Financial Year End is coming…
The 31st of August is the end of Playcentre’s financial year end. We will be sending out a short questionnaire soon to all Treasurers, to be completed by mid September. The main things you will need to do are to reconcile all transactions in the bank account and capitalise fixed assets. Once you have done that, the national Finance team will take the figures from your Xero accounts and consolidate them into the Playcentre Aotearoa Group Accounts. All Centres will need to provide bank statements to [email protected] to support all bank and term deposit balances showing in Xero on 31st August 2024. This is an audit requirement.
What can you do to prepare? If you are behind in your bank reconciliation, now is a good time to catch up. Another good thing to check is that your fixed asset capitalisations are up to date. If you get stuck, [email protected] is there to help. `
Space and BCP hosting
A reminder: if your Centre hosts SPACE sessions or Babies Can Play, the Centre needs to raise an invoice for $20 (+GST if applicable) per session and send these to Playcentre Aotearoa Accounts Payable [email protected]. Please invoice once a term.