When is my financial year end?

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  • Basment Dweller
    Silver Member

    • Aug 2014
    • 314

    #1

    [Question] When is my financial year end?

    I'm busy loading my back dated rental invoices into TPN Rentbook and need to know when my financial year end is so that I can determine how far back in the history I need to go.

    I could just phone my accountant but thought I could get a quick answer on here.
  • Justloadit
    Diamond Member

    • Nov 2010
    • 3518

    #2
    Usually from 1st of March previous year to end of February the year in question
    Victor - Knowledge is a blessing or a curse, your current circumstances make you decide!
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    • dellatjie
      Silver Member

      • Sep 2012
      • 335

      #3
      @Basment Dweller, as what type of entity are you trading? Sole Prop, Company Trust...?

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      • Basment Dweller
        Silver Member

        • Aug 2014
        • 314

        #4
        Originally posted by dellatjie
        @Basment Dweller, as what type of entity are you trading? Sole Prop, Company Trust...?
        I have three companies a CC a IV trust and a PTY

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        • dellatjie
          Silver Member

          • Sep 2012
          • 335

          #5
          With regard to the CC's and Company's - the financial yearend will be on your company/cc registration documents and your annual return.

          With regard to the trust - I think it is specified in the trust deed.

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          • Basment Dweller
            Silver Member

            • Aug 2014
            • 314

            #6
            Thanks, docs say feb

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