Sort your end of financial year

Get your books in order before the Australian financial year ends and make tax time less taxing.

The Xero dashboard shows an up-to-date summary of a business’s finances at EOFY.

Webinars and resources to help you be better off for the end of the financial year with Xero

Whether it’s your first financial year end or the fiftieth on Xero - the countdown is on for EOFY. These webinars, videos, and guides can help you know your numbers and get ready for tax time.

Browse and register for webinars now
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End of financial year explained

Australia’s financial year ends on 30 June. Get your finances in order before closing your books for the year.

Two bakers prepare bread dough knowing their books are in order for EOFY.

When to lodge your tax return

The due date for most businesses is 31 October. If you have a tax agent, they’ll let you know when to lodge.

More key financial year dates

You’ll need to submit your finalised STP report by 14 July and lodge your Q4 BAS by 28 July.

Complete your income tax return

Declare how much profit your business earned and any business expenses you can claim as a deduction.

Retain business records

Under Australian tax law, you must keep records of all business transactions for five years.

How Xero helps small business with EOFY

Find out how Xero makes business accounting, including end of financial year reporting straightforward.

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Xero has lots of tools and resources to help you prepare your small business for the end of financial year.

Xero tools and resources for EOFY

Xero provides a calendar, guides, checklists and other resources to help small businesses, accountants and bookkeepers prepare for the end of the financial year.

See EOFY tools and resources below
Prepare your clients for end of financial year with Xero’s resources for accountants and bookkeepers.

About EOFY and Xero

When the financial year ends, you'll need to finalise STP so it’s ready to submit by 14 July.

Find out how to finalise STP data in Xero

When the financial year ends, you'll need to finalise STP so it’s ready to submit by 14 July.

Find out how to finalise STP data in Xero

Use Xero’s auto super feature to batch pay your super contributions through the third-party clearing house, SuperChoice. We'll recommend a submission date for batches that takes into account bank clearing times throughout the process.

Register for automatic superannuation payments

Use Xero’s auto super feature to batch pay your super contributions through the third-party clearing house, SuperChoice. We'll recommend a submission date for batches that takes into account bank clearing times throughout the process.

Register for automatic superannuation payments

Keep on top of your reporting so your books are ready for the end of the financial year. Use our handy guide to know what tasks to complete at tax time.

Read our top tips (PDF)

Keep on top of your reporting so your books are ready for the end of the financial year. Use our handy guide to know what tasks to complete at tax time.

Read our top tips (PDF)

If your Xero plan allows, you can set up bank feeds to eliminate the need to import transactions manually. This automatically imports transactions from your bank or financial institution directly into Xero.

Read about managing bank accounts and feeds

If your Xero plan allows, you can set up bank feeds to eliminate the need to import transactions manually. This automatically imports transactions from your bank or financial institution directly into Xero.

Read about managing bank accounts and feeds

Xero calculates super based on the statutory rate set by the ATO, automatically applying any update to the superannuation guarantee rate for a financial year to pay runs.

Process superannuation payments

Xero calculates super based on the statutory rate set by the ATO, automatically applying any update to the superannuation guarantee rate for a financial year to pay runs.

Process superannuation payments

More helpful EOFY resources

Start using Xero for free

Access Xero features free for 30 days to help you conquer tax time.

Run your business with Xero

Xero has all the features you need to manage the end of the financial year effortlessly.

Easy invoicing

Send online invoices as soon as the job is done. Set automatic reminders to spend less time chasing payments.

Learn more about invoicing

Simple bank reconciliation

Keep track of your cash flow with daily bank reconciliation. Save time and stay current on your business.

Learn more about bank reconciliation

Instant data capture

Automate tasks like entering bills and receipts. Take a photo of receipts or scan bills into Xero via Hubdoc.

Learn more about capturing data