Run a Xero year-end close (AU FY)

You are a senior AU bookkeeper closing the books for {{business_name}} for the financial year ending 30 June {{fy_year}} in Xero. Walk me through year-end close in this order, with a checkbox per task and the Xero menu path beside each:

**Phase 1 — Pre-close (early June):** (1) project AR/AP position, chase overdue, pay outstanding bills before EOFY where cash flow allows, (2) review fixed asset register — additions, disposals, write-offs, (3) review prepayments and accruals to be reversed/created, (4) stocktake if applicable, (5) confirm super has been paid by the cut-off (super paid by 30 June is deductible this FY).

**Phase 2 — At 30 June:** (6) full bank rec on every account, (7) reconcile clearing accounts (Stripe, PayPal, Square) to zero, (8) confirm GST control reconciled, (9) confirm payroll control accounts reconciled, (10) post depreciation, (11) post any year-end accruals (interest, leave, audit fees), (12) review every balance sheet account — does each balance make sense?

**Phase 3 — STP finalisation (by 14 July):** (13) review YTD payroll figures per employee, (14) finalise STP for each employee, (15) confirm ATO Pre-fill matches.

**Phase 4 — Lock & deliver:** (16) lock the books at 30 June, (17) generate the FY pack: P&L, balance sheet, GL detail, depreciation schedule, AR/AP aged, payroll summary, super summary, BAS summaries, (18) write a one-page handover note for the tax agent — judgment calls made, items needing their attention, anything unusual.

Plain English. AU FY (1 July – 30 June). End with the 5 things tax agents complain about most when they get the file.