End of Financial Year

Tax season can be a stressful time for business owners, especially when it comes to providing clean and accurate financial information to your tax professional.

At Raven, we understand the importance of accurate financial reporting and the impact it can have on your tax obligations. That’s why we offer a service to communicate with your tax professional to ensure that they have access to all the necessary financial information in a timely and organized manner.

Our team of financial experts will work closely with your tax professional to ensure that they receive all the information they need to prepare your tax returns accurately and efficiently. We will provide them with up-to-date financial reports, including profit and loss statements, balance sheets, and cash flow statements.

By working with us, you can have peace of mind knowing that your tax professional has access to the most current and accurate financial information.

Our goal is to make tax season a breeze for you, so you can focus on your business while we handle the financial reporting and communication with your tax professional. With our services, you can rest assured that your tax obligations are being handled efficiently and accurately, allowing you to save time, reduce stress, and focus on what you do best – running your business.

To achieve this, we will perform a thorough review and analysis of your accounts, reconcile your Business Activity Statements, and reconcile your annual payroll Single Touch Payroll reports. Additionally, we will reconcile your superannuation contributions and annual WorkCover obligations, as well as reconcile any state-based payroll tax.

We’ll also finalize and compile all necessary source documents, prepare draft annual financial reports for your tax agent, and make any necessary adjusting journal entries. With our help, you can be confident that all the information required for tax preparation will be organized and ready for your tax advisor to review.

By letting us take care of these essential tasks, you’ll be free to focus on other aspects of your business, and rest assured that your tax preparation is in good hands.