Stock adjustments that do not add up
Unfulfilled laybys, deliveries, and receipts still open when you count create the biggest EOFY stock errors and unnecessary write-offs.
Retail Express
EOFY Retail Checklist for Australian & New Zealand Retailers
Retail Express helps Australian and New Zealand retailers close the financial year with confidence. Clear operational prep, the right reports at the right time, inventory valuation you can export, and stocktake as the final step.
Clear the backlog first
Pre-EOFY operational checklist
Before any count, complete fulfilments for goods that left the store, process stock receipts for goods already arrived, finish transfers between locations, and raise supplier returns for stock going back. Stocktake is the last step in the EOFY chain, not the first.
See stocktake methods →
Right report, right moment
Static vs live reporting
Most Retail Express reports are live and reflect the moment you click Search. For EOFY, run live inventory and valuation reports after close on your year-end date (for many Australian retailers that is 30 June / before opening 1 July; New Zealand teams should use the cut-off agreed with their accountant), then export to Excel. Accounting Reports use immutable static balances for accrual reconciliation with your accounting package.
Explore retail reporting →
What your bookkeeper needs
Accounting Reports suite
Start with the Financial Summary Report for a high-level year-end view, then drill into layby movement, accounts receivable, stock adjustments, stock in transit, fulfilled sales, and related detail reports. Confirm the exact list with your accountant before EOFY.
See retail accounting →
Point-in-time stock value
Inventory valuation at year-end
Use the Inventory Valuation Report with an As At date for historical quantities and costs. Stock Value vs Sales shows live stock levels at run time, so export after month-end or EOFY close to preserve figures. Match Current Value Buy Ex to your inventory account for reconciliation.
Learn inventory management →
Count with a plan
Stocktake as the final EOFY step
Choose browser, Excel, or mobile counting based on your team and store format. Decide upfront whether you count available stock only or full stock on hand, including reserved laybys and deliveries. Use variance updates if you need to keep trading while counting.
Stocktake software →
Numbers your accountant can trust
Reconcile to Xero and MYOB
Cloud integrations sync daily sales, payments, purchases, and journals overnight. At EOFY, use Financial Summary and Stock Value vs Sales to verify Retail Express matches your ledger. Export accounting reports for your bookkeeper or use integrated sync paths for Xero and MYOB.
Xero and MYOB integrations →Integration
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