I need advise on what to do for EOFY in Reckon Hosted pls

LAC
LAC Member Posts: 18
edited July 2020 in Accounts Hosted
EOFY checklist for Reckon Hosted - I haven't completed EOY before on this system

Comments

  • John Graetz
    John Graetz Member Posts: 1,651 ✭✭✭
    edited July 2020
    Hi Leesa.  As distinct from some other accounting programs, there is no special end of year process, such as closing the ledger and starting something different. The file just keeps on going indefinitely.  There is though a process for payroll, if you are using it, with the new STP process.
    John L G  
  • John Graetz
    John Graetz Member Posts: 1,651 ✭✭✭
    edited June 2020
    Excellent.  Thank you Kevin.  I did not know that this existed.  However, as I am only involved with the not for profit sector, most of this does not apply for me.
    John