BUSINESS QUESTIONNAIRE 2017

Balance date *
Balance date
1. Does the financial information disclosed in this questionnaire and provided to us cover the full financial year?
If yes, go to question 2
2a. If you use live or online accounting software, have you provided the following?
• Login and password information where SME does not currently have a login/access. • Copies of bank statements for all accounts confirming the closing balance at balance date (i.e. cheque, savings, term deposits, other).
2b. If you use computer accounting software, have you supplied the following?
• Electronic copy/back up of file provided via flash drive, emailed to appropriate client manager or uploaded to secure area via SME Financial website. Please circle the method you have chosen. • Copies of bank statements for all accounts confirming the closing balance at balance date (i.e. cheque, savings, term deposits, other).
2c. If you use cashbook/no record accounting, have you provided the following?
• Copies of bank statements for all accounts for the period, 1 April – 31 March (i.e. cheque, savings, term deposits, other). Also include credit card statements if necessary. • Print outs of profit & loss, balance sheet, trial balance and full general ledger detail. • Details, including narrations of all payments and receipts if necessary (i.e. cheques, AP’s, direct debits).
3a. At year end, did you have stock on hand (raw materials, finished goods)?
If yes, please copies of statements, reports or relevant documentation confirming the closing balances and details.
3b. At year end, did you have work in progress?
If yes, please copies of statements, reports or relevant documentation confirming the closing balances and details.
3c. At year end, did you have any cash on hand (receipts not yet banked)?
If yes, please copies of statements, reports or relevant documentation confirming the closing balances and details.
3d. At year end, did you have any petty cash?
If yes, please copies of statements, reports or relevant documentation confirming the closing balances and details.
3e. At year end, did you have any outstanding accounts receivable (debtors)?
If yes, please copies of statements, reports or relevant documentation confirming the closing balances and details.
3f. At year end, did you have any outstanding accounts payable (creditors)?
If yes, please copies of statements, reports or relevant documentation confirming the closing balances and details.
4a. Have you provided GST returns and work papers as relevant to your business or partnership?
4b. Have you provided FBT returns and work papers that are relevant to your business or partnership?
4c. Do you have any hire purchase or lease documentation/agreements?
If yes, please provide details of closing loan balances, interest rate and details of securities in place (where applicable).
4d. Have you provided any relevant investment details and statements plus any details of investments bought or sold during the year?
5. Have you purchased, sold or written off any assets during the year?
If yes, please supply details below and supply invoices on purchases and description, date and value for items sold and written off. If no, skip to question 6
6a. Have you had any interest, dividend or rebate income?
If yes, please supply supporting documents
6b. Have you had any legal expenditure?
If yes, please supply copies of invoices paid for legal fees
6c. Have you incurred any repairs or maintenance expenses over $500?
If yes, please supply details
6d. Has the business/partnership made any donations?
If yes, please supply receipts
7. Do you have any holding in offshore entities?
Eg: bank accounts, credit cards, superannuation schemes, unit trusts, life insurance policies, shares in overseas companies, loans to foreign entities. Note: if you have offshore investments we will need to contact you in relation to applying the foreign investment fund (FIF) rules.
8. Have you used a private vehicle for business purposes?
If yes, please provide logbook and further information as detailed in question 8a.
Please note log books are to be maintained for a three month period every three years.
9a. Are business accounts paid personally?
If yes, please supply a full list (GST exclusive)
9b. Were any goods or services (including stock) taken for own use?
If yes, please supply details, including value at cost
9c. Were any goods or services, (including stock) supplied to shareholders or employees for less than market value?
If yes, please supply details
Most entertainment expenses are restricted to 50% deductibility for tax purposes. However, some are still fully deductible or qualify for a partial exemption eg: overseas expenditure on entertainment, business travel expenditure. Please provide full details.
11a. Have you provided IRD345 employer deductions?
We need these to reconcile your wage records to your financial statements.
11b. Have you provided - IR 348 employer monthly schedules for the financial year to balance date?
We need these to reconcile your wage records to your financial statements.
11c. Have you provided copies of all ACC invoices issues to you during the year?
If no, please supply.
12. Is this company an LTC?
If yes – please provide details of any debt security in place including the name of the party or parties securing the debt, what debt has been secured and the type of security in place. We need this information to determine the extent of the LTC losses or income claimable under the LTC rules.
13. Do you have a home office?
If no, skip to general comments
Please supply supporting documents if you have them
$
Please supply supporting documents if you have them
$
Please supply supporting documents if you have them
$
Please supply supporting documents if you have them
$
Please supply supporting documents if you have them
$
Please supply supporting documents if you have them
$
Please supply supporting documents if you have them
$
Please supply supporting documents if you have them
$
Declaration *
By submitting this form, you agree that the above information will be used SME Financial Limited in the preparation of financial statements and taxation returns as agent on my behalf. I have read and understood the obligations which I am required to meet included in the “Information to be Provided” section. Under the terms of the Privacy Act (1993), authorise SME Financial Limited to obtain from any third party any records or information you require for the purpose of preparing my Financial Statements and Income Tax Returns and accordingly any such third party is authorised to provide you with information required.