Define: Year End

UK Accounting Glossary

Definition: Year End

Quick Summary

Year end is the end of a business’s accounting year. It’s short for ‘accounting year end’.

What is the dictionary definition of Year End?

Dictionary Definition

Full Definition

The end of the financial year. During this period, the accountant calculates how much tax a business owes to the government. Bookkeepers need to ensure that reconciliations are completed, transaction entries are correctly coded, supporting paperwork is readily available, and that sales taxes and PAYE taxes have been processed.

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