • cosmic
    cosmic Reckon Developer Partner Posts: 1,009 Reckon Hall of Famer Reckon Hall of Famer
    edited September 2018
    OK, CALL ME ON image02 95411338 OFFICE , OR 0407068942

    Cosmic Accounting Group

    Accountants and Tax Agents 22397009

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