Make sure you reconcile all bank accounts up to and including 30 June 2019 and not to the end of the statement.  This includes all term deposits, loans, credit cards and don’t forget Citylink (Linkt) or trade accounts. 

Bank reconciliations will be required for when we attend to your income tax returns so make sure that the statements you provide clearly show 30 June 2019 date and the balance you reconciled to.  If you no longer receive bank statements by ordinary mail or have closed accounts or do your banking online, you will need to download the last statement that clearly shows the account closure and or 30 June 2019 date and closing bank balance.

When closing any account, remember to always obtain the last statement or at the very least details of the last transactions immediately prior to the account being closed.