The process of the bookkeeping involves data entries to reflect the transactions undertaken by the business. As part of the month-end process, adjustment journals are entered so to ensure all transactions relating to a period or month are captured and reflected in the financial reports.
PremierOne’s bookkeeping services in Melbourne help to ensure your financial data are accurate and complete. It truly reflects the financial performance and position of your business. If your bills and receipts are piling up in the shoe-box, and you risk non-compliance with the ATO or other authorities, there could be severe consequences in terms of sanctions and penalties.