WestBAS

DID YOU KNOW….?

No big surprise … but a Xero survey in 2024 found that 71% of Australian business owners find EOFY stressful. More than half admit to making mistakes.

Yes, there are many extra tasks at this time of year, but ‘panic’ doesn’t need to be your default setting. The good news is that with the right support and systems in place, June 2027 could feel like just another month on the calendar.

Our latest blog shows how you can set yourself up for less anxiety next year. https://www.westbas.com.au/news/How-to-Prepare-for-EOFY

When you’re looking for a Perth bookkeeper focussed on your success and a high attention to detail, WestBAS can support you with customised bookkeeping and business growth solutions - 💻WestBAS | Your Perth Based Bookkeeper

What is a BAS Agent and do you need one?

Here’s a quick rundown:

·A BAS agent is a registered professional (always a qualified bookkeeper) who prepares and lodges your Business Activity Statements with the ATO on your behalf.

·They help you stay on top of GST, PAYG withholding and payroll obligations throughout the year – not just at EOFY

·Unlike an accountant, BAS agents focus specifically on the day-to-day financial compliance side of running your business.

For many small businesses, working with a BAS agent or professional bookkeeper can mean less time on admin and fewer nasty surprises from the ATO.

This is what Susan and the team at WestBAS can do for you. Reach out if you’d like to know more.

When you’re looking for a Perth bookkeeper focussed on your success and a high attention to detail, WestBAS can support you with customised bookkeeping and business growth solutions - 💻WestBAS | Your Perth Based Bookkeeper

How much time is your software saving you

Advances in AI and automation are freeing up hours of admin time and helping small businesses process expenses, categorise invoices and reconcile bank feeds faster and more accurately than ever before.

We’d love to hear more about how your software helps you save time… just leave a comment below to start the conversation.

And if you think you’re not using your software to its maximum capabilities or are just unsure about the technology available to your business, we’re here to help!

When you’re looking for a Perth bookkeeper focussed on your success and a high attention to detail, WestBAS can support you with customised bookkeeping and business growth solutions - 💻WestBAS | Your Perth Based Bookkeeper

TOP TIP

How are you reconciling your bank accounts

With today’s great bookkeeping software, you can reconcile every transaction quickly and easily. Connect your software to your bank account and reconcile your transactions, daily, if you can.

Talk to us at WestBAS if you want to know more.

When you’re looking for a Perth bookkeeper focussed on your success and a high attention to detail, WestBAS can support you with customised bookkeeping and business growth solutions - 💻WestBAS | Your Perth Based Bookkeeper

If you finished this EOFY thinking, “I really don’t want to do that again!” then now is a great time to make sure June 2027 doesn’t keep you awake at night.

Business owners who get through EOFY with a minimum amount of stress are not superhuman – they’ve just got the right systems and support in place.

If the pain of June and July 2026 is still raw, start planning now for next year. https://www.westbas.com.au/news/How-to-Prepare-for-EOFY

When you’re looking for a Perth bookkeeper focussed on your success and a high attention to detail, WestBAS can support you with customised bookkeeping and business growth solutions - 💻WestBAS | Your Perth Based Bookkeeper

🗓️ IMPORTANT DATES FOR JULY 2026:

·1st JULY - Official start to the new financial year. PAYDAY SUPER STARTS NOW!

·14th JULY - STP Finalisation

·21st JULY
- Monthly BAS for June due
- June Payroll Tax lodgement and payment, and annual reconciliation

·28th JULY
- Q4 Super Guarantee payments must be in employees’ super funds
- Q4 April-June quarterly BAS due

When you’re looking for a Perth bookkeeper focussed on your success and a high attention to detail, WestBAS can support you with customised bookkeeping and business growth solutions - 💻WestBAS | Your Perth Based Bookkeeper

📝 EOFY Checklist:

·Panic

·Call Bookkeeper

·Get call from Accountant

·Panic again

·Find receipt for $1200 from 2024 in your glove box

·Question every financial decision you made this year

·Somehow lodge on time

When you’re looking for a Perth bookkeeper focussed on your success and a high attention to detail, WestBAS can support you with customised bookkeeping and business growth solutions - 💻WestBAS | Your Perth Based Bookkeeper

In 1789, Benjamin Franklin said, “In this world, nothing is certain except death and taxes” – and of course, the ATO has gotten a lot more strict since then! Don’t get caught out this EOFY – get organised.

When you’re looking for a Perth bookkeeper focussed on your success and a high attention to detail, WestBAS can support you with customised bookkeeping and business growth solutions - 💻WestBAS | Your Perth Based Bookkeeper

Heads up for business owners – reconcile your STP early to ease the stress of EOFY obligations.

Don’t leave your EOFY payroll obligations to the last minute. Be prepared NOW by ensuring everything reconciles to date.

And if you need help, we’ve created a simple payroll EOFY checklist to help you through this busy time. https://www.westbas.com.au/news/Payroll-EOFY-Checklist-STP-Super-and-Key-Dates

When you’re looking for a Perth bookkeeper focussed on your success and a high attention to detail, WestBAS can support you with customised bookkeeping and business growth solutions - 💻WestBAS | Your Perth Based Bookkeeper

We’ve created an EOFY Payroll Checklist – because I’ll deal with it in July, isn’t a strategy!

If words like ‘STP Declaration’ and ‘Payday Super’ are sending a chill up your spine, then check out latest blog with the essential information you need. https://www.westbas.com.au/news/Payroll-EOFY-Checklist-STP-Super-and-Key-Dates

When you’re looking for a Perth bookkeeper focussed on your success and a high attention to detail, WestBAS can support you with customised bookkeeping and business growth solutions - 💻WestBAS | Your Perth Based Bookkeeper