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Getting to know your Hairware Beautyware salon software system is an important part of your business. There are so many simple and easy to use functions that will allow your salon to run smoothly and efficiently.

So what do salon owners need to do before the EOFY? When it comes to the EOFY, it’s important to ensure that your salon stock information is correct and up to date.

We recommend salons perform a Stocktake report on the 30th of June for the end of financial year. This will help you gain accurate recordings of stock held for tax purposes. The reports can be printed so that stock levels at the salon can be crosschecked.

Your Hairware Beautyware salon software will create all the reports needed. Here are some reports that can help you organise your end-of-year:

STOCKTAKE REPORT

To ensure your stock levels are correct for the end of financial year we recommend that you perform a Stocktake. To do this, follow these steps:

  1. Go to the Stock screen of your Hairware Beautyware screen, or press F3.
  2. Select option number 3, stock reports.
  3. Click number 6, Stock take reports.
  4. Select the report you wish to print.

Once this is printed, check your stock levels against the report. If you need to adjust any information, you can do so in Stock update list (F3 > 1 > 3 > 3)

RETAIL AND PROFESSIONAL STOCK REPORTS

Now that everything is up-to-date in the system, we recommend you also print your Retail and Professional Stock Reports.

  • To get the retail stock report: press F3, select option 3, and then option 2.
  • To get the professional stock report: press F3, select option 3, and then option 5.

These reports will give you accurate information about your current salon’s stock.

Please check with your Tax Agent or Accountant for any other year-end tax requirements.