With the end of every financial year comes stress and anxiety as we all are struggling to complete all the reporting work and have a look at the books once again, before filing the taxes. Is it possible to make this process less complicated and stress-free? Yes, you can do this by updating your books regularly and keeping track of financial transactions, analysing them for profit and loss calculation, maintaining a record of all the invoices to be sent and to be paid and a lot more! Oh my God! It seems like a neverending and exhausting process. This is why I decided to hire efficient and experienced bookkeepers in Melbourne, AGI Bookkeeping Company for the bookkeeping part. But if you are doing it all by yourself, here is a step to step guide for you to get ready for the next financial year: