I was uploading stuff into Xero by myself for my small business, including my payslips, etc. It became a bit of a mess with unmatched transactions etc.
I am not applying for a home loan and the bank is requesting an official letter from an accountant that states that the business does not have any liabilities.
The only liability I can think of for this business is unpaid super contributions (for my own super...which I was going to be later). The business expenses outweighed income generated so there should not be any tax payable.
In any case, this has spiraled out of my control and I really need an accountant to take a look at it for me.
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