Are you currently facing challenges with your year-end audit timeline?

To create confidence in your financial statements, it's essential to ensure that all monthly bank statements are structured in PDF format.

We are a small association under the Associations Incorporation Act 1981 (Qld), not registered with the Australian Charities and Not-for-Profits Commission. Our income is only $12,000, and we only have one bank account with $23,000 and only five to seven monthly transactions.

To demonstrate your attention to detail with accounts receivables (trade debtors), export the schedule to Microsoft Excel and write comments on the action taken to collect all accounts with outstanding balances over 90 days.